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Interest Calculation
Page 9
Questions (836)
Daniel has a money market account with $1200. The bank offered him a special rate of 1.25% per month. How much money will Daniel
3 answers
asked anonymously
64 views
Rancher Rick purchased an additional 80 acres of hay ground to produce hay for his Angus herd. He paid $700/acre. He paid
2 answers
asked by
Renee
514 views
Fiona invested $1100 at 8% compound comtinously. At the same time, Maria ivested $1200 at 8% compounded daily. How long will it
2 answers
asked by
Anonymous
1,248 views
Matty Kaminsky owns a new Volvo. His June monthly interest was $400. The rate is 8 ½ percent. Matty's principal balance at the
2 answers
asked by
Maury
585 views
if I owe $5320.00 and must pay $300.00 a month plus 6% interest per annum till paid at approximately 18 months, how much
1 answer
asked by
carol
339 views
Lisa Kane borrowed $8,000 on an 8%, 60-day note. After 15 days, Lisa paid $2,000 on the note. On day 45, Lisa paid $1,000 on the
2 answers
asked by
no name
592 views
Using the Exact Interest rule, compute the interest on the following note:
$9,000 for 45 days at 23.5%. (round to the nearest
1 answer
asked by
roxy
394 views
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The
2 answers
asked by
Alex
638 views
Kate is thinking about investing $60 000 for 4 years. She deposits her money into an account which earns interest paid
2 answers
asked by
Ajay Devgan
513 views
$2,000 at 12% for 20 years
(a) Calculate the future amount if the money were invested at simple interest (b) Calculate the future
1 answer
asked by
Anonymous
437 views
John Jones buys a flat screen TV costing $1200. He pays $200 down and finances the balance at 15% add-on interest, to be repaid
1 answer
asked by
Dan
345 views
if apr is 7.3% daily and haad $400 1st 10 days, 1500 next 10 and 600 next 10 how much intrest was earned at end of month
1 answer
asked by
ruth
409 views
the finance charge at 12% interest for an original charge amount of 300.00 and a payment of 50.00 halfway through the month
1 answer
asked by
Lennnnnnn
293 views
Suppose Kevin and Jill both deposit $4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually
3 answers
asked by
Need Help!!!
538 views
Leslie Hart borrowed $15,900 to pay for her child’s education at Riverside Community College. Leslie must repay the loan at
2 answers
asked by
Ekanki
916 views
May. 10, 2010, Leven Corp. negotiated a short-term loan of $705,000. The loan is due Oct. 2, 2010, and carries a 7.06% interest
2 answers
asked by
Ekanki
898 views
Margie Pagano is buying a car. Her June monthly interest at 12.5% was $201. What was Margie’s principal balance at the
1 answer
asked by
Ekanki
468 views
Margie Pagano is buying a car. Her June monthly interest at 12.5% was $201. What was Margie’s principal balance at the
2 answers
asked by
Ekanki
837 views
2. Robert purchases a motor car from Excellent Motors ltd whose cash price is 56,000 on January 1; 2005; Rs. 15,000 paid on
1 answer
asked by
JUMA
451 views
Calculate the interest due on the following credit card balances.
a)An unpaid balance of $1623.53 at a rate of 19.50% for 21
1 answer
asked by
krystal
456 views
The Johnsons have saved $45,000. They invest their money in a bank and thei account earns 7.5% interest. How many years will it
1 answer
asked by
Marilyn
457 views
how long will it take to earn $568.75 in interest if $2500 is invested at a 6.5% annual interest rate
3 answers
asked by
tatiana
870 views
On September 7, Jennifer Rick went to Park Bank to borrow $3,200 at 11 2/3% interest. Jennifer plans to repay the loan on
2 answers
asked by
Angie
588 views
Amanda invested a total of $3,600 into three separate accounts that pay 5%, 7%, and 9% annual interest. Amanda has four times as
2 answers
asked by
samantha
701 views
Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,800 at 12% add-on interest
2 answers
asked by
Anonymous
653 views
a friend barrowed $5,000.00. I charged him 12 percent intrest. he paid it off over a 10 month period. Now what is the intrest
3 answers
asked by
delphine
416 views
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 20% down.
2 answers
asked by
Anonymous
875 views
If I borrowed $78,000 from a bank and had perfect credit; How much interest would I have to pay in Dollars and cents? The loan
3 answers
asked by
Richard
387 views
$700 is invested for a year. If the yearly interest rate is 4.5%, how much interest is earned in one year?
3 answers
asked by
Nova
34 views
Find the interest. Round to the nearest cent in necessary.
Principal - $178 Rate - 4% Time in months - 12
3 answers
asked by
Alex L.
1,113 views
Determine the amount of interest charged on S. Carter's account during the second month. S. Carter's account
Principal: $1,604
1 answer
asked by
morgan
370 views
I have borrowed a sum of $150000 for buying house at 12% simple interest per year at the beginning of a year.The loan has to be
1 answer
asked by
chan
409 views
Bill Seeker bought a boat costing $8500 with $1500 down, the balance plus add-on interest to be paid in 36 monthly installments.
2 answers
asked by
Brian
498 views
Find the total amount to be paid back (that is,loan + interest ) on this loan: ₦2000 for 3weeks at ₦2 on each ₦10 interest
3 answers
asked by
Favour
89 views
suppose you invest $15,000 in two funds paying 11 1/2%and 14% simple interest. the total annual interest is $1950. how much is
1 answer
asked by
sue
479 views
shawn bought a home for $100000.he put 20% down and obtained a mortgage for 30 years at 51/2%.what is the total interest cost of
5 answers
asked by
lindaemory
925 views
What is the interest payment on $16,000 at 5% interest amortized over 16 months with $1,000 payment per month
3 answers
asked by
Linda
336 views
At what annual nominal rate of interest will $6,900 earn $6,400 interest in five years?
1 answer
asked by
nmh
376 views
Zuck M. Drye Bank is paying 12% interest compounded monthly.How much will $200 deposited at the end of each month be worth after
1 answer
asked by
James
323 views
how many years will it earn $72 in interest
1 answer
asked by
britney
257 views
I need help computing the Annual percentage yield (APY) for a savings account that earned $56 in interest on $800 over 365 days?
1 answer
asked by
Haley
354 views
If you invested $1000 today at a rate of 5% for five years, and periodically you withdrew the interest earned, what type of
1 answer
asked by
kay
350 views
1. $5030 at 8% from January 3 to July 4
what is the interest rate and maturity value
1 answer
asked by
mya
285 views
carolyn borowed $125 if the interest rate is 1.5% per month on the unpaid balance and she does not pay this debt for 1yr how
2 answers
asked by
Yenny
868 views
Kiron invests $22,700 at 14% interest. About how much interest will he earn in 6 months?
a.$19,068 b.$3,178 c.$1,589 d.$530
3 answers
asked by
Joanna
387 views
If Grant House Furnishing accepted a ten month 8% interest rate, $3000 note from one of its customers on april 1, 2008.
How much
1 answer
asked by
Lilly
385 views
What sum of money will earn 72 naira as simply interest at a rate of 5% per annum in 3 years?
3 answers
asked anonymously
46 views
on march 8, you sign a $4000 note with simple interest 10% for 240 days. You make partial payments of $1300 on May 26 and $2300
6 answers
asked by
JrUNCFan
1,428 views
In order to have money for their daughter's college education, a young couple started a savings plan into which they made
2 answers
asked by
Rachel
552 views
Nico is saving money for his college education. He invest some money at 8%, and $1300 less than that amount at 5%. the
3 answers
asked by
Tristan
933 views
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