Suppose you want to borrow $95,000 and you find a bank offering a 20 year loan with an APR of 5%.

A. Find your regular payment if you pay n=1, 12, 26, 52 times a year.

B. Compute the total payout for each of the loans in part (a).

C. Compare the total payouts computed in part (b).

A. The payment for n = 1 would be $____.

The payment for n = 12 would be $____.

The payment for n = 26 would be $____.

The payment for n = 52 would be $____.

(Do not round until final answer. Then round to the nearest cent as needed.)

B.n For n=1 total amount paid is $ _____, for n=12, the total amount paid n is $____, for n=16 , the total amount paid is $______, and for n=52 the n total amount paid is $_____. 

(Round to the nearest dollar).

C. What can be said about the frequency of payment and the total amount paid?

A. More frequent payments result in a smaller total amount paid.

B. Less frequent payments result in a smaller total amount paid.

C. More frequent payments result in a larger total amount paid.

D. There is  no relationship between the payment frequency and total amount paid.

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Use the stiffness equation you have derived to calculate the internal force diagrams of the structure below. Confirm your results using NASTRAN and PATRAN. N mm² E 2.1 105. N 9 = 450- m I = 13333 mm4 a = 0.5m A = 10000 mm² EL 2EA-El 2EA²-El Use the stiffness equation you have derived to calculate the internal force diagrams of the structure below. Confirm your results using NASTRAN and PATRAN. N mm² E 2.1 105. N 9 = 450- m I = 13333 mm4 a = 0.5m A = 10000 mm² EL 2EA-El 2EA²-El

Answer rating: 100% (QA)

A The payment for n 1 would be 4750 This is given by P 95000005110051240 110051240 1 P 9500000510524... View the full answer