You want to take out a \( \$ 299,000 \) mortgage (home loan). The interest rate on the loan is \( 5.4 \% \), and the loan is for 30 years. Your monthly payments are \( \$ 1,678.98 \). How much will still be owed after making payments for 5 years? \( \$ \) How much will still be owed after making payments for 10 years? How much will still be owed after making payments for 15 years? Round your answers to the nearest dollar.

QUESTION 13 Which of the following is least likely to be associated with market failure, and is consequently least likely to require any form of state regulation or intervention? a) Hake fishing off the west coast of South Africa. b) The provision of education services in govemment schools. c) The provision of education services in private schools. d) The market for fast foods.

9.1 How much must Peter invest now, at \( 9,5 \% \) p.a. compounded quarterly, if he wants to have \( R 40000 \) after 6 years? Convert \( 20 \% \) p.a. effective to a nominal rate, compounded monthly. Mike opens a savings account with a deposit of \( R 60000 \). He leaves the money in the account for 7 years. The interest rate for the first 3 years is \( 2,7 \% \) p.a. compounded quarterly and for the remaining 4 years it is \( 3,2 \% \) p.a. compounded monthly. How much money will be in Mike's savings account at the end of the 7 -year period? Sarah deposited \( R 6000 \) into her bank account 10 years ago. Six years ago, she withdrew \( R 2000 \). Interest is calculated at \( 7,6 \% \) p.a. compounded monthly. How much money is in the account at present?

With reference to Question 8 above, the measure of money that will not be immediately affected by the above action by China's central bank is: a) M1 b) M2 c) M3 d) Quasi money

Oppgave 2 Når Oslo Børs stenger for dagen er en type aksje verdt 42 kr . I løpet av dagen har aksjen økt i verdi med \( 20 \% \). Hvor mye var aksjen verdt da Oslo Børs åpnet denne dagen?

15. This is a type of cooperative that provides credit facilities to each member. A. Consumer's cooperative C. Farmer's cooperative B. Credit cooperative D. Housing cooperative