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solve all the points to by hand with understandable handwriting SUBJECT: Financial Mathematics 1) Solve, Step by Step a) A person wants to buy a
solve all the points
to by hand with understandable handwriting
SUBJECT: Financial Mathematics 1) Solve, Step by Step a) A person wants to buy a car that has a price of $ 54,000,000 through a loan. If the financing company offers the conditions: loan of 90% of the total value in equal monthly installments for 5 years and an interest rate of (the next two digits of your ID), with monthly capitalization. What will be the value of the installment monthly? b) The lease of an office establishes payments of $ 4,000,000 per month at the beginning of each month, during (the last two digits of your identity card) months. If an interest of 2.5% effective monthly is assumed; What will be the single payment at the beginning of the contract that covers the entire lease? c) $ 150,000,000 is owed, which will be settled in the last two digits of your ID) equal payments due, considering a rate of 12%. Annual cash, it is requested to determine the value of each installment. SUBJECT: Financial Mathematics 1) Solve, Step by Step a) A person wants to buy a car that has a price of $ 54,000,000 through a loan. If the financing company offers the following conditions: loan of 90% of the total value in equal monthly installments for 5 years and an interest rate of 60%, with monthly capitalization, what will be the value of the monthly installment? b) The lease of an office sets monthly payments of $ 4,000,000 at the beginning of each month, for 60 months. If an interest of 2.5% effective monthly is assumed; What will be the single payment at the beginning of the contract that covers the entire lease? c) $ 150,000,000 is owed, which will be settled in 60 equal payments due, considering a rate of 12%. Annual cash, it is requested to determine the value of each installment Step by Step Solution
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