Tuesday
July 22, 2014

Search: 12. You have a loan for $150,000 at 5% on a 30-year mortgage. You plan to pay off your loan in 10 years. Do you want your loan to be figured using the Rule of 78 or the Unpaid Principle Balance Rule?

Number of results: 68,677

math
You have a loan for $150,000 at 5% on a 30-year mortgage. You plan to pay off your loan in 10 years. Do you want your loan to be figured using the Rule of 78 or the Unpaid Principle Balance Rule?
November 15, 2010 by Anonymous

Math
you have a loan for $150,000 @ 5% on a 30 yr mortgage. You plan to pay off your loan in 10 yrs, Do you want your loan to be figured using the "Rule of 78" or the "Unpaid Principal Balance Rule" please help if possible Thanks in advanced
May 27, 2012 by lost!!!! any other answer

Finance
Sauerfood company has decided to buy a new computer system with an expected life of 3 yrs. the cost is 150,000.the comapny can borrow $150,000 for 3yrs at 10% annual interest or for one yr at 8% annual interest. How much wld sauer save in interest over the 3 yr life of the ...
November 8, 2010 by Nancy

Math
You have aloan for 150,000 at 5% on a 30 yr mortgage. You plan to pay off your loan in 10 yrs. Do you want your loan to be figured using the Rule of 78 or the Unpaid Principle Balance Rule or something else.
May 27, 2012 by John

Finance
1. Mr. Kane recently borrowed $15,000 from his Aunt Jemima, and he has promised to pay his aunt $5,000 per year at 15%. How long will it take Mr. Kane to pay off the entire loan from his aunt? 2. You just borrowed $1,000 from Mr. Loan Shark. Mr. Shark requires you to pay $150 ...
July 3, 2009 by David

Finance
. Mr. Kane recently borrowed $15,000 from his Aunt Jemima, and he has promised to pay his aunt $5,000 per year at 15%. How long will it take Mr. Kane to pay off the entire loan from his aunt? 2. You just borrowed $1,000 from Mr. Loan Shark. Mr. Shark requires you to pay $150 ...
July 6, 2009 by David

finance
John borrows $150,000. The terms of the loan are 7.5% over the next 5 years. It is important to note that he makes annual rather than monthly payments. Construct a loan amortization schedule that shows the 5 payments of John's loan.
October 22, 2010 by sweet

accounting
John borrows $150,000. The terms of the loan are 7.5% over the next 5 years. It is important to note that he makes annual rather than monthly payments. Construct a loan amortization schedule that shows the 5 payments of John's loan. EXCEL TEMPLATE
October 23, 2010 by sweet

business mathmatics
the total amount on a loan of 6,000 for 150 days is 210.50. using the ordinary interest metnod. what is the rate on this loan? rounded to nearest hundredeth.
August 30, 2011 by linda

business
. George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the remaining bank loan; (...
April 17, 2011 by Susana

Finance
You have just purchased a new warehouse. To finance the purchase, you have arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on the loan will be $22,000. a. What is the effective annual rate (EAR) on this loan?
November 17, 2013 by lp

SMU
You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,300,000 purchase price. The monthly payment on this loan will be $15,000. Therefore, the APR on this loan is
June 23, 2011 by MAX

Finance
You have arranged for a loan on your new car that will require the first payment today. The loan is for $32,000, and the monthly payments are $620. Required: If the loan will be paid off over the next 60 months, what is the APR of the loan?
February 19, 2014 by Alec

Economics
Calculate the total dollar amount paid for a house purchased for $200,000. The buyer paid $50,000 as down payment and the remaining $150,000 was obtained with a closed mortgage having a 25 year loan at 10% interest compounded semi-annually and a monthly payment period. Assume ...
June 24, 2013 by John

business math
you take out a loan for $20,000 simple interest loan at 4% on August 21 and in 45 days you pay off $8,000 of the loan. What is your new principal?
August 23, 2013 by Joyce

finance
You take out a 30- yr mortgage loan, purchase price is $120,000 put $20,000 down and finances the balance of $100,000 at fixed annual loan rate of 12%, what will be your monthly payment? How much total interest will you have paid at the end of 30 years?
May 4, 2012 by tj

math
The total amount of interest on a loan of $6,000 for 150 days is $210.50. Using the ordinary interest method, what is the rate of interest on this loan? Round to the nearest hundredth.
March 24, 2012 by Tina

math
The total amount of interest on a loan of $6,000 for 150 days is $210.50. Using the ordinary interest method, what is the rate of interest on this loan? Round to the nearest hundredth
October 25, 2013 by sue

