1. Find the simple interest on a loan of ₱65,000.00 if the loan is given at a rate of 2% and is due in 5 years and 3 months? 2. How much money will you have after 4 years if you deposited ₱10,000.00 in a bank that pays 6% simple interest?

Q: Instead of saving up, you decide to finance the laptop. What will your monthly payments be if you…

A:

Q: Your uncle still wouldn't help you after you found your new job. The bills are right this month, so…

A: Solution:- Your uncle still wouldn't help you after you found your new job. The bills are right this…

Q: Question 2 What is the daily interest? Hint: take your previous answer and divide it by 365.…

A:

Q: What lump sum of money must be deposited into a bank account at the present time so that ​$6,600 per…

A: Given that $6,600 per year can be withdrawn for 7  years, with the first withdrawal to start four…

Q: If the Principal amount is P72,500, the interest rate is 8% and the time is 3 years, the amount of…

A:

Q: For items 1-5, refer to the problem below. A working senior high school student had a piggy bank…

A:

Q: Find the interest refund on a 33-month loan with interest of $2,859 if the loan is paid in full with…

A: Given, Total interest is $2859. Total time of loan is 33 months, loan is paid in full with 11 months…

Q: Suppose you have budgeted $ 1130 a month towards a mortgage. If you are offered a 30 year mortgage…

A: Given that, the monthly payment towards a mortgage is $1130, the number of years is 30 years and the…

Q: The price of a house is 400000. Then, you make a down payment of 130000 and take a 30-year mortgage…

A:

Q: Solve the following problems. In order to have ₱200,000 in 3 years, how much should you invest if…

A: Given that:        Future value, F = ₱200,000        Number of years, n = 3        Interest rate per…

Q: 1. Mr. Paul makes an initial investment of ₱6,000 for a period of 3 years. Find the value of the…

A:

Q: 18. A woman buys a house for a $305,000. She pays $70,000 down and takes out a mortgage at 5.1% for…

A:

Q: Suppose I bought a $560 Teddy Bear with no down payment. The bear seller charges 77% SIMPLE interest…

A: Given information Principle P=$560 Rate of interest r=77% Time T=8 years We have to find the monthly…

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

A:

Q: Your rich aunty loans you $40000, for the down payment on a house, at a simple interest of 2% (the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: how expensive of a mortgage can you afford?

A:

Q: The interest rate on an $859.50 debt was 104%. For how many months was the loan outstanding if it…

A: Given: The interest rate on an $859.50 debt was 1014%. Find for how many months was the loan…

Q: Suppose you can afford to pay $300 a month for 6 years towards a new car with no down payment. If…

A:

Q: Leo needs $30,000 to cover

A:

Q: You plan to save $1000 for a trip to Nicaragua In two years. You decide to purchase a certificate of…

A:

Q: If you borrow 1500 dollars from a lending agent for 13 weeks and in the end you have to pay back…

A: Formula r = (1/t)(A/P - 1) r = simple interest rate = ? P = principal amount =1500 A = P+ I  = 1650…

Q: If you borrow 1800 dollars from a lending agent for 65 weeks and in the end you have to pay 270…

A:

Q: Suppose you purchase a new car for 28,000 . What are the monthly payments for a 4-year loan with a…

A: