The writer is very fast, professional and responded to the review request fast also. Thank you.
Mr. Bill S. Preston, Esq., purchased a new house for $100,000. He paid $10,000 upfront and agreed to pay the rest over the next 30 years in 30 equal annual payments that include principal payments plus 13 percent compound interest on the unpaid balance. What will these equal payments be?
a.Mr. Bill S. Preston, Esq., purchased a new house for $100,000 and paid $10,000 upfront. How much does he need to borrow to purchase the house?
$90,000(Round to the nearest dollar.) already answered
b.If Bill agrees to pay the loan over the next 30 years in 30 equal end-of-year payments plus 13 percent compound interest on the unpaid balance, what will these equal payments be?
$_______(Round to the nearest cent.)
Show more
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