If an entrepreneur applies for a loan amounting to 750,000 php in a bank; the simple interest of which is 157,000 php for three years, what interest rate is being charged? 6.79% B 6.98% 2.95% 1.59%

Q: A $8,200 loan, taken now, with a simple interest rate of 5% per year, will require a total payment…

A: Explanation is given below..

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: 2. If you borrow $5000 and, after 9 months, pay off the loan in the amount of $5500, what per annum…

A:

Q: Bahay ni kuya sold for 3,500,000 pesos and the bank requires 30% down payment, what is the amount of…

A: mortgage = selling price - down payment down payment=selling price (down payment percentage)

Q: If Pat pays $15,334.65 for a $25,000 face-value, zero-coupon bond that matures in 8 years, what is…

A: Given-              F.V=$15,334.65              P.V=$25,000               n      = 1 year Where-…

Q: If a nine-month term deposit at a bank earns a simple interest of 9% per annum, how much will have…

A: Simple interest: As the name indicates it is a simple interest computed on the amount of principal.…

Q: Find the capital value of an office building for which annual rent of $50,000 will be paid in…

A: we have to find the capital value of an office building for which annual rent of $50,000 will be…

Q: If you buy a computer directly from the manufacturer for $2,838 and agree to repay it in 36 equal…

A: Please refer to the image below

Q: The annual interest rate on a credit card is 17.99%. If a payment of $200.00 is made each month, how…

A: How many months will it take to pay off an unpaid balance of $2,470.04. ?

Q: A motorcycle can be acquired for 5,000.00 down payment and a monthly payment of 3,000.00 for 3…

A:

Q: To pay for his debt at 12% compounded semi- annually,Analuz arwena commuted for 8 quarterly payments…

A: Given interest : 12 % compounded semi annually. Total quaterly payments = php 24,491.28 To…

Q: If you spend Php50,000 to purchase a cheese shop and can expect a net revenue of Php11,500 per year,…

A:

Q: The annual interest rate on credit card is 24.99%. How long will it take to pay off an unpaid…

A: According to the guidelines I am answering only first question.

Q: If the proceed of a loan of P25,000.00 will be paid with P27,000.00 at the end of 1 year and 3…

A:

Q: 1. Bank of Seguismundo offers a special instalment rate of 1% per month or 12%  per annum for…

A: Given that: Rate of interest, r=1% per month or 12% per annumPrincipal amount,  = 100,000Interest,…

Q: What is the APR of a payday loan for $1825 due in 18 days that charges a $135 fee?

A: Given,           The APR of a payday loan for $1825 due in 18 days that charges a $135 fee.

Q: If a loan is to be repaid in 4 years making semi-monthly payments, how many payments will be made?

A: Given that a loan repaid in 4 years. And making semi-monthly payments. We have to find How many…

Q: 3. How many more monthly payments are made for a 5-year loan than for a 2-year loan?

A: Number of monthly payment for a 5year plan is = 5*12=60 months. (in 1year total number of months is…

Q: What Is the monthly payment for a $14,000 loan for 6 years with an annual interest rate of 3.8%?

A:

Q: If you can afford to make payments of $350 per month for four years. What is the largest amount of a…

A: Given Monthly payment(P)=$350Annual Percentage Rate(APR)=5%n=4 years=48  monthsNow use the…

Q: A car is to be purchased in monthly payments of 19,500 php for 5 years strating at the end of 3…

A: Given: Car monthly payment=19500 for five years Interest rate=10% To find: Cash value of the car.

Q: If a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A: Given: The value of r is 9%

Q: Mr. Remo is considering to pay his outstanding balance after 6 years of payment. The original amount…

A:

Q: Ronald and Samantha Brady recently had their condominium in Port Isaac appraised for $322,600. The…

A:

Q: An eligible Pag-IBIG member may borrow up to a maximum of 80% of his total accumulated value (TAV)…

A: When a person deposits or borrows money from an institution or from another person, the conception…

Q: a car costs $12500 and youre offered a loan that requires $800 down and a monthly payment of 228.29…

A: Monthly payments of 228.29 for 66 months contribute to 228.29*66 = 15067.14   And 800 down payment.…

Q: a loan is to be repaid for 9 years that will start at the end of 5 years. if the interest rate is 5%…

A:

Q: 1. A company can lease a set of 50 iPads for $650/month, with an up-front payment of $1000. What…

A: It is given that, a company lease a set of 50 ipads for $650/month.

Q: If you are planning to apply for a personal loan and borrow PhP 30,000 and repay the principal and…

A: Given, Principal=30,000 php Time=3 years=36 months Part(a):   Bank A Bank B Bank C Bank D Bank E…

Q: How much will need to be paid in full on a loan of $2200, at a rate of 4.2% simple interest for 6…

A:

Q: A loan of 28,900 is obtained for 5 months at 8 3/5 %. How much is the simple interest?

A: Given that : a loan of 28,900 is obtained for 5 months at 8 3/5 %. We find the simple interest.

Q: Mark borrowed 65,000 php from Rhenz under the following conditions: simple interest rate of 2.5%; to…

A: Given query is to find the interest amount.

Q: (32) With a $30,000 annual income, what would be the value of the loan contracts demanded if a…

A:

Q: A loan officer at a bank has PhP1,000,000.00 to lend and is required to obtain an average return of…

A: Here we will find the required amount to lend by 16% rate,

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: A buisness loan of Php 650,000.00 is to be settled by paying Php 29,994.20 in 2 If the interest rate…

A:

Q: If you buy a computer directly from the manufacturer for $3,324 and agree to repay it in 60 equal…

A:

Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A:

Q: What is the monthly payment on a 25-year loan of $62,700 if the annual interest rate is 5% ?

A:

Q: A loan of 50,000 Php is to be paid in 3 years at the amount of 65,000 Php. What is the simple…

A: 15000 Php

Q: The extinguishment of a loan of P87, 650 will be made by quarterly payment of how much to an agency…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $424,500. The balance on their existing…

A:

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

A:

Q: A cellular phone may be purchased at 1,500 php payable monthly for 18 months. The first payment is…

A: Calculate the rate of interest at which the installment is paid. r=12100×18=0.0067%

Q: (a) Compared to the 10-year loan, each payment of the 5-year loan will be $ greater. (Round the…

A: We are given that $ 50,000 is borrowed at an annual interest of 6%  and that there are 4 interest…

Q: 1. A loan of P200,000 is to be repaid in full after 3 years. If the interest rate is 8% per annum,…

A: We will answer the first question only as we don't answer multiple questions at a time. Please…

Q: pays

A:

Q: A couple secured a 4,000,000 php housing loan from a financing company that gives 12% interest…

A: NOTE: Refresh your page if you can't see any equations. . here we have L=4000000 r=12%=0.12 n=12 for…

Q: Find the length of the loan in months, if $200 is borrowed with an annual simple interest rate of 9%…

A: Given, $200 is borrowed with an annual simple interest rate of 9% and with $212 repaid at the end of…