Dobby borrowed $5,000 to start a foundation for recently freed house elves. He gets a 3.25% interest rate and pays the money back over 6 years. How much does Dobby owe the bank in total?

Q: Hannah has $33,292 in a savings account with simple interest. If she deposited $28,700 two years…

A: NOTE: Refresh your page if you can't see any equations. . here we have  A=33292 P=28700 t=2 years

Q: Bob deposited $15,000 in a CD for 3 years paying 4.33% simple interest. How much total interest will…

A: Given: Bob deposited $15,000 in a CD for 3 years paying 4.33% simple interest.  Find the total…

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: Your roommate asks to borrow $500 and agrees to pay it in 45 days with interest rate of 4%. How much…

A: Given  : P = Principal value = $500 r = Interest rate = 4% =0.04 t = time in years = 45365

Q: Anna's employer covers 80% of the cost of a $5700-per-year health insurance plan, and her share of…

A:

Q: the

A:

Q: Scott took out a 72 month loan for $35.000 to purchase a new boat. If Scott paid $8,925 in simple…

A:

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

A:

Q: Nanette buys a $5000 20-year bond that has a coupon rate of 2.5%.If she keeps the bond to…

A: We have to find

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

A:

Q: Jacqueline took out a $30,000 student loan with a fixed interest rate to pay for college. Jacqueline…

A:

Q: A loan of $10,967 was repaid at the end of 18 months. What size repayment check (principal and…

A:

Q: Michelle Payne deposited $12,000 in a savings account paying 6.25% simple interest. How long (in…

A: Let it will take t years to be a amount of $12,000 deposited in a accountunit 6.25%.Simple interest…

Q: Hui purchased a 91-day T-Bill that has a face value of $1000 and an interest rate of 4.00% p.a. a.…

A: Given, Interest Rate R=4.00%=0.04 Face Value = $1000 91 days T-bill

Q: MIKE DEPOSITED ON MARCH 12, 2020 AT 10.5% SIMPLE INTEREST. ON SEPTEMBER 8, THE FUND ACCUMULATED TO…

A: Given- Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, the fund…

Q: and 6 months,

A: Introduction: Simple interest could be a fast and straightforward technique of calculative interest…

Q: Georgia purchased a new laptop, which was advertised for $950. She bought it on the installment plan…

A: Given : Price of laptop  = $950, Payment at the time of purchase = $60 Interest rate  = 12% Time  =…

Q: Bob Rohrman is offering a 2016 Toyota Camry for $29,000. If you have a $5,000 down payment and are…

A:

Q: Dr. Grant borrowed money from his friend with simple interest of 12 %, find the present worth of P…

A: Future Amount (F) = P50,000 interest rate (i) =12% number of months (n)= 9 months

Q: Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

A: Given Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

Q: takes the loan for a year, what will be his monthly payment to the nearest penny to repay the loan…

A: The datas given in the question are  Principal=$450 Interest rate=9.9 Time period=1 year

Q: Margo borrows $1900, agreeing to pay it back with 5% annual interest after 11 months. How much…

A: Given data, Borrowed amount (P) = $1900 Annual Interest (R) = 5% = 0.05 Time (T) = 16 months = 11/12…

Q: Dylan deposited $4,000 in a 3-year CD account that pays 3.08% interest, compounded weekly. What is…

A: Use formula of compound interest weekly.

Q: You took out a loan of $8,000 in 2015 at an interest of 6% simple interest. What is the total amount…

A: We have to solve the given question.

Q: The interest rate on an $859.50 debt was 104%. For how many months was the loan outstanding if it…

A: Given: The interest rate on an $859.50 debt was 1014%. Find for how many months was the loan…

Q: rett put a $410 item on layaway by making a down payment of 16% of the purchase price. How much does…

A: A down payment is an initial payment made by a buyer for the purchase of an item or service on…

Q: Jenn borrowed $900 from her sister at a simple interest rate of 1.5%. If Jenn will pay back her loan…

A:

Q: a man buys a car for 34,000 if the interest rate on the loan is 12% compund monthly and if he wants…

A: Given that  a man buys a car for 34,000 if the interest rate on the loan is 12% compund monthly and…

Q: Mr. Sun borrowed $15,600 for 54 months at simple interest to pay for a new swimming pool. If Mr. Sun…

A: Given, P=$15600 T=54/12=4.5yrs Rate=R

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

A:

Q: Daniel paid $825 simple interest on a $1,400 loan for 5 years. What was the interest rate?

A: Here we have to find the interest rate i.e 'r'.

Q: A loan company charges $50 interest for a one month loan of $1000. Find the annual interest rate…

A:

Q: While buying a new car, David made a d payment of $1,100 and agreed to make end payments of $230 for…

A: Given- Down payment = $1,100 End payments of $230 for the next 4 years and 4 months. Interest rate…

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

A:

Q: Susie is paying $577.02 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: The formula used to calculate the EMI (monthly instalment) for a loan is: EMI = P×r×1+rn1+rn-1 Here:…

Q: Kyle took out a loan at a simple interest rate of 6% for 10 years. He ended up having to pay $12,000…

A:

Q: Stefan borrowed $8,950 for an engagement ring. At a 6.85% simple interest rate, how much total will…

A:

Q: Mr. Smith borrowed $26,000 to purchase stock for his baseball card shop. He repaid the simple…

A:

Q: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

A: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

Q: To buy a car, Sophia borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much…

A: Sophia borrowed $15,000. Time is T= 3years. The rate of interest is r=9%. The objective is to find…

Q: Jacqueline took out a $30,000 student loan with a fixed interest rate to pay for college. Jacqueline…

A: The amount of loan she took P1 =  $30,000  The current loan amount balance P2 = $56,000   Percentage…

Q: Johnny borrowed 15,000 from a lending company with annual simple interest rate of 9.5%. If hhe had…

A: The formula for the amount of simple interest after t years is: A=P+Prt100 Here, P is the principal…

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

A:

Q: Park bought a house 15 years ago, taking out a $140,000 mortgage at 6% interest for 30 years, making…

A:

Q: Nicholas Thomas deposits $23,1000 in his school credit union for 14 months. If the credit union pays…

A: Definition used -               Amount of compound interest -                  A=P(1+r)t…

Q: Steve Carrell has agreed to deposit $200 into a fans bank account on their 20th birthday and to…

A: Given : Steve Carrell has agreed to deposit $200 into a fans bank account on their 20th birthday and…

Q: Melissa Hernandez received an 8-year subsidized student loan of $28,000 at an annual interest rate…

A:

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…

Q: Debi borrows money from a bank at 7% simple interest.  She borrowed $8,500 for 4 years.  If she pays…

A:

Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.