Find the discount if $2,000 is discounted for 6 months at 8% discount rate.

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: Twenty years after purchasing shares in a mutual fund for $5900, the shares are sold for 11,300. The…

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

Q: A fuel company charges monthly finance fees of 1.6 percent for the first $500 due and 0.4 percent…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: If the cost of a product is $315.00 and it has a 30.00% margin, calculate the selling price of the…

A: Cost (C.P)= $315 margin  =30%

Q: A pair of in-line skates is on sale for $90. If this represents a 9% discount from the original…

A: We have to find the original price of a pair of skates.

Q: a note with a face value of 9000 was discounted at 5% , if the discount was $185, find the lenght if…

A: In bank discount rate we generally use 360 days for one year.

Q: A boutique buys some merchandise with a list price of $3,800. If the wholesaler extends a 40% trade…

A:

Q: If you pay your friend 15$ each month for 20 months to repay a loan, what is the total cost of the…

A: Explanation of the answer is as follows

Q: A house and lot with the original price of ₱2,300,000 was sold at a discount price of ₱2,150,000.…

A: The formula to calculate the discount rate is Discount %=discountoriginal price×100%.

Q: Susie is paying $589.35 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Consider the given question,Total mortgage value = $150,000 Monthly payment of Susie = $589.35Total…

Q: Steph took out a simple interest loan that charges 8.5% interest annually. If her original loan…

A: Given: Loan amount is, P=$30000. Simple interest rate is, r=8.5%. Number of years, n=20 years. The…

Q: If you can afford to make payments of $350 per month for four years. What is the largest amount of a…

A: Given Monthly payment(P)=$350Annual Percentage Rate(APR)=5%n=4 years=48  monthsNow use the…

Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

A:

Q: A payday loan company charges a $90 fee for a $600 payday loan that will be repaid in 20 days.…

A:

Q: Jay and Sybil are purchasing a home. They wish to save money for five years and purchase a house…

A:

Q: If you make $400 in simple interest on an investment at 8% for 5 years, what is the amount of the…

A:

Q: THe washingtons buy a studio apartment for $240,000.00, what percentage down payment is 12,000.00?…

A: topic - percentage

Q: Find the simple interest on a loan of 12,500 that is borrowed at 9% for 7 months.How much would it…

A: This question related to simple interest and solution is given below.

Q: A Jacket priced at 50% is placed on sale at a discount of 20%. If the discounted price is then…

A:

Q: a car costs $12500 and youre offered a loan that requires $800 down and a monthly payment of 228.29…

A: Monthly payments of 228.29 for 66 months contribute to 228.29*66 = 15067.14   And 800 down payment.…

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: A three month $7600 T-Bill carries a discount of $80.75. What is the discount rate for this bill?

A: A three-month $7600 T-Bill carries a discount of $80.75. What is the discount rate for this bill is…

Q: If the markup on an item is 25.00% of its selling price, calculate the markup as a percentage of the…

A:

Q: Sammy wants to buy a new stereo priced at $413. He enters into an agreement to pay $20 a month for…

A:

Q: A dress is on sale for $120. What was the original price of the dress if the discount was - of

A: Given: A dress is on sale for $120. Discount on dress = 14

Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…

A: Given,       the cost price of the necklace is $259       the discount given on the necklace is $19

Q: If a car priced  at $17,305 is offered for nothing down with 60 monthly payments of $397.63, what is…

A: Given Information -  Cost of the car = $17,305 Monthly payments to clear the debt = $397.63 Number…

Q: Sammy wants to buy a new stereo priced at $436. He enters into an agreement to pay $21 a month for…

A: GIVEN: Sammy wants to buy a new stereo priced at $436. He enters into an agreement to pay $21 a…

Q: An auto dealer advertised a down payment of $1,500 on a Mustang valued at $19,400. What is the…

A: we are given the Amount of down payment of Mustang= $1500                             Cost of down…

Q: A bond was purchased on January 1, 2016 for $750. If its value increases by 8.2 % every year, how…

A:

Q: interest and agreed to pay it off over a 2 year period, how much would your monthly payment be?

A:

Q: How much interest will Roxanne have to pay if she borrows $1000 for 2 yr at a simple interest rate…

A:

Q: What interest will be charged on a $1200 loan for 9 months if the rate is 12%simple interest

A: In the given question we have to calculate the simple interest on $1200 loan for 9 months at the…

Q: Jake borrows $2,500 at an interest rate of 15% a year. If he repays the loan in 2 years, how much…

A: Assuming the simple interest, Interest = PRT/100 Where P= principal R = rate T = time

Q: Susie is paying $531.8 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Consider the given question,Total mortgage = $150,000 Monthly payment of Susie = $531.8Total time of…

Q: On January 1, 2009, Deandre owed $9,230 to his friend Mariah, who was kind enough not to charge…

A: Introduction: It can be assumed that Person D payed some amount back to Person M for each of the 12…

Q: If I have $500 in my account after 4 years of investing at 2.5% per year, how much money did I start…

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: If a shirt is normally priced at $80 and sold for $35, what is the discount rate? Your answer

A:

Q: A car dealer will sell you the $15,174 car of your dreams for $4090 down and payments of 313.55 per…

A: Given Information -  Cost of the car = $15,174 Down payment = $4090 Monthly payment = $313.55 Number…

Q: A car dealer will sell you the $16,150 car of your dreams for $3,290 down and payments of $338.97…

A: Let the APR (annual interest rate ) be r . r is determined in the following steps

Q: How much will you pay on interest if you buy a $217k home on 3.5% interest with monthly payments on…

A:

Q: Discount 1000 for 9 months and find the discount.  At 5% simple interest At 5% simple discount

A: Here P=1000, t=9 month=912=34year r=5%=0.05 simple interest. d=0.05 simple discount.

Q: Patty took out a payday loan for $700 due in 2 weeks that charged a $140 fee. What is the periodic…

A: We can find the annual  rate of interest as follows

Q: Discount $1,000 for 9 months and find the discount. at 5% simple interest and at 5% simple discount

A: Given the principal amount P = $1000. The time period t = 9 months = 912 years. Simple interest rate…

Q: Alex Montague needs $6500 to finish his basement. Find the face value of a simple discount note that…

A: Alex Montague needs $6500 to finish his basement. Given Time T=200 days=200365year Discount rate…

Q: A dress is on sale for $86.  What was the original price of the dress if the discount was 1/3 of the…

A:

Q: A cordless telephone that is regularly priced at $50.00 is discounted $10.00. What is the discount…

A: Given  Telephone price=$50.00 Discount =$10.00

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…