NY Savings Plan: APY: Loan Payment: PMT [1 nY

6. (For 16 points) You wish to purchase a 30 year loan of $100,000 with an APR of 8.25%, compounded monthly. (i) What are the montly payments necessary to pay for this loan? (ii) How much interest will you pay for the life of this loan? 7. (For 4 points) Do one of the following: (i) Being as creative as possible, what would your dream job ... ................
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