A loan is used to purchase a new truck. the total price of the truck

Q: A trader gives a 5% discount for cash payments. What cash discount will he give on a bill of…

A: The expression: "p% of q" is same as p100×q.

Q: Vermae borrowed PhP 5,500 to her friend and agrees to repay it in 90 days with 5% annual rate. If…

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Q: Callie calculates the monthly payment is $578.92 for a 30 year $255.00 mortgage with a 3% rate. With…

A: Given : The monthly payment is $578.92 for a 30 year $255.00 mortgage with a 3% rate.

Q: Lynn needs to borrow $5500 for cosmetic surgery. She obtains a loan from her grandmother for 48…

A: Given: Lynn borrows a loan for cosmetic surgery of $5500 at simple interest rate 7.3% for 48 months.

Q: in order to start a small business a student takes out a simple interest loan for $4000 for nine…

A:

Q: You want to buy a $256,000 home. You plan to pay 10% as a down payment, and take out a 30 year loan…

A: We need to find payments.

Q: Jungkook purchased a new car under these terms: 800,000 php downpayment and 17,500 php each month…

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Q: Arianna has put $37,600 into a retirement fund. The fund has an estimated annual return of 10%. If…

A:

Q: You want to buy a home.  You can borrow 80% of the purchase price.  Assuming that you can make a…

A: Given that    You want to buy a home.  You can borrow 80% of the purchase price.  Assuming that you…

Q: You want to buy a Car for $28,000 dollars. The bank gives you the option of 3% interest over 4 years…

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Q: You want to buy a Car for $20,535 dollars. The bank gives you the option of 3% interest over 4 years…

A:

Q: Trevor plans on getting a $222,000 loan for 30 years to purchase a home lender a offers him a 5%…

A:

Q: Find the savings plan balance after 12 months with an APR of 2​% and monthly payments of ​$100.

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Q: You take out a 50-day single-payment loan for $910 with an interest rate of 19%. Find the amount of…

A: using :- simple interest = P×R×T

Q: Used-car financing of $100,000 for 20 months at 8.75%. what is the monthly payment

A: Given: The principal amount to be financed is P=$100,000 for t=20 months at the interest rate of…

Q: You buy a car for$12000 on simple interest at 6% for 5 years. You will be financing the car plus…

A: You buy a car for$12000 on simple interest at 6% for 5 years. You will be financing the car plus…

Q: A bank makes a car loan of $27,700, at 5.3% interest and with a loan period of 3 years. What is the…

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Q: 4. Joe buys a new laptop for $675 and pays for it over two years with 3.% simple annual interest.…

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Q: loan

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Q: After becoming a commercial pilot, Lorna Kao decides to purchase a Cessna 182 for $64,775. Assuming…

A: To answer the following

Q: If you purchase a $600 item and pay for it with monthly installments for 2 years, the monthly…

A:

Q: PETER PAID 50,000 IN 2.5 YEARS. HE BORROW P40,000 what is the simple interest?

A: In total Peter paid = P50000  Time to pay back = 2.5 years Peter borrowed = P40000

Q: It cost $200,000 to put a kid through college.  How much money would you have to deposit monthly…

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Q: You purchase a new car for $19,500. If you borrow $19,500 for 5 years with an interest rate of 5%…

A: Given P=$19500 r=5%=0.05 t=5 years

Q: Find the simple interest rate of the principal of Php. 15,000 with simple interest of Php. 30,000…

A: Given Principal (P)= Php15000 Simple interest (SI)= Php30000 Time (T) = 5 years

Q: The cost of a home is financed with a $160,000, 30- year fixed-rate mortgage at 4.2%. The monthly…

A:

Q: The new balance of a charge account is $145.00. The minimum payment is $30.00. If the interest rate…

A: Step:-1 Given new balance is $145.00 Minimum payment is $30.00 Left balance to be paid =…

Q: A consumer buys a used car for $16000 with monthly payments of $300, an annual interest rate of…

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Q: Curtis bought a condominium for $319 000 and made a down payment of $64 000. The annual interest…

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Q: 2. Abel purchased a ranch worth P400,000. It is to be paid in four years with each annual payment…

A: The solution are next step

Q: Todd and Nate want to buy a $257,000 home. They plan to pay 5% as a down payment, and take out a 30…

A: Since you have posted a multi subparts question according to guildlines I will solve first three…

Q: Olivia wants to pay her student tuition and fee in four annual payments: 6,000TL, 8,000 TL and…

A: Olivia wants to pay her student tuition and fee in four annual payments: 6,000TL, 8,000 TL and…

Q: payday loan store charges $50 for a one-month loan of $180. What annual interest rate is this…

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Q: Rafaela takes out a 4-year simple interest car loan for $15000 at a 3% interest rate. Is she does…

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Q: Ana nec a loan of Pnp120. 000.00 for 15 montns ana paia Pnp360.00 interest. What was the simple…

A:

Q: Pandemic Bank charges 4% for discounting loans. If Super Tekla agrees to repay 3,000 in 6 months,…

A: "Since you have asked multiple questions we will solve first question for you. If you want any…

Q: Divya has a 30-year mortgage for $248,000 with a 3.8% fixed annual interest rate. What is the total…

A: Basic simple interest problem of algebra. Here option (C) is correct the solution is provided below

Q: luis mahia purchases a porsche boxster for $45,600 and finances the entire amount at an annual…

A: Given Luis mahia purchases a porsche Boxster for  $45600 and finance the entire amount at an annual…

Q: The finance charge that a student pays on his credit card is 18.4% APR (annual percentage rate).…

A: As per given by the question, there are average balance for the year is $5000 with 18.4%ARP. Now,…

Q: a repa

A: Kara makes a monthly payment of = $175

Q: Your friend buys a $15,000 car. Your friend is financing the purchase with a loan at 3.6% with…

A: According to the question, The principal amount P=$15000. The rate of interest r=3.6% The time taken…

Q: Find the savings plan balance after 6 months with an APR of 4​% and monthly payments of ​$100. The…

A:

Q: You want to buy a $241,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan…

A: The total price of the home is $241,000. The down payment will be 15% among the total price.  Rest…

Q: You want to buy a $257,000 home. You plan to pay 15% as a down payment and take out a 30-year loan…

A:

Q: In order to start a small​ business, a student takes out a simple interest loan for ​$9000.00 for 6…

A:

Q: Ryan bought a $255,000.00 house, paying 10% down, and financing the rest at 7% interest for 15…

A:

Q: Graduation is in 5 years and you want to have $850 available for a trip. If your bank is offering a…

A:

Q: A man bought a Ford vintage car for P210,000 on installment basis at the rate of 12% per year…

A: A man bought a Ford vintage car for P210,000 on installment basis at the rate of 12% per year…

Q: Vic bought a new plasma TV for $1800. He made a down payment of ​$500 and then financed the balance…

A: Given,           Vic bought a new plasma TV for $1800. He made a down payment of ​$500 and then…