Help plz hand written 9. Money is mvested at 10.5% nommal annual rate. Interested is compounded monthly. How much will$1500 deposited today be worth in 15 years?10. Same as question 9 except interest is compounded twice per month.11. Youborrowed $15,000 and agreed to pay $1200 per year. Interest is 6.5% per year. You do notmakepayments in years 3 and 4. You begin making payments agam in year 5, with the payment amount nowbeing $1800 per year. What will be the amount of the last payment on this loan?12. $300 is deposited uniformly and continuously each year for 10 years. Interest is 9.5%nominal peryear, compounded continuously. How much will be in the account at the end of the 10 years?

"Since you have asked multiple questions, we will solve the first question for you. If you want any…

9. Money is mvested at 10.5% nommal annual rate. Interested is compounded monthly. How much will $1500 deposited today be worth in 15 years? 10. Same as question 9 except interest is compounded twice per month. 11. Youborrowed $15,000 and agreed to pay $1200 per year. Interest is 6.5% per year. You do notmake payments in years 3 and 4. You begin makimg payments agaim in year 5, with the payment amount now being $1800 per year. What will be the amount of the last payment on this loan? 12. Š300 is deposited uniformly and continuously each year for 10 years. Interest is 9.5% nominal per vear comnounded continuousy How much will be im the account at the end of the 10 vears?

9. Money is mvested at 10.5% nommal annual rate. Interested is compounded monthly. How much will $1500 deposited today be worth in 15 years? 10. Same as question 9 except interest is compounded twice per month. 11. Youborrowed $15,000 and agreed to pay $1200 per year. Interest is 6.5% per year. You do notmake payments in years 3 and 4. You begin makimg payments agaim in year 5, with the payment amount now being $1800 per year. What will be the amount of the last payment on this loan? 12. Š300 is deposited uniformly and continuously each year for 10 years. Interest is 9.5% nominal per vear comnounded continuousy How much will be im the account at the end of the 10 vears?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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