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What aretiration payment in $) would you need to make cach month at 24% interest compounded monthly to pay off a ser af $15,000 in 2 years? Use Table 12-2. (Roxand your answer to the newest cont.) SL Need Help? Read It Watch Master it It -/1 Points] DETAILS BRECMBC9 12.111.012. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Solve by using tables Table 12-1 and Table 12-2. Dermiler Kaulman brought a used Toyota Prius for $13,500. She made a $2,500 down payment and is financing the balance at a particular tarik over a 3 year period at 12% interest. As her tanker, calculate what equal monthly payments (in S) will be required by Jennifer to amortize the car loan, (Round your answer to the nearest cent.) 5 ! Need Help? Read it -/1 Points] DETAILS BRECMBC9 12.111.014. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Solve by using tables Table 12-1 and Table 12-2. . Raul and Drama Korktharc planning a Mediterranean Cruise in 6 years and will nevxl $6,500 for the trip. They deside to set up a sinking fund" savings acxxsunt for the vaticini. Thery interud to make regulat payments at the end of each 3 month period into the account that pays 6% Interest compounded quarterly. What periodic sinking fund payment (In $) will allow them to achieve their vacation goal? (Round your answer to the nearest cent.) S s Need Help? Pundit Raad -/1 Points) / DETAILS BRECMBC9 12.111.016. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Solve by using the sinking fund or amortization formula. (Round your answer to the nearest cent) Sinking fund payment (in $) Sinking Fund Payment Time Nominal Interest Future Value Payment Frequency Period (years) Rate ("%) Compounded (Objective) every 3 months 4 6.0 quarterly $9,000 Need Help? Read

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