interest you will pay over the life of the loan. dule how the loan will...
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interest you will pay over the life of the loan. dule how the loan will be repaid. Compute how much Show with the help of an per year. 0 You plan to buy a house, valued at $ 145,000 5 years from now. Interest rates on the market are expected to remain at 10%. If you deposit ii) Will exceed 6,500 every year for 5 years, in advance, i) how much will you have? you meet your target? By how much will you fall short of of ii) If not, how large must your deposits be, at the same interest rate, to your target? meet your target? 10. Suppose you deposit & 4,000; 5,500; 5,000; 6,300 and 2,500 into the account pays 8% compounded annually, how much will your in investment account at the end of years 1 through to 5 respectively. If balance be in years 2, 4 and 5 respectively. account
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