Entries by Hannah Wangui

annual interest rate

Question Find the monthly payments on a 3-year lease for a $28479 car if the car’s residual value is $18158 and the lease has an annual interest rate of 4.2%.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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interest rate

Question they buy a house for $240,000 and make a 20% down payment, they are approved for a 30-year mortgage with an interest rate of 4.25%. their monthly payment is 944.52 Construct the first row of the amortization table for their mortgage. How much of their first payment goes toward interest? How much of their first payment […]

 

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yield of a bond

Question If the current yield of a bond goes down from 6.4% to 5%, by what percent does the market price increase?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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interest rate

Question Mark borrowed $18786 to help pay for expenses. If the loan carries an annual interest rate of 4.9% and he wants to be debt free in 3 years by making monthly payments, how much will each payment be?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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