i am taking a math 1332, my professor handed us out a paper that is due this coming Sunday and I have no clue how to do any of these questions. she wants us to show our work and write down how we...


i am taking a math 1332, my professor handed us out a paper that is due this coming Sunday and I have no clue how to do any of these questions. she wants us to show our work and write down how we solved it in steps for each question. can anyone help me out?


AutoSave<br>signature assignm.<br>ff<br>>><br>File<br>Home Insert Draw Design Layout References Mailings Review View Help<br>Suppose you have a $60,000 loan with an annual percentage rate of 8% for 25 years.<br>eading list<br>What are your required monthly payments?<br>a.<br>b.<br>Suppose you pay off the loan in 15 years, rather than 25. What are the required monthly<br>payments?<br>Explain why there are differences in the total amounts you pay over the loan terms for the two<br>scenarios.<br>What would be the effect of paying the required monthly rate and an additional $100 each<br>month on the cost of the two loan?<br>d.<br>Discuss the relationship between the total interest, loan amount and monthly payment from the<br>graphic below.<br>e.<br>Page 1of 1<br>Links<br>57°F Clear A T A<br>8:08 PM<br>11/5/2021<br>日<br>

Extracted text: AutoSave signature assignm. ff >> File Home Insert Draw Design Layout References Mailings Review View Help Suppose you have a $60,000 loan with an annual percentage rate of 8% for 25 years. eading list What are your required monthly payments? a. b. Suppose you pay off the loan in 15 years, rather than 25. What are the required monthly payments? Explain why there are differences in the total amounts you pay over the loan terms for the two scenarios. What would be the effect of paying the required monthly rate and an additional $100 each month on the cost of the two loan? d. Discuss the relationship between the total interest, loan amount and monthly payment from the graphic below. e. Page 1of 1 Links 57°F Clear A T A 8:08 PM 11/5/2021 日
Jun 05, 2022
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