Question: Name: Unit 2 Test: Personal Finance Application Task 19 This is an evaluation that must be completed on your own with no help from tutors,

Name: Unit 2 Test: Personal Finance Application Task 19 This is an evaluation that must be completed on your own with no help from tutors, friends or the internet. To earn full marks, All questions must be answered by showing all steps. FULL marks will only be given for FULL solutions! No marks are given if your solutions include things we did not learn in a class. 1. Jeremiah has 3 years to repay a $55000 personal loan at 6.55% per year, compounded monthly. [ 5 ] a. Calculate the monthly payment and show all variables used for TVM Solver. b. Calculate the total amount Jeremiah ends up paying c. Calculate the amount of interest Jeremiah will pay over the life of the loan

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