Question: Please answer all 2. (0/2 Points) DETAILS PREVIOUS ANSWERS TANAPMATH7 4.3.018, MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose payments will be made for 4

2. (0/2 Points) DETAILS PREVIOUS ANSWERS TANAPMATH7 4.3.018, MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose payments will be made for 4 years at the end of each month from an ordinary anuny earning interest at the rate of 1.75 year compounded monthly, I tho present we of the naty 18,000, what should be the site of each payment from the annuity (Round your answer to the recent Need Help? Read Submit Awwar 3. T-72 Points) DETAILS TANAPMATH7 4.3.020. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER What monthly payment is required to amortize a loan or $30,000 over 15 years interest at the rate of swear is charged on the road bance and interest Calculations are made at the end of each month (Round your answer to the nearest cent.) $ Need Help? 4. (0/2 points) DETAILS PREVIOUS ANSWERS TANAPMATH7 4.3.022 MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The Remings secured a bank loan of 4296,000 to help finance the purchase of house. The bank charges interest tante of year on the unpaid balance, and interest Cottons are made the end of each month The Remings have agreed to repay the loan in equal monty instiments over 25 years. What should be the size of each repayment if the loan is to be more the end of the term(Round your answer to the nearest cent.) Need Help? Bom www 5. [-/2 Points) DETAILS TANAPMATH7 4.3.026. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Jessica wants to accumulate $11.000 by the end of 4 years in a special bank account, which she had opened for this purpose. To achieve this goal Jessica plans to deposit a fixed sum of money into the account at the end of the month over the 4-year period. It the bank pays interest at the rate of per year compounded monthly, how much does she have to deposit each month into her account? (Round your answer to the nearest cont.) 5 Need Help
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