How much would be the interest when Bankers Rule was use if a principal of P86, 000 borrowed for 425 days paying 13.25% ?

Q: how much should you put in an investmenr paying a simple loan of 5% if you needed $4000 in eighteen…

A: According to question,Given data,Rate of Interestr = 5%Simple interest = $4000Time = 18 Months

Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: If you have been hired at an annual salary of $23000 and expect to recieve annual increases of 5%.…

A: Solution

Q: What is the monthly payment on a 15-year mortgage of $200,000 at 6% interest? What is the total…

A: Let A be the monthly payment. r = interest rate per period = interest rate per month = 6% / 12 =…

Q: Tom is  considering purchasing a consol that promises annual payments of $4.  If the current…

A: Here, the annual payments of consol is $4 and the current interest rate is 5 %. Price of the consol…

Q: What is the rate if a principal of 11000 earned $1815 interest in 3 years.

A: Given,          The rate if a principal of 11000 earned $1815 iterest in 3 years.We that that,…

Q: A bond with a face value of $4000 and a 3.8% coupon has a 5-year maturity. Find the annual interest…

A: Given: Face value (P) = $ 4000 Interest rate (r) = 3.8%

Q: Jamerra receive plans on paying the end of 2 yea $450 in interest interest rate on

A: GIVEN  principal P=$ 3000 time t=2 years interest I=$ 450

Q: 7.) Imani is investing $25000 in a mutual fund that pays 2.3% interest compounded weekly. How much…

A: Given  Principal = $25000 rate = 2.3% compounded weekly time=10 years

Q: Suppose that you borrow $3000.00 from a friend and promise to pay back $6225.00 in 5 years. What…

A: Using formula A=P+T

Q: OHaganBooks.com is seeking a $260,000 loan to finance its continuing losses. One of the best deals…

A: Solve for yhe monthly payment

Q: The father has just donated $25,000 to a church. His son would like to donate an equivalent amount,…

A: Given;  Principal =$ 25000 Time = 5 years  Rate = 8.2%.

Q: If an interest rate of 5% results in interest of $50, what is the principal amount of the loan?

A:

Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

A:

Q: A ripped motorcycle can be purchase for P10,000 cash or an installment basis with P2000 down payment…

A:

Q: Suppose you borrow P15,000 and required to pay P15,315 in 4 months to pay off the loan and interest.…

A:

Q: 3. Ryza borrows Php150,000. At what rate compounded bi-monthly will her interest be if she agrees to…

A: Given that Ryza borrows Php 150,000. She agrees to pay Php 10,000 more at the end of 2 years. And…

Q: Suppose you have budgeted $ 1025 a month towards a mortgage. If you are offered a 30 year mortgage…

A: Let x be the mortgage amount that offered.

Q: What is the simple interest on ₱12,500 at 8% for 9 months?

A: Formula for simple interest is as follows : I = P×R×T Where , P  is principal amount. R is Interest…

Q: A man borrowed P10,000.00 from his friend and agrees to pay at the end of 90 days under 8% simple…

A: # Given: principal amount P=10000  rate of interest r=8%   then to find amount to be paid at the end…

Q: Dr. Gupta is considering a 30-year mortgage at 6% interest. She can make payments of $3500 a month.…

A:

Q: A loan of P95,000 is borrowed for 240 days at a simple interest rate of 12.3 percent per year. What…

A:

Q: Suppose you pay back $655 on a $625 loan. You had the loan for 75 days. What was your simple annual…

A:

Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: What's the interest in a $500 loan at an annual simple interest rate of 9% at the end of 1 year?

A:

Q: How much is the original loan if semi-annual payments of $100,000 are used to repay it at 5%…

A: r= 5% A = amount to be paid =$100,000 P = original amount  t= 8 years

Q: How many interest payments are made in 14 years and 6 months if interest is paid quarterly?

A: Quarter in a year means 1/4 of a year. Since there are twelve months in a year therefore  quarterly…

Q: Suppose that a student borrows $5000 at the start of their senior year of college. With a nominal…

A: The quarterly interest payment is calculated by multiplying the amount borrowed by the quarterly…

Q: What simple interest rate will convert a $200 investment into $220 in one year?

A: we know the formula: simple interest (SI)=P×r×t100 where P is the principle(investment) amount, r is…

Q: What is the present value of a loan when a monthly payment of P3, 250 is needed to extinguish for…

A: To solve the given problem we shall use the following formula…

Q: What is the purchase price on a car that has a $264 monthly payment for 5 years, financed at 8% per…

A: The purchase of a car that has a $264 monthly payment for 5 years, financed at 8% per year,…

Q: What is the simple interest paid on $1600 at 3 % for 4 years? Round your answer to the nearest cent.

A:

Q: What principal will amount to $7000 if invested at 4% compounded quarterly for 19 years? The…

A:

Q: If $1000 is borrowed and the interest after 24 months is $300, what is the annual interest rate for…

A:

Q: If I would like to have $250,000 in my savings account after making contributioms for 30 years, what…

A:

Q: What interest will be charged on a $1200 loan for 9 months if the rate is 12% simple interest?

A:

Q: suppose that you borrow $12,000 for five years at 5% toward the purchase of a car. use PMT to find…

A: To find the monthly payments, consider the formula-

Q: If the simple interest on $1,000 for 10 years is $600, then what is the interest rate? The rate is…

A:

Q: what is the FV of the investment. Round  to nearest cent. $7,000 for 4 years at 4.75%  annual…

A:

Q: What amount of interest will be charged on P7,300 borrowed for 3 years at simple interest rate of…

A:

Q: A man is required to pay P57,500 at the end of 15 days and for P60,000 at the end of 60 days.…

A:

Q: The loan of $ 700 is expected to be paid in one year as a total of $ 749. What is the annual…

A: Solution

Q: 2. A Php1,000,000-trust fund was set up and to be used by an 8-year old nephew when he goes to…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: The simple interest on a $7,600 loan at 7% per year amounted to $4,788. When did the loan mature?

A: To Determine: The simple interset on a $7600 loan at 7% per year amounted to $4788. When did the…

Q: How many interest payments are made in 7 years and 6 months if interest is paid quarterly?

A: As we know a quarter is defined as 1/4th of any quantity  And in case of interest payments we define…

Q: If a loan of P45, 000 will amount to P76, 400 when converted quarterly for 3.25 years . what…

A:

Q: Find the simple interest on a loan of P65,000 if the loan is given at a rate of 20% and is due in 3…

A: Since you have posted multiple questions and we can answer one question. So, answering the first…

Q: What is the total interest paid on a 30 year mortgage for $235,000 if it is charged 7% interest,…

A:

Q: What annual rate of simple interest is necessary to give interest of $416 on a principal of $800…

A:

Q: A loan of P 50,000 is-to be amortized by paying quarterly in 1 year. If money is worth 10%…

A: Since you have posted multiple questions and we can answer one question. So, answered question…