Find the APR (rounded to the nearest percent) for the loan listed. Purchase of a refrigerator for $1,700 at 14% add-on interest for %

Q: The monthly payment is ​$    enter your response here. ​(Round to the nearest cent as​ needed.) The…

A: The formula used to calculate monthly payment is- PMT = (P*(R/n))/(1-((1+(r/n))^(-nt))) where,P =…

Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchased a…

A:

Q: Find the interest on the following loan. $5386 at 6%; loan made on August 11 and due December 16 The…

A: We have to Find the interest on the following plan $5386 at 6%,loan made on August 11 and due on…

Q: Use this table to find the monthly mortgage payments, when necessary. Roberto has a mortgage of…

A:

Q: Find the simple interest I of the given loan amount. (Round your answer to the nearest cent.) $460…

A:

Q: Suppose that you decide to buy a car for $24,635, including taxes and license fees. You saved $6000…

A: Simple interest formula for an amount P at an interest rate of r% for t years is given by the…

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: You take a loan from your local bank. Determine the interest that is accrued on $7000 for five years…

A:

Q: Find the simple interest (in dollars) due on a 31-day loan of $950 if the annual simple interest…

A: The provided information is as follows:The principal amount is .The total number of days is .The…

Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

A:

Q: Find APR (rounded to the nearest tenth of a percent) for the loan. Purchase a living room set for…

A: We know,  APR = 2Nr/N-1

Q: Suppose that you borrow $13,000 for four years at 6% toward the purchase of a car. Find the monthly…

A:

Q: Find the interest due on $1,400 at 9% for 270 days

A:

Q: Find the interest for a principal of $8883, rate 9.3% and 5 years.

A: According to the question,  We have: Principal = P = $8883 Rate of Interest = R= 9.3% Time period =…

Q: Find the principal for a loan that has earned interest of $5500 with an annual rate of 10% for 5…

A:

Q: Suppose that you borrow $20,000 for four years at 6% toward the purchase of a car. Find the monthly…

A:

Q: Suppose that you borrow $10,000 for four years at 8% toward the purchase of a car. Find the monthly…

A: Given:  you borrow $10,000 for four years at 8% toward the purchase of a car To determine; The…

Q: Find the annual simple interest rate of a loan, where $600 is borrowed and where $666 is repaid at…

A: Given data: Principle  = $600 Amount = $666 Time period = 15 months To find: Annual simple interest…

Q: Find the simple interest on the loan of​ $2500 for 2 years at​ 5%.

A: