thanku  Harper took out a $27,000 loan to pay for her home renovation. She will not make a payment for 4 years and there is a 10% interest rate

Q: down payment     $  mortgage     $

A: Solution:

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: Calculate the amount of interest you'll have at the end of the indicated period. You invest $7000 in…

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Q: Answer

A: We find required amount.

Q: 5 years ago you purchased a home for $215,000. You made a 10% down payment and paid for the rest…

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Q: Bastian takes out a $3,500 personal loan with 5.6% fixed annual interest compounded monthly to pay…

A: This is a compound interest problem. The correct option here is option (B) Solution provided below

Q: Use this table to find the monthly mortgage payments, when necessary. Roberto has a mortgage of…

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Q: Alex takes an auto loan of amount $25,000. He has to repay X at the end of each month for the first…

A: Solution:

Q: suppose you purchase a 29 year old US savings bond with an APR of 2.5%. The face value of the bond…

A: INTRODUCTION The yield on a bond is the discount rate that connects the cash flows of the bond to…

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

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Q: Find time (years) if the interest is ₱2300, the principal is ₱9900 and the rate is 5%

A: Solution

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

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Q: The face value of a 97-day Treasury bill is $30,000. The interest rate is 2.96%. The purchaser buys…

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Q: A S1,200 bond earns 3% simple interest per year on its purchase price. What is the amount of…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Suppose that you borrow $14,000 for three years at 5% toward the purchase of a car. Use PMT=- find…

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

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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…

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Q: You purchase a mutual fund add an offer price of $15.79 per share. If the net asset value is $15.26…

A: Here we have to find the sale charge percent

Q: Carol borrows $25,993 to help pay for expenses. The loan is for 6 years and carries an annual rate…

A: Principal amount    P  = $ 25993 Period   n = 6 years Rate of interest  r = 4.5 / 100 = 0.045…

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

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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

Q: Use PMT = . Round to the nearest dollar. Suppose that you borrow $10,000 for four years at 7%…

A: To Find: The monthly payments and the total interest for the loan.