Question: Please I need help and please answer all questions 1 Sami takes out a loan of E150 000 to buy 2 Mr and Mrs Jones

Please I need help and please answer all questions

Please I need help and please answer all questions 1 Sami takes

1 Sami takes out a loan of E150 000 to buy 2 Mr and Mrs Jones take out a mortgage a boat. The loan is for 20 years at 5% per of UKE350 000 for a house. The mortgage is annum. for 30 years at 2.3% per annum. Find their monthly repayments and discuss whether a Find how much he must pay each this is a reasonable amount. month. 3 Zak takes out a loan of (2000 at 4%. b Another loan was for 10 years at 5% He repays the loan in five end-of-year per annum. Determine how much Sami would pay each month. instalments. Find his yearly payment. c For each of these calculations find out 4 A car costs US$28 000. Benji takes out a loan at 10% per annum for five years. the difference in the monthly payments and the amount of interest paid. Calculate the amount that Benji must pay each month and comment on your

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