Styles Question 1 (13 points) New Balance 1 (1 point) DBD 2 (1 point) Interest 2 (1 point) Payment 2 (0.5 points) Question 1 options: Mandalorian Bounty Hunters needs to replace their Razor Crest transport. They decide to borrow 220000 from the Jabba Commercial Bank on 08-Nov-2018 at 4.5%. They make a payment of 88000 on 19-Dec-2018 and another payment of 77000 on 16-Jan-2019. What is the amount of their final payment on 17-Mar-20197 Use the table to help you make your calculations. Interest Date DBD (4.6%) Paymer 09-Dec-2018 17-Jan-2019 DBD 1 Interest 1 Payme 10-Feb-2019 DBD 2 Interest 2 Paymer Final 13-Apr-2019 DBD 3 Interest 3 Balance DBD 1 (1 point) Reduce Balance by (RB 2) () point) New Balance 2 (1 point) DBD 3 (1 point) Interest 3 (1 point) Interest 1 ( point) Final Payment (2 points) Payment 1 (0.5 points) Reduce Balance by RB 1) (1 point) Layout References Mailings Review View Help G AaBbc 11 A A Aa to ALI ab X, XALA Nom Font Paragraph 2 Question 2 (4 points) Question 2 options (Total 4 points) Princess Leia writes a promissory note to Hutt Enterprises for 1800 bearing 19.5% compounded quarterly for 13 quarters. How much will she owe on the due date? Fill in the blanks below, and then calculate your answer on your calculator, Round to two decimal places. Fill in the blanks below, and then calculate your answer on your calculator. Round to two decimal places. P/Y (0.5 pts) C/Y (0.5 pts) N (0.5 pts) 1/Y (0.5 pts) PV (0.5 pts) FV (1.5 pts) English (United Kingdom) to search N. Question 4 (8 points) Question 4 options Princess Leia wrote a promissory note for 4620 bearing 17.18% compounded monthly that will be due in 2 years and 6 months. What will be the maturity value of the note when it comes due? END/BEC (0.25 points) Question 5 (8 points) Question 5 options Yoda wrote a non-interest bearing promissory note for 46050 that will mature in 7 years and 3 months. What are the proceeds of the note if money is worth 6.8% compounded quarterly? END BEC (0.25 points) P/Y (1 point) P/Y (1 point) CAY ( point) C/Y (1 point) N (1.5 points) N (1.5 points) 1/Y (1 point 1/Y (1 point) PV (1 point) PV (2 points) PMT (0.25 points) PMT (0.25 points) FV (1 point) FV (1 point) Styles Question 1 (13 points) New Balance 1 (1 point) DBD 2 (1 point) Interest 2 (1 point) Payment 2 (0.5 points) Question 1 options: Mandalorian Bounty Hunters needs to replace their Razor Crest transport. They decide to borrow 220000 from the Jabba Commercial Bank on 08-Nov-2018 at 4.5%. They make a payment of 88000 on 19-Dec-2018 and another payment of 77000 on 16-Jan-2019. What is the amount of their final payment on 17-Mar-20197 Use the table to help you make your calculations. Interest Date DBD (4.6%) Paymer 09-Dec-2018 17-Jan-2019 DBD 1 Interest 1 Payme 10-Feb-2019 DBD 2 Interest 2 Paymer Final 13-Apr-2019 DBD 3 Interest 3 Balance DBD 1 (1 point) Reduce Balance by (RB 2) () point) New Balance 2 (1 point) DBD 3 (1 point) Interest 3 (1 point) Interest 1 ( point) Final Payment (2 points) Payment 1 (0.5 points) Reduce Balance by RB 1) (1 point) Layout References Mailings Review View Help G AaBbc 11 A A Aa to ALI ab X, XALA Nom Font Paragraph 2 Question 2 (4 points) Question 2 options (Total 4 points) Princess Leia writes a promissory note to Hutt Enterprises for 1800 bearing 19.5% compounded quarterly for 13 quarters. How much will she owe on the due date? Fill in the blanks below, and then calculate your answer on your calculator, Round to two decimal places. Fill in the blanks below, and then calculate your answer on your calculator. Round to two decimal places. P/Y (0.5 pts) C/Y (0.5 pts) N (0.5 pts) 1/Y (0.5 pts) PV (0.5 pts) FV (1.5 pts) English (United Kingdom) to search N. Question 4 (8 points) Question 4 options Princess Leia wrote a promissory note for 4620 bearing 17.18% compounded monthly that will be due in 2 years and 6 months. What will be the maturity value of the note when it comes due? END/BEC (0.25 points) Question 5 (8 points) Question 5 options Yoda wrote a non-interest bearing promissory note for 46050 that will mature in 7 years and 3 months. What are the proceeds of the note if money is worth 6.8% compounded quarterly? END BEC (0.25 points) P/Y (1 point) P/Y (1 point) CAY ( point) C/Y (1 point) N (1.5 points) N (1.5 points) 1/Y (1 point 1/Y (1 point) PV (1 point) PV (2 points) PMT (0.25 points) PMT (0.25 points) FV (1 point) FV (1 point)
