The writer is very fast, professional and responded to the review request fast also. Thank you.
Answer:
2)
Bianca took out a loan from the bank today for X. She plans to repay this loan by making payments of 1,580 dollars per month for a certain amount of time. If the interest rate on the loan is 0.62 percent per month, she makes her first payment of 1,580 dollars later today, and she makes her final monthly payment of 1,580 dollars in 9 months, then what is X, the amount of the loan?
Answer:
3)
Allysha just borrowed 31,600 dollars. She plans to repay this loan by making a special payment of 7,500 dollars in 3 years and by making regular annual payments of 6,200 dollars per year until the loan is paid off. If the interest rate on the loan is 5.73 percent per year and she makes her first regular annual payment of 6,200 dollars in one year, then how many regular annual payments of 6,200 dollars must Allysha make? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).
Answer:
4)
Celeste just borrowed 44,400 dollars. She plans to repay this loan by making equal quarterly payments of 3,804.94 dollars for 14 quarters. If she makes her first quarterly payment later today, then what is the quarterly interest rate on the loan? Answer as a quarterly rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
Answer:
5)
Siri plans to retire in 5 years from today with 463,500 dollars in her retirement account, which has an annual return of 9 percent. If she receives annual retirement payment of X, with her first annual retirement payment of X received in 5 years and her last annual retirement payment of X received in 13 years from today, then what is X, the amount of each retirement payment?
Answer:
6)
An investment, which is worth 32,000 dollars and has an expected return of 5.53 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow is expected in 9 years from today. What is the present value of the annual cash flow that is expected in 5 years from today?
Answer:
7)
An investment, which is worth 32,000 dollars and has an expected return of 5.53 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow is expected in 9 years from today. What is the present value of the annual cash flow that is expected in 5 years from today?
Answer:
8)
An investment, which is worth 32,000 dollars and has an expected return of 5.53 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow is expected in 9 years from today. What is the present value of the annual cash flow that is expected in 5 years from today?
Answer:
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more