Question: Answer both please QUESTION 12 1 points Antw Michigan). Frog has just taken out a 5240.000 loan with monthly payments at 7.5 percent interest. If

Answer both please

QUESTION 12 1 points Antw Michigan). Frog has just taken out a 5240.000 loan with monthly payments at 7.5 percent interest. If his monthly payments are $6,500, how long will it take him to fully repay this loan? 36.9 months 33.3 months O 421 months Michigan J. Frog will never repay the loan QUESTION 13 1 points Save Ayer Daffy owns an investment that will pay $400 per year forever into the future. If his discount rate is 9.0 percent how much is this investment worth to him today? $3.600.00 @ $444444 @ $4 000.00 There is not enough information to answer this question Chick Save and submit to sare and submit. Click Save All Amets roller Seve Save and Submit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

answer both please QUESTION 6 1 points www Consider a $225.000, 30-year mortgage at 3.75 percent interest with monthly payments. If the first payment on this loan is on April 1 of this year, how much...

Please give me the correct answer for each multiple choice questions only one answer for each question Question 1 (1 point) If you invest $200,000 currently in a project that pays a 7.5% interest...

please show how to get the correct answer Reus Deplayed Submitted Answers Correct Answers incorrectly Answered Questions O out of points Question 1 Loan terms: $240,000, monthly payments, 8 percent...

Need to complete 10 homework but now i need 5 homework then after some time 5 homework more. Here it is attachment. Chapter 5 HW Questions [ALL OF THESE MUST BE DONE IN EXCEL] 1. Future value: Chuck...

QUESTION 5 3 points Saved What is the EAR on a credit card loan with a 18.99% APR and with monthly payments? (State your answer rounded to 2 decimalsand interest rates are quoted always as example...

PLEASE ANSWER 6-10 and QUESTION 12 . READ ALL PHOTOS POSTED AND TYPE ANSWER TO THE QUESTION PLEASE . NEED HELP ASAP PERSONAL INFORMATION Antonne and LaKeisha met when they were both students at Clark...

COMPREHENSIVE INDIVIDUAL TAX RETURN PROBLEM PAUL C. TURNER ? 2016 Questions: 1.What is the net Form W-2 wages? 2.What is miscellaneous income? 3.What is Schedule B income (Interest and dividends)?...

Y utorials utoring utors ing urse Tech PF.9 Loans - Homework Score 0/54 0/18 answered Question 1 Y + Finance Matching Match each topic with the correct description. a. ONE deposit b. MANY deposits c....

i am taking Cooperate finance which is FIN222 can help me to answer.. ? Tutorial 1 Topic 1 Chapter 1 4. What are the main advantages and disadvantages of organising a firm as a corporation? 6. You...

please answer part B and C. A borrower can obtain an 85 percent loan with an 7 percent interest rate and monthly payments. The loan is to be fully amortized over 25 years. Altematively, he could...

Mr. Joshi's trial balance as on 31st March, 2020 did not agree. The difference was put to a Suspense Account. During the next trading period, the following errors were discovered: (i) U (b) The total...

Several of the questions ask you about Apple (AAPL). On 2008-01-31, Apple (AAPL) traded for 135.36 USD. On 2008-02-29, Apple traded for 125.02 USD. No dividends were paid during this time period....

Problem 7 - 4 Financial Break - even Ayden's Toys, Incorporated, just purchased a $ 5 1 0 , 0 0 0 machine to produce toy cars. The machine will be fully depreciated by the straight - line method over...

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...