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Section Value: 13 Instructions Please determine the amortization for the following two payment frequencies using the mortgage amount: $479188.14. Submit Answers (HINT: Solve for N and adjust your mortgage payment from section 4.MAKE SURE YOUR PMT IS NEGATIVE.) Monthly PMT from Section 2841.05 Present Value of Loan (- Value At End of Loan (FV) Mortgage Rate As % (I/Y 3.75 479188.14 1013255.67 Question 1: Payment Frequency 1 Weekly Formulas for coverting payment frequencies are in Chapter 7 of your Question 2: Payment Frequency 2 Accel. Bi-Weekly PNY C/Y PY C/Y Number of Periods (N) Number of Periods (N) Payment (PMT) Payment (PMT) Amortization in Years (2 Decimal Amortization in Years (2 Decimal 99 ASUS VivoBook Section 7 - Property Tax x Instructions The City of Edmonton has assessed your property at a value of $504807.52 and the Mill Rate is 8.6869. What are the Annual and Monthly property tax amounts? Annual Property Tax Amount Monthly Property Tax Amount Instructions You will be getting possession of the home on July 1st. What will the property tax adjustment be? Who will have to pay? Adjustment Amount Who Pays Adjustment? Section Value: 6 Submit Answers Section Value: 13 Instructions Please determine the amortization for the following two payment frequencies using the mortgage amount: $479188.14. Submit Answers (HINT: Solve for N and adjust your mortgage payment from section 4.MAKE SURE YOUR PMT IS NEGATIVE.) Monthly PMT from Section 2841.05 Present Value of Loan (- Value At End of Loan (FV) Mortgage Rate As % (I/Y 3.75 479188.14 1013255.67 Question 1: Payment Frequency 1 Weekly Formulas for coverting payment frequencies are in Chapter 7 of your Question 2: Payment Frequency 2 Accel. Bi-Weekly PNY C/Y PY C/Y Number of Periods (N) Number of Periods (N) Payment (PMT) Payment (PMT) Amortization in Years (2 Decimal Amortization in Years (2 Decimal 99 ASUS VivoBook Section 7 - Property Tax x Instructions The City of Edmonton has assessed your property at a value of $504807.52 and the Mill Rate is 8.6869. What are the Annual and Monthly property tax amounts? Annual Property Tax Amount Monthly Property Tax Amount Instructions You will be getting possession of the home on July 1st. What will the property tax adjustment be? Who will have to pay? Adjustment Amount Who Pays Adjustment? Section Value: 6 Submit Answers