oe Clemente bought a stereo costing $600 with $200 down and 10% add-on interest to be paid in 18 equal monthly installments. What is the finan

Q: Corey would like to purchase a new car for $28,000.  How much will his monthly payments be if he…

A: Given that: Principal amount of loan, P=$28000TIme period of loan = 5 yearsRate of interest, r=5.75%

Q: The cost to purchase the house that Bainters are considering is $195,000 but the Bainters plan to…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Angelica Reardon received a 5-year non-subsidized student loan of $15,000 at an annual interest rate…

A: Given 5 years The student loan of 15000 at the interest rate of 6.6%. The value of loan after 4…

Q: If Tanya purchased a $1,700 set of golf clubs on a 9-month layaway plan and had to pay a monthly…

A: Given that $17000 set of golf clubs is purchased. Monthly payment is $201 and number of months is 9.…

Q: Michael needs Php 10,000 for the renovation of their house. If he will apply for a discounted one…

A: Simple interest(I) of principal amount P, with rate of interest r% for t years is given by, I=…

Q: Gerry is buying 80 acres of farmland that cost $250,000. He will take out a 20-year loan with a 1.9%…

A: Let's find.

Q: Madi is looking to buy a used car that will cost her $10,000. She will make a down payment of $5,000…

A:

Q: 5. Ms. Cruz can buy a piece of property for P6,500,000 cash or P4,200,000 in five (5) years. If she…

A: Given:         The first option is paying ₱6,500,000.         The second option is paying…

Q: Joshua’s computer loan statement said that he would pay $1,244.34 in simple interest for a 3-year…

A: Given that, Joshua's computer lean statement said h would pay $1244.34 in simple interest for a 3…

Q: The Habers purchase a $6500 living room set and take out a two-year loan for the entire amount at…

A: given  principal P=$6500 interest rate i=26% i=2612 =2.1666% =0.021667 time t=2 years number of…

Q: Ransford and Alda Mariano own a home recently appraised for $428,500. The balance on their existing…

A: The appraised value of the home is $428,500.

Q: Monique buys a $5,127 air conditioning system using an installment plan that requires 12.5% down.…

A:

Q: karen and wayne need to buy a refrigerator because theirs just broke. unfortunately, their savings…

A:

Q: If you finance the cost of your car ($200,000) at 6.9% APR for 3 years, determine the monthly cost:…

A:

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: A loan of $7,215 was repaid at the end of 11 months. What size repayment check (principal and…

A: The amount of the repayment check was $____

Q: 3. Mocca Blanca invested P45, 000 for 2 years and 8 months and earn P12,450 interest. What was the…

A: Mocca Blanca invested P45, 000  for 2 years and 8 months and earn P12,450 interest . We have to find…

Q: The purchase price of a product is RO 16,000 and the down payment is OMR 2,000. What is the amount…

A: As our company policy,we are supposed to answer only one question.Kindly repost other questions.

Q: If sue borrowed $6300 from the bank , she has already paid 2/7 of the loan, whats the remaining…

A:

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately,their savings…

A: Given: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their…

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

A:

Q: Mychael wants to buy some new exercise equipment for his home gym for 377,000 financed and in annual…

A:

Q: Three years ago, Pete took out a loan of $55,000.  The loan was taken out for 10 years with an…

A:

Q: Kachina Caron invested $1800 in a simple interest account and earned $36 in 3 months, what is the…

A:

Q: A tricycle costs ₱ 120,000.00. A young engineer availed one but by installment payments. If the…

A: given PV=120,000 PMT=3000 monthly payment i=1.5 % i=1.5100×12 =0.00125 claim- find the number of…

Q: Toni Torres wants to save $1,200 in the next two years to use as a down payment on a new car. If her…

A: Amount = $1200 Interest = 9% 2 years = 24 months

Q: If money is worth 14%, what payment on August 29 would be equal in value to a payment of $86,900 due…

A:

Q: Lainee would like to purchase a new car for $45,000.  How much will his monthly payments be if he…

A:

Q: Sammy wants to buy a new stereo priced at $413. He enters into an agreement to pay $20 a month for…

A:

Q: 5. The Remicks want to finance a cruise to Alaska for $2,800. The offer is for no money down with…

A:

Q: Mr. Jackson borrowed money from his bank and on his life insurance to start a business. His interest…

A: .as per our norms we are allowed to solve one question at a time.  Kindly repost the remaining…

Q: If a car priced  at $17,305 is offered for nothing down with 60 monthly payments of $397.63, what is…

A: Given Information -  Cost of the car = $17,305 Monthly payments to clear the debt = $397.63 Number…

Q: Sammy wants to buy a new stereo priced at $436. He enters into an agreement to pay $21 a month for…

A: GIVEN: Sammy wants to buy a new stereo priced at $436. He enters into an agreement to pay $21 a…

Q: Ruth availed of a cash loan that gave her an option to pay P5,000 monthly for 1 year. The first…

A:

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: interest and agreed to pay it off over a 2 year period, how much would your monthly payment be?

A:

Q: An automatic washing machine was sold at P45, 000. Li and Martin purchased with a down payment of…

A:

Q: Sam Song plans to buy a $16,000 Ford Focus with an interest charge of $4,000. Sam figures he can…

A:

Q: ok out $12,000 in student loans to pay for his schooling. If he must pay the loan back over 10 years…

A: Simple interest: Simple interest is a method for calculating the amount of interest charged on a sum…

Q: What is her monthly payment on a 2010 Honda Civic priced at $4500 with a 15% interest rate for a 10…

A: formula for EMI is as below :

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

A:

Q: Jill has a loan of $1600 . If she is charged 2% simple interest per month, how much interest is she…

A: The formula to calculate the amount on simple interest is given below: A=P(1+rt) where, A is the…

Q: You want to make monthly payments of $440, but you don't want a car loan over your head for more…

A: Let the loan amount is P. it is given that monthly payment M is 440. the interest rate is 0.015…

Q: A newspaper advertisement offers a 9000 car for nothing down and 36 easy monthly payments of 302.50…

A: Given ,  A newspaper advertisement offers a $ 9000 car for nothing down and 36 easy monthly payments…

Q: Sammy wants to buy a new stereo priced at $403. He enters into an agreement to pay $21 a month for…

A: Sammy wants to buy a new stereo priced at $403. He enters into an agreement to pay $21 a month for…

Q: Jane Windsor financed a $5,900 ski boat with a 12% add-on interest installment loan for 12 months.…

A: Ski boat cost=$ 5900Down payment need to pay on purchase=10100x5900=$590∴Remaining principal…

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: Given: Cost of refrigerator is $1500+5%sales tax. Interest rate of installment loan offered by…

Q: Scott is taking out a mortgage for $258,000 to buy a new house and is deciding between the offers…

A: Given that, Scott is taking out a mortgage for $258,000 to buy a new house and is deciding between…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.