Question: Please answer these questions using the ti calculator i ' ' | ' i ' ' i Alberto takes out a personal loan for $23

Please answer these questions using the ti calculator

Please answer these questions using the ti
i ' ' | ' i ' ' i Alberto takes out a personal loan for $23 000 at 7% p.a. over 5 years. Calculate: I his monthly repayments b the total of the repayments : the total interest charged. Alexandra takes out a loan of 62000 to pay for an emergency vet bill. She will repay the loan _ over 6 months at 8.12% p.a. interest compounded fortnightly. Calculate: : I Alexandra's fortnightly repayments b the outstanding balance on the loan after 6 fortnights. Simone borrows $410 000 to purchase a house. She agrees to repay the loan over 25 years at 6.95% pa. interest compounded monthly. I Find Simone's minimum monthly repayments. It Show that the total interest Simone will pay is greater than the amount she originally borrowed. Yasmin retires at age 60 with $500 000 in her savings fund. She rolls the money into an annuity i fund earning 5.25% p.a. interest compounded monthly. I How long will Yasmin's money last if she withdraws $6000 per month? I) If Yasmin wants her money to last for 25 years, how much can she afford to withdraw per I month? After retiring at age 65, Vasili rolls 61 400 000 of savings into an annuity account earning i 5.4% p.a. interest compounded monthly. He wants his money to last for 30 more years. I How much can Vasili withdraw per month? I: How long will it take for the balance of the fund to fall below 621000000? c How much of Vasili's annuity will be lc after 20 years? When Scott retires at 68. he will deposit his savings in an annuity fund which pays 5.4% p.a. = interest compounded monthly. He wants to be able to withdraw $6000 per month from the fund . until he is 85. ' I Calculate the amount Scott will need to have in savings when he retires. b How much money will be left in Scott's account when he is 80

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