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How much would monthly repayment be

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Reference no: EM132538714

Question 1: How much would you need to deposit today into an account earning 7.57 per cent per annum compounded quarterly, to have $42,846 at the end of the 5 years?

Question 2: Borrow $349,456 to buy a house. If the current interest rate on the loan is 4.28%p.a., for 28 years, then how much would my monthly repayment be?

Question 3: What is the present value of $3,909 over 284 days at 4.9 per cent per annum simple interest?

Reference no: EM132538714

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