11 /Mary plans to have a garage built at a coast of 4,000. Her builder suggest that she pay down, followed by 18 monthly payments of 200 What is the finance charge this builder is charging for this payment schedule

Q: Suppose you are playing soccer and run head-on into the goalie. As a result of the collision you…

A: Total bill of hospital = $5280 According to the payment structure of health insurance policy, we…

Q: the cost of a loan repayment is $4950 a month.what is the total cost for 12 months

A: given that the cost of loan repayment is $4950 a month. there are 12 months in a year.

Q: The Habers purchase a $6500 living room set and take out a two-year loan for the entire amount at…

A: given  principal P=$6500 interest rate i=26% i=2612 =2.1666% =0.021667 time t=2 years number of…

Q: LC6Q 6) Find the down payment and the amount financed for a home that sells for OMR 87000. The down…

A: Calculate the percentage and than substract from  total amount.

Q: Joe is borrowing $600 from his parents in order to finish paying his tuition bill. His  parents…

A: Simple interest (SI)=Principal amount (P)×Rate of interest (R) in decimal ×Time(T) as a fraction of…

Q: Bill borrows 3500 dollars, to be repaid with 12 equal monthly payments, the first coming 6 months…

A:

Q: Mr. Nelson had to borrow $1500 to purchase a new water heater after the snowpacalypse. The loan had…

A: Question is related to interest.

Q: Suppose that you borrow $17,000 for four years at 6 ​%  toward the purchase of a car. Use PMT equals…

A:

Q: Vicki takes out a 10-year loan. The loan is repaid by making 10 level annual repayments at the end…

A:

Q: a car costs $12500 and youre offered a loan that requires $800 down and a monthly payment of 228.29…

A: Monthly payments of 228.29 for 66 months contribute to 228.29*66 = 15067.14   And 800 down payment.…

Q: Bill and Kim Johnson are purchasing a house for $336,000. Their bank requires them to pay a 10% down…

A: To calculate the total amount, we need the following information:

Q: The price of a home is $220,000, financed at 7% with a 30 year fixed rate. 20% down and 3 points…

A: The down payment is = Price of Home × percentage of down payment = $( 220,000 × 20%)…

Q: ristan bought a $225,000.00 house, paying 10% down, and financing the rest at 3% interest for 15…

A: Given that  Tristan bought a $225,000.00 house, paying 10% down, and financing the rest at 3%…

Q: If a car priced  at $17,305 is offered for nothing down with 60 monthly payments of $397.63, what is…

A: Given Information -  Cost of the car = $17,305 Monthly payments to clear the debt = $397.63 Number…

Q: Rory paid his previous balance of $1,045 in full, but was a week late in making his payment. Since…

A: Given, Balance = $1045 According to company policy, late charge = $29 Finance charge = 1.5% of…

Q: Janina purchased a laptop priced at Php25000. She put Php4500 as downpayment and made equal monthly…

A: Given That, Janina Purchased a laptop priced at Php 25000. She put Php 4500 as a down payment and…

Q: Mr. Sun borrowed $15,600 for 54 months at simple interest to pay for a new swimming pool. If Mr. Sun…

A: Given, P=$15600 T=54/12=4.5yrs Rate=R

Q: 1. A loan of Php 20,000 with a simple interest rate of 5% will be paid within 10 months. What value…

A: (1)  Principle amount (p) = 20,000           Rate of interest (r) = 5 %             Time (t) = 10…