I need answers to my finite mathematics weekly discussion!

I need answers to my finite mathematics weekly discussion!

I need answers to the following questions. Please show your work:

5. If you paid
$ 150
to a loan company for the use of
$ 4 , 000
for
90
days, what annual interest rate did they charge?

10. Use the continuous compound interest formula to find the indicated value P=$ 2,570; r=3.14%; t=4
years;
A = ?

21. What is the present value of an annuity that pays $
200
per month for
10
years if money is worth
5 %
compounded monthly?

25. A family has a
$ 150 , 000

30
-year mortgage at
4.5 %
compounded monthly. What is the monthly payment?

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