he loan is 10 y onthly frequen

Q: Carly took out a $8,900, three-year loan with an APR of 8.25%. What is the total amount of payments?…

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Q: Find simply interest earn.

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A: simple interest is the interest calculated only on principle amount and it does not calculate…

Q: PROBLEM 26-32 Warranty, Premiums and Bonus You have been provided with the following data in…

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Q: A loan is to be repaid with n level payments of X, where n> 5. The amount of interest in the 1st,…

A: Let the principal in payment 1, 3 and 5 be P1, P3 and P5. Since, the principal repaid, X-interest,…

Q: Premium in ( Rowan method )? if the standard time (15)hour , Saved ( 6)hour , rate per (7000)$.…

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Q: House 6 years 2 What is the On the ان price . 4) $8286,24 $2125 24th 15% intrest (compounded mont…

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Q: 1/1/x1 borrowed 100000 for 4 years at 8% assume quarterly prt=$5892 1)loan pament 2)journal entries…

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Q: 3) A nore tor $ a90 dared gust , 7010 5 due with oumpound interest at f'a9%, 4 geao atter 0re On…

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Q: a) You take outa 14-week, 3 8000 loan at 1% Simpc annal intrirs). Mow much Mancywill you Cthire are…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: DiscountP9,000 for 9 months at a discount rate of 8%. A P8,460 B P6,740 © P 7,480 D P 8,670

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Q: A man Jeposh ts atty so00 eney year fr なもけん500o AR 13 and 21to a కంంల అభ every yer fr and 21into a…

A: Annuity refers to series of equalized payments that are paid or received at start or ending of…

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Q: Ludwig borrowed $8,000 on July 20, at 11% interest. If the loan was due on October 17, what was the…

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Q: A. Complete the information below using Ordinary Simple Annuity. 1. R=P900 An= 21121.50 Sn =…

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Q: What is meant by annuity? What are the types of annuity? How does it differ from perpetuity?

A: Annuity is a series of regular payments that are made periodically at the end of the year or…

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A: We know that, FVA Ordinary  = P×1+in-1i =$2400×1+10%44×5-110%4=$61,307.1782=$61,307.18

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Q: E 14956.75 7. Edward Cariaga loans P35,300 at 6½% simple interest, how long it will take him to get…

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Q: $5328 at 8% loan made on August 16 and due December 30. Find the interest

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Q: The interest accrued on $7,500 at 6% for 90 days is: (Use 360 days a year.) Multiple Choice O O…

A: Solution: Principal amount = $7,500 Interest rate = 6% Period = 90 days

Calculating the Return On A Loan