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Loans
Page 5
Questions (1,217)
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple
4 answers
asked by
Julian
1,795 views
A woman wants to borrow $11,000 in order to buy a car. She wants to repay the loan by monthly installments for 5 years. If the
3 answers
asked by
Melany
580 views
Andres Michael bought a new boat. He took out a loan for $23,980 at 3.75% interest for 4 years. He made a $4,470 partial payment
3 answers
asked by
sara
1,442 views
Loan amount = $9,500
Monthly payments = $227.50 Time of loan contract = 5 years True annual interest rate (to the nearest tenth)
4 answers
asked by
wilton
2,647 views
You borrow $150,000 to purchase a new house. The bank offers you a special 20 year loan with a 7% interest rate and you will
3 answers
asked by
Donald
716 views
The No Interest Credit Company provides zero-interest loans to customers. (It makes a profi t by selling advertising space in
2 answers
asked by
carl
843 views
On September 14, Jennifer Rick went to Park Bank to borrow $2,500 at 11.75% interest. Jennifer plans to repay the loan on
3 answers
asked by
Carleen
871 views
Suppose you see a car with an advertised price of $28,550 at $614.45 per month for 5 years. What is the amount of interest paid?
3 answers
asked by
Rose
1,362 views
A loan of 12,000 was borrowed from a bank at 14% per annum.
Calculate the interest of the loan at the end of the first year. And
3 answers
asked by
Sam 101
1,121 views
A flower shop owner wants to pay off the loan on a used delivery van that was purchased 11 months ago. The 2-year installment
3 answers
asked by
Anonymous
707 views
What monthly payment is required to amortize a loan of $35,000 over 10 yr if interest at the rate of 15%/year is charged on the
2 answers
asked by
Anonymous
1,110 views
In December Corey took out a 1000-dollar loan with monthly interest rate 0.7 percent. In order to pay back the loan, Corey has
3 answers
asked by
Danielle
592 views
Joyce took out a loan for $21,900 at 12 percent on March 18, 2007, which will be due on January 9, 2008. Using ordinary
3 answers
asked by
Bob
535 views
A bank has loaned out $750,000, part of it at 5% per annum and the rest of it at 8% per annum. If the bank receives $52,500 in
3 answers
asked by
Jasmine
728 views
Determine loan amount
3 answers
asked by
Zama dladla
54 views
You borrow $3,000 at 9% interest for two years
3 answers
asked by
Sandra
73 views
A loan of $1,000 was paid off on Feb 18th and had simple interest of $37.07 due at 11%. On what date was the money borrowed?
3 answers
asked by
Hussein
98 views
Choose the correct answers.
Karla Kaufmann borrowed $750 at 12 percent for one year. She paid a $20 processing fee. The interest
3 answers
asked by
Aidin
108 views
Consider a student loan of $17,500 at a fixed APR of 12% for 20 years.
a. Calculate the monthly payment. b. Determine the
3 answers
asked by
ACB121
491 views
How much did you pay in interest to the lender? (total paid – original $400,000 loan)
4 answers
asked by
Kiara
221 views
A payday loan company charges a $30 fee for a $550 payday loan that will be repaid in 15 days. Treating the fee as interest
3 answers
asked by
Maria
1,387 views
Suppose you borrow $500 and you plan to pay it back all at once in 5 years. You are charged 2% interest compounded monthly.
What
4 answers
asked by
Amaya
1,044 views
Fritz benjamin buys a car costing $8300. He agrees to make payment at the end of each month period for 8 years. He pays 7.2%
4 answers
asked by
Sunny
2,359 views
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a
4 answers
asked by
Anonymous
2,819 views
If I will be given a loan of sh. 500000 and required to pay a monthly interest of 5%. How much will I pay after 8 months?
#Please
3 answers
asked by
kelvin
392 views
(second question of 2 that i need help with)
A $25000 loan is repaid over 8 years with monthly instalments of $391. What was the
4 answers
asked by
Anonymous
512 views
You borrow $3200 to buy new kitchen appliances. The simple interest rate is 5%. You pay the loan off after 4 years. What is the
7 answers
asked by
Madeline
2,130 views
Amy Koy met Pat Quin on September 8 at Queen Bank. After talking with Pat, Amy decided she would like to consider a $9,000 loan
3 answers
asked by
Maria Taylor
1,824 views
What do you call someone who pays back a loan Quickly? Algebra with pizzazz page 164
9 answers
asked by
Sasuke
4,265 views
On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the
2 answers
asked by
Larry
633 views
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
4 answers
asked by
Kat
1,557 views
a loan of $8,500 compounded quarterly for five years at 8% what is the effective interest rate for the loan
2 answers
asked by
Anoymous
630 views
Sheds R Us sells $600 sheds on a monthly payment plan over 2 years.
a) If the interest rate is 1.5% per month, find the monthly
3 answers
asked by
Mimi
879 views
Jennifer Rick went to Sunshine Bank to borrow $3,500 at a rate of 10¾%. The date of the loan was September 7. Jennifer hoped to
2 answers
asked by
ashley
601 views
Gene's Art Gallery is notoriously known as a slow-payer. The firm currently needs to borrow $27,500 and only one company will
3 answers
asked by
Kelsey
757 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
Nancy
1,871 views
Wanda took out a personal loan for $16,000 at 9% simple interest.
How much interest will she pay after 5 years? Suppose she pays
3 answers
asked by
Sara
918 views
Chris Shopper received a $800 discount loan to purchase a washer and dryer. The loan was offered at 10% for 120 days. What are
3 answers
asked by
Anonymous
881 views
Loan Amount: $15,000
Method of payment: discount basis Amount of Interest : $650 Term of loan: 1 year Effective Rate of Interest
3 answers
asked by
sarah
880 views
Matthew obtains a 30-year $81,000 house loan with APR of 8.08%. What is his monthly payment?
3 answers
asked by
theriti0
1,072 views
Lance Industries borrowed $130,000. The company plans to set up a sinking fund that will repay the loan at the end of 18 years.
3 answers
asked by
D Johnson
798 views
Susan Borrowed $5000. The term of the loan is 12% compouned monthly for 3 years.
what is the monthly payments? How much must she
3 answers
asked by
Rose
781 views
Joshua borrowed $2,300 for one year and paid $138 in interest. The bank charged him an $15 service charge. If Joshua paid the
4 answers
asked by
JENNIFER
1,618 views
bill and laura borrowed $15 000 at 6 per annum compounded monthly for 30 years to purchase a home. Their monthly payment is
4 answers
asked by
Leticia
1,749 views
mr.thomas wants to buy a boat. he must make 548 monthly payments to pay back the amount he borrowed, plus interest. his monthly
3 answers
asked by
Alexius
526 views
Joanne Flynn bought a new boat for $16,200. She put a $2,800 down payment on it. The bank’s loan was for 50 months. Finance
3 answers
asked by
Riquetta Elliott
951 views
To buy both a new car and a new house, Tina sought two loans totalling $78,825. The simple interest rate on the first loan was
3 answers
asked by
Kimberly
486 views
bill takes a loan of $8,000 at a 13% simple interet rate for 6 years. How much interest will he pay after 3 years?
3 answers
asked by
Cee Cee
749 views
Deandre borrowed money from an online lending company to invest in rare coins he took out a personal aortized loan for $22,500
7 answers
asked anonymously
56 views
You take out a loan to build a swimming pool in your new home's backyard. Your equal annual payments are 1/6 the amount you
3 answers
asked anonymously
47 views
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