\(Mario wants to open a new clothing shop in Pretoria CBD. He estimates that he will have R250 000 available on 16 June 2022 from an investment made on 7 September 2021, earning 7,65\% interest per year, compounded on the first of each month. If fractional compounding is used for the whole period, then the amount Mario deposited on the 7 September 2021 was \)

2.75 U Hva er vekstfaktoren når prisen på en vare går opp med \( \begin{array}{llll}\text { a } 5 \% & \text { b } 15 \% & \text { c } 15,5 \% & \text { d } 0,5\end{array} \)

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.

You deposit \( \$ 4000 \) each year into an account earning \( 5 \% \) interest compounded annually. How much will you have in the account in 20 years?

You want to buy a \( \$ 224,000 \) home. You plan to pay \( 10 \% \) as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if the interest rate is \( 5 \% \) ? Q) What will your monthly payments be if the interest rate is \( 6 \% \) ? Question Help: Dideo 1 Video 2 Message instructor

Question 13 years, you leave the money, without making additional deposits, in the account for another 22 years. How much will you have in the end? Suppose instead you didn't invest anything for the first 5 years, then deposited \( \$ 170 \) a month for 22 years into an account earning \( 9 \% \) compounded monthly. How much will you have in the end?