Math
Shantle and Kwamie are planning to buy their first home. Although they are excited about the prospect of being homeowners, they are also a little frightened. A mortgage payment for the next 30 years sounds like a huge commitment. They visited a few developments and scanned the...
July 9, 2014 by Chol

accounting
Did I do any of this right and how do I figure Retain earnings (where does net income and dividends come from? Cash .05($1,150,000) = $57,500 Accounts Receivable .15($1,150,000) = $172,500 Inventory .25($1,150,000) = $287,500 Fixed Assets .40($1,150,000) = $ 460,000 Total ...
June 10, 2009 by A.W.

healthcare fiancare
HINT: 6% X $1,000,000 – {20% X ($1,000,000 – (6% X $1,000,000))} = 6% X $1,000,000 – {20% X ($1,000,000 - $60,000))}= 6% X $1,000,000 - {20% X $940,000}= 6% X $1,000,000 - $188,000 = $60,000 - $ 188,000= -$128,000 A) The interst due on a 10% loan of $1,000,000 at year end ...
February 12, 2012 by patricia

business finance
You have saved $15,000 for down payment on a car costing $55,000, and plan to finance the rest with a 5-year loan. The dealer is offering you a loan with a monthly payment of $1,050. What effective annual rate of interest is the dealer charging on the loan
February 23, 2014 by sakiss

finance mortgage payment
What is your monthly mortgage payment on a loan for $150,000, at 6% for 20 years? I used my TI-83.... N=20*12 I%=6%/12 PV=150,000 PMT=0 FV=0 PMT=-1074.646 FINAL ANSWER IS ...$1074.65 per month the negative sign represents a cash outflow
July 25, 2008 by Jason

financial management
suppose you purchase a home for $150,000.and obtain a 90% mortgage loan, 30 yr. maturity, at a fixed annual interest rate of 80% with deferred monthly payments. What is the monthly payment for principal and interest on this loan?
January 13, 2008 by cj

Finance
you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
March 19, 2013 by Miller

Finance
you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
March 19, 2013 by Miller

Finance
you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
March 19, 2013 by Miller

Finance
you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest...
March 19, 2013 by Miller

Math
Question 1: You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budget consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must be repaid in full within 10 years. a...
January 22, 2008 by Mckenzie

Finance
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 make annual payments. How large will each payment be? If you want to sell your house after 7 years, how much will you owe and need to pay to pay off the...
March 29, 2014 by Donald

Real Estate
Smith purchases a home and obtains a $65,000 loan. The principal and interest payments are $8.54 per $1,000. The loan is for 30 years at 9%. How much does Smith pay in total interest over the life of the loan?
December 22, 2010 by Shayla

Math
You have recently found a location for your bakery & have begun implementing the first phases of your business plan. Your budget consists of an$80,000 loan from your family & a $38,000 small business loan. these loans must be repaid in full within 10 years. What integer would ...
September 27, 2009 by Billie

Finance
Consider the following scenario: John buys a house for $150,000 and takes out a five year adjustable rate mortgage with a beginning rate of 6%. He makes annual payments rather than monthly payments. Unfortunately for John, interest rates go up by 1% for each of the five years ...
October 22, 2010 by sweet

Finance
Consider the following scenario: John buys a house for $150,000 and takes out a five year adjustable rate mortgage with a beginning rate of 6%. He makes annual payments rather than monthly payments. Unfortunately for John, interest rates go up by 1% for each of the five years ...
October 23, 2010 by sweet

Business finance
In a discount interest loan, you pay the interest payment up front. For example, if a 1-year loan is stated as $10,000 and the interest rate is 10 percent, the borrower “pays” 0.10 x $10,000 = $1,000 immediately, thereby receiving net funds of $9,000 and repaying $10,000 in a...
January 10, 2011 by Bryan

math
The tooal amount of interest on a loan of 6,000 for 150 days is 210.50.using the ordinary interest(360 days)method,what is the rate of interest on the loan.Round off answer to the nearest hundredth. I think it is 8.42% Darrell owns a consulting business and has an estimated ...
January 9, 2011 by jon

Finance
You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on this loan will be $17,000. What is the APR and ERA?
September 23, 2012 by Anonymous

