mortgage, what is the total amount of interest? *

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: Joe Borowski invested $10,500 in a mutual fund one year ago. During the year, his fund increased in…

A: Given data: The amount invested by Joe in a mutual fund is P=$10,500. The interest gained by Joe is…

Q: Arfan invested RM8,000 into Amanah Saham Berhad that offered a simple interest rate of r% per annum…

A:

Q: You own a home that was recently appraised for $330,000. The balance on your existing mortgage is…

A: Find potential amount

Q: Tobacco Judgment As part of the largest-todate damage award in a jury trial in history, thepenalty…

A: Some percentage of revenue is paid as judgement amount.

Q: Vermae borrowed PhP 5,500 to her friend and agrees to repay it in 90 days with 5% annual rate. If…

A:

Q: Prinicpal                13,800 Rate %                  9.4 Time                      3 3/4…

A:

Q: You have $3,500 on a credit card that charges a 19% interest rate. If you want to pay off the credit…

A:

Q: Last year, Martina deposited $2000 into an account that paid 4% interest per year and $6000 into an…

A: We have the formula to calculate interest. I=pnr where p is the principal amount, n is the number of…

Q: A stock pays an annual dividend of $1.14 per share. Calculate the dividends paid to a shareholder…

A: The dividend paid for a stock is $1.14 per share. The number of shares a shareholder has is 305.

Q: 5. Margo borrows $900 and must pay it back with 6% interest after 7 months. What is the total amount…

A: Margo borrows $900 and pay it back with 6% interest after 7 months.

Q: When you were born, your grandfather established a trust fund for you in the Land Bank of the…

A:

Q: A bond has a 14000 face value, an 8 year maturity and a 3.05 coupon. Find the total of the interest…

A: Face value = 14000 Coupon = 3.05% Thus interest rate = 3.05% = 0.0305

Q: What is the dividend yield on Stock A that sells at $15/share, when Company A pays a quarterly…

A:

Q: The purchase value of an office computer is $12,660. Its annual depreciation is $1,960. The value of…

A: Given: The purchase value of an office computer is $12,660 The annual depreciation is $1,960

Q: You have $3,500 on a credit card that charges a 16% interest rate. If you want to pay off the credit…

A: GivenCurrent balance(PV)=$3500Interest rate=16%Period(n)=3 years=36 MonthsNow use the…

Q: what is the formula for finding the total amount of the mortgage if a house is sold at 350,00 and a…

A: Given, total amount of mortgage is 35000 down payment = 15% we have to determine 30 year mortgage at…

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: major airline is plannin

A: Given that a major airline is planning to purchase new airplanes. It wants to borrow $800 million by…

Q: accumulate 70,000 for 2 years and 9 months at 2 3/4% simple interest

A:

Q: Your family has annual loan payments equal to 28% of its annual income. During the year,the loan…

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

Q: What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $875,…

A: Solution:      Given,        Face value of corporate bond=$1000        After discount current price…

Q: What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a…

A:

Q: #4: On the day you were born your grandmother put $10,000 in a bank account for you that earned 5%…

A: Formula: A=P1+r100t where A= Final amount P= Initial amount r= Interest rate t= Time (In years)

Q: You have $3,000 on a credit card that charges a 18% interest rate. If you want to pay off the credit…

A: To find the amount need to pay per month

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

A: Given problem Given that   a) Sara deposited RM2,800 in an account when she was 15 years old.…

Q: A. A$10,000 certificate of deposit earns simple interest of 8 percent per year. Calculate the total…

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

Q: what are 2004 pennies worth

A: In this question, conversion of one unit from another is used. The conversion of one unit from…

Q: A bank is offering 2.5% simple interest on a savings account. If you deposit $5000, how much…

A:

Q: Divya has a 30-year mortgage for $248,000 with a 3.8% fixed annual interest rate. What is the total…

A: Basic simple interest problem of algebra. Here option (C) is correct the solution is provided below

Q: (c). $74,835 invested at 4% for 55 days. Balance = $ Number Interest = $ Number

A:

Q: You bought a bond with 8% coupon rate, 10 year maturity, and $1000 par value for $1,039 one year…

A: We have coupon rate =8% Coupon Amount = face value×coupon rate=$1000×0.08=$80 Total return = (Income…

Q: 5. Ahmed borrowed $450 from his credit union to buy a copier. If the interest rate is 9.9% and he…

A: Interest= p×r×t100, where p is the principal amount, r is rate of interest and t is time in years,…

Q: You have $3,500 on a credit card that charges a 18% interest rate. If you want to pay off the credit…

A: Given- You have $3,500 on a credit card that charges a 18% interest rate. To find- If you want to…

Q: Which term refers to the capital or the sum of money invested? Final Amount Interest Principal…

A: These terms are related to compound Interest. Compound Interest Compound interest is computed on…

Q: An accountant for a corportation forgot to pay the firm's income tax of $321,812.85 on time. The…

A: We are given that an accountant for a corporation forgot to pay the firm's income tax of $321,812.85…

Q: A retiree invests $9,000 in a savings plan that pays 5% per year. What will the account balance be…

A:

Q: (a) What is the rebate fraction of a 36 month loan paid off after the 15th payment ? (b) what is…

A: (a) Consider that a loan for 36-month is paid off after the 15th-payment. Compute the remaining…

Q: Find the interest and amount on P 800 at 6 ½% simple interest for 9 months

A: It is required to find the interest and final amount after 9 months.

Q: A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the…

A: Given that, P = $9000 r = 7% n = 1 year By formula, Simple Interest = Pnr100

Q: What equivalent interest rate that corresponds a discount rate of 9.98% for 700 days?

A: Given: Let us determine the equivalent interest rate for a 9.98% discount rate over 700 days

Q: You  borrowed $1500 at 21% simple interest. What is the total amount to be repaid  1 year 55 days…

A: Consider the following simple interest formula: I=P×R×T100Where,P=PrincipleI=InterestR=Rate of…

Q: On May 28, 2020, Amy purchased a Government of Canada T-bill that matures on August 4, 2020. How…

A: Future value is $10,000 Rate of interest 1.35%

Q: Find the interest earned after 3 years if P12 000 is deposited a savings account which earns 5%…

A:

Q: You have $2,000 on a credit card that charges a 17% interest rate. If you want to pay off the credit…

A: Given: Credit card amount due (PV) = $2000 Annual interest rate (r) = 17% Number of months (t) = 5…

Q: On January 7, 2018, $4000 was deposited into an account which earns 5% annually. Assuming simple…

A: I=PRT

Q: (a) What is the rebate fraction of a 36 month loan paid off after the 13th payment? (b) What is the…

A: Use the Formula of rebate fraction to solve this problem.

Q: Determine the interest earned if $5000 is invested at 4.3% simple interest for 9 years.

A: We have direct formula for simple interest.

Q: how much should you set aside and invest in a fund earning 9 compunded accumulated 200000 in 3 years…

A: Given, Total accumulated wealth= 200,000Rate, R= 9%=0.09Time ,t=13 ( quarterly ) To find: Amount to…