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whatever you can get done please 1 pts D Question 4 What is the present value of a stream of monthly payments of 1,536 dollars
whatever you can get done please
1 pts D Question 4 What is the present value of a stream of monthly payments of 1,536 dollars each over 6 years, if the interest rate is 4% per year, compounded daily? For computational simplicity, assume 30 days in each month. (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas) Question 5 1 pts You need to have 57.293 dollars to buy a new car 5 years from now. How much do you need to save at the end of each month if your savings account pays 8% per year. compounded quarterly? (note: round your answer to the nearest cent, and do not include spaces, currency signs, plus or minus signs or commas) D Question 6 1 pts You just graduated college and are buying your first house. Thus, you are researching mortgage options. Which of the following is true? e Increasing your down payment will lower your monthly mortgage payment and total interest paid on the loan In comparison to a 15-year mortgage, a 30-year mortgage will save you money in the long run by reducing the total interest you pay over the life of the loan All of the glven answer choices. In comparison to a 15-year mortgage. a 30-year mortgage will cost you more money in the short run by increasing your monthly mortgage paymentStep by Step Solution
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