U.S. and Global Economics
The owner of a flower shop needs a short-term loan to tide her business over until she completes the sale of some unused property. She asks the bank for a $25,000 six-month loan. The bank agrees to give her the loan, but attaches a hefty interest rate of 18 percent. Calculate ...
November 11, 2013 by Mary

math
Leslie has been offered the choice of either a $1,000 rebate or a 5.5 percent, 48-month loan for the new car she is purchasing. If Leslie will be financing $15,000 and she can get a 7.5 percent, 48-month loan at her credit union, should she take the $1,000 rebate or the 5.5 ...
August 5, 2012 by Steven

Math
Please help me with this math problem. A woman is given a loan of $20,000. for 1 year. If the instrest charged is $800, the was was the intrest rate on the loan? To get the answer I set the problem up like this: R= 800/20,000= 25(1/100)= 25/100= 25% but I know this cant be ...
May 25, 2008 by Angela

Bus math case study 12.1
Shantel and Kwamie are planning to buy their first home. Although they are excited about the prospect of being homeowners, they are also a little frightened. A mortgage paymetn for the next 30 years sounds like a huge commitment. They visited a few new developments and ...
April 5, 2010 by Heather

accounting
what accounts would be impacted by a $30,000 cash payment to a $125,000 loan (assuming there is no interest on the loan)?
January 16, 2008 by Tricia

eco
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of $1,100 of interest ...
May 26, 2011 by matt

math
What is your monthly mortgage payment on a loan for $150,000, at 6% for 20 years? $899.33 $1,265.79 $1,074.65 $1,089.91
July 24, 2008 by brittany

english -
Describe a time when your moral values influenced the way you responded to an issue. What differences did you notice between your logical reasoning process and your moral reasoning process? What were the possible consequences or outcomes of your decision? (150-200) Three years...
March 25, 2008 by rose

Real Estate Finance
If your lending institution is willing to give you an 85% loan/mortgage on a house valued at $150,000 and you already have given a $5,500 earnest money deposit, how much additional cash will you need for your downpayment?
November 26, 2012 by tmouery

math
Five years ago, you bought a house for $151,000, with a downpayment of $30,000 which meant you took out a $121,000 loan. Your interest rate was 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. Escrow ...
May 18, 2012 by TAMMY

finance
You have been living in the house you bought 10 years ago for $300,000. At that time, you took out a loan for 80% of the house at a fixed rate 15-year loan at an annual stated rate of 9%. You have just paid off the 120th monthly payment. Interest rates have meanwhile dropped ...
February 5, 2013 by Anonymous

Finance
(15 points) You have been living in the house you bought 10 years ago for $300,000. At that time, you took out a loan for 80% of the house at a fixed rate 15-year loan at an annual stated rate of 9%. You have just paid off the 120th monthly payment. Interest rates have ...
October 24, 2013 by Anonymous

Math 104
Five years ago, you bought a house for $171,000. You had a down payment of $35,000, which meant you took out a loan for $136,000. Your interest rate was $5.6% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. •...
November 12, 2011 by Debra

math
The total amount of interest on a loan of $6,000 for 150 days is 210.50.Using the ordinary interest method,what is the rate of interest on this loan?Round answer to the nearest hundredth. I know the ordinary interest method is 360 days. My anwser is 8.42% Could someone check ...
January 10, 2011 by Bonnie

MATH
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000. Your interest rate was 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information: Escrow ...
August 12, 2012 by TRAY

Math
Euromart Tile Company borrowed $40,000 on April 6 for 66 days. The rate was 14% using the ordinary interest rate method. On day 25 of the loan, Euromart made a partial payment of $15,000, and on day 45 of the loan, Euromart made a second partial payment of $10,000. What was ...
June 19, 2013 by Anonymous

business
Euromart Tile Company borrowed $40,000 on April 6 for 66 days. The rate was 14% using the ordinary interest rate method. On day 25 of the loan, Euromart made a partial payment of $15,000, and on day 45 of the loan, Euromart made a second partial payment of $10,000. What was ...
June 21, 2013 by lost

math
Euromart Tile Company borrowed $40,000 on April 6 for 66 days. The rate was 14% using the ordinary interest rate method. On day 25 of the loan, Euromart made a partial payment of $15,000, and on day 45 of the loan, Euromart made a second partial payment of $10,000. What was ...
June 22, 2013 by brad

math - interest rates
Car loan: 5-yr annual-payment loan with interest rate of 6% per year. Annual payment = $5,000. You have just made a payment and decided to pay the loan off by repaying the outstanding balance. a) what is payoff amount if you have owned the car for one year (so there are 4 ...
February 5, 2014 by Nabil - please help

