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1)You have just purchased a new warehouse

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1)You have just purchased a new warehouse. To finance the purchase, you've arranged for a 25-year mortgage for the $1,440,000 purchase price. The monthly payment on this loan will be $10,600. What is the EAR?

2)you plan to save $500 monthly for 2 years earning 5%interest. how much will you end up with?

3)Bond A and Bond B are zero-coupon bonds issued by the same government. Bond A is due to mature in exactly t years from today, and Bond B is due to maturity in exactly T years from today (t<T). If the zero rate curve (for the government bonds) is downward sloping, which of the following statements is correct?

A. Since there two bonds are issued by the same government, the yield of Bond A is the same as the yield of Bond B

B. The yield on A is smaller than the yield on B

C. The yield on B is smaller than the yield on A

D. Not enough information to judge whet

her the yield of Bond A is larger or smaller than the yield if Bond B