Find the maturity value on a loan of $2,500 at 11.5% interest, for 84 months. Use the formula MV = P + I.
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Find the maturity value on a loan of $2,500 at 11.5% interest, for 84 months. Use the formula
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- Calculating interest and APR of installment loan. Assuming that interest is the only finance charge, how much interest would be paid on a 5,000 installment loan to be repaid in 36 monthly installments of 166.10? What is the APR on this loan?find the maturity value on a loan of $2500 at 13.5% interest for 72 months Find the length of the loan in months, if $1000 is borrowed with an annual simple interest rate of 3% and with $1030 repaid at the end of the loan. what is the length of the loan in months?
- Find the annual simple interest rate (in percent) on a 3 -month loan of \( \$ 5,000 \) if the maturity value of the loan is \( \$ 5,150 \). \( \% \)Find the annual simple interest rate of a loan, where $200 is borrowed and where $218 is repaid at the end of 5 months.Find the maturity value FV of the given loan amount. (Round your answer to the nearest cent.) $1,400 borrowed at 7 1 8 % for three years
- Find the maturity value FV of the given loan amount. (Round your answer to the nearest cent.) $1,400 borrowed at 7 1/8% for four yearsFind the length of the loan in months, if $500 is borrowed with an annual simple interest rate of 3% and with $517.5 repaid at the end of the loan.What is the yield to maturity on a simple loan for$1,500 that requires a repayment of $15,000 in fiveyears?
- Find the maturity value for a loan of Php 25 000 to be repaid in 8 months with an interest rate of 4.3%What is the maturity value of the loan if the proceeds is P22,000 at the rate of 10% for 10 months?P 24,000 is the answer show complete solutionFind the annual simple interest rate of a loan, where $300 is borrowed and where $315 is repaid at the end of 15 months.Annual simple interest rate = %.
