you bortowed money at 10% from Arab national Bank. if you got the loan 2 years ago and paid it off witha single paynent of SR 46,000 ,the principal amount P of the loan is clesest to

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: 2. Jeff invested some of his P 1,500,000 retirement benefit at 12% and the rest at 15% yield. How…

A: Let the investment at 12% benefit be : X  Let the investment at 15% benefit be : Y Therefore X + Y =…

Q: Mr. Tan borrowed ₱15,000 from the faculty fund at 13.25% simple interest for 210 days. How much…

A:

Q: If $10,500 is borrowed for 5 years at an annual simple interest rate of 1.73%, how much interest…

A:

Q: Peter has P560,000 in his bank account in which he opened exactly 3 years ago. If he did not make…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $426,500. The balance on their existing…

A: amount of credit available=?

Q: Your business requests a 3-month loan for 550,000. What will be the interest paid at the d of the…

A: Given query is to find the interest paid

Q: If you have been hired at an annual salary of $23,000 and expect to receive annual increases of 5%,…

A:

Q: A woman earned wages of $40,400, received $2000 in interest from a savings​ account, and contributed…

A: (a) To determine the person’s gross income.The gross income consists of the total income, the total…

Q: (d). $5,680 invested at 7% for 9 months. Balance = $ Number %3D Interest = Number %3D %24

A: Compound interest

Q: On an investment of OMR 50,000, Salim receives OMR 65,000 after one year. If Salim invested OMR…

A:

Q: A man bought a lot worth P2026862 if paid in cash. By installment, he paid a down payment of…

A:

Q: Morgan loaned $3,100 to Rolf at a simple interest rate of 0.65% per month. What was the  term of the…

A:

Q: Mr. Nelson had to borrow $1500 to purchase a new water heater after the snowpacalypse. The loan had…

A: Question is related to interest.

Q: Use the fact that Cash Price = Equity + Outstanding Debt to compute the equity in an item where the…

A: Given, Cash price = Equity + Outstanding debt Cash prize = $ 699000 Outstanding debt = $ 85000

Q: Danny creates up an investment arrangement for a friend that will return $5000 the first year, $6125…

A: We are given that the returns during the first year are $5000, during the second year are $6125, and…

Q: A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018…

A:

Q: Raia purchases a finances it with a at a rate of 4.25% car payments?

A:

Q: Baron went to the bank to buy £400 for a trip to Europe, when the exchange rate was C$1 = £0.5224.…

A: Given: Total amount required = £400 First exchange rate was C$1 = £0.5224 Second exchange rate was…

Q: 3. Lucy takes out a car loan for BD 60000 at an interest rate of 12% simple interest. If a principal…

A: Let us solve the given interest related problem in the next step.

Q: The extinguishing of loan of ₱87,650 will be made by quarterly payment of how much to an agency a…

A: We need to use the total amount payable formula with certain interest over a period of time.

Q: Jane took out a loan for $5200 and was charged simple interest at an annual rate of 10.2%. The total…

A:

Q: Q4: a) How much money would MR. Saad receive after 3 years if he invests Rs.12000 today at 6% simple…

A: Question: 4(a) How much money would MR. Saad receive after 3 years if he invests Rs. 12000 today at…

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: Danny creates up an investment arrangement for friend that will return $5000 the first year,$6125…

A: See the attachment

Q: Your starting salary at a new companv is $34,000 and it increases bv 2.5% each vear. What will vour…

A:

Q: 3. Madison currently has $72,345 in her retirement account, and her goal is to have at $120,000 in…

A: Given that: Money present, P=$72345Money required in future, F=$120000Rate of interest = 3.5%

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

A:

Q: Alex bought a new boat with a 15 year loan at a 2.4% interest rate. If he ended up paying $8456.40…

A:

Q: Mr. Sun borrowed $15,600 for 54 months at simple interest to pay for a new swimming pool. If Mr. Sun…

A: Given, P=$15600 T=54/12=4.5yrs Rate=R

Q: Teresa took out a $3000 loan for 11 months and was charged simple interest. The total interest she…

A:

Q: Assume that her total winnings are $ 400000, that the utility bonds will pay 16 percent per year,…

A: Given: Total winnings=$ 400000 . The utility bond will pay 16% per year. The savings account will…

Q: balance

A: Given Maryam borrowed OMR 4200 from Bank Muscat. If she had paid 3/7 of the loan. To find the…

Q: Golnesa sold her interest in a partnership for $27,000 cash when her outside basis was $9,000. She…

A: Given: Sale price of her interest = $27000 Amount of liabilities relieved = $39000 Outside basis =…

Q: how much will he expect to gain/lose in return? No

A: Here given, Vice Ganda plans to invest 100,000 pesos for a movie block screening for a cause. He…

Q: The extinguishment of a loan of P87, 650 will be made by quarterly payment of how much to an agency…

A:

Q: At the beginning of the year Anna invested a portion of her $90, 000 revenue from the sale of her…

A: The amount invested for 8% annual simple interest be x. The interest would be, I=r·P=0.08x. The…

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: What is the time period of a P10,000 loan at 6.75% simple interest, in which the total amount of…

A: We have to find the time period of a P10,000 loan at 6.75% simple interest, in which the total…

Q: Ransford and Alda Mariano own a home recently appraised for $424,500. The balance on their existing…

A: 80% of appraised value = 0.8* $424,500 = $339,600 But the existing balance on mortgage must also be…

Q: Ernie Rolph borrowed ​$7400 at 8​% annual simple interest. If exactly 1 year later he was able to…

A: Consider a person who borrows $7400 at 8% annual simple interest. He is able to repay the loan…

Q: If you borrow $800 for 6 months at 6% annual simple interest, how much must you repay at the end of…

A: Simple Interest Formula: A = P 1+r·t where A is the final amount. P is the initial amount. r is the…

Q: If Joe Edward earned P1,890.50 in 1 year and 3 months in a mutual fund containing bonds worth…

A: Express the equation for the mutual fund. Future value= Present Value1+r100n Here, r is the rate of…

Q: f Mary received a 10% raise and is now making $17,600 a year, what was her salary before the raise?

A: Mary received a 10% raise and is now making $17,600 a year. To find what was her salary before the…

Q: The simple interest on a $7,600 loan at 7% per year amounted to $4,788. When did the loan mature?

A: To Determine: The simple interset on a $7600 loan at 7% per year amounted to $4788. When did the…

Q: Scott is taking out a mortgage for $258,000 to buy a new house and is deciding between the offers…

A: Given that, Scott is taking out a mortgage for $258,000 to buy a new house and is deciding between…

Q: Sally took a loan of 18000 Rial from S.R Finance to purchase a TV set. If the company charges Simple…

A: Principal = 18000 Rial R= 0.08 p.a for first two years R= 0.1 p.a for next three years.