Use simple interest formula: Principle=?  Rate=   3.45%         Time= 9 months    Interest=  51.75        Future value=?

Q: A financial adviser recommends a client deposit $1500 in a fund that earns 9.5% annual interest…

A: To find the interest rate per month

Q: What is the simple interest rate of $290, 12.5%, 6 months

A:

Q: What is the purchase price of a 33-week T-bill with a maturity value of $1072 that earns an annual…

A: Given that  Maturity value is 1072 Interest rate is 8.5% To find the purchase price

Q: What is the annual opportunity cost of a checking account that requires a $300 minimum balance to…

A:

Q: Assume the monthly payment of a loan amount of $400,000 is $1450.  How long will it take to retire…

A:

Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: 13. Calculate the simple interest on a bank loan of $200,000 for a month, with a quoted rate of 6%…

A:

Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

Q: What monthly interest rate equals a quarterly interest rate of 15%? Give your answer as a decimal…

A:

Q: Find the ending balance: $45,000 for 18 months at 4% annual compound interest

A:

Q: When calculating present value, the _____ the interest rate, the smaller the present value amount.

A: Answer When calculating present value, the _____ the interest rate, the smaller the present value…

Q: Calculate the simple interest due on a 66-day loan of $1500 if the interest rate is 3%. (Round your…

A: Calculate the simple interest due on a 66-day loan of $1500 if the interest rate is 3%. (Round your…

Q: Consider a 30-year fixed-rate home loan of $417,500 with an interest rate of 5.875%. What is the…

A: We will find the monthly payment as following.

Q: What Is the monthly payment for a $14,000 loan for 6 years with an annual interest rate of 3.8%?

A:

Q: An investment will pay 5000 dollars at the beginning of 2001, and 3800 dollars at the beginning of…

A:

Q: What quarterly interest rate equals an annual interest rate of 2 %? Give your answer as a decimal…

A: Given that: Annual interest rate, i=2%

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: If an interest rate of 5% results in interest of $50, what is the principal amount of the loan?

A:

Q: Consider a 30-year fixed-rate home loan of $403,500 with an interest rate of 5.625%. What is the…

A: We have to find the monthly payment for the given loan.

Q: What monthly interest rate equals a quarterly interest rate of 4%? Give your answer as a decimal…

A: First we have to know that number of times intrest applied per year in monthly and quarterly intrest…

Q: Use simple interest formula: Principle=6850    Rate= 5%           Time=?     Interest= ?…

A: to find time and interest using simple interest

Q: A) if you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be…

A: As per the company guidelines i am solving the first question please resubmit the question for…

Q: Find the amount applied to principle for the third month of a 4-year loan of $12,200 which charges…

A:

Q: Suppose you borrow P15,000 and required to pay P15,315 in 4 months to pay off the loan and interest.…

A:

Q: 3. Ryza borrows Php150,000. At what rate compounded bi-monthly will her interest be if she agrees to…

A: Given that Ryza borrows Php 150,000. She agrees to pay Php 10,000 more at the end of 2 years. And…

Q: Find the ending balance: $1,500 for 22 years at 9% annual compound interest

A: Compound interest is calculate as: A = P(1+r)t A = final amountP = principal amountr = interest…

Q: Calculate the simple interest due (in dollars) on a 60-day loan of $1,600 if the annual interest…

A: Given

Q: Ann and Tom want to establish a fund for their Grandson's education. What lump sum must they deposit…

A:

Q: Use simple interest formula: Principle=8400    Rate= ?           Time=60 days     Interest=    1260$…

A:

Q: Suppose that a savings account pays an effective rate of interest of 11 percent. What is the…

A: Interest rate =11%

Q: USE SIMPLE INTEREST TO FIND THE ENDING BALANCE   $1, 300 AT 5 % FOR 6 years

A: Find ending balance

Q: Using the formula A=P+I, calculate the maturity value of a simple interest, 125 day loan of $8650 if…

A: We we have to find out the value

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: Suppose you pay back $655 on a $625 loan. You had the loan for 75 days. What was your simple annual…

A:

Q: What's the interest in a $500 loan at an annual simple interest rate of 9% at the end of 1 year?

A:

Q: Suppose you buy a home and finance $170,000 at $1247.40 per month for 30 years. a) What is the…

A: Given  Home price  is P= $170,000 Monthly charge is PMT = $1247.40 The number of years is t= 30…

Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A:

Q: Find the balance in an accou interest rate of 3.8% per yea

A:

Q: What is the present value of an annuity that consists of 25 annual payments of $1200 at an interest…

A:

Q: Use simple interest formula: Principle=5000    Rate=  ?          Time= 2yrs    Interest=   ?…

A:

Q: (a) If the inflation rate is 6%, how much will a house now worth $465, 000 be worth in 10-years? (b)…

A:

Q: Use simple interest formula: Principle=?    Rate=       2%     Time=   ?  Interest= 2500…

A:

Q: (a) Compared to the 10-year loan, each payment of the 5-year loan will be $ greater. (Round the…

A: We are given that $ 50,000 is borrowed at an annual interest of 6%  and that there are 4 interest…

Q: What annual interest rate is earned by a 11-week T-bill with a maturity value of $1,500 that sells…

A: Future  value equation is  F=P(1+i)n, where F stands for future value of a product. P stands for…

Q: Complete the following using compound future value. Time 12 years, Principal $15,000, Rate 3 1/2%,…

A: According to the given information,

Q: 1. At 10% interest rate, how much should you invest today to be able to withdraw Php10,000.00…

A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

Q: What quarterly interest rate equals an annual interest rate of 15 %? Give your answer as a decimal…

A: Given problem is :   What quarterly interest rate equals an annual interest rate of 15 %? Give…

Q: What monthly interest rate equals a quarterly interest rate of 2%? Give your answer as a decimal…

A:

Q: The maturity value of a 3-month loan of $4000 is $4085. What is the simple interest rate (%)? (1…

A: We know that          Simple Interest =   ( P × r × t ) ÷ 100       where    P = Principal value…

Q: The maturity value of a 50-day loan of $530 is $540. What is the annual simple interest rate (in…

A: