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Loan Calculation
Page 2
Questions (97)
A loan requires A 12% down payment and 24 equal monthly payments of $195.00 the amount that needs to be borrowed is $4,200
1 answer
asked by
Anonymous
451 views
jeromeborrowed an amount of money on 16th june 1999. he has to pay Ri7500 back on 25th feb 2000. what was the amount borrowed if
1 answer
asked by
rita
560 views
Jim Hindson’s bank granted him a single-payment loan of $3,400 for 144 days at an annual interest rate of 18%. His bank
1 answer
asked anonymously
34 views
Find the amount paid for the loan
$1500 at 9% for 2 years
5 answers
asked by
Jenna
983 views
OMG I CAN NOT get this !!!!
Purchase price of article = $495 Down payment = $50 Number of payments = 36 True annual interest rate
1 answer
asked by
sarah
822 views
Mrs Ricky borrowed $5,340 at a bank at 9.5% per annum simple interest for 5 years.
(A) the sum of money paid in interest to the
7 answers
asked by
Andre
1,920 views
The balance on a car loan after 4 years is $8,996.32. The interest rate is 5.6% compounding annually. What was the initial value
2 answers
asked by
kyle
723 views
Sam purchased a used car for $14,750. He put $2,000 down and financed the rest with a 48-month, 7.5% loan.
What is his monthly
3 answers
asked by
anonymous
763 views
The annual interest rate for a customer’s loan of $425 is 15.75%. What is the total dollar amount to be repaid on the loan,
2 answers
asked by
Anonymous
687 views
Samantha is going to buy a new Dodge Saturn for $20800. After a 5% down-payment the dealership will offer a loan for the
3 answers
asked by
Tyreice
610 views
Calculate the amount to be paid back after three years on a $3,000 credit card loan with an interest rate of 15% compounded
1 answer
asked by
Hate my life
77 views
Suppose Alice buys a car and obtains a 5 year loan for $25,000 at an interest rate of 6%.
Suppose A is the amount borrowed, r is
3 answers
asked by
Shelly
591 views
Student loans. Brandt's student loans totaled $2500. Part was mde at 3% interest and the rest was made at 2.5%. After the one
2 answers
asked by
A.W.
528 views
Kate bought a new car priced at $21,300 with 15% down and the balance in equal payments over 4 years at 7% compounded monthly.
2 answers
asked by
Daniel
498 views
What is the maturity value of the following loan? Use MV = P(1 + RT) to find the maturity.
Principal=$120,740, Rate=11¾ and
2 answers
asked by
keionna
499 views
Question Part
Points Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $118,000 home bought with
2 answers
asked by
Shay
509 views
a bank loaned out 60000, part of it at the rate 14% per year and the rest at a rate of 8% per year. if the interest received was
3 answers
asked by
cindy
478 views
A loan for $2000 is paid back over a period of 5 years. The interest rate is 5% compounded monthly. Determine the monthly
5 answers
asked by
Ajsjdjdjjd
480 views
Katie Chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture. If the loan was repaid in 2½
1 answer
asked by
Beth
474 views
I'm having a bit of trouble with the following problem. Thanks!
Kevin bought a new car for $22,000. He made a down payment of
1 answer
asked by
SSS
473 views
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate).
A car with a sticker price of $42,200 with factory
1 answer
asked by
Ronald
472 views
if i buy a house for $184,000, and plan on paying a down payment of 10% and doing a 30 year loan plan, what will my monthly
1 answer
asked by
abby
32 views
Sophia is buying her first car. She wants a Volkswagen Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
3 answers
asked anonymously
71 views
Sophia is buying her first car. She wants a Volkswagen Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
1 answer
asked anonymously
72 views
Sophia is buying her first car. She wants a Volkswagon Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
1 answer
asked anonymously
34 views
Calculate the final loan amount of a 22500 auto loan with a 3.2% simple interest rate over a 5-year term.
7 answers
asked anonymously
298 views
Sophia is buying her first car. She wants a Volkswagen Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
5 answers
asked by
Toby
77 views
Sophia is buying her first car. She wants a Volkswagon Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
1 answer
asked by
Anonymus 8995
31 views
Sophia is buying her first car. She wants a Volkswagon Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
1 answer
asked anonymously
23 views
Sophia is buying her first car. She wants a Volkswagen Jetta . it costs $21,345 plus $ 2,500 for upgrades like floor mats and a
1 answer
asked anonymously
40 views
Sophia is buying her first car. She wants a Volkswagon Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
5 answers
asked by
lovely mystery
37 views
Sophia is buying her first car. She wants a Volkswagon Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
1 answer
asked anonymously
27 views
Calculate the final loan amount of a $500 credit card loan with a 16% compound interest rate, compounded monthly, for a 1-year
3 answers
asked by
GhostGirl
233 views
Calculate the final loan amount of a $22,500 auto loan with a 3.2% simple interest rate over a 5-year term.(1 point)
Responses
1 answer
asked anonymously
216 views
Calculate the monthly payment for a student loan of $54,112 at a fixed APR of 5% for 12 years.
1 answer
asked anonymously
30 views
Using an online loan calculator, find the total cost of repaying a $75,000 mortgage loan with a 4.5% fixed annual interest rate
1 answer
asked by
.
235 views
Calculate the final loan amount of a $500 credit card loan with a 16% compound interest rate, compounded monthly, for a 1-year
1 answer
asked anonymously
72 views
Shophia is bying her fist car. She wants a Voltswagon jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
1 answer
asked by
bob
16 views
Determine the cost of credit for a 2-year, $5,000 credit card loan with a monthly payment of $257.67, which corresponds to a
1 answer
asked anonymously
34 views
Sophia is buying her first car. She wants a Volkswagen Jetta. It costs $21,345 plus $2,500 for upgrades like floor mats and a
3 answers
asked anonymously
39 views
Calculate the final loan amount of a $500 credit card loan with a 16% compound interest rate, compounded monthly, for a 1-year
7 answers
asked anonymously
27 views
Juan Ramírez pide un préstamo a un banco por $45000 a una TEA del 18% y durante 4 años. A cuánto asciende la cuota mensual
1 answer
asked anonymously
36 views
I am paying a brand new car for 10 years, the price is 20,000$. And there’s 11% of interest what is the final price ?
1 answer
asked anonymously
17 views
Amin took a loan of RM P from bank at an interest rate of 6.5% compounded every two months.
After 8 years, the amount to be paid
1 answer
asked by
Tharshana
9 views
Suppose you want to buy a car. The dealer offers a financing package consisting of a 3.6% APR compounded monthly for a term of
1 answer
asked anonymously
25 views
You are purchasing a car for $12,465.000 plus 5.65% sales tax.You make a 1,500.00 down payment, and have a 6.40%credit score.
1 answer
asked anonymously
21 views
In 3-5 sentences, explain how the future value of an annuity formula can be used to calculate the monthly payment of a loan.
(4
1 answer
asked anonymously
19 views
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Auto financing
Auto Financing/Purchasing
Auto Loans
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Business Investment
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Compound Interest
Credit cards
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Financial Management
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Interest Calculation
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Loans and Debt
Loans and Interest
Loans and Mortgages
Math/Finance
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Student Loans
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