#5 please.

#5

please show how all answers/equations were derived.

Insert Design Layout References Mailings Review View Help Tell me Calibri (Body) Home 10 Styles Editing IT | ard Font Paragraph Styles G 3. (Short answer, 20 pts) An engineer wishes to purchase an $80,000 home by making a down payment of $20,000 and borrowing the remaining $60,000, which he will repay gn a monthly.besis over the next 30 years. If the bank charges interest at the rate of 95 % per year, compounded monthly, how much money must the engineer repay each month? Also, what is the nominal interest rate? What is the effective interest rate? 4. (Short answer, 15 pts) Consider the cash flows shown in Table 1 Determine the NPW for Project A and the NFW for Project 8, using a M ARRIS 10% Table 1: Cash nows for problem # 2. Project A (S 250 825 600 Project B (S 500 240 300 120 200 5 /Short answer, 25 pts) Consider the table again in problem 4. Determine i for fer project A (your interest range should be from 0 to 200%) Plot a graph! 6 (Short answer, 20 pts) Consider the table agan in problem 4. it a firm's MARR is known to be 15% determine the true IRR for project A (use the same interest range in problem 5) 29 of 338 words ige 1 of 1 +90% 933 PM