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Loans
Page 6
Questions (1,220)
ON September 14th Jennifer Rick went to a park bank to borrow 2500.00 at 11 3/4 intrest. Jennifer plans to repay the loan on
1 answer
asked by
Scott
1,020 views
Gina has a personal loan of K12500 charged at an interest rate of 5% compounded annually. She is required to repay the loan
2 answers
asked by
Paul
69 views
Tom bought a car wash in is 800,000 using a loan from credit corporation he was to pay back using four equal yearly installment
2 answers
asked by
Og
77 views
Tom bought a car worth sh 800000 using a loan from a credit corporation.He was to pay back using 4 equal yearly instalment of sh
2 answers
asked by
Og
93 views
What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter?
2 answers
asked anonymously
34 views
2. Dr. Enriquez borrowed $6,370 from the National Bank of Belize at 7.25 per cent per annum simple interest for 6 months.
2 answers
asked anonymously
67 views
Benson Limited is constructing a Power Plant which was completed on 31st December 2019. The company obtained a bank loan of
2 answers
asked anonymously
142 views
If a bar care of for to make a monthly principal and interest payment of $1000 in the lender 18 830 year at 5 1/2% or a 20 year
2 answers
asked anonymously
33 views
Which person is likely to pay the highest interest rate on a loan?
A. A person who makes the minimum payment on time each month.
1 answer
asked anonymously
86 views
About 90% of technology and media companies fail within the first three years of business.
Use the passage to answer the
1 answer
asked by
goodog
159 views
Outline five short term and long term effects of concessional loans?
1 answer
asked by
Tomvanny
94 views
Calculate the total amount that Kate will pay in interest on the loan during this two years period
1 answer
asked by
Zama dladla
52 views
The life of Kate's loan is 20 years and the interest rate on the loan is 14.5% per year. Use the formula and factor table below
1 answer
asked by
Zama dladla
94 views
The life of Kate's loan is 20 years and the interest rate on the loan is 14.5% per year. Use the formula and factor table below
1 answer
asked by
Zama dladla
84 views
What kind of information does a amortisation loan schedule provide
1 answer
asked by
Arisha
160 views
Barclays bank has agreed to give Dumisani a loan of $250 000 on the following conditions:
16% interest rate compounded monthly
1 answer
asked by
Desman kudzurunga
73 views
Term
21 / 22 If a borrower can afford to make monthly principal and interest payments of 1,000 and the lender will make a 30-year
1 answer
asked by
Victor
87 views
Question
Find the amount paid for the loan. $1500 at 9% for 2 years
1 answer
asked by
Anonymous
60 views
Provide Amortization table on a thirty year loan of $115000 at 2.75% over 360 monthly payments
1 answer
asked by
Doug
72 views
Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's
1 answer
asked by
Eltoressa
821 views
A student takes out two loans to help pay for college expenses. The total amount of money borrowed is $8050. Both loans have
3 answers
asked by
Matilda
368 views
Loan amount = $10,000
Monthly payments = $258.50 Time of loan contract = 5 years True annual interest rate?
1 answer
asked by
Nikki
238 views
Alice took out a loan for $19,500 at 13 1/2% on Nov 4, 2018, which will be due on January 14, 2019. Using ordinary interest,
1 answer
asked by
Rosalie
376 views
p.s.hey peaches i need some help with these here problems for my sister i need to help her get a check her answers so if someone
4 answers
asked by
Macklyn Jane Creed
209 views
Suggon gives 400 dollars to Deze to loan and he dosen't pay it back in 4 weeks how much does the interest rate go up each day.
1 answer
asked by
Zillakami
177 views
If I had a personal loan from a friend for $200,000 and paid them $25K Interest for six months what was the interest rate
1 answer
asked by
Jim
175 views
How does the rule of 78 work?
If you have a 24-month loan that is paid in full with 10 months remaining, using the Rule of 78,
1 answer
asked by
JT
383 views
If you have a 24-month loan that is paid in full with 10 months remaining, using the Rule of 78, would you expect a refund? Why
1 answer
asked by
Ryn
273 views
what do you need to do to find the current balance of a loan if you know the payment amount and the number of payments made
1 answer
asked by
ariana
198 views
what do you need to do to find the current balance of a loan if you know the payment amount and number of payments made (vs
1 answer
asked by
ariana
255 views
If you do hold on to the property and make the payments for 30 years, how much total will you have paid the bank during that
2 answers
asked by
Kiara
212 views
Making a down payment on a loan gives the borrower which of the following?
a. a large total amount financed b. a strong incentive
2 answers
asked by
Elizabeth
510 views
You are planning to borrow OMR 5,000. You can repay the loan in 40 monthly payments of OMR 147.50 each or 36 monthly payments of
2 answers
asked by
Sara
495 views
Muriel would like to borrow $55,000 to pay one year’s tuition at a private U.S. university. She would like to make quarterly
1 answer
asked by
Sophie
406 views
Victor would like to buy his first car and the one he has his eye on is $25,000 plus an extra 13% HST for a total price of
4 answers
asked by
JJ
1,531 views
You have just purchased a car and taken out a $ 37 comma 000 loan. The loan has a five-year term with monthly payments and an
1 answer
asked by
Anonymous
444 views
Which is an example of an unsecured revolving loan?
student loan credit card auto loan*** home mortgage
6 answers
asked by
Emma
871 views
Vanna has just financed the purchase of a home for $200 000. She agreed to repay the loan by making equal monthly blended
1 answer
asked by
A
623 views
Could someone please help me journalize this one? I have been stuck on it all day!
Business Ltd took out a loan of $10,000 from
1 answer
asked by
Milli
431 views
You would like to buy a Mazda Miata Convertible for a purchase price of $27,500. You will take out a loan for the entire amount.
2 answers
asked by
Diane
595 views
A five-year loan of $25,000 at 7.2% compounded quarterly requires quarterly payments. (Round your answer to 2 decimal places.)
a.
4 answers
asked by
Giuseppe
640 views
Consider the mortgage loan of $150,000 at a nominal 6% yearly interest applied monthly at a rate of .5% per month. Monthly
4 answers
asked by
Izzy
2,307 views
Variable rate loans typically have a 1)________ interest rate than fixed rate loans because with variable rate loans, the
2 answers
asked by
Jamye
630 views
Camille purchased a motorcycle for $5,723. She made a down payment of $1,775. She applied for a four-year installment loan with
4 answers
asked by
Steve
1,749 views
A lender offers a choice between two loans. For loan A the lender charges 12% a year compounded 12 times a year. For loan B the
3 answers
asked by
james smith
509 views
A 10 month promissory note for #30000 with interest at 6% Per annum was written today.find it's value 4 months from today if
1 answer
asked by
Bethel
409 views
No payments were made on a $3500 loan during its three-year term. What was the annually compounded nominal interest rate on the
1 answer
asked by
Gagandeep Kaur
424 views
After visiting several automobile dealerships, Richard selects the car he wants. He likes its $11,000 price, but financing
3 answers
asked by
MM
1,899 views
A $5000 loan has a stated rate of 10% but it will be paid off in 12 equal monthly payments. What is the APR on the loan?
1 answer
asked by
Karina
391 views
Mr. X wants a fridge that cost 12000.He has arrange to borrow to borrow the total purchase price from a finance company at a
2 answers
asked by
Ibra
485 views
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