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Ch 6 Cyberproblem Assinment
Essay specific features
Written by:
Fannie D
Date added:
November 25, 2013
Level:
Grade:
A
No of pages / words:
4 / 1034
Was viewed:
8911 times
Rating of current essay:
Essay content:
Investment.
A. After 12 months of making extra payments, what will be the loan balance?
It is the loan balance - current payment ? additional payment x .06% x 12 months
The loan balance is $133,249.29
B. After 12 months of making the regular payment and investing the $50, what will be the loan balance?
It is the loan balance ? current payment x ...
displayed 300 characters
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After 12 months of making the regular payment and investing the $50, what will be the loan balance?
It is the loan balance ? current payment x .06% x 12 months
The loan balance is $133,871.79
C. Under the regular payment and investing option, excluding the tax due on the interest earned, what is the investment balance after 12 months?
Current payment+0...
displayed 300 characters
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