Jason takes out a car loan for $14,500 and is paying simple interest of 7%.  He finances the loan for 6 years. A - How much interest will Jason pay over the term of the loan?         B - How much will Jason end up paying for the car over the 6 years?

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A: Given: Bob deposited $15,000 in a CD for 3 years paying 4.33% simple interest.  Find the total…

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A: Given: Lynn borrows a loan for cosmetic surgery of $5500 at simple interest rate 7.3% for 48 months.

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A: Formula used:

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A:

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A: Future Amount (F) = P50,000 interest rate (i) =12% number of months (n)= 9 months

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A: It is given that Melissa received an 8-year loan of $29,000 at an annual interest rate of 4.5%.

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A: Since you have posted a multi subparts question according to guildlines I will solve first three…

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Q: You put a $4,500 dining set on layaway and put down a 10% deposit. What is the balance?

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Q: You will have a 350,000 mortgage for 30 years at the rate of 2.39%. What will your monthly payment…

A: We will find out the required monthly payment.

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A: Principal amount is: P = $ 17,240 Interest rate is: r = 8.25 % Total time period of loan: t = 5 year

Q: Mr. Smith borrowed $26,000 to purchase stock for his baseball card shop. He repaid the simple…

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Q: Caitlin borrowed a certain amount of money for 6 years at an annual simple interest rate of 5.2%. If…

A: Given:   Caitlin borrowed a certain amount of money for 6 years at an annual simple interest rate of…

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Q: Aamon is buying a Honda car and takes out a 4-year simple interest car loan for $15000 at a 3%…

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Q: To buy a car, Sophia borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much…

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Q: A man bought a Ford vintage car for P210,000 on installment basis at the rate of 12% per year…

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Q: Steve Carrell has agreed to deposit $200 into a fans bank account on their 20th birthday and to…

A: Given : Steve Carrell has agreed to deposit $200 into a fans bank account on their 20th birthday and…

Q: Melissa Hernandez received an 8-year subsidized student loan of $28,000 at an annual interest rate…

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Q: A graduating college student owes $41,866 for a student loan. The loan charges an APR of 4.2%. What…

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Q: Jennifer received a loan at 5% p.a. simple interest for 8 months. If he was charged an interest of…

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