Assume that you borrow 1million JPY from some bank under the system of 5% yearly compound...

 

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Assume that you borrow 1million JPY from some bank under the system of 5% yearly compound interest, and repay 80,000 JPY annually under the plan of total equally payment. We would like to know the repay exit. 1 First, we calculate the value Then, fill the following table n (1+ r 100 1.05 1- 2 1.1025 r 100 3 to get the answer, the repay exit is P C 4 =you can calculate 5 (years later). 6 7 8 Question 2 Not yet answered Marked out of 2.00 Flag question Fill the each blank with some suitable integer. Assume that you borrow 1 million JPY from some bank under the system of 5% yearly compound interest, and repay under the plan of total equally payment. Now, we calculate the common annual payment C JPY to pay off at 25 years later. Calculate Also, (1 (1) 1+ 1 + 1+ + 100 100 r N-1 r 100 r N 100 r N-1 (2) 1 N - – 1 r 100 r 100 = you can calculate Moreover, C should be integer. Therefore, it satisfies (1) ≤ C ≤ (2) P you can calculate Question 3 Not yet answered Marked out of 2.00 Flag question Question 4 Not yet answered Marked out of 2.00 Flag question Assume that you borrow 1million JPY from some bank and repay under the plan of total equally payment, 8,000 JPY monthly. (1) under the system of 6% yearly compound interest, the repayment exit is (2) under the system of 3% yearly compound interest, the repayment exit is months (later). months (later). Assume that you borrow 2 million JPY from some bank and repay under the plan of monthly total equally payment for 360 month. (1) Under the system of 6% annual compound interest, the common monthly payment is greater than (JPY, should be integer). (2) Under the system of 3% annual compound interest, the common monthly payment is greater than (JPY, should be integer). Information Flag question Question 1 Not yet answered Marked out of 1.00 Flag question Information Flag question On the monthly repayment. Assume that you borrow 25million JPY from some bank repay 120,000 JPY monthly under the plan of total equally payment. Case 1: If the annual interest rate is 3.0%, the repay exit is (1) months = Case 2: If the annual interest rate is 3.6%, the repay exit is (4) months = |(5) years and (6) month later. (1) (4) (2) (5) (3) (6) |(2) years and (3) month later. On the monthly common payment, Question 2 Not yet answered Marked out of 1.00 Flag question Assume that you borrow 25million JPY from some bank and repay under the plan of total equally payment to pay off at 30 years =360 months later. Calculate the following: Case 1: If the annual interest rate is 2.4%, the monthly common payment C satisfies (1)| ≤ C ≤ (2)| Case 2: If the annual interest rate is 3.0%, the monthly common payment C satisfies (3) ≤ C ≤ (4) Caution: Here, (1), (2), (3) and (4) should be integers. (1) (2) (3) (4) Assume that you borrow 1million JPY from some bank under the system of 5% yearly compound interest, and repay 80,000 JPY annually under the plan of total equally payment. We would like to know the repay exit. 1 First, we calculate the value Then, fill the following table n (1+ r 100 1.05 1- 2 1.1025 r 100 3 to get the answer, the repay exit is P C 4 =you can calculate 5 (years later). 6 7 8 Question 2 Not yet answered Marked out of 2.00 Flag question Fill the each blank with some suitable integer. Assume that you borrow 1 million JPY from some bank under the system of 5% yearly compound interest, and repay under the plan of total equally payment. Now, we calculate the common annual payment C JPY to pay off at 25 years later. Calculate Also, (1 (1) 1+ 1 + 1+ + 100 100 r N-1 r 100 r N 100 r N-1 (2) 1 N - – 1 r 100 r 100 = you can calculate Moreover, C should be integer. Therefore, it satisfies (1) ≤ C ≤ (2) P you can calculate Question 3 Not yet answered Marked out of 2.00 Flag question Question 4 Not yet answered Marked out of 2.00 Flag question Assume that you borrow 1million JPY from some bank and repay under the plan of total equally payment, 8,000 JPY monthly. (1) under the system of 6% yearly compound interest, the repayment exit is (2) under the system of 3% yearly compound interest, the repayment exit is months (later). months (later). Assume that you borrow 2 million JPY from some bank and repay under the plan of monthly total equally payment for 360 month. (1) Under the system of 6% annual compound interest, the common monthly payment is greater than (JPY, should be integer). (2) Under the system of 3% annual compound interest, the common monthly payment is greater than (JPY, should be integer). Information Flag question Question 1 Not yet answered Marked out of 1.00 Flag question Information Flag question On the monthly repayment. Assume that you borrow 25million JPY from some bank repay 120,000 JPY monthly under the plan of total equally payment. Case 1: If the annual interest rate is 3.0%, the repay exit is (1) months = Case 2: If the annual interest rate is 3.6%, the repay exit is (4) months = |(5) years and (6) month later. (1) (4) (2) (5) (3) (6) |(2) years and (3) month later. On the monthly common payment, Question 2 Not yet answered Marked out of 1.00 Flag question Assume that you borrow 25million JPY from some bank and repay under the plan of total equally payment to pay off at 30 years =360 months later. Calculate the following: Case 1: If the annual interest rate is 2.4%, the monthly common payment C satisfies (1)| ≤ C ≤ (2)| Case 2: If the annual interest rate is 3.0%, the monthly common payment C satisfies (3) ≤ C ≤ (4) Caution: Here, (1), (2), (3) and (4) should be integers. (1) (2) (3) (4)

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1 Answer r1n100000rr1n 2 3 Here are the solutions for each question Question 3 1 Under the system of 6 yearly compound interestthe repayment exit is 1... View the full answer