Question: You recently made a $ 2 0 , 0 0 0 down payment to buy a $ 3 6 0 , 0 0 0 home
You recently made a $ down payment to buy a $ home and financed the balance; the loan terms include annual payments for a thirty year term at an interest rate of six percent. How much total interest will you pay over the life of the loan?Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.
pts
The Daniels Company purchased equipment for $ on January and estimates that it will increase net cash flows by the following amounts
Year $
Year
Year
Year
Year
At the end of that time the equipment can be sold for $ Assuming an interest rate of three percent, what is the NPV for the equipment? Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.
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