Question: Question 5 (1 point) Listen 2 3 Ace Industries borrowed $110,000 amortized over 10 years at a rate of j12=4.8% with monthly payments (rounded up

Question 5 (1 point) Listen 2 3 Ace Industries borrowed $110,000 amortized over 10 years at a rate of j12=4.8% with monthly payments (rounded up to the next cent). Calculate their final payment. 5 6 Your Answer: 8 9 Answer Question 6 (1 point) Listen Amrit is thinking about buying a new car. The car sells for $26,200 and he has a $3,000 down-payment. Calculate his monthly payments if he amortizes the balance at j12-3.6% over 5 years. Progress Report Self and Peer E doce Self and Peer E.docx D. Chapter 13 pptx P w 28 MacBook AS

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