Veronica took out a 48 month loan of $5,500 to make some home improvements. At a simple interest rate of 3.25%, how much total will She pay? A) $6,740.25 Memorial Day B) $6,215.00 Saturday morning C) $6,393.75 Valentine's Day D) $6,575.50 Mardis Gras E) $6,036.25 last Friday night

Q: The financial officer of Toys and Noise arranges a loan of $8,500, at 8.5% interest, for 31 months.…

A: Given information P=$8,500 Rae of interest r=8.5% Since, time t=31 months Hence, t=3112 years Use…

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: ANSWER :

Q: Your total payment on a 2 year loan, which charged 9.5% annual simple interest, amounted to $70,560.…

A:

Q: a) How much did the man pay for the use of the money? b) Determine the amount he repaid to the bank…

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Q: A farmer purchased 275 acres of land for $4,500/acre. He paid 25% down and obtained a loan for the…

A: Find the annual payment from the given conditions

Q: 2. A consumer loan of Php 300,000.0 converted quarterly. How much is th to enibrn (m aborse

A:

Q: A  woman earned wages of $37,000​, received​ $1100 in interest from a savings​ account, and…

A: Given: Total wage earned by woman is $37,000 Addition amount from savings is $1100 Tax payment for…

Q: If you buy a computer directly from the manufacturer for $2,838 and agree to repay it in 36 equal…

A: Please refer to the image below

Q: Hungen Inc. borrowed $100,000.00 from a financial company with an ordinary simple interest rate of…

A: Here money is borrowed from tbe financial company for simple interest rate . So here we can apply…

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: 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: Find the amount of simple Interest on a loan of $4,500 at 9% Interest for 15 years. O $427.50 O…

A: Profit and loss

Q: Based on that size of loan and the $950 monthly payment, how much would they pay in interest on that…

A:

Q: John's annual gross income is $87,600, but FICA is deducted from his paycheck, and 23% of his salary…

A: given annual gross income of John's =$87,00023% of this income will be=87000100x23=$20010therefore…

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: Find the interest refund on a 33-month loan with interest of $2,859 if the loan is paid in full with…

A: Given, Total interest is $2859. Total time of loan is 33 months, loan is paid in full with 11 months…

Q: A man earned wages of $47,500, received $2500 in interest from a savings account, and contributed…

A: From given information, the amount for wages $47,500, interest from savings account $2500 and…

Q: A bond has a $14,000 face value, a 9-year maturity, and a 2.95% coupon. Find the total of the…

A: Given Principal = $14000 time = 9 rate r = 2.95%

Q: Phil Armstrong earns a gross income of $5,355 per month. He has submitted an application for a…

A: Given that, monthly gross income is $5,355,  monthly PITI is $1,492 and  other financial obligation…

Q: If you buy a computer directly from the manufacturer for $2,654 and agree to repay it in 48 equal…

A:

Q: Find the amount of simple interest on a loan of $2,500 at 4.22% interest for 13.75 months. (Round to…

A: Interest=$2500*12.75 months*4.44%

Q: c. Find the tax due on a taxable income of $24,766. (Round to the nearest cent as needed.)

A: Solution-  Here all part is answered only part C is left  So i am helping to solve part C C) tax due…

Q: How much is the total interest on Mr. Marc Pogi's loan? * O 1,476,237.922 O 1,154,024.752 O…

A: answer : option a) 1,476,237.922Note* in solution I have calculated the approximate values so the…

Q: In order to make some home improvements, a home owner spent $24,000. He paid 10% as a down payment…

A: This question can be solved using APR table.

Q: laney depositedinto, a hank daldes evea 0 years, The bank çompounds inte onfinuosly. What annual…

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Q: Ahmed purchased a Television for RO 800 with a down payment of 15%. The loan is taken from Bank…

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Q: An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be…

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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: Adam leases a car with an upfront payment of $1,629 and monthly payments of $197. Assuming there are…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: solution of the given problem is below...

Q: Margo borrows $1700, agreeing to pa annual interest after 14 months. Hov she pay?

A: Explanation and solutions is given below....

Q: An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be…

A:

Q: The Hilton Resort in South Carolina offers a 3-day accommodation at a promotion price of C$316. If…

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Q: Your total payment on a 7 year loan, which charged 7.5% annual simple interest, amounted to $70,860.…

A: Solution: We know that simple interest formula for calculating principal(borrowed money) is, P =…

Q: The total interest earned for both loans was $1,510.00. H

A:

Q: Given a final value M, related to an investment of 4 years and 9 months, if the present value is…

A: Question: Given final value M, related to an investment of 4 years and 9 months. If the present…

Q: A buisness loan of Php 650,000.00 is to be settled by paying Php 29,994.20 in 2 If the interest rate…

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Q: Mr. Cruz obtained a 16-year mortgagee for 3,592,974. If this monthly payment is 17,520 how much is…

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Q: a $2,900 reclining chair on What was the deposit?

A: Layaway is a system of paying a deposit to secure an article for later purchase.

Q: The chief business officer of plumbing supply company arranges a loan of $12,500 at 10-% interest…

A:

Q: Mr.  Allen purchased an annuity that pays 19% compouned annually. If the yearly payment is $3,500,…

A: With the help of compound interest formula we can solve this problem easily- The formula for…

Q: Adam leases a car with an upfront payment of $1,873 and monthly payments of $182. Assuming there are…

A: We have to solve above question and find what will be the total cost of a two-year lease

Q: Use the ordinary interest method to find the rate of interest that Valley Mountain Vineyards pays on…

A: Given information Principal amount P=$5,600 Time t=235 days ⇒t=235360 years Amount of interest…

Q: Your total payment on a 7 year loan, which charged 6% annual simple interesr , amounted to $60,860.…

A: Given information -  Time period of the loan = 7 year. Rate of simple interest = 6% Total amount…

Q: A bank in London, Ontario has a buying rate of CHF 1 = C$1.2973. If the exchange rate is CHF 1 =…

A:

Q: If you pay $1,277 each month on your home mortgage for 20 years, how much will you pay in total for…

A: Total pay = money pay per month × duration

Q: A loan of PhP 75,000 with level payments to be made at the end of every month for 24 months with…

A:

Q: Matthew obtains a 25-year $149,000 house loan with an APR of 8.04%. What is his monthly payment?

A:

Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.