Chrome File Edit View History Bookmarks Profiles Tab Window Help G 74%% Q 8 Tue Oct 4 3:40:06 PM MMW Test 2 - MATH 104, sect C webassign.net/web/Student/Assignment-Responses/last?dep=29534999 4. [-/1 Points] DETAILS SMITHNM13 11.6.016. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate the amortization formula m = - 1 - ( 1 + = ) for the values of the variables P, r, and t (respectively). Assume n = 12. (Round your answer to the nearest cent.) $150,000; 8%; 15 yr 5. [-/1 Points] DETAILS SMITHNM13 11.6.028. MY NOTES ASK YOUR TEACHER 4 Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit Frequency Rate Time m n t $400 quarterly 11% 30 yr 4 6. [-/1 Points] DETAILS SMITHNM13 11.6.042. MY NOTES ASK YOUR TEACHER Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $268,000 condominium bought with a 30% down payment and the balance financed for 30 years at 3.05%