A loan of $6,500 is given at 7.2% annual interest. If it is paid back monthly over five years, how much is paid each month? 107.43 111.45 a. b. с. d. 115.75 129.32 е. 123.23

Q: What is the simple interest rate of $290, 12.5%, 6 months

A:

Q: You own a home that was recently appraised for $330,000. The balance on your existing mortgage is…

A: Find potential amount

Q: (a) Assuming no withdrawals are made, how much money is in Charlie's account after 3 years? (b) How…

A: Present Value of the Bonus = $1900 Interest rate (r) = 1.29% The interest is compounded monthly The…

Q: 1. How much interest is earned when an amount of 100,000Php is invested with annual interest rate of…

A: Let P amount is invested for t years with simple interest r%. Then total interest earned in t years=…

Q: 1. The simple interest charged on a 60-day loan of Php 8,400.00 is Php 119. Find the simple interest…

A: Use simple interest formula

Q: What single payment today would replace a payment of $2,300 in 2 years and a payment of $4,000 in 4…

A:

Q: calcular 2/7 de 120.000 pesos

A: we have to find 27 of 120.000 pesos

Q: 5. If an interest rate is 4%, what is this as a decimal? * (1 Point) O 0.04 O 0.4 O 4 O 0.004

A: For a interest rate x%, in decimal form it is x100=0.0x

Q: 1. If your adjusted gross income is $58,453 and your are single, how much do you owe in taxes?

A:

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: What daily interest rate equals a quarterly interest rate of 8%? Give your answer as a decimal…

A: In this case we have to find out the interest rate using equivalence relationship so I'm providing…

Q: Assume that 3-month Treasury bills totaling $33 billion were sold in $10,000 denominations at a…

A:

Q: Discount ₱15,800 for 11 months at 14.25%simple interest.

A:

Q: What monthly interest rate equals a quarterly interest rate of 4%? Give your answer as a decimal…

A: First we have to know that number of times intrest applied per year in monthly and quarterly intrest…

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: A credit card has an APR of 32.47%, and its billing cycle is 30 days long. What is the credit card's…

A: Given: APR or annual percentage rate = 32.47% billing cycle: 30 days Annual percentage rate means…

Q: To help with a down payment on a home, Manuel is going to invest. Assuming an interest rate of 1.68%…

A:

Q: If I can afford $420 a month for a car over the course of 6 years with an interest rate of 6.9% how…

A: If I can afford $420 a month for a car over the course of 6 years with an interest rate of 6.9% To…

Q: A guidebook says that one night at a mid-range hotel in Capital City, Republica costs between $25 US…

A: Disclaimer: Since you have asked multiple questions, we will solve the first question for you. If…

Q: If an amount of $2371 is borrowed at a simple-interest rate of 5% for 6 years. Then the simple-…

A: The formula for simple interest is given by SI=PRT100 where P is principle, R is rate and T is the…

Q: The financial officer of Toys and Noise arranges a loan of $6,500, at 8.5% Interest, for 35 months.…

A:

Q: The average inflation rate of the U.S. dollar over the last six years is 2.8% per year.  If a new…

A: Given inflation rate r = 2.8% = 0.028 Price of new car six year ago = P = $29,000 Time period t = 6…

Q: 5. After 28 years of 2.9% interest compounded semiannually, an account has $1,119,656.69. What was…

A: The compound interest formula is given as A=P1+rnnt where P is the principle amount , r is the rate…

Q: 10. A firm borrows 2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount…

A:

Q: 2. The average price of a compact car is $20,000. If the value of the car depreciates an average of…

A: Given: The average price of a compact car is $20,000.

Q: An amount of $2614 is borrowed at a discount interest rate of 8% and the length of the loan is 4…

A: Borrowed amount =  $2614 is borrowed at Discount interest rate = 8% and the length of the loan is 4…

Q: An annuity will make a payment every two months, starting two months from now. If the yield rate is…

A: To find the price of annuity when given that the payment is made every two months, interest rate is,…

Q: Calculate how much needs to be invested in a no-load mutual fund that yields 5% if $28,750 is needed…

A:

Q: If an entrepreneur applies for a loan amounting to 750,000 php in a bank; the simple interest of…

A: Given p=750000, simple interest=157000,t=3years

Q: An amount of $1735 is borrowed at a discount interest rate of 4% and the length of the loan is 6…

A: The solution is given below

Q: If the interest on a loan amount $3500 for 1 years is $132. Then the rate of interest is O 2.65%…

A:

Q: month

A:

Q: If an amount of $1650 is borrowed at a simple-interest rate of 4% for 5 years. Then the…

A: Given Principal=P=$1650  Rate=R=4% Time=T=5years

Q: Suppose that on November 1, 2021you have balance of $12,000 on your credit card, which you want to…

A: Given principle amount =12000$ ApR=15.99%

Q: 3. If you start a bank account with $33,000 and your bank compounds the interest quarterly at an…

A:

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

A:

Q: A company issues 5, 00,000, 10% debentures at a discount of 5%. The cost of floatation is Rs.…

A: First, calculate NP: NP=5,00,000-25,000(discount) – 30,000(cost of floatation) ⇒NP=4,45,000…

Q: The net price equivalent rate (in decimal form) of the chain discount 8/10/16 is:

A: Given. We need to find the final price of an article after successive discount of 8, 10 and 16%.

Q: Kering Credit Union offers a 10-year Certificate of Deposit (CD) with a 3.5% Annual Percentage Rate…

A:

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: Discount ₱16,400 for 5 years and 3 months at 9 7/8%simple discount.

A: We have to discount the given amount.

Q: 5. 6. Savings Account YA 350 (4, 300) 250 100 2 150 0. 4 Time (weeks) Balance (dollars)

A: see below the answer

Q: 1. At 10% interest rate, how much should you invest today to be able to withdraw Php10,000.00…

A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

Q: 4.b) A debt of RM 720 on 30 November 2018 will amount to RM 750 on 20 February 2019. What was the…

A: A debt of RM 720 on 30 November 2018 will amount to RM 750 on 20 February 2019. We need to find the…

Q: loan of 200,000 is to be

A: Given that a loan of 200,000 is to be repaid in full after 3 years. If the interest rate is 8%per…

Q: A laptop was bought for 10,000 php plus a monthly installment of 4,500 php scheduled to be paid at…

A:

Q: You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a…

A: Credit card balance = $ 3589.90 Credit limit = $ 5000

Q: How much is the maturity value if 14,500 is placed in an account earning 6.25% simple interest for…

A:

Q: Calculate the annual interest for a $10,000 Treasury bond with a current yield of 4.4% that is…

A: Find the annual interest for a $10,000 Treasury bond with a current yield of 4.4% that is quoted at…

Q: A certain bank pays 3.4% interest per year for a certificate of deposit, orCD. What is the total…

A: Initial payment= P= 1250 Interest rate =r= 3.4%= 0.034 Time= t = 18 months = 18/12= 1.5 years  Final…