Solve the given problems completely. Mr. So borrowed Php200,000 from a cooperative that charges 15% yearly. He used the loan to start his food stand business. How much will he pay for the loan after 18 months?

Q: Jontell needs surgery on her foot. Assume that she has insurance and the surgery cost $5,000 and she…

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Q: Jenna borrowed $5,000 for 3 years and had to pay $1,350 simple interest at the end of that time.…

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Q: Jazelle Momba wants to visit her family in Zimbabwe in 2025, which is 7 years from now. She knows…

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Q: A new one-year membership at RecPIEX COSTS $160. A registration fee of $28 is paid up front, and the…

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Q: Mustafa contributes 15% of his $67,200 annual salary to his 401(k) plan. What is his pretax income?

A: Given that Mustafa’s annual salary is $67,200 he is contributing 15% of his annual salary to his…

Q: 2. Nicole and Janice received a total of P 600 in 5-peso coins last Christmas from their…

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Q: You inherit $70,000 from a very wealthy​ grandparent, with the stipulation that for the first​ year,…

A: Let x (in dollars)  be the amount invested at 4% and then amount invested at 10% is (70000-x)…

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: Anna's employer covers 80% of the cost of a $5700-per-year health insurance plan, and her share of…

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Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…

A: Cost of necklace = $259 Down Payment = $19 Amount left to be paid = Cost of necklace - Down Payment…

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

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Q: Dean is planning to purchase a new Nissan Altima which costs $26,865.  He has saved up $3,200 to put…

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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: You pay off a debt of $750 by paying 19% of the remaining balance each month. How many months will…

A: Given that , Initial debt D0=$750 r=19% when Dt=450 then t=?

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

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Q: To pay for his debt at 10% compounded semi-annually, рay Marcus committed for 10 quarterly payments…

A: To determine the amount of money Marcus borrowed.

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: Your University magazine, The Indus Magazine, has fixed production costs of Rs.1.5 million per…

A: We have given that The Indus Magazine ,has fixed production costs of Rs 1.5million per edition and…

Q: How much money will be in the account of Mr. Jinyoung Park at the end of three years, if he invested…

A: Given:- If invested ₱5,000 in an account paying 8% annually for three years To find:- How much money…

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

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Q: your total payment on a 2 year loan, which charged 9% annual interest, amounted to $40,260. how much…

A: Given data is: Future value is FV=$40,260 Annual interest r=9% Time t=2 year To find how much did…

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: Provide step by step manula solution, formula, and diagram for below given problem.    Juan dela…

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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: Imelda took a loan of Php950,000 from a financial institution to purchase a TV set. If the the…

A: Formula of compound interest: A=P1+rnnt where, A= Final amount P= Initial amount r= rate of interest…

Q: The price of a home is $220,000, financed at 7% with a 30 year fixed rate. 20% down and 3 points…

A: The down payment is = Price of Home × percentage of down payment = $( 220,000 × 20%)…

Q: If you are selling your house with a local realtor who requires a 3% commission fee what can you…

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Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…

A: Given,       the cost price of the necklace is $259       the discount given on the necklace is $19

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: If $600 is borrowed and the interest after 24 months is $120, what is the annual interest rate for a…

A: Solution

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: A couple can afford to make a monthly mortgage payment of $650. If the mortgage rate is 9% and the…

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Q: Pamela Mello is paid on an incremental commission schedule. She is paid 2.9% on the first $60,000…

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Q: Wanda took out a payday loan with an effective interest rate of 19,300%. If she had $460 to invest…

A: Use the formula Interest=Principal×Rate×Time100 to calculate the interest.

Q: Assume that her total winnings are $ 400000, that the utility bonds will pay 16 percent per year,…

A: Given: Total winnings=$ 400000 . The utility bond will pay 16% per year. The savings account will…

Q: A man repays a loan of $3250 by paying $ 20 in the first month and then increases the payment by $15…

A: Let the loan is cleared in n months . Clearly, the amount form an A.P with first term is 20 and the…

Q: How much should be the Engineer borrow from a bank that charges 10% simple discount for 6 months if…

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Q: If your credit card balance is $ 410.35, what would be the minimum payment on your bill if you are…

A: Money owed  =  $410.35    3% of this money is  =3100×410·35  =$12.3105    As 3% of $410.35 =…

Q: if a loan's annual simple discount rate is 4.34%, how many years would it take for the debt to…

A: Given discount rate dR=4.34%=0.0434. Formula for given problem is M=P1-dRT…

Q: If you borrow 1800 dollars from a lending agent for 65 weeks and in the end you have to pay 270…

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Q: You inherit $ 70000 from a very wealthy​ grandparent, with the stipulation that for the first​ year,…

A: To work out the two amounts (investments) using the given data.

Q: Jackie has a saving account that promises to increase her balance by 1.5% per year. If she deposits…

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Q: A payday loan is made for five weeks, where the amount of interest owed per $⁢100 borrowed is $⁢20.…

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Q: How much do you need to deposit each month for three years into a savings account that pays 6.5% APR…

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Q: If you take out a short-term loan for $800 at 250% interest for 11 weeks, how much interest will you…

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Q: If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to…

A: Topic:- simple interest

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: How much will your principal be? At the end of 5 years, how much will you have to pay back? If you…

A: Here AS PER POLICY I SHOULD HAVE TO CALCULATE 3 SUBPART ONLY EVEN IF I HAVE CALCULATED 4 PLZ REPOST…

Q: If you pay $5,500 for a simple interest note that will be worth $6,000 in 21 months, what annual…

A: topic - percentage