perty worth $77,490.00 can be purchased for 10% down and mortgage payments of $1355.00 at the end of each quarter for 20 years. What is the nominal annual rate of interest compounded quarterly? e nominal annual rate of interest compounded quarterly is% und the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

Q: Determine the value of an account after 10 years if a principal amount of 11000 was deposited with…

A:

Q: Find the amount borrowed if $800 is due at the end of 7 months when an annual simple interest rate…

A:

Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

Q: Find the present value of $10,000 in 9 months at 9.2% interest Give your answer to the nearest…

A: Given that The  total amount A=$ 10000Interest rate r=9.2%=9.2100=0.092Time t=9 months =912=34=0.75…

Q: Find the total interest paid of the loan if the amount borrowed is OMR 25,000 at 5% interest for 8…

A: I am using Simple Interest formula for this. S.I.=(25,000*5*8)/100 S.I.=OMR 10,000

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 7% interest…

A: The expression used to evaluate the amount in compound interest is as follows: Amount =P1+r100nnt,…

Q: The price of a condominium is $146,000. The bank requires a 5% down payment and one point at the…

A:

Q: $10,000 is deposited into an account that pays 2.4% interest compounded quarterly. How much money is…

A:

Q: Find the simple interest (in dollars) due on a 31-day loan of $950 if the annual simple interest…

A: The provided information is as follows:The principal amount is .The total number of days is .The…

Q: find the amount of compound interest earned  $8000 at 5.5% compunded monthly for 5 years

A:

Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: Find an interval where the IVP dy (In t) + y = cot t dt y(2) = 3 has a unique solution.

A:

Q: Find the principal if $245 in interest is due after 10 months at 7%

A: By using formula of simple interest.

Q: Al the end of each month, $300 is deposited into a savings account paying 2.9% interest compounded…

A:

Q: Determine the amount owed on a 750$ loan after 2 years at 12% interest compounded semi annually.

A:

Q: Assume a six-month CD purchased for $5000 pays simple interest at an annual rate of 9.5%. How much…

A:

Q: Mrs. Wilson borrowed $5,760 from a bank at 8.25% per annum simple interest for 9 months

A: Given: Mrs. Wilson borrowed $5,760 from a bank at 8.25% per annum simple interest for 9 months. To…