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Q: zack borrowed $30,000 at 9 % on July 23, 2020. He repaid $15,000 on October 21 and $10,000 on…
A:
Q: On October 31, 2019, Strongman Samson borrowed P100,000.00 from Pretty Delilah subject to an…
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- zack borrowed $30,000 at 9 % on July 23, 2020. He repaid $15,000 on October 21 and $10,000 on December 16. Find the final payment required on the February 12, 2021 using merchant’ rule?Joel borrowed $2776.55 on November 2, 2021 at 4.5% p.a. How many days would it take for him to re-pay the loan if he made a payment of $3466.76? Round up to nearest day.1. On October 31, 2019, Strongman Samson borrowed P100,000.00 from Pretty Delilah subject to an interest rate of 6% per year until full payment. If Samson is able to pay both the principal and the interest on March 10, 2020, how much should Samson prepare in order to satisfy his agreement with Delilah?
- On July 12, 2019, Veronica borrowed P100,000 and agreed to pay the interest at 7% compounded monthly. How much must she pay if she wanted to discharge this debt on April 12, 2020?Dave borrowed $730 on January 1, 2019. The bank charged him a $4.00 service charge and interest was $54.40. If Dave paid the $730 in 12 equal monthly payments, what was the APR? (Enter your answer as a percent rounded to 1 decimal place.) Annual percentage rate %Charlie Chaplin borrowed P100,000.00 on October 31 2019 from Mr. Beans and the loan has an interest rate of 6 % per year until full payment. How much should Chaplin pay Bean on March 10, 2020 in order to fully satisfy the obligation?
- ENGINEERING ECONOMICS Reginald borrowed a certain amount on June 2015 from Meldrick. Two years later, Reginald borrowed again from Meldrick an amount of P300, 000. Reginald paid P200, 000 on June 2018 and discharged his balance by paying P151, 000 on June 2019. What was the amount borrowed by Reginald on June 2005 if the interest rate is 8% compounded annually?1. On November 20, 2021, JD borrowed Php36,500 from Migs. He promised to pay the principal and 11.75% simple interest on September 19, 2022. How much will Migs receive on the said date?On June 26, 2019, Naomi obtained a loan of P150,000 from a local businessman. The interest rate on the loan was 7.75% and it is to be paid on November 15, 2020. What is the Ordinary simple interest using exact time?
- 1. On January 1, 2008, Gabe borrowed P12,000 and agreed to repay it with P4,473.60 interest. If the interest is at 8% compounded quarterly, what amount must she repay and on what date?Rahul deposits $4450.00 in an account on April 1, 2019 which earns 9.5% compounded quarterly. How much is in the account on September 15, 2024 if simple interest is allowed for part of a conversion period?c) Man - Duen wants to buy a $28, 000.00 T-bill that matures on 2019-12-08. His target price is $ 27,729.66, the (annual) simple interest rate is 3.120% and the daycount convention is ACT/360. What is the last date on which he can still buy the T-bill? How much does he pay?