You want to buy a house worth exist300,000. The rest will be financed at 4% annually. Your payments will be made at the end of every month for 30 years. What is your monthly payment? A. exist1427.49 B. exist1432.25 C. exist1450.23 D. exist1409.68 If we have exist150 today and can invest at 5% per year, how many months (monthly compounding! do we need to invest in order to have exist250 in the bank at the end? A. 124.3 B. 125.6 C. 122.9 D. None of the above John Box Inc. has an annual interest expense of exist30,000 and pays income tax equal to 40 percent of taxable income (EBT). John Box's times - interest - earned (TIE) ratio is 42. What is John Box's net income? A) exist96,000 B) exist57,000 C) exist126,000 D) exist57, 600 At 6 percent compounded monthly, how long will it take to triple your money? A) 221 months B) 175 months C) 102 months D) 48 months You graduate from UNT and find a good paying job. You decide that you want to buy a house. There is a house you like which is selling for exist150,000 now. Suppose you make 20% down payment and you qualify for a 3% APR, 30-year mortgage paid at the end of each month. How much would be your monthly payment that begins at the end of current month (rounded to the nearest dollar)? A) exist3, 600 B) exist506 C) exist540 D) exist632