1 he annual interest on a bond is 4-% of its face value and amounts to $185. What is the face value of the bond? ..... The face value is $. Round to the nearest cent as needed.)

Q: 2. If you borrow $5000 and, after 9 months, pay off the loan in the amount of $5500, what per annum…

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Q: Use a calculator to evaluate an ordinary annuity formula nt 1 + -1 A = m for m, r, andt…

A: Given,            $50, 4%, 20 yr

Q: You want to buy a 9 year bond with a maturity value of $6,000, and you wish to get a return of 5.5%…

A:

Q: Suppose you purchase a car for a total price of $32,740, including taxes and license fee, and…

A:

Q: Ann and Tom wants to establish a fund for their grandson's college education. What lump sum must…

A: let they deposit    $ Po P=Po1+rnntP= final amount Po= initial Amount r= intrest raten=number of…

Q: Suppose a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

A: so given a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

Q: 13. Calculate the simple interest on a bank loan of $200,000 for a month, with a quoted rate of 6%…

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Q: Hungen Inc. borrowed $100,000.00 from a financial company with an ordinary simple interest rate of…

A: Here money is borrowed from tbe financial company for simple interest rate . So here we can apply…

Q: Consider a 30-year mortgage for $356,901 at an annual interest rate of 4%. What is the remaining…

A: in this question, we have  principal balance = $356901 total mortgage time = 30 years  we have asked…

Q: O The total simple interest owed on a loan of $8,000 after 60 months is $1,280. What is the yearly…

A: Given that total amount of loan is P=$8000 , time is 60 months or t=6012=5 years, total simple…

Q: A bond with a face value of $4000 and a 3.8% coupon has a 5-year maturity. Find the annual interest…

A: Given: Face value (P) = $ 4000 Interest rate (r) = 3.8%

Q: Ask someone borrowing from a five-six ( Bumbay ) money lender. How much will be charged if you want…

A: Simple interest:              SI = PRT100 where P = principle            R= rate of interest…

Q: What is the time period of a loan for $3,0000, at 10% ordinary Interest, if the amount of Interest…

A: Given information Principal amount P=$3,000 Rate of interest r=10% Amount of interest is I=$125.00…

Q: The following are the annual premiums charged by the Life Insurance Corporation of India for a…

A: Here from given information,  Age in year = x Premium in 1000$ = y Here use regression line formula

Q: If an amount of 1,120 OMR, which includes a 5% simple interest for 2 years, is paid back, how much…

A:

Q: Find the interest refund on a 33-month loan with interest of $2,859 if the loan is paid in full with…

A: Given, Total interest is $2859. Total time of loan is 33 months, loan is paid in full with 11 months…

Q: How much would Olga's semiannual premium be for a five-year term insurance policy with a face value…

A: According to the given information, Face value = $330000 Insurance term = 5 years Gender = Female…

Q: Find the amount of simple interest on a loan of $2,500 at 4.22% interest for 13.75 months. (Round to…

A: Interest=$2500*12.75 months*4.44%

Q: In his will dated July 17, 1,788, Benjamin Franklin stated that he wished "to be useful even after…

A: The loaned amount is not more than 90 pounds or $411.3.  The rate of interest is 5% per annum.  We…

Q: Ask someone borrowing from a five-six (Bumbay) money lender. How much will be charged if you want to…

A: Here the borrowed amount is 5,000.00 which is payable in one-year. We have to find interest rate per…

Q: How much is the total interest on Mr. Marc Pogi's loan? * O 1,476,237.922 O 1,154,024.752 O…

A: answer : option a) 1,476,237.922Note* in solution I have calculated the approximate values so the…

Q: Use the fact that Cash Price = Equity + Outstanding Debt to compute the equity in an item where the…

A: Given, Cash price = Equity + Outstanding debt Cash prize = $ 699000 Outstanding debt = $ 85000

Q: Provide an appropriate response. 9) _______ is interest paid both on the original principal and on…

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Q: You can get a car loan with a term of three years at an APR of 5%. If you can afford a monthly…

A: Given, Loan term = 3 years = 3×12 = 36 months  APR = 5 %  Monthly payment = $ 600  We have to find…

Q: The owner of a hot dog stand receives a loan of $4,750 at 7.25% for 9 months. Find the amount of…

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Q: To retire a bond of $ 100,000.00 in 5 years, what amount needs to be deposited at 8% quarterly?

