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Suppose you want to borrow $95,000 and you find a bank offering a 20 year loan with an APR of 5%. A. Find your regular

Suppose you want to borrow $95,000 and you find a bank offering a 20 year loan with an APR of 5%.

A. Find your regular payment if you pay n=1, 12, 26, 52 times a year.

B. Compute the total payout for each of the loans in part (a).

C. Compare the total payouts computed in part (b).


A. The payment for n = 1 would be $____.

The payment for n = 12 would be $____.

The payment for n = 26 would be $____.

The payment for n = 52 would be $____.

(Do not round until final answer. Then round to the nearest cent as needed.)


B.n For n=1 total amount paid is $ _____, for n=12, the total amount paid n is $____, for n=16 , the total amount paid is $______, and for n=52 the n total amount paid is $_____. 

(Round to the nearest dollar).

C. What can be said about the frequency of payment and the total amount paid?

A. More frequent payments result in a smaller total amount paid.

B. Less frequent payments result in a smaller total amount paid.

C. More frequent payments result in a larger total amount paid.

D. There is  no relationship between the payment frequency and total amount paid.

Use the stiffness equation you have derived to calculate the internal force diagrams of the structure below. Confirm your results using NASTRAN and PATRAN. N mm E 2.1 105. N 9 = 450- m I = 13333 mm4 a = 0.5m A = 10000 mm EL 2EA-El 2EA-El

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