1.) Launa has a mortage of $402,000 after making a down payment. The mortgage is...
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Finance
1.) Launa has a mortage of $402,000 after making a down payment. The mortgage is for 30 years assuming an interest rate of 11% and monthly compounding what is the payment (PMT) they will make each month ?
2.) Kathy pays into an annuity $8700 every four months for 18 years how much is this investment worth at the end of 18 years if payments begin today? assume an interest rate of 7%.
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