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Ch 6 Cyberproblem Assinment

Ch 6 Cyberproblem Assinment

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Title: Ch 6 Cyberproblem Assinment

Essay Details:

Subject: Miscellaneous

Author: Peggy H

Date: January 18, 2013

Level: University

Grade: A

Length: 4 / 1034

Essay text:

Investment. A. After 12 months of making extra payments, what will be the loan balance? It is the loan balance - current payment ? additional payment x .06% x 12 months The loan balance is $133,249.29 B. After 12 months of making the regular payment and investing the $50, what will be the loan balance? It is the loan balance ? current payment x .06% x 12 months The loan balance is $133,871.79 C. Under the regular payment and investing option, excluding the tax due on the interest earned, what is the investment balance after 12 months? Current payment+0.06% x 0.08% The investment balance is $623...

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