Question: Hello Team, Please help solve these problems. Thanks Tom is paying $950 every month on his house loan. If the loan lasts 31 years and


Tom is paying $950 every month on his house loan. If the loan lasts 31 years and has a 3.75% interest rate, how much was the original loan amount? $303.45$208,765.68$666,406.51$353,400.00 Question 3 PMT =$5,000 per year for 10 years. At a rate of 7.00% per year, how much is the PV of the payments? $24,342.09$35.117.91$50,000.00$9,082.24 Javier can afford a mortgage payment of $1,250 per month. If he gets a 30 year mortgage at 3.50%, how much can he borrow? $278,368.73$438.09$450,000.00$794,265.93 Question 5 Heather is receiving $175 every month for some money she loaned out. If the loan lasts 3 years and has a 7.5% interest rate, how much was the original loan amount? $5,625,88 $140.87$7.040.49 $14.088.17 Jimmy has a business that generates $100,000 per year in income. Tom wants to buy the business from Jimmy. Assuming a 5 year valuation period, and a discount rate of 7.5% per year, how much is Jimmy's business worth today? \begin{tabular}{|} $612,892.08 \\ $580,839.10 \\ $69,655.86 \\ 404,588.49 \end{tabular}
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