Neema bought appliances costing ​$38053805 at a store charging 55​% ​add-on interest. She made aa $ 600$600 down payment and agreed to monthly payments over fourfour years. Find the total interest to be paid. The total interest to be paid is? ​ ​(Simplify your​ answer.)

Q: Jeremy gets a 4-year simple interest loan from the local bank. If the loan is for $8,938 and the…

A: Given: Jeremy gets a 4-year simple interest loan from the local bank. The loan amount is $8,938 and…

Q: Levi borrowed $5489 at 13% simple interest for 11 months. How much will the interest amount to? What…

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Q: Mike pawns his watch for $120. After 30 days buys it back for $140 what was the interest did the…

A: Solution :  Given that  Mike pawns his watch for $120. After 30 days buys it back for $140

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

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Q: Jill invests $3,000 into a savings account. In five years, she hopes to generate $500 interest.…

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

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Q: Uriel used a $150 payday loan to pay a bill. The finance charge on the loan was $15 with a $15…

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Q: $350 is borrowed at a rate of 2.5% simple interest for 3 years. How much interest will be paid?

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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: James wants to buy a car that costs $14,550. The dealership will finance the car for 5 years, at…

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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: Jackie Rotter took out a loan of $20,000 to be repaid at end of 7 months in one payment with…

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Q: Bella Sandino made a $600 loan to her friend, Sadie, at 11%. Sadie paid back the loan with interest…

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Q: Keiko invested $3000 in a fund for 6 years and was paid simple interest. The total interest that she…

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Q: Joaquin pawns his favorite watch for a loan of​ $120. After 30​ days, he buys his watch back for​…

A: Given P = $120, A = $140 and T = 30.

Q: Alewuya invests $3,000 at 2% simple interest for 1 year. How much is in the account at the end of…

A: Given, Principal amount (P) = $3,000 Interest rate (r) = 2% Time (t) = 1 year   Introduction: Simple…

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

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Q: Zoey has $65,000 in a college savings account which earns 5% annual interest. Zoey plans on taking…

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Q: A business analyst starts at $45,000. She receives a 5% raise at the end of each year. What is her…

A: P=$45000Rate = R= 5% =0.05Time=t=6 years

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

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Q: Ernie Rolph deposits ​$7150 at 4​% for 1 year. How much interest will he​ earn? What is the account…

A: Given query is to find the amount after 1 year.