rett put a $410 item on layaway by making a down payment of 16% of the purchase price. How much does he have left to pay off after making the down payment?

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Q: Suppose you’d like to save enough money to pay cash for your next used car. The goal is to save an…

A: Given that, to save an extra $8000 over the next three years.To find the amount of monthly payments…

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Q: Alan borrowed $30,000 from Janet due in five years at 10% monthly. Two years after the debt is…

A: Present value = future value/(1+r/m)^(m*n) Given  Future value =$30000 r=10%  n=5 years m=12

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Q: A man invests R2500.00 at a compund interest rate of 8% per annum. if at the end of the end of the…

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Q: present value of the loan

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Q: The price of a car is $25,000. You have saved 25% of the price as a down payment. After the down…

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Q: The house that you want to buy is selling for P3,250,000. You need to put 3/20 of the selling price…

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Q: Jake bought a new washer and dryer for $1439. He made a 15% down payment and financed the rest of…

A: The following formulae are used to find the required result. Monthly Payment=P0rn1-1+rn-ntFinance…

Q: Johnson Trucking Company wil have a $40,000 payment due in 5 years. How much would they need to…

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

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Q: You are borrowing $500 at 10% per year interest for 2 years. If this is a simple interest loan, find…

A: Given that the amount borrowed is $500 and rate of interest is 10% for 2 years and the loan is a…

Q: A family buys a new minivan for $45,000 and makes a down payment of $12,000. They finance the van…

A: The objective of this question is to calculate the monthly payment for a minivan that a family has…

Q: Suppose that you borrow $10,000 for four years at 8% toward the purchase of a car. Find the monthly…

A: Given:  you borrow $10,000 for four years at 8% toward the purchase of a car To determine; The…

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Statements and Logic

Logic is the analysis of general patterns of thoughts without regard to any specific sense of context.