Zayn buys a new phone for $600 and pays for it over two years with 6.% simple annual interest. What is his monthly payment?

Q: Hannah has $33,292 in a savings account with simple interest. If she deposited $28,700 two years…

A: NOTE: Refresh your page if you can't see any equations. . here we have  A=33292 P=28700 t=2 years

Q: Calculate the simple interest earned. Round to the nearest cent. P = $5000, r = 3.3%, t = 22 days

A:

Q: Lucy deposits $3000 into an account that pays simple interest at a rate of 3% per year. How much…

A: Simple interest formula for an amount of P at an interest rate of r% for t years is given by;…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 2.6%, t = 22 days

A:

Q: You borrow 1000 from your brother and agree to pay back 1060 in 20 months. What simple interest rate…

A: Formula used:

Q: Moira borrowed $8,700 from her grandfather to pay for her first year of college. Five years later,…

A:

Q: Carlo purchases a new laptop computer from Microworx Computer Solutions for Php14,990. If the sales…

A: Given:  The cost of the new laptop is Php14,990 and the sales tax is 4.25% of the purchase price.…

Q: Moira borrowed $3,500 from her grandfather to pay for her first year of college.  Four years later,…

A:

Q: Carolyn will receive a 5% increase in pay this year and a 6% increase next year. What is the percent…

A:

Q: Bella bought a living room suite for P85 000.00. She agreed to pay in 5 months at 12% simple…

A: We are authorized to answer one question at a time, since you have not mentioned which question you…

Q: Hui purchased a 91-day T-Bill that has a face value of $1000 and an interest rate of 4.00% p.a. a.…

A: Given, Interest Rate R=4.00%=0.04 Face Value = $1000 91 days T-bill

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 5.2%, t = 17 days

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Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

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Q: MIKE DEPOSITED ON MARCH 12, 2020 AT 10.5% SIMPLE INTEREST. ON SEPTEMBER 8, THE FUND ACCUMULATED TO…

A: Given- Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, the fund…

Q: You take out a 50-day single-payment loan for $910 with an interest rate of 19%. Find the amount of…

A: using :- simple interest = P×R×T

Q: You buy a car for$12000 on simple interest at 6% for 5 years. You will be financing the car plus…

A: You buy a car for$12000 on simple interest at 6% for 5 years. You will be financing the car plus…

Q: Alan borrowed $30,000 from Janet due in five years at 10% monthly. Two years after the debt is…

A: Present value = future value/(1+r/m)^(m*n) Given  Future value =$30000 r=10%  n=5 years m=12

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 7.5%, t = 23 days

A: Given P=4000$ r=7.5% t=23 days We know that simple interest I=P×R×N100 N=23365 Therefore,…

Q: Carolyn borrowed $38,500 to pay for college. If the interest rate is 3.2%, how much total will she…

A: A = P(1+r/100)n P = Principle A = amount r = interest rate n = number of years

Q: Margo makes $82,000 every year. If she spends $24,000 on rent each year, what percent of Margo’s…

A:

Q: takes the loan for a year, what will be his monthly payment to the nearest penny to repay the loan…

A: The datas given in the question are  Principal=$450 Interest rate=9.9 Time period=1 year

Q: Dylan deposited $4,000 in a 3-year CD account that pays 3.08% interest, compounded weekly. What is…

A: Use formula of compound interest weekly.

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: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 5.50%, t = 4 months…

A:

Q: You took out a loan of $8,000 in 2015 at an interest of 6% simple interest. What is the total amount…

A: We have to solve the given question.

Q: Evelyn pays $10,000 for shares in a new company. She sells the shares 10 years later for $15,000.…

A: Given data: Cost of the investment= $10000 Current value of the investment=$15000 Time=10 years…

Q: Nicolas Cage borrowed $3,456 from his nephew to fund his new movie. Eight months later, he paid back…

A:

Q: Find the simple interest rate of the principal of Php. 15,000 with simple interest of Php. 30,000…

A: Given Principal (P)= Php15000 Simple interest (SI)= Php30000 Time (T) = 5 years

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 4.25%, t = 6 months

A:

Q: Yu-Feng Liang bought a used car for $8000. He made a down payment of $1000 and paid off the balance…

A: Value of Down Payment = $1000 Monthly payment of $202 for 48 months Total Payment made by Yu-Feng…

Q: A recent college graduate borrows $150,000 at an interest rate of 6% to purchase a condominium. A

A: Given a recent college graduate borrows $150000 at an interest rate of 6% to purchase a condominium.…

Q: Jake borrows $2,500 at an interest rate of 15% a year. If he repays the loan in 2 years, how much…

A: Assuming the simple interest, Interest = PRT/100 Where P= principal R = rate T = time

Q: Mrs. Stevens bought a Mustang for $ 25,000. If it depreciates at a rate of 15% a year. What is the…

A: Depreciation amount is equal to 15% of 25000.

Q: Anthony purchased a $229 stereo system at Wrigley's Department Store. He paid $40 down and agreed to…

A:

Q: You put a $4,500 dining set on layaway and put down a 10% deposit. What is the balance?

A: Answer

Q: Miguel purchased a hot tub costing $5,010 by taking out an installment loan. He made a down payment…

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9030, r = 5.25%, t = 6 months

A: Given data is : P=$9030r=5.25%t=6 month=612 year=12 year To find the simple interest.

Q: Daniel paid $825 simple interest on a $1,400 loan for 5 years. What was the interest rate?

A: Here we have to find the interest rate i.e 'r'.

Q: Maria paid ₱9,300 on a loan made 6 months before at 14% simple interest. Find the interest…

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Q: A loan company charges $50 interest for a one month loan of $1000. Find the annual interest rate…

A:

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: Bailey received a loan of $13,690 from her friend. If she was charged the interest amount of $965 at…

A:

Q: Mr. Smith borrowed $26,000 to purchase stock for his baseball card shop. He repaid the simple…

A:

Q: Mr. X intends to earn P150,000 in interest each year. How much needs he invests for a year at an…

A: Since you have asked multiple questions in a single request, we would be answering only the first…

Q: Patty took out a payday loan for $700 due in 2 weeks that charged a $140 fee. What is the periodic…

A: We can find the annual  rate of interest as follows

Q: Jacqueline took out a $30,000 student loan with a fixed interest rate to pay for college. Jacqueline…

A: The amount of loan she took P1 =  $30,000  The current loan amount balance P2 = $56,000   Percentage…

Q: Find the interest paid by veronica on P35,000 that she borrowed for 2 years at 15% simple interest.

A: Given: P=$15000t=2 yrsr=15%

Q: Calculate the simple interest earned. Round to the nearest cent. P = $8000, r = 9%, t = 1 year

A:

Q: Calculate the amount of simple interest earned. Round to the nearest dollar. $2000 at 9% interest…

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $3000, r = 4.8%, t = 19 days

A: P = $3000  r = 4.8%,  t = 19 days t=19365=0.052 year simple interest=I I=prt…