Math Question 6: Phil takes out a loan of $100,000 to be rep…

Math Question 6: Phil takes out a loan of $100,000 to be repaid in 360 level monthly installments. The first payment will be one month after the inception of the loan and that the effective annual rate of interest is 10%. Determine which payment will be the first where the amount of principal paid is more than two-thirds the amount of the interest paid. Enter your answer as a whole number.

Math Question 9: (BONUS)Christie purchased a ten-year $1,000…

Math Question 9: (BONUS)Christie purchased a ten-year $1,000 bond with semiannual coupons for $982. The bond had a $1,100 redemption payment at maturity, a nominal coupon rate of 7% for the first five years, and a nominal coupon rate of q% for the final five years. Christie calculated that her annual effective yield for the ten-year period was 7.35%. Find q. Enter your answer as decimal rounded to one place (for example, 100.5)