Question: Please, check my answer if it is correct or not. If it's not correct - give me answers, please 2 What monthly payment is required

Please, check my answer if it is correct or not. If it's not correct - give me answers, please

2 What monthly payment is required to pay off a $59,000 loan in eight years if the interest rate on the loan is 8.4% compounded: (Do not round intermediate calculations and round your final answers to 2 decimal places.) Required payment a . Annually 836.85 01:09:57 b. Semiannually 841.78 c. Quarterly 844.35 d. Monthly 846.11

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

please check the answer give me the correct one FNB 100 Assessment A. modern B. optimal C. total portfolios D) efficient portfolios portfolios II. This is the portion of total risk that is...

Please only answer requirement I and J Please show working! Answer is complete and correct. Complete this question by entering your answers in the tabs below. Required Required Required Required...

2/12/2017 Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) WebAssign Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) (Homework) Current Score : 2 / 40 Shadi Hanna MAT230, section MAT230.30 MOD3 2017,...

Hi, please check through each question one by one and answer accordingly, and do not give automated answers that dont answer the questions full and correct but gives half answers please. Additional...

Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) WebAssign Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) (Homework) Current Score : 19 / 40 10/20/16, 3:31 PM Matthew Kuriluk MAT230, section...

6/11/2016 Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) WebAssign Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) (Homework) Current Score : 16 / 40 Kendra Knuckles MAT230, section MAT230.32 MOD5...

6/12/2016 Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) WebAssign Unit 1 Homework Assignment (2.1, 2.2, 2.3, 2.4) (Homework) Current Score : 20 / 40 Kendra Knuckles MAT230, section MAT230.32 MOD5...

2 Partially correct Mark 341 out of 5.00 Recording Payroll and Payroll Taxes Flag question The following data are taken from Fremont Wholesale Company's May payroll: Administrative salaries Sales...

hello can someone help me with this assignment please? Required information You are buying a new home for $416 000. You have an agreement with the savings and loan company to borrow the needed money...

I updated B1 and C1, All other information is complete please help me answer my question please Saved On January 1, 2019. Carey Inc. entered into a noncancelable lease agreement, agreeing to pay...

Are each of the following pairs of variables likely to have a positive correlation or a negative correlation? a. Daily temperatures at noon in New York City and in Boston measured for a year. b....

An apartment building with an adjusted basis of $500,000 was destroyed by a tornado on April 30, 2019. On May 10, 2019, the insurance company paid the owner $695,000. The owner reinvested $570,000 in...

7. A is a legal person. (LO1) a) proprietorship c) corporation b) partnership d) business fi rm

Since different generations of people come together in almost every workplace, conflicts between workers from different generations are certain to arise. Which of the following is not an effective...

1. To gain insight into why we believe more in one type of information than another.

2. In this chapter, the reader should reflect on the following concepts: emo-tional information, concrete information, local information, the reference object, consensus information, conflict...

11. Give two examples of each of the following heuristic assessment mechanisms. a) We use the information that is currently accessible. b) We assume an initial anchor point (value). c) We compare to...