Rachel carries a mortgage of $560 000. The nominal

interest rate is 4.5%, the term is 30 years. What is the

monthly payment, rounding to the nearest cent?

What is the equivalent rate of the series of discount

5 / 15 / 20?

An annuity offers a payment of $5 000 at the end of every

months for twenty years. Nominal interest is 5.25%.

Determine the present value of this annuity today. Round

your answer to the nearest dollar.

John's invested in Investment A with a nominal rate of 5%.He contributes $2 000 per month at the end of month for5 years. He also invested in Investment B, with the sameterms, but he invested same amount at the beginning of themonth. What is the difference, in nearest dollar, of thefuture values of Investment A and B?

Jan Levi is setting up a college savings fund. She wants her

child to have $30 000 in ten years. The college savings

fund earns interest at a nominal rate of 4.5 % convertible

monthly. If the parent wishes to make equal deposits at the

end of every month, how much should she deposit?

Round the amount to the nearest cent.

The term of cash discount is 1/10 net 30. Invoice

date is 2022-08-04, what is the latest date you have to

pay in order to enjoy the cash discount?

Rachel carries a mortgage of $560 000. The nominal

interest rate is 4.5%, the term is 30 years. What is the

bi-weekly payment, rounding to the nearest dollar?

You are investing a principal of $75 500 and would like

to earn simple-interest of $1 800 at a nominal rate of

5%. Calculate the term of the investment, rounded to the

nearest number of months.