Henry wants to buy a new gaming laptop worth 84,000 php. He is offered 40% of the price as down payment and the balance payable every end of the month for 60 months, how much must he pay monthly at 15% compounded monthly? A P1,200 B P920 P1,080 P840

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A: The compound interest formula for an initial amount of P at a rate of r%, for t years compounded n…

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A:

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A: Given: Lynn borrows a loan for cosmetic surgery of $5500 at simple interest rate 7.3% for 48 months.

Q: Olivia would like to buy some new furniture for her home. She decides to buy the furniture on credit…

A: total amount to be paid after 8 years = $135046.5623   explanation is given below

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A:

Q: Ms Daisy bought a car. After paying the down payment, the amount of the loan is Php 500,000 with an…

A: As per our guidelines we are only supposed to solve first three parts of multiple questions

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A: We will find out the required value.

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Q: 12. Miko borrowed P25,000 at 10% annual simple interest rate. How much should he pay after 3 years…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

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A: Consider the given information: Down payment is of $400. Rate of interest is 12% compounded monthly.…

Q: Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded…

A: Topic = Algebra    Formula for compound interestA=P1+rnntA=Final amountP=Principalt=timer=interest…

Q: Barbara Katzman bought an income property for $32,000 four years ago. She has held the property for…

A: Below is the solution:-

Q: You buy a car for$12000 on simple interest at 6% for 5 years. You will be financing the car plus…

A: You buy a car for$12000 on simple interest at 6% for 5 years. You will be financing the car plus…

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Q: PETER PAID 50,000 IN 2.5 YEARS. HE BORROW P40,000 what is the simple interest?

A: In total Peter paid = P50000  Time to pay back = 2.5 years Peter borrowed = P40000

Q: Alex deposits $6,000 at the end of each year for 12 years in an account paying 6% interest…

A: Use compound interest formula.

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Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

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A: topic - application of geometric progression

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A: Total amount paid after 5 years or 60 months = 665 x 60 = $ 39900 Remaining amount that she can pay…

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A: Lupé made a down payment of $7000   She has secured a loan from her bank at the rate of 7%/year…

Q: arge and Tom Martin bought a new car for $126,500. They agreed to pay 25% down and make onthly…

A: Given Borrowed amount=126500*(1-0.25)=94875

Q: a) Sara deposited RM2,800 in an account when she was 15 years old. The simple interest rate offered…

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Q: Ms Daisy bought a car. After paying the down payment, the amount of the loan is Php 500,000 with an…

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Q: A merchant sells an item worth 64,999 php. If an initial payment of 20,000 php was paid to the…

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Q: How much will Lee receive at the end of 4 years?

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Q: Trevor invests an amount of R20 000 in a bank. Calculate, using appropriate formulae, the…

A: Here AS PER POLICY I HAVE CALCULATED FIRST MAIN QUESTION ONLY

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A: As per our guidelines we are supposed to answer only one question.Kindly repost other question as…

Q: A laptop was bought for 10,000 php plus a monthly installment of 4,500 php scheduled to be paid at…

A: