LoanBasicsInputsPresent value325,000Interest rate/yearNumber of years4.00%30Present Value using a Time LineYear1015202530Beginning Principal BalancePaymentInterest componentPrincipal component 1. To purchase a house, you take out a 30 year mortgage. The present value (loan amount) of the mortgage is $325,000.The mortgage charges an interest rate/year of 4.00%. What is the annual payment required by this mortgage? Howmuch of each year's payment goes to paying interest and how much goes to reducing the principal balance? Useworksheet "Loan".

Answered: Loan Basics nputs Present value nterest…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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annuity payment years interest rate2400 7 5%1400 9 40/612580 17 6%32150 23 8% calcularte the cash flow
Q1: If a loan of 12.5 million is made for a period of 33 days at a rate of 8,25% per annum, what is the total amount repayable at the end of the period? Assume 365/365 days in the year. 12,593,236.30 12,583,236.30 10,573,287.67 10,853,25.52 which one is correct please help.
Subject: accounting
Use this table to find the monthly mortgage payments, when necessary. Tanyarita has a mortgage of $52,500 at 7% for 20 years. The property taxes are $2,600 semiannually, and the hazard insurance 2 premium is $130 quarterly. Find the monthly taxes and insurance payment. $227.50 $476.67 $661.94 $899.82
Calculate the monthly payment by table lookup and formula. (Answers will not be exact due to rounding of percents in table lookup.). (Use 13% for table lookup.). (Use the loan amortization table) Note: Round your answers to the nearest cent. Purchase price of a used car $5,633 By table By formula Down payment $1,203 Monthly Payment Number of monthly payments 48 Amount financed $4,430 Total of monthly payments $5,689.76 Total finance charge $1,259.76 APR 13%
Individual Assessment 1.b: Simple Annuity Due Directions: Calculate the future value of #1 & 2 and present value of #3, 4 & 5. Length of Annuity 5 years Principal Interest Mode of Payment Monthly Future Rate Value 1. P1,500 3.2% 2. P3,000 8.2% Bi-Monthly 3 years Length of Annuity 5 years Principal Interest Mode of Present Rate Payment Quarterly Value 3. P4,500 5.0% 4. Semi-annually 4 years P10,000 7.5% 5. P8,500 5.5% Annually 7 years
Ef 253.
4 Loan Amortization Table Prepare a Loan Amortization Table with a 30-year loan term, 3.5% interest rate, loan fee of 1.75%, $12,000,000 loan amount. Calculate the monthly loan payment, loan proceeds and the loan balance at the end of year 10.
After graduation, you plan to work for Asia Corporation for 12 years and then start your own business. You expect to save and deposit Php7,500 a year for the first 6 years (n = 1 through n = 6) and Php15,000 annually for the following 6 years (n = 7 through n = 12). The first deposit will be made a year from today. In addition, your grandfather just gave you a Php25,000 graduation gift which you will deposit immediately (n = 0). If the account earns 8% compounded annually, how much will you have when you start your business 12 years from now? A.Php228,145 B. Php250,712 C. Php260,302 D. Php263,907 E. Php277,797
Select all that are true with respect to historical data on risk and return in the U.S. financial markets since about 1926, Group of answer choices A portfolio of small stocks has earned higher returns than large stocks, with less risk A portfolio of small stocks has earned higher returns that large stocks, with higher risk Stocks have outperformed government bonds, albeit with higher risk With respect to a diversified stock portfolio, the longer the holding period, the higher the risk. With respect to a diversified stock portfolio, the longer the holding period, the lower the risk.
fx D. Amount of loan: %24 50,000 Annual payment: %24 10,000 Interest rate: 8% 6. How many years will it take to pay off the loan?

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Loan Basics nputs Present value nterest rate/year Number of years 325,000 4.00% 30 Present Value using a Time Line Year 10 15 25 30 Beginning Principal Balance Payment nterest component Principal component 20