What equivalent interest rate that corresponds a discount rate of 9.98% for 700 days?

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

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Q: How much interest is deducted in advance from a loan of P18,000.00 for one year and 6 months if the…

A: A loan of P18,000.00 for one year and 6 months the discount rate is 9%.

Q: What discount rate is used if the present value ₱89, 400 amounts to ₱135, 800 for 4 years and 5…

A:

Q: What daily interest rate equals a quarterly interest rate of 8%? Give your answer as a decimal…

A: In this case we have to find out the interest rate using equivalence relationship so I'm providing…

Q: What corresponding discount rate equivalent to 10.45% interest rate for 15 months?

A: We can find the answer as below.

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: Find the monthly payment for the loan. Used car financing for $600,000 for 25 months at 11.75%.…

A: here we have to find the monthly payment for the loan. PV (present value of car) = $600,000 n(number…

Q: he Treasury Department auctioned $15 billion in 3-month bills in denominations of $10,000 at a…

A: formula for effective rate =r1-rt where t=3 month12 month=14

Q: Chuong Ngo borrows $3600 from a bank that advertises a 9% simple interest rate and repays the loan…

A: Approximate the annual percentage rate (APR) of a simple interest rate loan by: where n is the…

Q: Jeffery Wei received a 6-year non-subsidized student loan of $32,000 at an annual interest rate of…

A: Consider the provide question, Given, P = $32,000 Annual interest rate = 5.3% We first find the…

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

A: Given: The value of r is 9%

Q: Leslie Salazar borrowed P280,000 at a simple interest rate of 9% for one year. Compute for the…

A: Leslie Salazar borrowed P280,000 at a simple interest rate of 9% for one year.

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

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Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchase a…

A:

Q: You want to build a $100,000 college fund in 18 years by making regular, end-of-month deposits.…

A: A = $ 100,000 Y = 18 APR = 3% n = 12

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

A: Interest rate =11%

Q: What is the monthly payment for $14000 loan for 5 years with an annual rate of 3.6%? Round to the…

A:

Q: PETER PAID 50,000 IN 2.5 YEARS. HE BORROW P40,000 what is the simple interest?

A: In total Peter paid = P50000  Time to pay back = 2.5 years Peter borrowed = P40000

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

A: Find ending balance

Q: What is the simple interest on P125, 000 at 8 3/4 % for 36 months?

A: Solution

Q: Chuong Ngo borrows $2400 from a bank that advertises a 6% simple interest rate and repays the loan…

A:

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: Find the simple interest on a loan of $15,500 at 8.2% interest for 10 months

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Q: What is the present value of 1700 dollars to be paid in 5 years, if the effective rate of interest…

A:

Q: Calculate the trade discount ( in $ ). Round your answer to the nearest cent.  - list price :…

A:

Q: What should be the annual discount rate of a loan if the simple interest rate is 8%?

A: Given Information : Simple interest rate = 8% or 0.08 Let discount rate be D. So, as we know Simple…

Q: A friend lends you $860, which you agree to repay with 2% simple interest. How much will you have to…

A: Other

Q: The pawnbroker charged Elisa a simple interest rate of % (Round to the nearest whole number as…

A: We have to find the simple interest  rate.

Q: What is the simple interest paid on $1600 at 3 % for 4 years? Round your answer to the nearest cent.

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Q: Find the ordinary and exact interest on P10,490 at 10% interest rate for 108 days.

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Q: Find the APR (rounded to the nearest tenth of a percent) for the Purchase a living room set for…

A: Find the APR for the purchase a living room set for 3600 at 12% add on interest for 3 year.

Q: The finance charge that a student pays on his credit card is 18.4% APR (annual percentage rate).…

A: As per given by the question, there are average balance for the year is $5000 with 18.4%ARP. Now,…

Q: If $1000 is borrowed and the interest after 24 months is $300, what is the annual interest rate for…

A:

Q: 398 wit

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

Q: Chuong Ngo borrows 3600$ from a bank that advertises a 6% simple interest rate and repays the loan…

A: The formula to calculate the annual percentage rate (APR) for a loan is: APR = Fees+Interest Paid…

Q: Click here for table of Determine the monthly principal and interest payment for a 20-year mortgage…

A: Given that: The principle amount is $265,000, period is 20 years, and the annual percentage rate is…

Q: A company gets a discount loan at a 12 percent interest rate.  They borrow $100,000 for one year.…

A:

Q: Rosita earned $ 84.55 interest over the period of 146 days on a term deposit with a principal of…

A:

Q: Find the simple interest on a loan of $13,500 at 8.2% interest for 8 months

A:

Q: At auction on August 18, 2005, 3-month T-bills were sold at a discount of 3.470%. What was the…

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Q: Discount $1,000 for 9 months and find the discount. at 5% simple interest and at 5% simple discount

A: Given the principal amount P = $1000. The time period t = 9 months = 912 years. Simple interest rate…

Q: A man is required to pay P57,500 at the end of 15 days and for P60,000 at the end of 60 days.…

A:

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: What is the interest rate per conversion period if P29,500.00 was invested at

A:

Q: Suppose a person borrowed $2000 and repaid the lender $2150 after 10 months. What simple interest…

A: Initial amount =$2000 Final amount = $2150 Intrest Paid = $150

Q: What is the monthly payment for a home costing $375,000 with a 10% down payment and the balance…

A: What is the monthly payment for a home costing $375,000 with a 10% down payment and the balance…

Q: A mortgage of $175,000 is offered to you at 5.25% interest rate for 25 years a) find the monthly…

A: Given amount offered(P) = $175, 000 Interest rate(r) = 5.25% = 0.0525 per annum Interest rate for…