Per Calculus
The Washington family can purchase a new home with an 80,000 loan at 6% interest. If the term of the loan is set up to be 20yrs (240 months), what will be there monthly payment toward this loan. Use formula n=-In(1-A(r/12)I P) ______________ In(1 + r/12)
May 24, 2013 by Terror

Business
George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the remaining bank loan; (iii...
April 17, 2011 by Susana

Math
4. Vanna has just financed the purchase of a home for $200 000. She agreed to repay the loan by making equal monthly blended payments of $3000 each at 9%/a, compounded monthly. c. How long will it take to repay the loan? d. How much will be the final payment? e. Determine how ...
January 17, 2011 by Michelle

Math
A retired couple needs $12,000 per year in income to supplement their Social Security. They have $150,000 to invest to obtain this income. They have decided on two investment options: AA bonds yielding 10% per annum and a bank CD yielding 5%. (a) How much should be invested in...
July 7, 2005 by Angel

Business Finance
George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the remaining bank loan; (iii...
February 11, 2011 by LaShun

Finance
You just borrowed $15,000 from a bank. If you pay $4,000 at the end of each year over the next 5 years, you will pay off the loan. What is the interest rate on the loan?
June 11, 2012 by Brian

math
Joe is getting ready to buy a car. He has $20,000 in investments earning 4.9% annually. The car also costs $20,000. If he doesn’t pay cash for the car, Joe can get a loan at 2.9% interest for 5 years. The loan is structured so that Joe pays one balloon payment at the end of 5...
July 29, 2012 by Denise

Algebra
You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budget consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must be repaid in full within 10 years
March 18, 2008 by Adrian

Math
Calculate the monthly payment loan amortization table. Loan $26,000 Down Payment $5,000 11% for 36 months
November 22, 2010 by Math Question

Math
Calculate the monthly payment by loan amortization table Loan $26,000 Down payment $5,000 11% 36 Months
December 7, 2010 by Debby

math
calculate the monthly payment by loan amotization table: loan 26,000, down payment of 5,000 at 11% for 36 months
February 5, 2011 by rose

math
calculate the monthly payment by loan amortization table: loan $26,000; down payment $5,000; 11% 36 months
December 30, 2012 by Linda

math(simple interest)
A $9,000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan. Calculate the size of these payments if the interest rate on the loan is 7 1/4%. Use the loan date as the focal date.
July 22, 2009 by Thara

accountancy
You have been living in the house you bought 10 years ago for $500,000. At that time, you took out a loan for 80% of the house at a fixed rate 30-year loan at an annual stated rate of 6%. You have just paid off the 120th monthly payment. Interest rates have meanwhile dropped ...
September 30, 2012 by rebecca potts

Math
Acton choose from two loans offersS: 12,000 at 8% simple interest for 9 months: or a 12,000 9 month discounted loan at 7% discount. Based on the actual interest paid and the true rate on the discounted loan, which of the two loan offers will Acton choose?
December 8, 2012 by Queen

math
76% of all clients who apply for SBA loan are approved for the loan. Of the clients who are approved 84% pay the loan back in full. If 5,000 clients applied for the SBA loan 10 years ago, how many of them paid the loan back in full?
May 13, 2011 by derrius

math
A borrower received a 30-year ARM mortgage loan for $120,000. Rate caps are 3/2/6 (first adjustment/subsequent adjustments/total over the life of the loan). The start rate was 3.50% and the loan adjusts every 12 months for the life of the mortgage. The index used for this ...
October 3, 2012 by mahagoni

math
The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...
May 1, 2011 by angela

math
The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...
May 2, 2011 by susie

accounting ..urgent pls
can you help please.. PROB 1: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning of accounting year. Where as the partnership deed is silent on the interest on loan ...
June 1, 2011 by jessie

Finance
Your firm is considering the following three alternative bank loans for $1,000,000: A) 10 percent loan paid at year end with no compensating balance. B) 9 % laon paid at year end with a 20% compesating balance. C)6% loan that is discounted with a 20% compensating balance. We ...
February 12, 2012 by patricia

Math
4. Find the monthly payment for the loan. (Round your answer to the nearest cent.) $700 loan for 12 months at 15% 5. Find the monthly payment for the loan. (Round your answer to the nearest cent.) A $128,000 home bought with a 20% down payment and the balance financed for 30 ...
February 19, 2014 by Cece

real estate finance
I need to find the mortgage loan amount and can't remember how to do it. The borrowers have a combined gross monthly income of $50,400. Sale price is $190,000 and buyers are able to obtain a 90% conventional FNMA/FHLMC loan at 4 3/4% for 30 years. The annual PMI premium is .46...
March 23, 2013 by tmouery

