Question: 7. Determine how much you would pay in total interest and principal, at the end of your 30-yea mortgage at 3.99% compounded monthly, if th

 7. Determine how much you would pay in total interest and

7. Determine how much you would pay in total interest and principal, at the end of your 30-yea mortgage at 3.99% compounded monthly, if th monthly payment is $ 675.00. 8. How much would you have to pay monthly f the car you want to buy if the cost of the car is 30,000 and they finance it at 5.75% compound interest for six years without having to pay soon? 9. How much money will you have paid at the end of ten years if you pay $ 10,000 for an equipment lease at the beginning of each year and the annual compound interest rate is 4.75%? 10. From the previous exercise, calculate how much you will pay at the end of the ten years, i you pay $ 10,000 annually at the end of each year instead of at the beginning of the year. Which option is best for you

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