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- Every year you deposit $2,000 into an account that earns 2% interest per year. What will be the balance of your account immediately after the 30th deposit? Select one: a. $210,000 O b. $180,000 c. $145,000 d. $154,000 e. $139,580If you borrow $4,300 to buy a car at 9% per year compounded monthly, to be repaid over the next six years, what is your monthly payment? Lüffen birini seçin: a. $77 O b. $81 O c. $60 O d. $8 O e. $1,112Question 19 Find the total amount in your account if you start with $850 at 11% interest for 2.5 years. O a. $1103.4 O b. $432 O c. $1210 O d. $5667
- The first-year maintenance cost for a new automobile is estimated to be $100, and it increases at a uniform rate of 10% per year. Using an 8% interest rate, calculate the present worth of cost of the first 5 years of maintenance. Select one: O a. $620.56 O b. $380.24 Oc $480.42 O d. $550.24 Next page 1 GRO3-07.06.2021 Time:14.30 Jump to.. abiu Rabiu (Log out) CON 204 ary 14:31 to A Q 4x 0 ENG AK 24/06/2021 primeA loan of $245,000 is to be repaid in equal quarterly payments over a period of 6 years. If the interest rate is 12.5% compounded quarterly, what is the amount of unpaid principal at the beginning of the second year? O a. $182,425 O b. $181,650 c. $293,242 d. $215,635 O e. $215,188Find the present value of a future value of $420 at 5.5% annual simple interest for 2 years? O a. $398.10 O b. $377.35 O c. $375.73 d. $378.38 Previous page Next page 耳 P Type here to search
- 2.d What is the annual interest rate on a $1,000 loan which allinterest is paid at the end of the year, and a total of $1,125 mustbe repaid at the end of the year? include a cash flowCalculate the maturity value of a 300-day, $6,000 simple interest term deposit earning 5.15%. O a. $7,021.99 O b. $6,309.00 O c. $6,111.78 O d. $6,253.97 e. $5,756.34An interest pays 1% interest rate, calculate the nominal rate of interest compounded weekly? O 52% O 32% 42% 62%
- A loan of $245,000 is to be repaid in equal quarterly payments over a period of 5 years. If the interest rate is 14.5% compounded quarterly, what is the amount of unpaid principal at the beginning of the second year? O n. $309,156 O b. $104.203 O c. $218,858 O d. $217.228 O B. SI85,206 The annuul revernue, expenses, and deprecietion for a compeny ure S130,000; 32,000; and S15,000, respectively. What is the after-tux cushflow if the sffective income tax rate is 31S? O a. $52,820 O h. $25,730 Or $72.270 O d. $67.820 O e. S57,270 What is the value of (F/A, I, N) it (PlA, N) = 4.4354? O n. 2.2177 O b.4.4354 Oc 3.9919 O d. 18.3632 O e. 1.0000If you borrowed $12,000 payable in 6 equal annual installments, what would be the principal payment due at the end of year 1. Use i = 13% compounded annually Select one: O a. $1,440 O b. $2,000 O c. $1,370 O d. $1,560A loan of $15,000 is to be repaid in 4 equal payments (over 4 years) and the interest rate is 7% per year. Determine the principal repayment amount at end of year 1? a. $4,428.42 O b. $3,378.42 O c. $3,232.06 O d. $3,555.27 O e.$3,910.79