1 find the proceeds of a 5000 7-year note bearing interest, Ask an Expert

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1. Find the proceeds of a $5000 7-year note bearing interest at 8% compounded quarterly discounted 2½ years after the date of issue at 6% compounded monthly.

2. Are Call loans or Demand Loans considered rate-sensitive?

3. You borrowed $290,000 to purchase a home using a fifteen year mortgage with a stated rate of 3.125 percent per annum, and monthly payment. Calculate your loan balance just after making payments for five years.

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Financial Management, Finance

Category:- Financial Management
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