Find the future value of the loan of $700 at 4.25% for 7 months O $71893 O $717.35 OS0825

Q: Find the savings plan

A: We have to find the savings plan balance .

Q: Find the future value of an ordinary annuity with a regular payment of P1,000 AT 5% interest rate…

A: Formula of Future Value of an Ordinary Annuity: F=P×1+IN-1I where F= Future value P= Payment amount…

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) New-car financing…

A: Introduction -  Monthly payment formula  A=P(r(1+r)n)(1+r)n-1 where, A=payment amount per period…

Q: Find the amount of an annuity that consists of 16 quarterly payments of $300 each into an account…

A:

Q: Find the payments necessary to amortize each loan. $2500, 16% compounded quarterly, 6 quarterly…

A: Given, r=16% =0.16 P=$2500 n=6 A=Pr1+rn1+rn-1

Q: If you lend $4000 to a friend for 15 months at 8% annual simple interest, find the future value of…

A: Given: P=4000r=0.08n=1512 The formula for future value: FV=PV1+rn

Q: Laurie Carron borrowed $16,000 at 14% ordinary interest for 88 days. On day 30 of the loan, she made…

A: Given that, the loan amount is $16,000, rate of ordinary interest is 14%, duration of the loan is 88…

Q: Find the present and future value of an ordinary annuity for 50, 000 quarterly investment at a 3%…

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Q: Find the future value of this loan. $21,415 at 4.9% for 7 months The future value of the loan is $

A:

Q: What are Jeffery's monthly

A: Given: Jeffery Wei received a 6-year non-subsidized student loan of $31,000 at an annual interest…

Q: Find the amount of an annuity that consists of ten annual payments of $1000 each into an account…

A: Given: Annual payment = R = $1000 Interest rate = i = 6% = 0.06 Number of annual payment = n =10

Q: find the future value of the following loan. Assume simple interest  $4000 for 8 months; money…

A:

Q: uppose Jesse deposits $500 every month for 30 years into an IRA earning ompounded monthly. What…

A: Topic:- algebra

Q: Find the amount of simple interest on a loan of $4,500 at 9% interest for 12 years. O $427.50 O…

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

Q: Find the future value of an ordinary annuity with $200 payments made at the end of each month for 10…

A:

Q: Calculate the simple interest due on a 45-day loan of $1600 if the interest rate is 8.7%

A: P=principle=1600r=interest rate=8.7%=0.087t=time=45 day=45365 yearI=interest

Q: If you lend $3800 to a friend for 15 months at 10% annual simple interest, find the future value of…

A: We know:- Simple interest = PRT ⇒P=initial amount ⇒R=Rate of interest⇒T=Time in years

Q: find the future value of an ordinary annuity if it pays an amount of $11,264 at an interest rate of…

A: Given : Payment amount , P = $11,264 Interest Rate , r = 0.092 Time , n = 17 years

Q: Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary…

A: The future value of the annuity is given as:

Q: the monthly payments necessary on a 5 year loan of $40,000 at 4.75%

A:

Q: Mustafa purchases an annuity due paying 5% quarterly. If his payment is $9651, how much will its…

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

Q: Find the future value of a deposit of $2000 for 10 years with 10% for the following: a Comnounded…

A:

Q: If you lend $3300 to a friend for 15 months at 8% annual simple interest, find the future value of…

A: Given that, Present value, P = $3300 rate, r = 8% annually = 0.08 time, t = 15 months = 15/12 years…

Q: Find the amount of an annuity that consists of 24 monthly payments of $500 each into an account that…

A: Monthly payment= R= $500 Number of payments = n= 24   Interest = r=i/n= 8%/12 = 0.08/12

Q: Find the monthly payment for the loan. Round to nearest cent. Finance $852000 for an apartment…

A:

Q: Find the monthly payment for a loan of $350,000 for a term of 30 years at an interest rate of 5%

A: We have to find the monthly payment

Q: Mustafa purchases an annuity due paying 5% quarterly. If his payment is $9651, how much will its…

A:

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $513,000 home…

A:

Q: Find the simple interest on a loan of $15,500 at 8.2% interest for 10 months

A:

Q: Find the payment necessary to amortize a 12% loan of $1700 compounded quarterly, with 8 quarterly…

A: Solution

Q: What is the present value of an ordinary annuity of 700 php every 6 months for 4 years at 6%…

A: Given query is to find present lo value of the equity.

Q: Find the amount of interest and the monthly payment for the loan described. Purchase of a living…

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Q: Find the principal for a loan that has earned interest of $5500 with an annual rate of 10% for 5…

A:

Q: Find the future value of the annuity due. Payments of $400 per quarter for 6 years at 5% compounded…

A:

Q: Find the future value of this loan. $16,634 at 5.3% for 15 months The future value of the loan is $|

A:

Q: Find the length of the loan in months, if $500 is borrowed with an annual simple interest rate of 9%…

A: Principal (Loan Amount) = $500 Rate of interest = 9% Amount (Loan repaid) = $537.5 We have to…

Q: Find the future value of the loan. Assume 365 days in a year. $8041 at 5.08% annual simple interest…

A:

Q: Find the monthly payment for the loan. Used car financing of $100,000 for 20 months at 8.75%.

A: The formula for monthly payment is A=P·i1-(1+i)-n where A= monthly payment amount  P=loan amount…

Q: Find the present value of the ordinary annuity. Payments of $550 made annually for 13 years at 6%…

A:

Q: Find the present value of the ordinary annuity. $170/month for 15 years at 4%/year compounded…

A:

Q: Sandra buys a new car for $18,600. She puts 15% down and obtains a simple interest amortized loan…

A: Here, Car price= $18,600 Down payment=0.15 Annual rate= 6.25% Number of months= 5*12= 60 months

Q: Calculate the simple interest due on a 52 day loan of $1500 if the interest is 9%

A: We can calculate the simple interest of the sum $1500 for 52 days in the following step

Q: Find the simple interest on a loan of $13,500 at 8.2% interest for 8 months

A:

Q: Find the future value of an annuity due of $1500 each month for 3 years if the interest rate is 12%…

A: Given Data: The amount deposited each month is: A=$1500 The time period in years is: t=3 years The…

Q: Find the future value of this loan. $23,783 at 10.7% for 11 months

A:

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…

A: As the interest rate for 1 year is 1.8% The quarterly rate would be 1.8*4 = 7.2%

Q: find the future value at the end of the payment period. payments of 1,000 pesos each are made at the…

A: According to the given information it is required to find the future value at the end of t=3 years…

Q: A mortgage of $175,000 is offered to you at 5.25% interest rate for 25 years a) find the monthly…

A: Given amount offered(P) = $175, 000 Interest rate(r) = 5.25% = 0.0525 per annum Interest rate for…