Use PMT = Round to the nearest dollar. - nt 1- Suppose that you borrow $30,000 for four years at 8% toward the purchase of a car. Find the monthly payments and the total interest for the loan. ..... OA. $732; $35,136 OB. $2,095; $70,560 OC. $857; $41,136 DD. $732; $5,136

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A: COMPUTER REPLACEMENT The community college where Roman Rodriguez works sets aside an annual payment…

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A: Solution is in step 2

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Q: If an amount of $1821 is borrowed at a simple- interest rate of 7% for 4 years. Then the simple-…

A: The principal amount, P = $1821 Simple interest rate, r = 7% = 0.07 Time, t = 4 years To evaluate :…

Q: A person lent P5000.00 to B for 2 years and P3000.00 to C for 4 years on simple interest at the same…

A: according to our guidelines we can answer only one question and rest can be reposted.

Q: 1. Suppose that you borrow $10,000 for four years at 8% toward the purchase of a car. Find the…

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Q: Find the present value P and amount F of the ordinary annuity  1. Quarterly payments of 2000 pesos…

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Q: Question 14 Esther pays $355 per month for 6 years for a car She made a down payment of $2.500 If…

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Q: nearest

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Q: A contract calls for a payment of P 1,200 at the beginning of each month for 12 months. At what rate…

A: We will use basic knowledge of the compound interest formula to answer this question.

Q: a) Determine the simple interest rate at which $10,000 will grow to $10,500 in 10 months.

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Q: Use the sinking fund formula shown to the right to determine the monthly payment needed to…

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Q: Find the present value of $52500 at a simple interest rate of 7 1/2% in 8 months.

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Q: mpounding interest and an APR of 4.5% in sume no additional deposits are made.

A: Given as, 8 years is $25,000 and APR of 4.5%.

Q: c. If you plan to put your graduation money into an account and leave it for 20 years while you go…

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A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

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A: calculate the present value .

Q: Suppose that on November 1, 2021you have balance of $12,000 on your credit card, which you want to…

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Q: Apollo Enterprises has been awarded an insurance settlement of $4,000 at the end of each 6 month…

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