Jamie needs a new roof on her house. The cash cost is $3800. She decides to finance the project by paying 8.0% down, with the balance paid in 48 monthly payments of $87. a) What finance charge will Jamie pay? b) What is the APR to the nearest half percent?

Q: Bill Fleischer works in a warehouse driving a front loader. He has group health insurance which…

A: let   the  full  amount of premium  in a year   is     $ x

Q: Eileen earned $45 in annual interest from a savings account with a 3.5% annual interest rate.…

A: Eileen earned $45 in annual interest from a savings account with a 3.5% annual interest rate.…

Q: Yvonne's taxable income for the last pay period was $999.83. If the federal income tax rate was 11%,…

A: we want to find that how much federal income tax did Yvonne pay on her taxable income last pay…

Q: A store manager obtained a loan of $35,000, at  6 3 8%  interest, for 14 months to purchase…

A:

Q: the

A:

Q: Lynette bought a new car for $34,000. She paid a 10% down payment and financed the remaining balance…

A:

Q: Margo borrows $700, agreeing to pay it back with 3% annual interest after 17 months. How much…

A: Given that The principal amount P=700 Interest rate R=3%=3100Time T=17 months =1712 years .

Q: Yvonne's taxable income for the last pay period was $999.70. If the federal income tax rate was 11%,…

A:

Q: The annual net income on a neighborhood shopping center is $587,000.  Jason Bradley is interested in…

A: Since Jason wants to make a profit so he should purchase it for less than $587,000. Let he purchased…

Q: Peter earns 11% commission on the sales he makes each month. If his total sales this month were…

A: Given, 11% commission Total =$47243

Q: Christina bought a new car for $29,000. She paid a 10% down payment and financed the remaining…

A: Given thatChristina bought a new car for $29,000. She paid a 10% down payment and financed the…

Q: Amir works as a print shop manager. He receivers a yearly salat of $43250.00. After his first year,…

A: Given that Amir received a yearly salary of $43250.00After first year he received 2.5% bonusWe have…

Q: Margo borrows $800, agreeing to pay it back with 3% annual interest after 9 months. How much…

A: Simple interest formula: The simple interest formula is given by, I=P×r×t, where P is principal, r…

Q: Tamara has the option of borrowing $990 for two weeks at an APR of 300% or borrowing the $990 for…

A: 1) if she borrow at an APR of 300%    Interest=990×300100=2970 for a yearfor 2 weeks…

Q: ppose you want to have $800,000 for retirement in 25 years. Your account earns 6.1% interest. Round…

A:

Q: Margo borrows $100, agreeing to pay it back with 6% annual interest after 16 months. How much…

A:

Q: Travis Thompson uses his credit card to obtain a cash advance of $600 to pay for his textbooks in…

A:

Q: Jefferson borrowed $4000 for his college tuition at an annual simple interest rate of 5.5%. When he…

A:

Q: The total intrest that she paid on the loan was $270.

A:

Q: Bella Sandino needed funds to cover her credit card bill which was due. She took out a $100 loan at…

A:

Q: A family purchased a washer for $496. If they paid 25% down and agreed to pay the remainder in…

A:

Q: Michelle bought a new car for $21,000. She paid a 10% down payment and financed the remaining…

A: