Mr Azman deposited $200 per month in a trust fund paying interest of j12 = 4%....

  

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Mr Azman deposited $200 per month in a trust fund paying interest of j12 = 4%. He made the first deposit n January 1, 2005 and the last deposit on January 1, 2015. Calculate the amount of money in his account. a. On January 1, 2015, if the first deposit started on February 1, 2005 (3 marks) b. On January 1, 2015, if the first deposit started on January 1, 2005 (4 marks) C. On January 1, 2015, if the first deposit started on January 1, 2008 (4 marks) Allianze Berhad buys a new bungalow worth $520,000. The company makes a down payment of 10% and finances the rest through a mortgage loan at 5% compounded quarterly. Calculate the company's monthly mortgage payment based on. a. 35 years repayment period (3 marks) b. 20 years repayment period (2 marks) C. If the company can only pay $4,500 monthly on the mortgage's loan, how many full payments will be required to settle the loan. Mr Azman deposited $200 per month in a trust fund paying interest of j12 = 4%. He made the first deposit n January 1, 2005 and the last deposit on January 1, 2015. Calculate the amount of money in his account. a. On January 1, 2015, if the first deposit started on February 1, 2005 (3 marks) b. On January 1, 2015, if the first deposit started on January 1, 2005 (4 marks) C. On January 1, 2015, if the first deposit started on January 1, 2008 (4 marks) Allianze Berhad buys a new bungalow worth $520,000. The company makes a down payment of 10% and finances the rest through a mortgage loan at 5% compounded quarterly. Calculate the company's monthly mortgage payment based on. a. 35 years repayment period (3 marks) b. 20 years repayment period (2 marks) C. If the company can only pay $4,500 monthly on the mortgage's loan, how many full payments will be required to settle the loan.

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Question 1 A simple interest Prt 200 x 4 x 12x10 96000 B simple ... View the full answer