A 30-year $185,000 amortized mortgage loan has a fixed interest rate of 4.375% and fixed monthly payments. The monthly payment is $923.68. The beginning balance of the loan in the 30th month is $177,391.93. Calculate the ending balance of the loan at the end of the 30th month after this month's payment.
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Global tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth rate to 2.5 percent per year. the company just paid its annual dividend in the amount of $.20 per share. what is the current value of one share of this stock if the required rate of return is 17.4 percent? $1.82 $218 $2.03 $2.71 $3.05
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A 30-year $185,000 amortized mortgage loan has a fixed interest rate of 4.375% and fixed monthly pay...
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