B. Read the following statements. Write A if the statement is true, otherwise, write B. 11. Simple interest is interest in which only the original principal bears interest for the entire term of the loan. 12. The future value can be found by adding all the interest earned.

Q: 14) Ben wants to buy a $95,000 house He plans to pay $15,000 down and make monthly payments for 25…

A: simple interest formula:S.I=pnr100 p=principal amountn=nummber of yearsr=rate of interest

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A: Given: P = $ 7500 r= 13% Time period in days, n = 136 (not including the due date)

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

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A: Note that, her time t is t=65-25=40 years

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Q: What interest would be charged on a loan of $3000 at 4% interest for 1 ½ years?

A: Given information,

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Q: Ruqaiya borrows $1929 at a simple-interest rate of 6% for 6 months. Then the Discount will be: O…

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Q: If the principal amount borrowed is $100 and the interest for 10 years is $80, the total amount owed…

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A: P=$3100r=8%⇒r=8100=0.08t =15 months⇒t=1512=1.25  in years   formula: I=Prt

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A: We can make it easier for you.

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Q: Ruqaiya borrows $1929 at a simple-interest rate of 6% for 6 months. Then the Discount will be: O…

A: Consider the given information:

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Q: Use a calculator to evaluate the amortization formula -nt for the values of the variables P, r, and…

A: The given formula is m=Prn1-1+rn-nt. The given values are P=$14,000, r=5%=0.05, t=9 and n=12.

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A: NOTE: Refresh your page if you can't see any equations. . the cost of the house is $95000 and the…

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A: Since you have posted multiple questions and we can answer one question. So, answering the first…

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A: Given that  Mr. and Mrs. Smith have just purchased a $1,200,000 home  Down payment made = 20% of…

Q: h into a Stock mutual fund that d yearly over 25 years. utual fund after the 25 years?

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