Öption 1: 20% down payment and fihancing at 7% SImple per Option 2: no down payment and financing at 7.75% simple interest for 3 years. Answer each of the following questions separately, showing all your work to reach each answer. A. Which option will result in smaller total finance charge? What will that total finance charge be? B. Which option will result in the smaller monthly payment? What will that monthly payment be? C. They decide to defer any purchases and invest in a savings account a $2400 bonus that Maria will be getting from work. The rate is 1.5% interest compounded every month. How much interest will they earn in 3 years? D. They decide to defer any purchases and loan the $2400 bonus to a needy relative at 3% simple interest per year. How long will the term of the loan need to be if they want to earn $300 in interest (assuming the loan is not paid off early).

Compare the monthly payment and total payment for the following pairs of loan options. Assume that both loans are fixed rate and have the same closing costs.   You need a ​$180,000 loan. Option​ 1: a​ 30-year loan at an APR of 7.5​%. Option​ 2: a​ 15-year loan at an APR of 6.5​%.       Question content area bottom Part 1 Find the monthly payment for each option.   The monthly payment for option 1 is ​$enter your response here. The monthly payment for option 2 is ​$enter your response here. ​(Do not round until the final answer. Then round to the nearest cent as​ needed.) Part 2 Find the total payment for each option.   The total payment for option 1 is ​$enter your response here. The total payment for option 2 is ​$enter your response here. ​(Round to the nearest cent as​ needed.) Part 3 Compare the two options. Which appears to be the better​ option?     A. Option 1 will always be the better option.   B. Option 1 is the better​ option, but only if the borrower…

Compare the monthly payment and total payment for the following pair of $180,000 loan options.  Assume that both loans are fixed rate and have the same closing costs.    Option 1: A 30-year loan at an APR of 4.65%.    Option 2: A 15-year loan at an APR of 3.85%    Find the monthly payment for Option 2.

Compare the monthly payments and total loan costs for the following pairs of loan options. Assume that both loans are fixed rate and have the same closing costs. You need a $170,000 loan. Option 1: a 30-year loan at an APR of 8.25% Option 2: a 15-year loan at an APR of 7.8% Find the monthly payment for each option. The monthly payment for option 1 is $ enter your response here. The monthly payment for option 2 is $ enter your response here. ( Do not round until the final answer. Then round to the nearest cent as needed.)

Loan: $200,000   Term: 30 years   Interest rate: 3.5%   Variable rate: 7 years fixed interest (but after 7 years assume the variable rate goes up by .25%)         If you pay an extra $350 a month and pay $35,000 additional payment on the 85th month (or right after 7 years)   how much interest will you save, what date will the entire loan get paid how much was the total interest payment what is the loan balance on year 12 ? how much taxes will you save,   how much was the total payment of the entire loan?   Tax Rate: No Tax Rate

Problem 1: You take out an amortized loan for $10,000. The loan is to be paid in equal installments at the end of each of the next 5 years. The interest rate is 8%. Construct an amortization schedule. Problem 2: A. Calculate the PV of $100 due in 5 years compounded daily at 12%. B. Calculate the FV of $1000 due in 3 years at 6% compounded quarterly. C. Calculate the FVA of $300 due at the end of each of the next 5 years at 4%. D. Calculate the PVA of $300 due at the end of each of the next 5 years at 4%. Problem 3: Compute the EAR of 10% compounded daily.

What is the present value of $2,000 per year, at a discount rate of 6.5 percent, if the first payment is received 3 years from now and the last payment is received 12 years from now?   Question 8 options:   $12,169   $13,690   $11,409   $11,409   $12,676

A company can borrow $780000 for 5 years by issuing bonds, on which interest is paid monthly at = 8% and the principal is paid off using a sinking fund earning = 3%. The other option is to borrow $780000 from a bank and repay the loan over 5 years with equal monthly payments at = 11%. Which option will result in a smaller periodic cost for the company? Answer: Select One How much will you save each period with this option? Answer: $

Question A  .what is the present value of 5,000 to be received in each of the following a. at the end of 10 years with 5% discount rate b. at tbe end of 7 year when the appropriate rate is 7% c. at the end of 9 years using an interest rate of 9% ? Full explain this question and text typing work only     We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line

22. If $120,000 is borrowed to AIB at 15% interest to be paid back over 20 years, how much of the fifteen year's payment is interest (assume annual loan payments)? Hint: 1. Compute PMT 2. Compute the PV at the end of year 14 and the PV at the end of year 15. Compute the difference; you get third year's principal payment. 3. Interest = PMT - 15th year's principal payment. A. $10,883. B. $15,598. C. $16,789. Please provide an accurate answer.