Tuition of $1478 will be due when the spring term begins in 9 months. What amount should a student deposit today, at 7.42%, to have enough to pay the tuition? The student should deposit $ (Simplify your answer. Round to the nearest dollar as needed.)

Q: Mr. oniel borrows $750 for 4 months at 6% interest how much interest does he pay.

A: Given,            Mr. oniel borrows $750 for 4 months at 6% interest.To find : How much interest…

Q: Tuition of $1830 will be due when the spring term begins in 6 months. What amount should a student…

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Q: You deposit $3000 each year into an account earning 3.1% interest. How much will you have in the…

A: Given Information Principal P = $3000 Interest rate R = 3.1%

Q: What is the APR of a payday loan for $1825 due in 18 days that charges a $135 fee?

A: Given,           The APR of a payday loan for $1825 due in 18 days that charges a $135 fee.

Q: The monthly payment is ​$    enter your response here. ​(Do not round until the final answer. Then…

A: Part 2: Explanation:Step 1: Calculate the monthly interest rate (r):Given annual interest rate (APR)…

Q: ​Annie's cafe borrows $9,400 at 5​% for 240 days. Find the total amount that must be repaid after…

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Q: You take a loan from your local bank. Determine the interest that is accrued on $7000 for five years…

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Q: The owner of a hot dog stand receives a loan of $4,750 at 7.25% for 9 months. Find the amount of…

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Q: After retiring, you want to be able to take $1000 a month for a total of 15 years from your…

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Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 9% interest. How…

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Q: Tuition of $2086 will be due when the spring term begins in 11 months. What amount should a student…

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Q: You have $400,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

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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 borrowed money and need to pay interest on the loan. You must pay 5% of the $6500 loan to remain…

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Q: Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

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Q: much is the monthly payment?

A: To find the monthly payment.

Q: Find the annual simple interest rate of a loan, where $600 is borrowed and where $666 is repaid at…

A: Given data: Principle  = $600 Amount = $666 Time period = 15 months To find: Annual simple interest…

Q: You deposit $1000 each year into an account earning 6.1% interest. How much will you have in the…

A: Given Information :  Amount $1000 deposit each year into an account earning 6.1% interest.  Let,  P…

Q: The monthly payment is ​$    enter your response here. ​(Round to the nearest cent as​ needed.)

A: Step 1: Identify the givenCost of the Car = $ 26,635Down payment = $ 5,000 (to be deducted from the…