use financial calculator

1. You recently landed a job which pays you well. You have since decided to buy a house which will cost you 650,000. After budgeting your expenses, you decide that you can put down $82000 today as a down payment and 17000 at the end of every year annually. What rate is the bank charging you annually if you pay off your mortgage in 14 years? 2. Calculate the future value of an annuity which pays 400 every year for the next seven years, if the interest rate is 4%. 3. Calculate the annual payment that must be made if you would like to save up $50,000 by t=9. Assume the interest rate to be 3.8% per annum