Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $255,000 condominium bought with a 30% down payment and the balance financed for 30 years at 5.05% 2$

Q: A loan is issued for $15,000 with a simple interest rate of 4% for 5 years. Calculate the interest…

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Q: Find the savings plan

A: We have to find the savings plan balance .

Q: You want to buy a $177,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan…

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Q: Pat bought a home for $165,000 and made a $25,000 down payment. She got a fixed rate mortgage at 5%…

A: Consider the given data  cost of home=$165,000down payments=$25,000rate of mortgage r=5%time t=30…

Q: Mr. John borrows money from a friend with simple interest of 12%, find the present worth of $25,000…

A: If the interest is simple, then the formula used is A=P(1+rt), where A is the final amount, P is the…

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $350,000…

A: Finance $350,000 for a warehouse with a 6.5% 30-year loan

Q: Find the savings plan balance after 6 months with an APR of 4% and monthly payments of $100. ... The…

A: Given, PMT=100 n=6 r=4%12=41200=1300

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

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Q: Mohsen Manouchehri will purchase a $320,000 home with a 30-year mortgage. If he makes a down payment…

A: (a) We know: L=A1-1+rn-ntrnwhere, L=Total loan amount after down-payment             A=Amount per…

Q: You want to purchase a computer that has a price of $2206 plus 5% sales tax, and you decide to pay…

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Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $550,000…

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Q: Jungkook purchased a new car under these terms: 800,000 php downpayment and 17,500 php each month…

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Q: You want to buy a $249,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan…

A: Let's find.

Q: You want to buy a home.  You can borrow 80% of the purchase price.  Assuming that you can make a…

A: Given that    You want to buy a home.  You can borrow 80% of the purchase price.  Assuming that you…

Q: You want to buy a Car for $28,000 dollars. The bank gives you the option of 3% interest over 4 years…

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Q: You want to buy a Car for $20,535 dollars. The bank gives you the option of 3% interest over 4 years…

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Q: Find the savings plan balance after 12 months with an APR of 2​% and monthly payments of ​$100.

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Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $503,000 home…

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Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchase a…

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Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $350,000 for…

A: Let's say a person has taken a certain amount of loan and wants to repay it in equal installments.…

Q: A bank makes a car loan of $27,700, at 5.3% interest and with a loan period of 3 years. What is the…

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Q: 4. Joe buys a new laptop for $675 and pays for it over two years with 3.% simple annual interest.…

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Q: Lupé made a down payment of $6000 toward the purchase of a new car. To pay the balance of the…

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Q: A loan is issued for $15,000 with a simple interest rate of 4% for 5 years. Calculate the interest…

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

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Q: Jack Tripper signed a $9,000 note at Fleet Bank.  Fleet charges a 9.25% discount rate.  If the loan…

A: consider the equation

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $503,000 home…

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Q: Calculate the table factor, the finance charge, and the monthly payment $) for the loan by using the…

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Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $450,000 for…

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Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below purchase a…

A: Solution by using formula for APR as follows :

Q: Find the monthly payment for the loan. Finance $500,000 for an apartment complex with a 12.3%…

A: Note: According to bartleby we have to answer only first question please upload the question…

Q: The cost of a home is financed with a $160,000, 30- year fixed-rate mortgage at 4.2%. The monthly…

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Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchase a…

A: The living room set was purchased for $3,100 at 10% add-on interest for 3 years. The amount of…

Q: Curtis bought a condominium for $319 000 and made a down payment of $64 000. The annual interest…

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Q: You want to buy a $160,000 home. You plan to pay 10% as a down payment, and take out a 30 year loan…

A: First, we have to find the total loan amount, and then we can proceed further.

Q: Todd and Nate want to buy a $257,000 home. They plan to pay 5% as a down payment, and take out a 30…

A: Since you have posted a multi subparts question according to guildlines I will solve first three…

Q: Your friend buys a $16,000 car. Your friend is financing the purchase with a loan at 3.6% with…

A: Given: PV=$16,000r=3.6%=0.036n=12t=5 years To determine: The interest paid over the course of the…

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $650,000 for…

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Q: d) Find the amount of the monthly payment. (Do not add the cost of the points to the loan amount)…

A: (d) given  p= $145,000 rate of interest  r=20%  =0.2 time t=30 years formula for monthly downpayment…

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $505,000 home…

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Q: rt D: Home Depot sells a $1850 gas grill on the installment plan. The installment agreement includes…

A: The selling price of gas grill is $1850.  Installment agreement includes 20% down payment and 12…

Q: A computer store sells for  $2,200,000 . The buyer made a  30%  down payment and secured a  20…

A: Given that, A computer store sells for $2,200,000. The buyer made a 30% down payment and secured a…

Q: luis mahia purchases a porsche boxster for $45,600 and finances the entire amount at an annual…

A: Given Luis mahia purchases a porsche Boxster for  $45600 and finance the entire amount at an annual…

Q: Use the simple interest formula to determine the missing value. p= ?, r= 6%, t= 9 months, i = $63…

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Q: Luis Mahla purchases a Porsche Boxster for $43,800 and finances the entire amount at an annual…

A: Total cost = p.p + sales tax + license fee

Q: If you finance the cost of your car ($60,000) at 7.65% APR for 6 years, determine the monthly cost:…

A: We can make it easier for you

Q: Find the savings plan balance after 6 months with an APR of 4​% and monthly payments of ​$100. The…

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Q: Lupe made a down payment of $1800 toward the purchase of a new car. To pay the balance of the…

A: According to the given information,

Q: upé made a down payment of $5000 toward the purchase of a new car. To pay the balance of the…

A: Let C = the cash price of the carLet A = the cost of the loanThe loan was done after the down…

Q: Wilfredo bought a new boat for ​$16,200. He paid ​$1,000 for the down payment and financed the…

A: We have to find the monthly payment installment and the total intrest paid on the loan amount .