Dana bought a bicycle on an installment basis by paying P1, 000 downpayment and the balance at P500 a week. How long will it take her to pay for a bicycle costing P7,500? Write your answer in the form: n weeks e.g. 2 weeks.

Q: Jontell needs surgery on her foot. Assume that she has insurance and the surgery cost $5,000 and she…

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Q: Miguel purchased a hot tub costing $5,010 by taking out an installment loan. He made a down payment…

A: Cost of hot tub=$5,010 Down payment=$1,300 hence the loan amount=$(5030-1300)=$3730 Payment each…

Q: Carl purchases a $399 car stereo at worse time he paid $37 at the time of purchase and agreed to pay…

A: Given that Carl purchases a $399 car stereo at worse time he paid $37 at the time of purchase. Then,…

Q: Mark borrowed $18,742 to help pay for expenses. If the loan carries an annual interest rate of 3.9%…

A: From the given information we find the monthly payment.

Q: Margo borrows $2000, agreeing to pay it back with 2% annual interest after 8 months. How much…

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Q: Rocco borrowed a total of $5000 from two student loans. One loan charged 3% simple interest and the…

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Q: Mustafa contributes 15% of his $67,200 annual salary to his 401(k) plan. What is his pretax income?

A: Given that Mustafa’s annual salary is $67,200 he is contributing 15% of his annual salary to his…

Q: Lenese is buying new furniture at Discount Furniture Mart because they are offering to finance her…

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Q: Jane makes $85,000 per year less 26% in taxes and deductions, what is her monthly salary?

A: The objective is to find the monthly salary of her.

Q: Moira borrowed $8,700 from her grandfather to pay for her first year of college. Five years later,…

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Q: Michael wants to buy some exercise equipment for his home for $336000 financed at an annual rate of…

A: Amount Micheal has to pay per month is calculated as shown below

Q: 6. Ming purchased a car that had a purchase price of $5,400, which included all other costs and tax.…

A: We have to calculate the extra amount paid by ming.

Q: 1. Alex opened a savings account and initially deposited Php2000. She decided that her monthly…

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Q: Moira borrowed $3,500 from her grandfather to pay for her first year of college.  Four years later,…

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Q: To finance her community college education, Sarah takes out a loan for $2900. After a year Sarah…

A: Given that, Sarah takes out a loan for $2900 to financeher communinty college education.After a year…

Q: To pay for a $23,800 car, Dante made a down payment of $3600 and took out a loan for the rest. On…

A: Given : Down payment = $3600 Loan Principal amount = 23800 - 3600 = 20200 Loan period = 12*5 = 60…

Q: Bella bought a living room suite for P85 000.00. She agreed to pay in 5 months at 12% simple…

A: We are authorized to answer one question at a time, since you have not mentioned which question you…

Q: Sammy wants to buy a new stereo price at $443 he enters into agreement to pay $22 a month for 24…

A: Cost of New Stereo = $443 He will pay $22 a month for 24 months to buy the sterio. Calculating the…

Q: Instead of paying $20 per month, you decide to increase it to $50 per month.  How much will you owe…

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Q: Jane Doe has a job in Detroit, MI, that pays $45,550 per year.  How much can she afford to spend…

A: Given that. Salary per year =  $45,550 Set budget = 15% of monthly take home pay.

Q: Alan borrowed $30,000 from Janet due in five years at 10% monthly. Two years after the debt is…

A: Present value = future value/(1+r/m)^(m*n) Given  Future value =$30000 r=10%  n=5 years m=12

Q: Donna borrowed 10,500 at a simple intrest rate of 4% for 3 years to buy her new car. How much…

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Q: Kachina Caron invested $1800 in a simple interest account and earned $36 in 3 months, what is the…

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Q: Yu-Feng Liang bought a used car for $8000. He made a down payment of $1000 and paid off the balance…

A:

Q: Sue purchased a $17,000 life insurance policy at the price of $48 per $1000 of coverage. If she pays…

A: Introduction:If total coverage = P and the policy price = $r per $1000.thentotal policy cost = r x…

Q: To buy a minivan you can pay $16,000 cash or put down $4750 and make 24 monthly payments of $551.50.…

A: To determine the total interest paid over 24 months.

Q: Francisco borrows $870 from his parents and agrees to pay them back the same amount each month…

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Q: Jefferson borrowed $4000 for his college tuition at an annual simple interest rate of 5.5%. When he…

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Q: Sergio applied for a job with a starting pay rate of $8.00 per hour. The manager who hired him said…

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Q: The total intrest that she paid on the loan was $270.

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Q: To purchase $14,200 worth of lab equipment for his business, Manuel made a down payment of $1300 and…

A: To answer the following questions

Q: Margo borrows $500, agreeing to pay it back with 8% annual interest after 211 days. How much…

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Q: To pay for an SIK,600 motorcycle, Raina made a down payment of $4700 and took out a loan for the…

A:

Q: Janina purchased a laptop priced at Php25000. She put Php4500 as downpayment and made equal monthly…

A: Given That, Janina Purchased a laptop priced at Php 25000. She put Php 4500 as a down payment and…

Q: How much should be the Engineer borrow from a bank that charges 10% simple discount for 6 months if…

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Q: The cost of a particular private school inclues a one-time initiation fee of $2,000, plus annual…

A: It is given that one-time initiation fee is $2,000 and annual tuition fee is $10,000.The initiation…

Q: Tom has just started a new job. the company has promised him that he will receive a 5% raise in 6…

A: Topic:- Algebra

Q: John bought a recliner priced at $500, which was financed for $30 a month for 24 months. What is the…

A: In this question we have to find how much is the finance charge.

Q: Bailey received a loan of $13,690 from her friend. If she was charged the interest amount of $965 at…

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Q: You purchase a car for $12000 and agreed to pay it off in 48 monthly payments of $365 each. What…

A: Given Information: You purchase a car for $12000 and agreed to pay it off in 48 monthly payments of…

Q: to finance her community college education, Marguerite takes out a stafford loan for $2100. After a…

A:

Q: Maddy Brown needed​ start-up money for her landscape service. She borrowed $11,000 for 42 months and…

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Q: Three months after lending money, James received an interest payment of 5 points PHP 812.50. How…

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Q: Margo borrows $1100, agreeing to pay it back with 3% annual interest after 16 months. How much…

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Q: 1) Mr. Ang's money became Php165,000 @ the end of 10 months. If the bank pays 12% annually, how much…

A: Given that,  Mr. Ang's money became in 10 months Php 165000 at the rate 12% annually. Let the…

Q: To pay for a $22,900 car, Chau made a down payment of $3200 and took out a loan for the rest. On the…

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Q: Chandler takes out a loan for $2,400. The loan length is 18 months at 6.5% and the monthly payment…

A:

Q: Sammy wants to buy a new stereo priced at $403. He enters into an agreement to pay $21 a month for…

A: Sammy wants to buy a new stereo priced at $403. He enters into an agreement to pay $21 a month for…

Q: Jasper works at Panera Company for $11.25 per hour plus a commission of 2% of her sales. Assuming…

A: Jasper workers at Panera company with $11.25 per hour and commission of 2% on sales. The amount for…