Purchase down payment → $15000 -> Pay morthing. Taxes & Paint cost Utilities - 135 Rent down payment ->$600 montly pay $200 dtiliter 135 150 1 month from now. Insurance monthing -> $100. cost 600 every 4 years - IR-> 12% compounded montilly.

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: in c) Linda needs $10,000 in 4 years to use as a down payment on a house. She has $6830 to invest…

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…

Q: When investing or saving money for retirement, which type of interest would benefit the most from?…

A: When investing or saving money for retirement which type of interest would benefit the most from?…

Q: Sam has the option of purchasing a car for $30,000 or leasing it for a $375 payment made at the…

A: Given: Sam purchased a car for = $30,000 Leases it for = $375 per month Time period = 4 years The…

Q: Summarizes some of the interest formulas?

A: Simple interest = (P*R*T)/100 where, P : Principal amount            R : Rate of interest per annum…

Q: It is the amount of money paid for the use of borrowed capital. Future Worth Interest Principal…

A: Capital is often defined as the cash or any kind of asset which can be used to make expenditures.…

Q: Offer, acceptance, and consideration are necessary elements of   A.a warranty   B.a…

A:

Q: Living in retirement 25 years Retirement age 65 Annual income $100,000 Interest Rate 6% Need 2…

A: Answer - Need to find- Present value  Given in the question- Living in retirement 25 years…

Q: The problem describes a debt to be amortized. (Round your answers to the nearest cent.)  A man buys…

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Q: jerry bought a house for $400,000 and made an $80,000 down payment. the rest of the cost was paid…

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Q: Assume, you want to get $1,000 after 5 years. How much equal amount of money do you need to deposit…

A: Present value is the value of investment in today's dollar.Future value is the value of investment…

Q: Consider a student loan of $12,500 at a fixed APR of 9% for 30 years. a. Calculate the monthly…

A: Given,  Loan = $12,500  APR = 9%  Time = 30 years

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: A financial institution (loan shark ) is willing to lend you $400. You pay $450 after one week. a)…

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A: Rate of return is a financial measure used to evaluate the profitability or performance of an…

Q: Maria takes out a 30-year mortgage at 5.5% to buy a house that costs $280,000. She must have a down…

A: Note: As per the guidelines, we are allowed to only answer up to 3 sub-parts, so we will answer the…

Q: What is the U.S 6 month interest rate?

A: In the mentioned question we have been asked about the 6-month interest rate of the U.S.

Q: A 3 year straight note was executed by a buyer. The interest paid over the term was $3,431.70. The…

A: