1. $247,586.15
2. 1. (a) $40,280.42     (b) $6,280.42
3. Loss of $10
4. j₁ = 7.6777%
5. $4,469.87
6. 30 months
7. $331.46
8. $1.96
9. 1. (a) $2,241.59 per month     (b) $267.67−$200=$67.67 /month
10. $10,743.42
11. $496.74
12. 1. (a) $348.33     (b) $1,966.60

 

(source)