jennifer-hutson-attempt2

Capital One is advertising a​ 60-month, 5.99% APR motorcycle loan. If you need to borrow $8,000 to purchase your dream Harley​ Davidson, what will your monthly payment​ be?       Question content area bottom Part 1 Your monthly payment will be ​$enter your response here. ​(Round to the nearest​ cent.)

+ You are looking at buying your first car. Based on your budget you can afford up to $400 per month payments. You go to the DATCU branch in the Union Building and they give you 3 options for preapproved loans. Fill in the table below. Check your answers in Canvas to make sure you got them right before the due date! Unlimited attempts to check your math for the tables! DATCU Options Term in Months (N) Down Payment Required 48 60 72 10% 10% 10% Interest Rate (I/Y) 5.49% 6.49% 6.99% Hint: Convert to monthly on calculator $ 400 $ 400 $ 400 Monthly Payment (PMT) Hint: make it negative on calculator Maximum Amount Financed (PV) Down Payment Required in $$ Maximum Price willing to pay for Car including Tax, Title, and License If you paid the maximum price on the car calculate the following: Total Interest paid on the Car Total Amount paid for car Hint: It is all the payments and down payment

Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.)

Please help and not handwritten, concept also pls

A student borrows ​$68,300 at 7.2​% compounded monthly. Find the monthly payment and total interest paid over a 15​-year payment plan. Question content area bottom Part 1 The payment size is ​$enter your response here. ​(Round to the nearest​ cent.)

Subject: algebra

If you lend $3000 to a friend for 15 months at 8% annual simple interest, find the future value of the loan. $ Need Help? Read It Master It 4

Pls do fast and i will rate instantly for sure Solution must be in typed form

do assignments using excel and manually if possibly A student plans to open a business with the courage to borrow $1740,11 and will return the same amount every year for 5 years. If the loan interest from (Small Business Credit) is 6%/year. How much is the student's installment/year?

You can afford a $200 per month car payment. You've found a 5 year loan at 7% interest. How big of a loan can you afford? S Submit Question Q Search hp O

Goal To use recursive sequence to determine the amount money owed on a loan after months Role You are a loan officer at a mortgage company. Audience Jim and Joan Miller are customers applying for a mortgage. Situation Jim and Joan Miller are borrowing $120,000 at 6.5% per annum compounded monthly for 30 years (360 months) to purchase a home. Their monthly payment is determined to be $758.48. Performance Task You need to present Jim and Joan with a report detailing the following: • Arecursive formula for their balance after each monthly payment has been made. • To do this, use the formula: a, = an-1 (1+r) – 758.48 A determination of Jim and Joan's balance after the first payment. Don't forget the interest affecting their payment! • Use a spreadsheet or graphing utility to create a table showing their balance after each monthly payment. • Determine when the balance will be below $75,000. • Determine when the balance will be paid off. • Determine the interest expense when the loan is…

Save & Exit Submit Donny borrows $37,000 to purchase a high-performing computer. The loan will be paid in monthly installments over one year at 12% interest annually The first payment is due one month from today. What is the amount of each monthly payment? (FV of $1. PV of $1. FVA of $t. PVA of St. EVAD of $t and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 5-50 Multiple Choice None of these answer choices are correct. $3.083 $3.287 $3.039 < Pre of MC Graw MacBook Air

4 Math Applications MyOpenMath You can afford a $200 per month car payment. You've found a 5 year loan at 7% interest. How big of a loan can you afford? Submit Question Search 1 04

You can afford a $350 per month car payment. You've found a 5 year loan at 6% interest. How big of a loan can you afford? Submit Question Search hp

Module 4 Activity Sheet: Savings Calculator Name: Directions: Use the savings calculator from Nerd Wallet to fill in the chart. Scenario: You earn $100 per month and want to save 10% in a savings account. 1. How much will your monthly contribution be? Enter your response in the chart. 2. Use the savings calculator to find out how much your total savings would be in 1 year if your account has an annual interest rate of 1%. What would your total savings be in 5 years? 3. You decide to increase your savings to 20%. Fill in the 2nd column. Save 10% Save 20% Monthly contribution 1 year total 5 year total 4. Based on what you know about saving and investing, would the totals be the same if you had invested the money, instead of saving it? Why or why not?

How much would you need to deposit in an account each month in order to have $20,000 in the account in 9 years? Assume the account earns 6% interest. Submit Question .com/course/showcalendar.php?cid=179278 Q Search

Learning Activity No. 2 – Abstraction (Critical Thinking) Instructions: Fill in the blanks and calculate the monthly payments for a car loan having the details as provided below. Item Computation Sticker price of a car Excise tax Licensing Fee Down Payment Annual interest rate "r" Number of payments a year Number of years Periodic rate of interest i Php 1,700,000.00 20% Php 20,000.00 35% 6.0% 12 3 Answer: Loan PV Answer: PMT Answer:

In the Excel Payment Function file that follows, you are looking to see what your basic mortgage payment will be if you buy a home for $250,000.  It will be  a 30-year mortgage. The interest your bank will charge will be 7.5%.  In cell C5, create a function that determines what your monthly payment will be.

Find the amount (in $) of interest on the loan. Principal $90,000 Rate (%) Need Help? Submit Answer 53³3 Read It Time 9 months S Interest

How much will Mollys monthly payment be? Remember to divide the amount borrowing by the number of months

PV AND LOAN ELIGIBILITY You have saved $5,000 for a down payment on a new car. The largest monthly payment you can afford is $400. The loan will have a 12% APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 48 months? Round to TWO decimal places.

K Suppose you have a student loan of $35,000 with an APR of 6% for 40 years. Complete parts (a) through (c) below. a. What are your required monthly payments? The required monthly payment is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

Problem #2. Your financed a $30,500 kitchen renovation project with 4.75% add-on interest installment loan for 24 month. The loan required 15% down payment. Show your work for all parts of the problem. (a) What is the finance charge on the loan? (b) What are the monthly payments? (c) What annual percentage rate is being charged on the loan?

To pay for your​ education, you've taken out ​$24 comma 00024,000 in student loans. If you make monthly payments over 1212 years at 66 percent compounded​ monthly, how much are your monthly student loan​ payments?         Question content area bottom Part 1 Your monthly student loan payments are ​$enter your response here. ​(Round to the nearest​ cent.)

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Calculate the amount financed, the finance charge, and the monthly payments (in $) for the add-on interest loan. (Round your answers to the nearest cent.) Purchase (Cash) Price $6,000 Down Payment 15% Need Help? Read It LA Amount Financed Add-on Number of Interest Payments 13-1% 2 30 LA Finance Charge LA Monthly Payment