Question: statistics A. A student borrows $48,500 at 4.8% compounded monthly. Find the monthly payment and total interest paid over a 30-year payment plan. B. Large

statistics

statistics A. A student borrows $48,500 at 4.8% compounded monthly. Find the

A. A student borrows $48,500 at 4.8% compounded monthly. Find the monthly payment and total interest paid over a 30-year payment plan. B. Large semitrailer trucks cost $ 90,000 each. A trucking company buys such a truck and agrees to pay for it by a loan that will be amortized with 8 semiannual payments at 10% compounded semiannually. Complete a amortization schedule for the rst four payments of the loan. Fill out the amortization schedule below. (Round to the nearest cent as needed. Do not include the $ symbol in your answers.) Payment Amount of Interest Payment Number Payment C. A woman buys a house for a $285,000. She pays $60,000 down and takes out a mortgage at 5.1% for 20 years on the balance. Find her monthly payment and the total amount of interest she will pay

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