[Select] Question 8 L 3 pts Yesenia purchased a car for $16,789.23. She obtained a 72 month term loan at an interest rate of 3.74%. Her monthly payment is $260.69. Using the following balance function to calculate the balance owed after the 60th payment. Round your answer to the nearest penny. Input the dollar sign followed by the number. Do not put a space between the dollar sign and the number. Do not use a comma. Example: $4536.21 12-1 1 + 12 12-7 - 1 -M (F) B(t) = Bo⋅ (1 + 2)² D Question 9 Select the appropriate response from the drop down menus. Q Search B 4 pts X W NEW

Q: Find the amount received by the sellers of the stock​ (at the​ day's closing​ prices). Deduct sales…

A: Without the specific closing price, we cannot calculate the total value of the shares sold. Please…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $3000, r = 6.6%, t = 23 days

A: The given data .The objective is to find the simple interest earned.

Q: Determine how much the following individual will save in taxes with the specified tax credits or…

A:

Q: At age 30, Julio starts a retirement account. He deposits $145 at the end of each month in an…

A: The deposit monthly  $145  APR=3%=0.03 a) A=Pmt x 1+APRnnT-1APRn................equation 1 Here,…

Q: jayden has a balance of $2704.27 on a credit card with an annual percentage rate of 16.3% the…

A: To calculate the amount of the minimum payment that goes toward reducing the principal on Jayden's…

Q: You are the loan department supervisor for a bank. This installment loan is being paid off early,…

A: This installment loan is being paid off early, and it is our task to calculate the rebate fraction,…

Q: Jackie took out a $9000.00 personal loan with a 4.5% interest rate that she will pay back in 3…

A:

Q: Sanjeep takes out a $250,000 mortgage. The yearly interest rate on the loan is 5% and the loan is…

A:

Q: Suppose that you borrow $30,000 for four years at 8% for the purchase of a car. Find the monthly…

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 5.50%, t = 4 months…

A:

Q: Suppose that you decide to buy a car for $27,635, including taxes and license fees. You saved $5000…

A: Given query is to find monthly payment.

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

A:

Q: Manuel purchases a house and gets a 30-year mortgage for $175,000 at 4% APR. In addition to the…

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 4.25%, t = 6 months

A:

Q: 8. Natalie recently purchased her first home for $166 000. Calculate the amount of Natalie's…

A:

Q: For a three year bond of $2,600 at a simple interest rate of 10% per year, find the semiannual…

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $3000, r = 3.8%, t = 17 days

A:

Q: You take out a 7-yr car loan for $25,000 with a 7.5% APR. The fixed monthly payment is $383.46. How…

A:

Q: You want to save $20,000 for a down payment on a home by making regular monthly deposits over five…

A:

Q: Joe I married and claims three allowances. The gross earnings on his last bi-weekly check were…

A: Gross earnings = $1895

Q: 7. Susan has had a saving account for a few years now. The bank has been paying her simple interest…

A: The answer provided below has been developed in a clear step by step manner

Q: You take out a $200 loan that charges 6.8% simple interest. How much will you owe, including…

A: Given,  P=$200 Interest rate, r =6.8% Time,T =4 years