Compute the payment for a $20,000 loan at 8% payable monthly dated today with payments beginning one month from today. If you wanted to borrow the maximum amount you could in a 48 month note at 7%, but could only pay $230 per month, how much could you borrow? What is the future value of $250 placed in a savings account with interest compounded quarterly for 6 years? How much would you need to save monthly beginning with a payment made in one month for 48 months if you needed $9,000.00 at the end of 48 months? what is the required payment to repay a $150,000 loan at 4.15% payable in 360 monthly payments with the first payment due in one month? if you wanted to buy a Tesla for $70,000, how much would you need to save for the 10% down payment if you saved it monthly beginning one month from today and your savings earned 2% compounded daily? 1, 2. 3. 4. 5, 6