Find the monthly payment of the loan. Purchase Price      Down Payment      Finance Charge   #of Monthly Payments       $2700                     $500                        $250                        36 What is the monthly payment

Q: Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on…

A: given that  Purchase (cash) Price = 2000 Down Payment = 15% Add-On Interest, R= 13 1/2 % Number of…

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: Selena and Dustin have a pre-approved mortgage for $249 000. The current annual interest rate for a…

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Q: Boyd purchases a snow blower costing $1,772 by taking out a 15.5% add-on installment loan. The 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: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $255,000…

A: We find the monthly payment for the loan when $255,000 condominium bought with a 30% down payment…

Q: find the interest rate a loan of 8500 at 7% made on july 23rd and due on november 30 A. 211.92 B.…

A: Total interest = PxRxT Where P= principle amount R= Rate of interest T= Time

Q: You want to buy a car. The loan amount will be $28,000. The company is offering a 2% interest rate…

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Q: You want to buy a $14,000 car. The company is offering a 2% interest rate for 48 months (4 years).…

A: We will find out the required value.

Q: Louis Lane can’t decide whether she wants to buy a car or lease a car. She is looking at a $28,000…

A: Given Cost of car = $28,000 time = 4 years = 48 months interest rate = 4.99% ⇒ r = 4.9912×100 =…

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: Salleh bought a computer for RM5000 through an instalment purchase.He paid RM1000 down payment and…

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Q: Bill borrows 3500 dollars, to be repaid with 12 equal monthly payments, the first coming 6 months…

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Q: Carlos Menton purchases a new laptop computer from Knox Computer Solutions for $1499. If the sales…

A: topic - percentage and monthly payment

Q: The price of a home is ​$210,000. The bank requires a​ 15% down payment. The buyer is offered two…

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Q: The cost to purchase the house that Bainters are considering is $195, 000, but the Bainters plan to…

A: Solution :-

Q: Malinda bought $4,000 worth of sport bicycle. The down payment was $1,000. Then balance was financed…

A: This is a problem of simple interest calculation. Formula for calculating simple interest is, SI =…

Q: Louis Lane can’t decide whether she wants to buy a car or lease a car. She is looking at a $28,000…

A: From given data we can see here Total Principal amount = P = $28,000 Time = t = 48 months and…

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $512,000 home…

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Q: 15. CHRISTMAS TREE FARM To plant Christmas trees in another field, Tom Parsons signed a note with a…

A: Given Face value=$25000discount rate=11%discount=$1527.78

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: 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: If you finance the cost of your car ($200,000) at 7.65% APR for 6 years, determine the monthly cost:…

A: Please see the answer in next step

Q: Lou purchases a home for $350,000. He makes a down payment of 20% and finances the remainingamount…

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Q: What is the amount owed for an installment loan to Finance Plan Product pool table Price $2400.00…

A: Given, Price of pool table = $ 2400 Discount = 12 % Downpayment = $ 500 We have to find the amount…

Q: A person owes $1000 on a credit card that charges an interest rate of 2% per month. Complete this…

A: solutionGivenInterest rate=2% per monthowes=1000$

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

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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: Use the add-on method of calculating interest to find th total interest and the monthly payment.…

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

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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: Compute the monthly payments for the add on interest loan. The amount of the loan is $9,963.00. The…

A: The interest for a loan of principal amount P for an interest rate of r% for t years is given by;…

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: a repa

A: Kara makes a monthly payment of = $175

Q: 2020 Honda Civic, Price is $22,000. Loan is 6 years at 3% interest monthly. Calculate the monthly…

A: Given Initial price of car P=$22,000Total time t=6 years Monthly interest i=3%

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 agree to purchase a home for $240,000 and decide to make a 20% down payment on the home. You…

A: We will find out the required regular monthly payment.

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: 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: Hosam took a loan to start new business costing OMR 200,000. The bank agree to lend the money if…

A: Hosam took a loan to start new business costing OMR 200,000. The bank agree to lend the money if…

Q: Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on…

A: Given Enter the given data in excel sheet

Q: loan 750,000 Php, yearly interest 10%, payment monthly, payemnt period 10 years. Find the following:…

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Q: new furniture set costs $ 2400. If you make a down payment of $ 700 and finance the rest at a rate…

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Q: You want to buy a car. The loan amount will be $32,000. The company is offering a 3% interest rate…

A: In this question, monthly payment is to be calculated. Loan The term loan refers to a sort of credit…

Q: Kalani Canfield purchases a deluxe hot tub for $6575. The sales tax is 6.25% of the purchase price.…

A: (a) Given that, Cost of deluxe hot tub $6575. Sales tax 6.25%. The sales tax is obtained as follows.…

Q: Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on…

A: given information purchased amount = $50,500   down payment = 25% add-on interest = 13.2% no of…

Q: Landon Wallin is an auto mechanic who wishes to start his own business. He will need $3900 to…

A: Here, the loan amount is $3900, r = 4.5% = 0.045, t = 36 months and n = 12 for monthly payment.