Question: Suppose Capital One is advertising a 60-month, 5.99% APR motorcycle loan. If you need to borrow $8,000 to purchase your dreamHarley-Davidson, what will be your

Suppose Capital One is advertising a 60-month, 5.99% APR motorcycle loan. If you need to borrow $8,000 to purchase your dreamHarley-Davidson, what will be your monthlypayment?(Note: Be careful not to round any intermediate steps less than six decimalplaces.)

You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $2356, and you have made every payment on time. The original term of the mortgage was 30years, and the mortgage is exactly 4 years and 8 months old. You have just made your monthly payment. The mortgage interest rate is 6.200% (APR withsemi-annual compounding). How much do you owe on the mortgagetoday?

(Note: Be careful not to round any intermediate steps less than six decimalplaces.)

he monthly discount rate is ? 5 decimal places

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