9D

9D

Multiple Choice

Jane borrows $50,000 to buy some shares. Jane negotiates an interest only loan for this amount at an interest rate of 9% per annum, compounding monthly. We want to know what the monthly payment amount will be. In the financial solver what are we looking for (keep as 0)

• N

• I%

• PV

• Pmt

• Fv

Fill in the Blank

Jane borrows $50,000 to buy some shares. Jane negotiates an interest only loan for this amount at an interest rate of 9% per annum, compounding monthly. We want to know what the monthly payment amount will be. In the financial solver what number is N

Fill in the Blank

Jane borrows $50,000 to buy some shares. Jane negotiates an interest only loan for this amount at an interest rate of 9% per annum, compounding monthly. We want to know what the monthly payment amount will be. In the financial solver what number is I%

Multiple Select

Jane borrows $50,000 to buy some shares. Jane negotiates an interest only loan for this amount at an interest rate of 9% per annum, compounding monthly. We want to know what the monthly payment amount will be. In the financial solver which of the following is correct?

• PV = 50000

• Pv = -50000

• FV = 0

• FV = 50000

• FV = -50000

Fill in the Blank

Jane borrows $50,000 to buy some shares. Jane negotiates an interest only loan for this amount at an interest rate of 9% per annum, compounding monthly. We want to know what the monthly payment amount will be. In the financial solver what is the value of Ppy and Cpy

Fill in the Blank

Jane borrows $50,000 to buy some shares. Jane negotiates an interest only loan for this amount at an interest rate of 9% per annum, compounding monthly. What will the monthly payment amount will be?