Assuming a bank loan requires an interest payment of 85$ per year and a principal payment of $1,000 at the end of the loan 8 years life.what would be the present value if loan carried an 8.5% interest rate ? $1,546  $1,200 $1,000 $1,100

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Q: Consider a student loan of $12,500 at a fixed APR of 6% for 25 years. a. Calculate the monthly…

A: (a) Obtain the monthly payment as follows.

Q: Your company borrowed $180,000, agreeing to pay the balance in 18 equal monthly installments at 8%…

A: The formula to find is, Remaining balance =  (Original balance*(1+r)^n)-EMI*((((1+r)^n)-1)/r)

Q: find the future value of the following loan. Assume simple interest  $4000 for 8 months; money…

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A: Given :Principle = 200000APR = 4.5%Time = 25 years

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Q: Find the future value of a simple interest loan of $30,000 at 7.2% interest for 11 months

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Q: For a loan of $14,000 at 4.00% paid monthly over 60 months, how much principal is paid off half-way…

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A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: Find the payment necessary to amortize a 8% loan of $800 compounded quarterly, with 16 quarterly…

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Q: Suppose you have a $175,000 30-year mortgage with a 4.5% interest rate on the loan. b. How much will…

A: Given that, the loan amount is P=$175,000, interest rate r=4.5%, time n=30 years and due is monthly…

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A: I have explained everything with in the solution .please go through that.

Q: Consider the 20-year fixed rate home loan of $185,500 with an interest rate of 6.75% what is the…

A: given, home loan=$185500 r= 6.75% = 0.0675 t=20 years frequency is monthly m= P(r/n) / 1-(1+r/n)-nt

Q: The present value of an annuity for ten years is $10000. find the quarterly payment or periodic…

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Q: he payment necessary to amortize a 8% loan of $1000 compounded quarterly, with 19 quarterly…

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Q: Find the monthly payment on a 30-year fixed mortgage loan of $108,525 if the interest rate is 6 3/4%

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A: Solution

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Q: If you take out a $99,000 30-year mortgage at 7.1% compounded monthly: a. What is your Monthly…

A: We are interesting in finding the monthly payment for a  $99,000 mortgage at 7.1 % for 30-year . Use…

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Q: Suppose that an annuity has a present value of P = 1 million dollars. What interest rate r would…

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