Compute the periodic rate and interest in the first period for a ​$2,600 loan with 6.5​% APR for the following periodsa. Monthlyb. Daily​ (use a​ non-leap year)c. Quarterly​ (4 times a​ year)d. Biweekly​ (every 2​ weeks)a. The periodic rate is nothing ____​%.​(Type an integer or decimal rounded to three decimal places as​ needed.)

Suppose a 40-year old person deposits $8000 per year in an individual retirement account until age 65. Find the total in the account with the following assumption of an interest rate. (Assume quarterly compounding, with payments of $2000 made at the end of each quarter period.). Find the total amount of interest earned. 7%     The total in the account $___. (Round to the nearest CENT as needed.)

Compute the principal (in $) for the loan. Use ordinary interest when time is stated in days. Principal Rate (%) Time Interest $  8 6 months $1,000

Jesse purchases a retirement annuity that will pay him $1,500 at the end of every six months for the first nine years and $600 at the end of every month for the next three years. The annuity earns interest at a rate of 3.5% compounded quarterly. a. What was the purchase price of the annuity? Round to the nearest cent b. How much interest did Jesse receive from the annuity?

Determine the annual simple interest rate on aspecial account that earned $36 interest in oneyear on an original deposit of $1,500. Assumethat there were no other deposits or withdrawalsfrom the account during the year.

As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), using this table and the monthly PITI (in $) for the mortgage. (Round dollars to the nearest cent.) AmountFinanced InterestRate Termof Loan(years) MonthlyPI AnnualPropertyTax AnnualInsurance MonthlyPITI $127,700 6.75% 15 $  $2,370 $1,325 $

Travis saved $120 at the end of every month for 7 years in her bank account that earned 6.90% compounded monthly. a. What is the accumulated value of her savings at the end of the period? $12,718.64 $12,911.77 $54,457.77 $2,831.77 b. What is the interest earned over the period? $2,711.77 $12,911.77 $2,951.77 $2,831.77

On September 21st, 2013, Joseph invested $17,000 in a fund that was growing at 7% compounded quarterly. a. Calculate the accumulated amount of the fund on May 6th, 2014. $0.00

Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time.  4 years, depreciating 5% each year