urgent i just have 2hours

Project Description:

show all your works.

1. if you want to take out a 30 year, $250,000.00 mortgage at 5.5% with 2 points
a. calculate your monthly principal and interest payment?
b. what is the apr(actual/true/effective rate of interest) on the loan?

2. if you are 35, want to retire in 30 years and be able to withdraw $50,000.00 for each year in retirement, and expect to live to age 85, how much do you need to invest at 9.5% each year(to the nearest dollar)
Skills Required:
Project Stats:

Price Type: Negotiable

Total Proposals: 3
1 Current viewersl
29 Total views
Project posted by:


Proposals Reputation Price offered