Jane Doe ran up $20,500 on her credit card, which charges 29.85%. If she decides to cut up her card and pay it off in 10 years, how much will she have to pay each month? $511.34 $538.15 $661.36 $2,340.79

Q: Twenty years after purchasing shares in a mutual fund for $5900, the shares are sold for 11,300. The…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: You borrow $950 from your brother and agree to pay back $1000 in 19 months. What simple interest…

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Q: Nita Darmati signed a $9,000 simple discount note at First City Bank. The discount rate was 7%, and…

A: Given that Maturity value M=$9000Bank discount rate (B) = 7% =7100=0.07Time of Note…

Q: You have $500,000 saved for retirement. Your account earns 5% interest. How much will you be able to…

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Q: If a job pays $10 which is approximately 6.67%, how much would the job have paid in 1995?

A: we need to find how much would the job have paid in 1995

Q: You owe $2300 on a credit card with 21% APR if you pay $80 a month, how long will it take you to pay…

A: Formula for the loan amortization is  A=Pi(1+i)n(1+i)n-1 where A=periodic payment P=loan amount…

Q: Jane Doe has a job in Detroit, MI, that pays $45,550 per year.  How much can she afford to spend…

A: Given that. Salary per year =  $45,550 Set budget = 15% of monthly take home pay.

Q: f a woman making $33,000 a year receives a cost-of-living increase of 2.5%, what will her new salary…

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Q: If Jessica borrows $4,500 at 6 7/8% simple interest for 4 years, how much interest will she pay?…

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Q: It cost $200,000 to put a kid through college.  How much money would you have to deposit monthly…

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Q: You got an awesome job at Starbucks! You will work there FOREVER! You are promised $900 the first…

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Q: Ernie Rolph borrowed $5100 at 6% annual simple interest. If exactly 1 year later he was able to…

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Q: You owe $2300 on a credit card with 21% APR if you want to pay it off in 18 months, how much would…

A: Loan amortization formula is  A=Pi1+in1+in-1 Where A is periodic payment amount, P is loan amount,…

Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

A: ANSWER :

Q: If you would like to make $1664 in 7 years, how much would you have to deposit in an account that…

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Q: On January 1, 2009, Deandre owed $9,230 to his friend Mariah, who was kind enough not to charge…

A: Introduction: It can be assumed that Person D payed some amount back to Person M for each of the 12…

Q: If your gross annual salary is $47, 500. If you take home about 64.35% of your income, what is your…

A: The expression: "x% of y" is same as: x100×y. It is known that there are 12 months in a year.

Q: Jessica deposits $2435 at the beginning of each semiannual period for 8 years in an account paying…

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