$ 9000 loan is to be paid in 3 years at 3.6% compound interest per year, the accrued interest and equal portions of the principal is repaid each year . the outstanding loan balance decreases each year , so the interest for each year decrease, what is the total amount of money that will pay off the loan ?

Q: Calculate the principal that will earn $148.32 at 6.75% in eight months.

A: The question requires the computation of the principal amount that will yield the interest of…

Q: Sam borrows $28 000 to buy a new car at a flat interest rate of 9% per annum over 3 years. How much…

A: It's a question of flat (simple) interest rate. We will calculate interest, add the same to the…

Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

A:

Q: Cisco Systems paid an annual dividend of $0.82 per share in a recent year. Calculate the dividends…

A: The objective of the question is to calculate the total dividends paid to a shareholder who owns…

Q: Jamie plan to make payments of $9000 into a account on the last day of this and every year until his…

A: Consider the given information.

Q: You purchased 500 shares of stock six years ago at $21.25 and incurred brokerage fees of $345.  You…

A: The objective of this question is to calculate the rate of return on an investment in stocks. The…

Q: what is the 2%interest rate over 5 years

A: here given    carlos has 3000 to open a bank account p =3000 R =2% N = 5 years  I =PRN100

Q: Calculate the dividends paid to a shareholder who has 400 shares of a stock that is paying an annual…

A: The dividends paid will be calculated by the formula, Dividends paid= Annual dividend per share *…

Q: Mittola just won $383,000 in a state lottery. He invests it in an annuity earning 47% interest in…

A:

Q: Find the simple interest paid on a $470 loan at 6.9% annual interest for 3 months

A: Given:The principal amount (P) is $470.The rate of interest (R) is 6.9% per year.The number of terms…

Q: Lupe Gonzalez has $6500 in her retirement account. Find the interest rate required for the fund to…

A:

Q: Jennifer earned $ 42.55 interest over the period of 146 days on a term deposit that pays 5.75 % per…

A:

Q: find the lump sum deposited today that will yield the same amount as monthly paymenst of  $100 with…

A:

Q: suppose you borrow 865 for aterm of three years at simple interest and 5.46% apr. determine the…

A: Given that  Borrowing amount 865 Time period 3 years  Rate of interest 5.46%

Q: Calculate the amount of SIMPLE interest earned on an investment of $1000 at 4% for 6 years

A: