following

Q: Find the payments necessary to amortize each loan. $2500, 16% compounded quarterly, 6 quarterly…

A: Given, r=16% =0.16 P=$2500 n=6 A=Pr1+rn1+rn-1

Q: Find the APR (rounded to the nearest percent) for the loan listed. Purchase of a refrigerator for…

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Q: Find the interest rate for each deposit and compound amount. 6) $8000 accumulating to $12,384.48,…

A: Recall the following fact.

Q: etermine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest…

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Q: Lindsey borrowed $1003.00 from the Central Bank at 8.1% per annum calculated on the monthly unpaid…

A: Given: Borrowed amount = $ 1003.00 Interest rate = 8.1% Monthly payment = $220

Q: Hand written plzz Chris bought a house for 325,000 in May of last year. At the time of purchase he…

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Q: The principalP is borrowed and the loan's future value A at time t is given. Determine the loan's…

A: Here we will find out the required value of simple rate of interest.

Q: You want to buy a $31,000 car. The company is offering a 2% interest rate for 60 months (5 years).…

A: Given that the present value PV=$31000Interest rate r=2%=2100=0.02Componded monthly…

Q: Find the cost of purchasing an annuity that pays $25,000 per year for 20 years. The interest rate is…

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Q: Mayberry Pets borrows to purchase a van to transport animals and supplies. They agree to make…

A: Given,  Amount = $22,400 time = 3 years rate = 8%

Q: Compute the rate (in %) for the loan. Round answers to the nearest tenth of a percent; use ordinary…

A: Compute the rate (in %) for the loan. Round answers to the nearest tenth of a percent; use ordinary…

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

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Q: Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest…

A: Given that $40,000 borrowed at 4% for 9 years, with monthly payments

Q: Kelly paid off his student loan in 3 years by making payments of $650 at the beginning of every…

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

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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: Find the simple interest. Principal   Rate   Time $4000   9%   1 year

A: Introduction :-  Here we want to calculate simple interest for the given situation.  Given :-…

Q: A recent high school graduate is taking out a 2,500$ loan to pay for a technical education program.…

A: A recent high school graduate is taking out a 2,500$ loan to pay for a technical education program.…

Q: Shannon finances her new car with a $9,900 auto loan. The loan has a 5-year term at a fixed annual…

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Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

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Q: Use this table to estimate the monthly payment for the loan described. (Round your answer to the…

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