Question: How did they get this answer? webcourses.ucf.edu What Is The Future Value Of $22,000 iz 5 Time Value of Money : GEB3006-17Fall OR01 0/1 pts

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webcourses.ucf.edu What Is The Future Value Of $22,000 iz 5 Time Value of Money : GEB3006-17Fall OR01 0/1 pts Question 7 Assume the following information for a car note: 5.25% Term of Original loan amounts $29,000 Annual interest rate loan = 60 months How much principal and interest was paid in year four, and what is the principal balance on the loan after four years? $6,121.86 of principal; $485.26 of interest: balance due $5,900.51 $6,068.71 of principal: $509.69 of interest; balance due $6,394.77 $6,068.71 of principal; $538.48 of interest; balance due $6,943.22 - $6095.14 of principal; $511.94 of interest; balance due S6,423.19 $6.034.29 of principal; $544.05 of interest; balance due $7.068.07 Correct Answer Question 8 0/1 pts What is the Net Present Value (NPV) and internal rate of return (IRR) of spending $275,000 today on medical school when you earn

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