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Question 9 5 pts o AL You are buying a house and need to borrow 159,849. The terms of the mortgage are: 15 years of

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Question 9 5 pts o AL You are buying a house and need to borrow 159,849. The terms of the mortgage are: 15 years of monthly payments (with the first payment occurring one month from today); no balloon payment due at the end; and the bank's (i.e. lender's) stated "APR" mortgage rate is 4% per year (with assumed monthly compounding because the payments occur monthly). What is your mortgage fi.e. amortization) payment? Enter value to the nearest penny. rer co ww Th Pe! Question 10 5 pts Whe Wha Is ca The next Women's World Cup Finals Toumament was recently awarded to Australia/New Zealand. You would like to attend. You estimate the total cost for you to do so (flights, hotel stays, game tickets, food, and entertainment) will be 10,402. For ease of calculation, assume the 10,402 will be spent all at once, three years from now. Establish a monthly savings plan to achieve the goal of having enough money to spend that 10,402 at that time. Assume you plan to put equal-size monthly payments into an account that earns 2% per year with annual compounding. How big must each payment be (assuming the first one is one month from now)? Enter value to the nearest penny. www. Com Jul 30 Compe www.in Com May 8, Com MacBook Air esc DOO

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