mannat

Suppose that you want to buy a house 5 years from now, and you estimate that an initial down payment of $30,000 will be required at that time. To accumulate the $30,000, you wish to make equal annual end of year deposits into an account paying annual inte...

If a loan was repaid by monthly payments of $9230.00 in 7.5 years at 6.15% compounded annually, how much interest was paid?

A property worth $15,000.00 is purchased for 10% down and semi-annual payments of $1750.00 for twelve years. What is the effective rate of interest if interest is compounded semi-annually?

on an annual renewal lease, the quarterly lease payment on office space is $1600 payable in advance. what equivalent yearly payment made in advance would satisfy the lease if the interest is 6.5% compounded quaterly?