This amortization table shows the first 6 payments on a 15-year mortgage. Payment Monthly Interest PrincipalOutstanding paid number payment paid balance $75 000.00 $594.92$315.42 $279.50 $74 720.50 $594.92$314.24 $280.68 $74 439.82 $594.92$313.06 $281.86 $74 157.96 $594.92$311.87 $283.05 $73 874.91 $594.92$310.68 $284.24 $73 590.68 $594.92$309.49 $285.43 $73 305.25 1 2 4 What percent of the mortgage has been paid after 6 payments? a) 2% b) 3% O c) 98% O d) 5%

This amortization table shows the first 6 payments on a 15-year mortgage. Payment Monthly Interest PrincipalOutstanding paid number payment paid balance $75 000.00 $594.92$315.42 $279.50 $74 720.50 $594.92$314.24 $280.68 $74 439.82 $594.92$313.06 $281.86 $74 157.96 $594.92$311.87 $283.05 $73 874.91 $594.92$310.68 $284.24 $73 590.68 $594.92$309.49 $285.43 $73 305.25 1 2 4 What percent of the mortgage has been paid after 6 payments? a) 2% b) 3% O c) 98% O d) 5%

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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6 % interest rate for 15 years is 8.43857
Pls help on this question. Pls show all steps and complete all parts pls I beg pls pls pls pls pls pls i beg.
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Before purchasing a used car, Cody Lind checked www.kbb.com to learn what he should offer for the used car he wanted to buy. Then he conducted a carfax.com search on the car he found to see if the car had ever been in an accident. The Carfax was clean so he purchased the used car for $14,150. He put $1,500 down and financed the rest with a 48-month, 8.5% loan. What is his monthly car payment by table lookup? (Use Table 14.2) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Monthly payment
Using this table as needed, calculate the required information for the mortgage. Number Table Monthly Payment (in $) Term Total Amount Interest of $1,000s Financed of Loan Factor Interest Financed Rate (years) (in $) (in $) $74,500 8.00% 30 %24
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James has a mortgage of $84,500 at 8% for 30 years. The property taxes are $3,700 per year, and the hazard insurance premium is $754.50 per year. Find the monthly PITI payment (in $). (Round your answer to the nearest cent. Use this table as needed.) $ LA Need Help? Read It Watch It Master It
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Subject: Finance
1) Suppose that you are given the following information Total population Working age population, non-institutionalised, non- military Unemployed If the labour force participation rate is 45%, how many are in the labour force? O A. O B. O C. O D. 38.5 18 33 22 OE. 40 60 million 40 million 1.5 million
Q2. Complete the amortization schedule for the last three payments on a $500,000, 15-year, monthly-pay, 4.2% APR home mortgage. End of Beginning Monthly Month Balance Payment Principal Interest Ending Balance 178 $11,167.99 $3,748.75 $39.09 $3,709.66 $7,458.32 179 $7,458.32 $3,748.75 $26.10 $3,722.65 $3,735.68 180 $3,735.68 $3,748.75 $13.07 $3,735.68 $0.00

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