Mathematics, 25.06.2021 19:00 austind9027
mortgage 7. Ato Bekele is thinking of buying a G+2 building 5 years form now on a basis. The building will be used for office purpose for his new business that costs Br. 500,000. The required down payment is Br. 100, 000, with monthly mortgage payment for 30 years at a rate of 12% compounded monthly. To cover the down payment Bekele has established a sinking fund account in Dashen Bank, which pays 10% interest compounded quarterly. Required: a) How much Bekele should deposit at the end of every quarter to meet the objective of the down payment? (2Pts) b) Determine the amount of monthly mortgage payment to be made to discharge the mortgage within 30 yrs. (3Pts) c) What is the amount of total interest paid on the mortgage? (2Pts) d) What is the total amount paid over the entire period of the mortgage? (3Pts)
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Mathematics, 21.06.2019 20:10
Which value of m will create a system of parallel lines with no solution? y = mx - 6 8x - 4y = 12
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Mathematics, 21.06.2019 23:30
At your job you're paid $50 per week plus $3 per sale at least how many saled do you need to make in order to have over $250
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Mathematics, 22.06.2019 00:00
Iwill arward ! , i if bt ≅ eu , bu ≅ et , prove: ∠b ≅ ∠e. fill in the blanks: draw segment ut ≅ bt≅ bu ≅ △ubt ≅ △
Answers: 1
mortgage 7. Ato Bekele is thinking of buying a G+2 building 5 years form now on a basis. The buildin...
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