## Answers

Sats a) using Present Vome ammuity formula PV, PMT [1-01+)"] Hue PV = $13,000 1% bae 7 % quatery = 0.0178 i Syears 5x 4 = 20 quateus then! 13000 = AMI [1-(1+0.0175,-20] (0.0175) 221.5 = PMJ (0.293175)? PMT = 221.5 - 175,987038 0.293175 ♡ 175.99 Quaterly PMT= Honoty payment (the size of the Helodie popment) = $ 775.99 Hell, n 20 t = 8 -12 b) the outstanding principal after 8th payment B = PMT [L-Uti in-t] B7 = ['- - (17 0.0175) 0.0175 115.99 (10:13.9550) R 8333, 18 The outstanding puncipal after 18333178 175.99 B = 8th payment il

C) Nowo, Interest paid by the 9th payment in 8333 18 0.0115 145.84115 22 145.84 Interest paid $ 145.84 Interest paid 145.84 ) Bunelbol bald = Quatuly payment 175.99 Principal epaid = $630-15 the 9th payment is by

.
#### Similar Solved Questions

1 answer

##### And 912 αι whet is the niene evelo tk inteve n felva

and 912 αι whet is the niene evelo tk inteve n felva...

1 answer

##### How do you find the limit of #|x-7|/(x-7) # as x approaches 7?

How do you find the limit of #|x-7|/(x-7) # as x approaches 7?...

1 answer

##### Please help with these please i am so confused. please do all them. thank you. 14....

please help with these please i am so confused. please do all them. thank you. 14. The basis for recording direct and indirect labor costs incurred is a summary of the period a job order cost sheets b. time tickets c. employees' earnings records d clock cards 15. At the end of the fiscal yea...

1 answer

##### 1)2) 3) Required information The following information applies to the questions displayed below. The following financial...

1)2) 3) Required information The following information applies to the questions displayed below. The following financial statements and additional information are reported IKIBAN INC Comparative Balance Sheets June 30, 2017 and 2016 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid ...

1 answer

##### (1 point) Compute the flux of F xi + yj + zk over the quarter cylinder S given by x2 + y2 -1, 0 3x s 1,0 <y<1,0 3z< 1, oriented outward flux = (1 point) Compute the flux of F xi + y...

(1 point) Compute the flux of F xi + yj + zk over the quarter cylinder S given by x2 + y2 -1, 0 3x s 1,0 <y<1,0 3z< 1, oriented outward flux = (1 point) Compute the flux of F xi + yj + zk over the quarter cylinder S given by x2 + y2 -1, 0 3x s 1,0...

1 answer

##### Case 4-29 (Algo) Variable and Absorption Costing Unit Product Costs and Income Statements (L04-1, LO4-2) The...

Case 4-29 (Algo) Variable and Absorption Costing Unit Product Costs and Income Statements (L04-1, LO4-2) The following information applies to the questions displayed below) O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first t...

1 answer

##### What is the graph of the conic section defined by #x^2 + 4x - y + 9 = 0#?

What is the graph of the conic section defined by #x^2 + 4x - y + 9 = 0#?...

1 answer

##### This is for java programming Please Use Comments I am not 100% sure if my code...

this is for java programming Please Use Comments I am not 100% sure if my code needs work, this code is for the geometric if you feel like you need to edit it please do :) Problem Description: Modify the GeometricObject class to implement the Comparable interface and define a static max method in th...

1 answer

##### Question 1 In the process of compounding, we move from present to future In the process...

Question 1 In the process of compounding, we move from present to future In the process of discounting, we move from future to present Question 2 In the I Select ] case, interest earns interest. In the ISelect) cast, interest doesn't earn interest. [ Select ] simple rate of interest compound rat...

1 answer

##### 7. A driverless vehicle is being designed for operation in a factory where it has to...

7. A driverless vehicle is being designed for operation in a factory where it has to move along prescribed routes transporting materials between machines. Suggest a system that could be used to direct the vehicle along a route....

1 answer

##### 3) Consider a particle moving in the circular trajectory x(t) = 2 cos(t) and y(t) 2sin(t) subject to the potential U(x,...

3) Consider a particle moving in the circular trajectory x(t) = 2 cos(t) and y(t) 2sin(t) subject to the potential U(x, y)-x2 (2 - ry) (a) (2 marks) Use the chain rule to calculate d at t = 0. (b) (3 marks) Calculate the change potential from compare it to the approximation 0.1 and 0 to t dt Repeat ...

1 answer

##### 5. a) The composition of a mixture of nitrogen and carbon dioxide gases is 30%-N, and...

5. a) The composition of a mixture of nitrogen and carbon dioxide gases is 30%-N, and 70%- CO, by mole fraction. What is the mass fraction of the nitrogen constituent? m. 26 Mar 40 (2 marks) b) Nitrogen (N,) at 150 kPa, 40°C occupies a closed, rigid container having a volume of 1 ml. If 2 kg of ...

1 answer

##### Please help and explain Consider the electric circuits below: R1 = 1.00 22; R2 = 2.00...

please help and explain Consider the electric circuits below: R1 = 1.00 22; R2 = 2.00 2; R3 =3.00 2; R4 =4.00 2; Rs = 5.00 22; RA www R2 WW Ro - R5 WA RA www 구 12 V Redraw the circuit on the paper that you will upload later, and simplify the schematics in steps until the circuit is represente...

1 answer

##### A charge of #35 C# passes through a circuit every #5 s#. If the circuit can generate #14 W# of power, what is the circuit's resistance?

A charge of #35 C# passes through a circuit every #5 s#. If the circuit can generate #14 W# of power, what is the circuit's resistance?...

1 answer

##### ACTIVE LEARNING TEMPLATE: Medication STUDENT NAME MEDICATION Misoprostol CATEGORY CLASS REVIEW MODULE CHAPTER PURPOSE OF MEDICATION...

ACTIVE LEARNING TEMPLATE: Medication STUDENT NAME MEDICATION Misoprostol CATEGORY CLASS REVIEW MODULE CHAPTER PURPOSE OF MEDICATION Expected Pharmacological Action Therapeutic Use Complications Medication Administration Contraindications/Precautions Nursing Interventions Interactions Client Educatio...

1 answer

##### The idea that policies remain relatively stable, but can be marked by periods of great change,...

The idea that policies remain relatively stable, but can be marked by periods of great change, is known as incrementalism punctuated equilibrium O reductions in force O bureaucratic politics NEXT Type here to search In public policy, the iron triangle refers to agreements among members of Congress t...

1 answer

##### What software solutions would you recommend to your executives based on their needs

What software solutions would you recommend to your executives based on their needs? Explain your answer...