A couple decides to accept an adjustable rate, 30-year mortgage, in which the interest rate is fixed for the first 5 years and then may be adjusted annually beginning with year 6. Suppose that this couple borrows $305,000 with the annual interest rate, compounded monthly, for the first 5 years set at 5.5%. Suppose that the interest rate is increased to 6.75% for the remaining term of the loan. Calculate the monthly payment during the first 5 years and after the first 5 years. Find the amount of interest that would be paid over the term of this loan

Which of the following theoretical factors increases the rate of a reaction?

(a) increase collision frequency

(b) increase collision energy

(c) effective collision orientation

Find the compound amount and compound interest if $4000 is invested for six years and interest is compounded continuously at the given annual rate. 9%

Find the time required for a $1000 investment to (a) double at interest rate r, compounded continuously, and (b) triple at interest rate r, compounded continuously. Round your results to two decimal places.$r = 3.75%$

Determine the cost of the points and the new interest rate for each loan amount and interest rate. Assume each point costs 1% of the loan amount. $400,000, original APR 4.1%, 1 point with a 0.2% discount.

For the following exercise,

Determine the value of the annuity for the indicated monthly deposit amount, the number of deposits, and the interest rate.

Deposit amount: $\$ 100$; total deposits: $120$ ; interest rate: $10 \%$, compounded semi-annually

A loan of $\$ 10,000$ was repaid at the end of $6$ months. What amount (principal and interest) was repaid, if a $6.5 \%$ annual rate of interest was charged?

A home buyer takes out a $30,000 mortgage at an annual interest rate of 9%. This loan is to be repaid over 20 years in 240 equal monthly installments of x dollars. (a) Compute x. (b) Find x if the annual interest rate is 10%

In years 1 and 2, the consumer price index is 125 and 160, respectively. Every inflation is expected. What is the real interest rate at Commerce Bank of Beverly Hills if year two's interest rate is 35 percent?

A $6000 certificate of deposit is purchased for$6000 and is held for seven years. If the certificate earns an effective rate of 8%, what is it worth at the end of the period?

Find the simple interest paid to the nearest cent for each loan amount, interest rate, and time. $1,000, 7%, 2 years

Find the price a purchaser should be willing to pay for the given bond. Assume that the coupon interest is paid twice a year.

$15,000 bond with coupon rate 6% that matures in 4 years; current interest rate is 5%.

Assume federal debt reaches about $\$ 20$ trillion in $2017$.

If interest rates remain at the $2012$ level of $2.1 \%$, find the interest payment on the debt. Discuss the change in the interest payment with a $0.5$-point increase in the interest rate.

Find the number of years it would take for $1200 to earn simple interest of$324 at an annual interest rate of 6% per year.