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Q: c) After making a down payment of GH¢4000 for an automobile, the municipality paid GH¢400 per month…

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Q: Use a calculator to evaluate the present value of an annuity formula -nt (1+) P = m for the values…

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Q: Twenty annual payments of $5000 each, with the first payment one year from now, are to be made from…

A: Given- Twenty annual payments of $5000 each, with the first payment one year from now, are to be…

Q: Use a calculator to evaluate an ordinary annuity formula nt - 1 A = m for m, r, and t…

A: The given formula for ordinary annuity is A=m1+rnnt-1rn. The given values are m=$100, r=4%=0.004,…

Q: B. A 520,000-peso bond is redeemable at 620,000 after 6 years. Coupons are given at 6% convertible…

A: Given query is to find the amount of semiannual coupon.

Q: 7. Laura borrows $5000 for 5 years at an annual simple interests rate of 5% per year. a) What is the…

A:

Q: 1. Faith availed of a cash loan from Home Credit that gave her an option to pay 10,000 monthly for 1…

A: Solution: Interest rate per month (r) = (12% / 12) = 1% Monthly payment (P) = 10,000 n = 12 Monthly…

Q: Use a calculator to evaluate an ordinary annuity formula . nt (1 +5 - 1 A = m in for m, r, and t…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: 2. The Smiths took out a $130,000, 30-year mortgage at an APR of 3.4%. The monthly payment was…

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Q: You want to buy a 5 year bond with a maturity value of $7,000, and you wish to get a return of 5.5%…

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Q: What is the simple interest to the nearest cent on a credit card balance of P1,150.00 at 11%…

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Q: You can get a car loan with a term of three years at an APR of 5%. If you can afford a monthly…

A:

Q: You have taken a loan of $54,000.00 for 37 years at 5.8%o

A: I have provided this answer with full description in step-2.

Q: is a remuneration charged on the entire principal for the entire length of the loan. O a. Effective…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: 1. Mr. Cruz borrowed P110,000 at 5% simple interest to pay as down payment for a house and lot. If…

A: Solution

Q: 1. A bank charges 12% simple interest on a P300.00 loan. How much will be repaid if the loan is paid…

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Q: Find the interest and the amount to pay back on the following simple interest loans $875 at 8.7% for…

A: We have given principal amount  , rate of interest and time period and we have to find out interest…

Q: You want to buy a 5 year bond with a maturity value of $8,000, and you wish to get a return of 5.5%…

A:

Q: mount Financed = 163,300 Interest Rate = 7.25% Term of Loan (years) = 15 Table Factor (in $) = 9.

A: Given,      Amount Financed        = 163,300  Interest Rate             = 7.25%  Term of Loan…

Q: 1. My friend charged 38/- interest for a one month loan of 500/-. Find the annual interest rate he…

A: Finding the annual interest rate

Q: As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI…

A: PI= $1995.28 PITI= $2720.20

Q: Use a calculator to evaluate the present value of an annuity formula for the values of the variables…

A:

Q: 1. A loan of P200,000 is to be repaid in full after 3 years. If the interest rate is 8% per annum,…

A: We will answer the first question only as we don't answer multiple questions at a time. Please…

Q: 2. Mr. Ablan borrowed P25, 000 to start a market stall, at 14% simple interest. If he paid P10,000…

A: Given that Mr.Ablan borrows P25,000 at 14%S.I. and pays back P10,000 after every six months. (a)…