VBA Programming
I'm trying to create a macro that asks for a loan between 1 dollar and 5 million, and returns different interest rates based on the amount of the loan. For some reason when I type in different loan amounts it automatically makes my rate ".1", when it should be say ".08", or "....
June 28, 2013 by Matt

Business Math
If Wilma borrows $5,000 from her brother (at 5% interest per year) and the loan matures in 10 years, how much will she have to pay annually to pay the loan off in 10 years? How much will she have to pay annually to pay the loan off in four years?
February 17, 2013 by Jordan

Algebra
Hello, could someone check my answers to the following 1.For the function f(x) = x^2 - 2x + 1, (a) find f(0) My Ans: (0) = 0² - 2(0) + 1 = 0 - 0 + 1 = 1 f(0) = 1 (b) solve f(x) = 0 My Ans: 0 = x² - 2x + 1 (x - 1)(x - 1) = 0 (x - 1)² = 0 x = 1 2. (Solve and check) The amount of...
July 7, 2010 by Tamir

Finance
Sutton Corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a 5 year, $6,000,000 bank loan to finance service equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Sutton can also ...
April 12, 2011 by Nick

accounting..please help
can you help me please for this solving problem below... problem: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning of accounting year. Where as the partnership deed ...
May 30, 2011 by jessie

MATH
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000. Your interest rate was 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information: Escrow ...
August 12, 2012 by TRAY

Real Estate Financing
"Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the ...
June 28, 2012 by Tianna

business math
loan made july 15, length of loan 150, date of discount november 20. how many days is the discount period
May 26, 2011 by Pascal

Loans
A borrower received a 30-year ARM mortgage loan for $120,000. Rate caps are 3/2/6 (first adjustment/subsequent adjustments/total over the life of the loan). The start rate was 3.50% and the loan adjusts every 12 months for the life of the mortgage. The index used for this ...
November 5, 2013 by Donna

Algebra: Statistics
Five years ago, you bought a house for $151,000, with a down payment of $30, 000, which meant you took out a loan for $121,000. Your interest rate was 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. ...
December 14, 2011 by Pamela

engr. econ.
homeowener is considering refinancing his home. original amount of the 30 yr loan was 250,000 at 12% compounded monthly. The owner has made ten years of payments. how much is the remaining balance on the loan. this is what I gotL r=12%, m=12, i=12%/12=1%/month I have to find ...
April 21, 2009 by jen

Can someone show me the right direction
Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $850,000 for a warehouse with a 11.50% 30-year loan. $850,000x.1150 I don't know if I x or divide. the 30 year loan Thank you.
May 13, 2014 by Mary Ann

Algebra 1A
I need help please. you have recently found a location for your bakery & have begun implementing the first phases of your business pla. Your buget consists of an $80,000 loan from your family& a $ 38,250 small business loan. these loans must be repaid in full within 10 years. ...
September 26, 2009 by Lea

Math
Stillwater hospital is borrowing $1,000,000 for its medical office building. The annual interest rate is 5 percent. What will be the equal annual payments on the loan if the length of the loan is four years and payments occurs at the end of each year?
August 3, 2013 by April

Algebra 1A
1.You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budget consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must be repaid in full within 10 years. a.What ...
March 27, 2010 by Anonymous

MAth
1. John’s loans for his business total $155,000. One of the loans is a SBA loan at 11% interest; the other loan is a Community Business Partner loan whose interest is 6.5% After one year the loans accumulated $12,325 in interest. What was the amount of each loan? I am not sure...
July 29, 2011 by Molly

finance
You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 25-year mortgage for 75 percent of the $3,600,000 purchase price. The monthly payment on this loan will be $17,700. What is the APR on this loan?
January 19, 2014 by Anonymous

math
find the monthly payment for the loan. Finance $ 750.000 for a warehouse with a 9.50% 30 year loan.
March 17, 2013 by Andrew

Fiancial Management
You decide to purchase a building for $30,000, you put $5,000 down payment. The banks offers you a 15 yr mortgage requiring annual end of year payments of $3,188. The bank also requires you to pay a 3% loan originatio fee. Compare the annual % rate of interest on this loan.
August 3, 2008 by Tuty

math
Having a problem with part of my question... 1. You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budget consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must ...
August 13, 2011 by =)

math
joe borrows $4,000, the loan is for 18 months at 5% interest, whats the total amount due on the loan?
March 8, 2011 by brittney

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