Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $517,000 home bought with a 20% down payment and the balance financed for 30 years at 5.4% $=

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: Adding the sales tax we get the amount of money borrowed is equal to  1598+5% of 1598 =1598(1+5/100)…

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: Andre takes out a student loan for his first year of civil engineering. The loan agreement states…

A: Given query is to find the loan amount.

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: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A:

Q: in order to start a small business a student takes out a simple interest loan for $4000 for nine…

A:

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

A:

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

A:

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

A:

Q: Find the savings plan balance after 18 months with an APR of 8% and monthly payments of $150. ..….….…

A: Topic = Algrbra

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: From the given information we want to find the monthly payment.

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

A:

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

A:

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

A: The principal amount to be financed is P=$100,000 for t=20 months at the interest rate of r=8.75%…

Q: To buy the home you love, you will need to take out a $615,000 loan with a 4.1% fixed interest rate…

A: Here we will use EMI on loan formula

Q: Find the savings plan balance after 18 months with an APR of 8% and monthly payments of $150. The…

A:

Q: Use the simple interest formula to determine the missing value. p= ?, r= 6%, t =9 months, i = $54

A:

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

A:

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

A:

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

A:

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

A:

Q: What is the monthly interest payment for an account with a balance of $200.00 and an A.P.R. of 12%?…

A: We have to find

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…

A:

Q: Find the savings plan balance after 15 months with an APR of 2% and monthly payments of $150. .....…

A: We have formula for present value PV=PMT[(1+i)n-1][i(1+i)n]

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: 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: You want to buy a $13,000 car. The company is offering a 4% interest rate for 48 months (4 years).…

A: Where,PVA = Present value of the annuityA = Monthly paymenti = Monthly interest rate in decimal…

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: You want to buy a $33,000 car. The company is offering a 4% interest rate for 60 months (5 years).…

A: We have to find Monthly Payment.

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: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: Given, Sears offers them an installment loan at 16% (add-on rate). If the refrigerator at Sears…

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

A:

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: You want to buy a $15,000.00 car. You can make a 10% down payment, and will finance the balance with…

A:

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: Given: Price of refrigrator = $1538 + 5% sales tax, Rate of interest = 14%, Number of years = 3…

Q: Your friend buys a $15,000 car. Your friend is financing the purchase with a loan at 3.6% with…

A: According to the question, The principal amount P=$15000. The rate of interest r=3.6% The time taken…

Q: monthly payment for the loan. (

A: Given that  Finance amount (P) = $855,000 Interest rate = 4.6% = 0.046  Monthly rate (r)= 0.003833…

Q: You want to buy a $32,000 car. The company is offering a 5% interest rate for 60 months (5 years).…

A:

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $511,000 home…

A: We will solve the problem

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

A:

Q: You want to buy a $231,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan…

A: Given: down payment=5% and we take 30 year lone for the rest.

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: You take out a 10-month, $2,000 loan at 8% annual simple interest. How much would you owe at the end…

A:

Q: Find the amount of simple interest on a loan of $3,500 at 9 1/2% interest for 14 years.

A:

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: Given : Sears offers them an installment loan at 13% (add-on rate). If the refrigerator at Sears…

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 .