PUse PMT =Round to the nearest dollar.- nt1 -1+ -nSuppose that you borrow $30,000 for four years at 8% toward the purchase of a car. Find the monthly payments and the total interest for the loan......O A. $732; $35,136В. $2,095; $70,560C. $857; $41,136D. $732; $5,136

Answered: Use PMT = Round to the nearest dollar.…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Use PMT = . Round to the nearest dollar. Suppose that you borrow $10,000 for four years at 7% toward the purchase of a car. Find the monthly payments and the total interest for the loan. A.$281; $13,488 B.$239; $1472 C.$624; $19,952 D.$239; $11,472
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Compute the principal (in $) for the loan. Use ordinary interest when time is stated in days. Principal Rate (%) Time Interest $ 8 6 months $1,000
When the Lee family bought their home, they borrowed $115,700 at 3.25% compounded monthly for 20 years. If they make all 240 payments, repaying the loan on schedule, how much interest will they pay? (Assume the last payment is the same as the previous ones.) _______

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Use PMT = Round to the nearest dollar. - nt 1- Suppose that you borrow $30,000 for four years at 8% toward the purchase of a car. Find the monthly payments and the total interest for the loan. ..... OA. $732; $35,136 OB. $2,095; $70,560 OC. $857; $41,136 DD. $732; $5,136