Question: help me answer these please. _ w----._.. . . Ll Kelly bought a car for $42,43l] by making a downpayment of $3,4D and biweekly [every

help me answer these please.

help me answer these please. _ w----._.. . . Ll Kelly boughta car for $42,43l] by making a downpayment of $3,4D and biweekly[every two weeks} payments at the end of every two weeks for7' years. Interest is 3.64% compounded semiannually. 1. What are the biweekly[every two weeks] payments. rounded to the nearest cent? W=$:] FMT=$:] FV=$:]2. What is the cost of nancing? Cost of Financing = 55:]

_ w----._.. . . Ll Kelly bought a car for $42,43l] by making a downpayment of $3,4D and biweekly [every two weeks} payments at the end of every two weeks for 7' years. Interest is 3.64% compounded semiannually. 1. What are the biweekly [every two weeks] payments. rounded to the nearest cent? W=$:] FMT=$:] FV=$:] 2. What is the cost of nancing? Cost of Financing = 55:] [enter a positive value, rounded to the nearest cent) Submit Question Krystal took out a loan for $28,200 from REE at 153% compounded quarterly, and will be making payments at the end of every three months for the next 9.5 years to repay the loan. Answer the following questions, and round all answers to two decimal places if necessary. 1} What is the amount of each payment? Pv=$|:] PMT=$:] 914:] 2} What is the total sum of money that Krystal will eventually pay to clear the loan? Total amount paid = $:] {enter a positive value} 3} What will be the total interest amount paid? Interest paid = D [enter a positive value) Alicia makes regular (end of term) deposits into her RRSP (Registered Retirement Savings Plan) that will be converted into an RRIF (Registered Retirement Income Fund) 20 years from now. During retirement Alicia would like to receive $3,000 at the end of each month for 16 years. If interest is 3.98% compounded monthly (for both the RRSP and RRIF). Answer the following questions, and round all answers to two decimal places where necessary. 1) How much money should Alicia have in her RRIF to receive payments of $3,000 at the end of each month? P/Y = CNY = N = I/Y = % PV = $ PMT = $ FV = $ 2) What payment will Alicia have to make at the end of each month into her RRSP so that there is enough money in her RRIF at the start of her retirement? P/Y = CN = N = W/Y = % PV = $ PMT = $ FV = $5|): years ago Karissa began depositing $1 .BDU at the beginnlng of each month into an account. The interest rate was 3.23% compounded monthly. Answer the following questions, and round all answers to two decimal places where necessary. Choose HGN or END 1} What is the present account balance? W=$|:] FMHC] w=$ 2} If she stops making deposits immediately. how much will be in the account in nine and a half years from now. if the interest rate remains the same (3.23% compounded monthly)? W=$l:] PMT=$:] Fu=$:] A loan from Bank of Montreal for $20G,D is repaid by making payments at the beginning of every six months for 1' years. If interest is 5.133% compounded semiannually: What is the amount of each payment? Round all answers to two decimal places if necessary. Choose HGN or END W=$l:] PMT=$:] Fv=$:] What is the cost of nancing? Round the answer to two decimal places. Cost of Financing = $Denter a positive value] Submit Question Landon makes regular (end of period) deposits into his RRSP (Registered Retirement Savings Plan) that will be converted into an RRIF (Registered Retirement Income Fund) 23 years from now. During retirement Landon would like to receive $2,100 at the end of each month for fifteen years. If interest is 4.76% compounded monthly (for both the RRSP and RRIF). Round all answers to two decimal places where necessary. 1) How much money should Landon have in his RRIF to receive payments of $2,100 at the end of each month? P/Y = CNY = N = I/Y = % PV = $ PMT = $ FV = $ 2) What payment will Landon have to make at the end of each month into his RRSP so that there is enough money in his RRIF at the start of his retirement? P/Y = CNY = N = W/Y = % PV = $ PMT = $ FV = $

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