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Interest Rates
Page 9
Questions (708)
As the interest rate increases, the opportunity cost of money:
A. Increases for both lender and borrower. B. Increases for the
2 answers
asked by
Psharp
610 views
A U.S. government report stated that, “With bank interest rates around
1.0%, 8% of wage earners believe it worthwhile to keep
1 answer
asked by
Angela
759 views
Lane French had a bad credit rating and went to a local cash center. He took out a $100.00 loan payable in two weeks at $106.00.
2 answers
asked by
glen
707 views
Begining loan is 1400 ending amount is 1700 compounded quarterly over 9yrs what is the interest rate?
2 answers
asked by
Cumberland
690 views
A woman invested $15,000, part at 7% annual interest and the rest at 8%. If she earned $1,100 in income over a one-year period,
2 answers
asked by
John
696 views
CAR FINANCING FOR LESS
2-YEAR TERM UP TO $40,000 6% COMPOUNDED ANNUALLY WITH A $500 UP-FRONT PAYMENT Question What part of the
1 answer
asked anonymously
61 views
In which economic situation would interest rates decrease?
(1 point) Responses Most people are saving rather than buying houses.
1 answer
asked anonymously
66 views
What is the answer?
In which economic situation would interest rates decrease? (1 point) A Most people are saving rather than
1 answer
asked by
Taymzzzz
54 views
In which economic situation would interest rates decrease?
(1 point) Most people are saving rather than buying houses. Average
1 answer
asked by
Taymzzzz
42 views
Sam Seller offers credit at 19% interest per year.
4 answers
asked by
tasha
648 views
Interest rates would ________________ if people are saving money instead of doing things such as buying homes.
increase decrease
1 answer
asked by
Knotreal
29 views
If someone has a good record of paying off their debt in a timely manner, they will likely have __________ interest rates than
1 answer
asked by
Knotreal
32 views
find the effectivee rate correspoding to 3% compounded quarterly
The formula for effective rate I found is (1+ i/n)^n - 1 where i
1 answer
asked by
john
675 views
In which economic situation would interest rates decrease?
(1 point) Responses Most people are saving rather than buying houses.
6 answers
asked by
BTS ARMY
57 views
Jim wants to deposit money in an account to save for a new stereo system in two years. He wants to have $4,000 available at the
2 answers
asked by
HG
643 views
Jan plans to invest $7500, part at 4% simple interest and the rest at 5% simple interest. What is the most that he can invest at
2 answers
asked by
SEAN
635 views
Interest Rates Quick Check
1 of 31 of 3 Items Feature CAR FINANCING FOR LESS 2-YEAR TERM UP TO $40,000 6% COMPOUNDED ANNUALLY
6 answers
asked by
myworldwha
163 views
You invested 20,000 in two accounts paying 4% and 7% annual interest, respectively. If the total interested earned for the year
2 answers
asked by
Alex
632 views
Find the annual percentage rate on a loan of $1,500 for 18 months if the loan requires $190 interest and is repaid monthly.
2 answers
asked by
Chol
627 views
I am sorry I didn't complete the problem
Here is the question: Doris invested some money at 7% and some money at 8%. She invested
2 answers
asked by
Marcus
621 views
The present value of the money in your savings acct is $420, and you're receiving 3% annual interest compounded monthly. What is
2 answers
asked by
melissa
597 views
In which economic situation would interest rates decrease? A. Most people are saving rather thatn buying houses. B. Average
11 answers
asked by
Toby
43 views
If Maria earned $60 in interest over a 4-year period at a 4% simple annual interest rate, how much did she originally deposit in
2 answers
asked by
ALYSSA
572 views
Nathaniel wants to buy a new bicycle. His payment options are:
Option 1: Pay $2055.99 cash. He only has $400.00 saved up, so he
2 answers
asked by
John
572 views
an executive invests $35000, some at 9% and some at 7% annual interest. If he receives an annual return of $2910, how much is
2 answers
asked by
kelli
560 views
hi, i need some sample question with answers of apy and apr..please..i need to study..thank you very much..love you...god bless
5 answers
asked by
gen
570 views
Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of
i) simple interest at 12%, or ii) a loan at 10%
2 answers
asked by
Nieda
563 views
Can you please help me I've tried over 30 times on this problem please show me the formula that I need to come up with the
3 answers
asked by
matt
532 views
Ms. Jordan has been given a loan of $2,500 for 1 year. If the interest charged is $275, what is the interest rate on the loan?
2 answers
asked by
jane
545 views
Adam wants to invest $80,000 in a pension plan. One investment offers 7% compounded quarterly. Another offers 6.5% compounded
2 answers
asked by
Janell
545 views
50,000 is the amount of a loan needed to purchase a restaurant location. After researching to find the best interest rate, you
2 answers
asked by
Missy
548 views
Frank paid very well finance rate of 1.5% on the first $500 and 1% at any amount above $500 how much did he pay at the unpaid
2 answers
asked by
Anonymous
515 views
If the interest rate is 3% and a total of $4,370.91 will be paid to you at the end of 3 yrars, what is the present value of that
2 answers
asked by
India
510 views
Rosa invested $8000 for one year, part ast 8% annual interest and the balance at 10% annual interest. Her total interest for the
3 answers
asked by
cole
519 views
B owes $3000 due 2 years from today without interest and $2000 with interest at 4% compounded quarterly due in 6 years from
2 answers
asked by
AAA
513 views
you are looking for a safe place to put 30,000.00 for one yr. Bank A offers 2.46% interest rate continuously. Bank B offers
3 answers
asked by
Kat
535 views
ian invested $8000 part at 9% per anum and the remainder was at 10% per anum. after one year
2 answers
asked by
Anonymous
509 views
What part of the offered deals is the interest rate?
2 year term Up to $40,000 6% compound annually $500 upfront payment
1 answer
asked anonymously
31 views
In which economic situation would interest rates decrease?
(1 point) Responses Most people are saving rather than buying houses.
1 answer
asked by
NEED CONNEXUS ANSWERS
58 views
Which type of loan do lenders generally issue at the lowest interest rate?
a. mortgage b. credit cards c. personal loans d.
1 answer
asked anonymously
41 views
Jordan deposits $3000 into his new bank account bank has a simple interest rate of 1.8%. What will his account balance be after
1 answer
asked anonymously
36 views
In which economic situation would interest rates decrease? (1 point) Responses Most people are saving rather than buying houses.
1 answer
asked anonymously
60 views
A bank offers a 7.75% annual interest rate compounded daily. The periodic interest rate is
1 answer
asked by
qq
489 views
A) If the AEI increases by 3.0% a year and the RPI increases by 11.0% in the same year, then real earnings have gone down by 8%
B
1 answer
asked by
claudia
513 views
Wendy invested $6500.00 into two bank accounts, one paying 4% simple interest and the other paying 6%. If her annual interest
3 answers
asked by
Monica
501 views
Bank A is offering an interest rate of 6.60% compounded monthly, while bank B is offering an interest rate of 6.67% compounded
2 answers
asked by
Tracy
487 views
Assume that there is equilibrium in both the goods and the money market at all times. Suppose that the president of the United
1 answer
asked by
angad
490 views
a loan for $2000 with a simple interest rate of 15% was made on September 29th and was due November 30th I have to find the
4 answers
asked by
a
485 views
If the Risk Free Rate is 2% and the expected inflation rate is 3%, what is the nominal interest rate? Please show formula.
2 answers
asked by
Susan
492 views
you have borrowed $135,000 from the bank today. You are required to repay this money over the next six years by making monthly
3 answers
asked by
Anonymous
495 views
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