Mathematics, 12.03.2021 09:20, hidais
Lorkay Seidens Inc. just borrowed $120,000. The loan is to be repaid in equal installments at the end of each of the next twenty years, and the interest rate is ten percent. 4. What is the annual payment that the company has to make? 120,000/ PV annuity factor 20 years at 10% = 5. What portion of the eighth payment is used to pay for interest? 6. What portion of the thirteenth payment is used to pay for principal?
Answers: 3
Mathematics, 21.06.2019 23:40, jahnoibenjamin
Select the correct answer what is the 10th term of the geometric sequence 3,6, 12, 24,48 a. 512 b. 3,072 c. 768 d. 1,536
Answers: 2
Mathematics, 22.06.2019 00:30, woodfordmaliky
Tim has obtained a 3/27 balloon mortgage. after the initial period, he decided to refinance the balloon payment with a new 30-year mortgage. how many years will he be paying for his mortgage in total?
Answers: 2
Lorkay Seidens Inc. just borrowed $120,000. The loan is to be repaid in equal installments at the en...