Find the total monthly payment, including taxes and insurance. Mortgage $89,340 Interest Rate 6.5% The total monthly payment is $ (Round to the nearest cent as needed.) Term of Loan 25 years Annual Taxes $805 Annual Insurance $343
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- 22.Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $26,500 18 months 4 semiannually $ $Prot.em 11. LA loan of $3000 is being repaid with quarterly payments at the end of each quarter for 10 years at 5.9% convertible quarterly. Find the outstanding loan balance at the end of the fourth year A. $ 2339.56 B.$ 2005.34 C. $ 1145.01 D. $3208.54 E. $ 1504Amou it Financed 240,000 Calculate the Monthly principal and Interest (Round dallars to necrest Cent) Interest Rate Monthy property PI 7.50 Yo Term of Loen gears 25 ↑ Insurance PITI 6,543 2,186 Marthing A
- FRM. (Term=30 years, Note Rate = 5.25, Loan Amount = 800,000, Points=2) What is the FTL annual percentage rate (FTLAPR) that the lender must disclose to the borrower? O 5.375% ○ 4.750% O 4.875% O 7.000% O 6.905% O 7.011%Aotivity: Complete the table:( 2 cw Principel Rate Timme Interest vale Matrity (F) CI) 20,200 9% 4yeors 12, 400 3.2% 6 manthes 29), 30012있 y에 year 19,000|10%/2yos 8,000 2%3 months21.Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $8,000 12 years 6 semiannually $ $
- Calculate the monthly principal and interest in $ Round the dollars to the nearest Cent? Financed 240,000 Interest Rate Term of Loan 7.50% 25 Monthly PI $1 ↑ Property Тих 4,543 Annual Insurance 2,186 Monthly PITI ↑PreviousBalance AnnualPercentageRate (APR)(as a %) MonthlyPeriodicRate FinanceCharge(in $) Purchasesand CashAdvances PaymentsandCredits NewBalance(in $) $2,490.00 % 1 1 4 % $ $1,374.98 $300.00 $Q. Journalize the amortization of the premium/discount on December 31, 20X1. (If necessary, round to the nearest dollar.) A.debit-Premium on bonds payable credit-interest expense (I don't know how to calculate it) Refer to- On January 1, 20X1, your firm issues a $10,000, 5-year, 10% bond with interest payable annually for $10,389. At the time of the issuance, market rates are 9%. Journalize the issuance of the bond
- A bank customer borrows X at an annual effective rate of 12.5% and makes level payments at the end of each year for n years. (i) The interest portion of the final payment is 153.86. (ii) The total principal repaid as of time (n − 1) is 6009.12. (iii) The principal repaid in the first payment is Y. Calculate Y. OA. 500 OB. 470 O C. 480 O D. 490 OE. 510Gela Corporation borrows P250,000.00 at 15% percent annual interest. Principal and interest is due in 1 year. What is the effective interest rate? choose the letter of answer a. Noneb. 15%c. 19%d. 20%e. 21%A Collateralized Mortgage Obligation (CMO) principal balance is $1,000,000,000. The pass thru rate is 5.35%. The Weighted Average Coupon rate is 6.35%. The weighted Average Months is 350. The PSA is 90. 3-What is the month 1 CMO total cash flow from pass thru interest, scheduled principal and prepaid principal? 1-What is the total prepaid principal in month 30 of the Weighted Average Loan Age? 2- Within how many months from the creation of the CMÓ will tranche C principal be totally paid?
