To provide you with a monthly payment

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1) If you save $125/mo. for the next 35 years at 13% how much will you have at the end of 35 years?

2) If you borrow $92,000 to buy a house at 7.35% what will be the monthly payment on a 30 year mortgage?

3) How much will you have to save per month at 12.5% to have $1,500,000 in 35 years

4) How much will you have to deposit today at 8.5% to provide you with a monthly payment of $10,000 for the next 25 years?

Reference no: EM131135407

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