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Social Science Clinic => Business => Topic started by: natalie2426 on Jun 6, 2019

Title: What monthly lease payment due in advance should be charged for a house valued at $835 000 if the ...
Post by: natalie2426 on Jun 6, 2019

Question 1

What sum of money must be deposited in a savings scholarship account to provide a scholarship of $3320.00, payable at the beginning of each 3 months, if interest is 3.59% compounded quarterly?
◦ $373 236
◦ $92 799
◦ $558 195
◦ $369 916
◦ $92 479

Question 2

What monthly lease payment due in advance should be charged for a house valued at $835 000 if the agreed interest is 4.4% compounded semi-annually?
◦ $3039.40
◦ $3050.48
◦ $17 974.56
◦ $3022.99
◦ $18 136.54

Title: What monthly lease payment due in advance should be charged for a house valued at $835 000 if the ...
Post by: dajones82 on Jun 6, 2019

Answer 1

$373 236

Answer 2

$3022.99

Title: What monthly lease payment due in advance should be charged for a house valued at $835 000 if the ...
Post by: natalie2426 on Jun 6, 2019

Thanks

Title: What monthly lease payment due in advance should be charged for a house valued at $835 000 if the ...
Post by: dajones82 on Jun 6, 2019

Welcome :)

Title: Re: What monthly lease payment due in advance should be charged for a house valued at $835 000 if th
Post by: Menka9aug@gmail.com 9aug on Nov 27, 2020

Good

Title: Re: What monthly lease payment due in advance should be charged for a house valued at $835 000 if th
Post by: esse bee on Dec 2, 2020

Thanks !!