Question
You have accumulated $1196.84 in credit card debt. Your interest rate is 12.75% per year and you will pay it off in 55 months. what
You have accumulated $1196.84 in credit card debt. Your interest rate is 12.75% per year and you will pay it off in 55 months. what will be your monthly payment?
You want to purchase a car that costs $33529. You can afford $3332 as a down payment and will borrow the rest. The bank has offered you a rate of 4.11% on a 4-year loan. What is your monthly payment?
You will invest $72 per month. If the rate is 9.99%, how much will you have in 12 years?
You will invest $200 per year. If the rate is 9.61%, how much will you have in 16 years?
You would like to have $39998 in 8 years.. If the rate is 9.74%, how much do you have to invest each year?
You would like to have $41674 in 17 years. If the rate is 8.41%, how much do you have to invest each month?
Your grandfather has an annuity that is worth $84602 today. It will give him monthly payments for 23 years. If the rate is 4.00%, what will be his monthly payment?
Your mother has an annuity that will give her monthly payments for 19 years. She tell you it is worth $80310 today. If her required return is 9.68%, what is the monthly payment?
PLEASE ANSWER THEM ALL CORRECTLY. I NEED HELP. THANK YOU
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