low much interest are you going to pay after 45 days if you borrowed 50,000.00 in a lending vestor with an interest rate of 5% per month?

Q: A zero-coupon bond with a face value of $24,000 and a 5.7% interest rate (compounded semiannually)…

A: We know that FV=PV1+rnnt, where FV is the face value, PV is the present worth, r is the rate of…

Q: You have $500,000 saved for retirement. Your account earns 4% interest. How much will you be able to…

A:

Q: Mary needs to repay a $12,000 debt. Her bank offers personal loans with terms from one to five years…

A: Let's say a person has taken a certain amount of loan and wants to repay it in equal installments.…

Q: E-Loan, an online lending service, recently offered 36-month auto loans at 4.5% compounded monthly…

A:

Q: You have $400,000 saved for retirement. Your account earns 5% interest. How much will you be able to…

A:

Q: Finance. A person wishes to have $24,400 cash for a new car 4 years from now. How much s ccount now,…

A: INTRODUCTION: The formula for compound interest is given by, A=P1+rnnt Where P is the principal…

Q: You have $400,000 saved for retirement. Your account earns 10% interest. How much will you be able…

A:

Q: You have $400,000 saved for retirement. Your account earns 4% interest. How much will you be able to…

A: NOTE: Refresh your page if you can't see any equations. . here we have L=400000 r=4%=0.04 t=20 years…

Q: Finance. A person wishes to have $20,300 cash for a new car 6 years from now. How much should be…

A:

Q: After obtaining your first job you decide to make contributions to your personal retirement plan.…

A: Given- After obtaining your first job you decide to make contributions to your personal retirement…

Q: E-Loan, an online lending service, recently offered 48-month auto loans at 4.8% compounded monthly…

A:

Q: A certain appliance depot sells a new smart phone for 18,000 php. It offers the buyer payments of…

A: Here we solve the given problem.

Q: You decide to quit using your credit card and want to pay off the balance of $2,200 in 2 years. Your…

A: This is compound interest problem

Q: You want to be able to withdraw $20,000 each year for 20 years. Your account earns 7% interest. How…

A: Given data: principal (P) = $20000 time (t) = 20 years rate (r) = 7% = 0.07

Q: You have $400,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A: SOLUTION-

Q: Grandparents plan to open an account on their grandchild's birthday and contribute each month until…

A:

Q: ​E-Loan, an online lending​ service, recently offered 48​-month auto loans at 4.8% compounded…

A: Given that,         Periodic Payments PMT = $496        Rate of Interest per period,…

Q: You have $300,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A: It is given that,      r= annual interest rate=8%=0.08      k=monthly compounding=12      N=number…

Q: $10,000 is invested for 3 months at an annual simple interest rate of 3%. (a) How much interest will…

A: Using the formula for simple interest we can find solution for a and add with this simple interest…

Q: Sallie wants to buy a new home.  She will borrow $400,000 at 3% compounded monthly for 30 years.

A: Given, Initial amount: Interest rate: Interest rate for compounded monthly: Number of years:…

Q: Find the cost of purchasing an annuity that pays $25,000 per year for 20 years. The interest rate is…

A:

Q: Luis has $110,000 in his retirement account at his present company. Because he is assuming a…

A: answer  Total sum will be = $ 3081959.75 detailed explanation is given below

Q: You deposit $3000 in an account earning 8% interest compounded monthly. How much will you have in…

A:

Q: compouñded quaiteny. nu Simon purchased a 5-year, $5,500 promissory note with an interest rate of 4%…

A:

Q: Sonny invests $8,000 into an account earning 7.5%.  He leaves it there for 5 years.  What is Sonny’s…

A: Topic= Algebra

Q: $10000 is invested for 6 years at an annual simple interest rate of 16% a)How much interest will be…

A:

Q: Zero-Coupon Bonds How much should a $10,000 face-value, zero-coupon bond, maturing in 10 years, be…

A:

Q: You decide to quit using your credit card and want to pay off the balance of $9,600 in 4 years. Your…

A:

Q: You borrow $10,000 from a bank for three years at an annual interest rate of 12% compounded…

A: Based on the formula of compound interest, A = P (1 + r/n)^(n*t) A = Total Sum P = Principle value r…

Q: you want to buy a $14,000 car. The company is offering a 5% interest compounded monthly for 60…

A: Write the loan formula and put the all given information and simply solve for the monthly payment.

Q: You have $400,000 saved for retirement. Your account earns 5% interest compounded monthly. How much…

A: Given problem is : You have $400,000 saved for retirement. Your account earns 5% interest. How much…

Q: E-Loan, an online lending​ service, recently offered 60-month auto loans at 4.5% compounded monthly…

A:

Q: $10,000 is invested for 6 months at an annual simple interest rate of 3%. (a) How much interest…

A:

Q: $10,000 is invested her sick Siri set an annual simple interest rate of 16% what is the future value…

A:

Q: To offer scholarships to children of employees, a company invests $10,000 at the end of every three…

A: (a) It is given that, P = $10,000, r = 0.09, n = 4 and t = 10. Substitute P = $10,000, r = 0.09, n =…

Q: You have $500,000 saved for retirement. Your account earns 8% interest compounded monyhly. How much…

A: Given: The amount at beginning P0=$500,000 Rate of interest R= 8% Number of compounding period in…

Q: Insurance Payment A man is disabled in an accident and wants to receive an insurance paymentthat…

A: Given Insurance payment=$3000For 30 years and pays 9% compounded monthly

Q: A credit card charge 29% p.a interest compounded daily. Assuming that you borrow $3000 on the credit…

A:

Q: You want to buy a new car. You can afford payments of $275 per month and can borrow the money at an…

A: Here, I am solving 1st part only and please post the 2nd part of the question againGiven,…

Q: nance. A person wishes to have $27,100 cash for a new car 4 years from now. How much should be…

A:

Q: You have $500,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A: We will use formula for simple interest and simple arithmetic to find solution to the problem.

Q: etermine how long it would take to make $15,000 if you deposit $8,000 at 12% annual interest rate…

A:

Q: You borrow $450,000 from a bank to buy a house, at a rate of 2.25%, for 30 years. How much will your…

A: In the given problem,  P=450,000 $r=2.25% compounded monthlyt=30 years Here, interest is compounded…

Q: A company gets a discount loan at a 12 percent interest rate.  They borrow $100,000 for one year.…

A:

Q: Grandparents plan to open an account on their grandchild's birthday and contribute each month until…

A:

Q: You have $400,000 saved for retirement. Your account earns 6% interest. How much will you be able to…

A:

Q: Starting at age 30 and at the end of each month, you invest $540 into a retirement IRA. The IRA…

A: Given : Starting at age 30 and at the end of each month, you invest $540 into a retirement IRA. The…

Q: You have $300,000 saved for retirement. Your account earns 10% interest. How much will you be able…

A:

Q: Bob and Liz are buying a house. They have $20,000 for a down payment. The house price is $177,000.…

A:

Q: You have $500,000 saved for retirement. Your account earns 9% interest compounded monthly. How much…

A: