Number of results: 2,022
Managerial Accounting
Explain why there is a need for a bank loan and what operating sources provide cash for the repayment of the bank loan
Saturday, September 15, 2007 at 1:27pm by Renau Daniels
Management Accounting
Explain why there is a need for a bank loan and what operating sources provide cash for the repayment of the bank loan
Monday, September 18, 2006 at 2:47pm by Renau Daniels
algebra
The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent. P=$130, A=171.60, T=4 years
Friday, February 4, 2011 at 6:06pm by Anonymous
Math
please explian thanks :) I need to know how to figure out .... A loan requires a 12% down payment and 24 equal monthly payments of $195.,what would the finance charge of the loan be
Tuesday, November 13, 2007 at 4:45am by Anonymous
Math
what is the unpaid balance at the end of the 10th year on a 30 year loan on 250000 loan
Saturday, May 7, 2011 at 12:29pm by E
Anonymous
I suggest you work out an example. Buy $100 of stock at 50% margin means $50 comes out of the investor's pocket, the other $50 is borrowed. The stock rises to $107, the stock is sold, the loan is repaid plus interest (of amount r). So investor is left over with ($57-r). ...
Wednesday, April 2, 2008 at 9:37pm by economyst
owning
The _______ is the contract that seals the deal when you buy a car. A.loan application B.warranty C.loan agreement D.sales agreement i got C
Monday, October 24, 2011 at 4:45pm by Ciara
owning
The __________is the contract that seals the deal when you buy a car. A.loan application B.warranty C.loan agreement D.sales agreement i got C
Saturday, October 15, 2011 at 2:02am by Ciara
math
calculate the monthly payment by loan amortization table: loan $26000, down payment $5000, 11% 36 months
Sunday, June 20, 2010 at 11:03pm by renee
uop
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?
Wednesday, October 29, 2008 at 5:04pm by lisa jones
public finance
Your annual income is $50,000. You want to take out a mortgage loan to buy a house. The rule on mortgage loan requires that your annual mortgage payment cannot exceed 30% of your annual income. If the current interest rate is 5% for a 30-year mortgage loan, what is the maximum...
Wednesday, September 26, 2012 at 10:11pm by Jamie
compund interest
Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...
Wednesday, August 5, 2009 at 3:03pm by thara
Compound Interest
Payments of $1,800 and $2,400 were made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for teh first two years and 10.74% compounded monthy thereafter. What amount was owed on the loan after ...
Sunday, August 2, 2009 at 3:01am by Sat
math formulas
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. Determine how much interest she will pay for her loan. h. How much would Vanna have saved if she had...
Friday, January 21, 2011 at 11:08am by stephy
business math
loan made july 15, length of loan 150, date of discount november 20. how many days is the discount period
Thursday, May 26, 2011 at 1:23am by Pascal
Algebra
Looking for an attractive loan for the car of your dreams? Well, you have to look no more. Come in and show us your car deal. We will match any car loan and reduce the interest rate by 1%, with our “simple interest car loan”. No down payment needed, and no trade-ins...
Tuesday, June 5, 2012 at 5:32pm by felicia
math
Cassandra is repaying an installment loan of 3,500 with 20 equal payments of 196.00 each.What is the annual percentage rate of the loan? A. 7.55% B.11.16% c 12% d.13.25%
Sunday, January 16, 2011 at 2:17pm by Jessie
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?
Saturday, December 8, 2012 at 7:56pm by Queen
algebra
john borrowed $650 from credit union . interest rate is 7.9% , and takes loan for 6 months . what will be his monthly payment to repay loan plus interest ?
Monday, April 23, 2012 at 5:50pm by starasia
Math
Business and finance. 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?
Wednesday, October 22, 2008 at 4:24pm by Gertrude Sanders
Math
Please check my answer thanks :) When repaing an installment loan of $3,500 with 20 equal monthly payments of $196 each , the apr of the loan is my answer is 13.5 %
Wednesday, November 14, 2007 at 1:21pm by Anonymous
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 ...
Sunday, August 5, 2012 at 5:52pm by Steven
algebra
How would you solve this math equation? this is really confusing to me. Ms.Martin was researching the costs of financing $125,000 for a home. She found that the monthly payment for a 6.875% loan for 30 years would be $821.16 per month. She found that the monthly payment for a ...
Thursday, September 4, 2008 at 10:19pm by Caleb
Finance
You have decided to buy a car that costs $34,100. The dealer offers you a 5-year loan with monthly payments of $695 per month. What is the annual nominal interest rate on the loan?
Sunday, October 25, 2009 at 2:46pm by London
finance
You have decided to buy a car that costs $34,100. The dealer offers you a 5-year loan with monthly payments of $695 per month. What is the annual nominal interest rate on the loan?
Friday, October 23, 2009 at 10:45pm by tiff
finance help
You have decided to buy a car that costs $34,100. The dealer offers you a 5-year loan with monthly payments of $695 per month. What is the annual nominal interest rate on the loan?
Thursday, October 22, 2009 at 5:40pm by Tiff
owning
The __________is the contract that seals the deal when you uy a car. A.loan application B.warranty C.loan agreement D.sales agreement i got C but my secong answer if not C it will be B.which on is write ??
Wednesday, October 19, 2011 at 5:15pm by Ciara
algebra
x = = amt of car loan at 0.037 y = amt house loan at 0.088 0.037x + 0.088y = 22611.73 x + y = 260394 Solve these two equations simultaneously
Sunday, February 20, 2011 at 1:26pm by Helper
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 ...
Friday, May 18, 2012 at 9:19pm by TAMMY
Chemistry
You have run your sentence together and I can't be sure about the concentrations. From the table, however, it appears initially you have EtOAc of 0.051 and H2O of 0.260 (so initially EtOH = 0 and acetic acid = 0). Yes, if you have 0.03045 mols acetic acid at equilibrium ...
Friday, August 3, 2012 at 11:56am by DrBob222
algebra
By system of equations: C=number of child tickets sold A=number of adult tickets sold C+A = 25 6C+16A = 260 Solve for A and C (by substitution). Solving the problem in the head without pencils or paper or calculator: Adult tickets cost $10 more than child tickets. If all 25 ...
Wednesday, June 20, 2012 at 8:16pm by MathMate
US and Global Economics
A landlord wants to acquire an additional apartment building for $250,000. The new building contains eight apartment units, which will each rent for $500 per month. The bank is willing to loan the landlord the money for a long-term, 30-year loan at a 5.5 percent interest rate...
Thursday, October 11, 2012 at 1:26am by BreAnne
math
acid in 400L 38% = 152 acid in 400L 65% = 260 if the 3 solutions were wanted in the amounts a,b,c respectively, then a+b+c = 400 .3a + .4c + .8b = 260 .3a + .4b + .8c = 152 a = 340/3 b = 835/3 c = 25/3 check my results to make sure they fit the conditions.
Saturday, November 17, 2012 at 3:05am by Steve
math
jamie tookout $3000 loan, due in 4 years. if interset is 5.7% per year, compounded semi-annualy how much should jamies crediter be willing to except to pay off the loan today?
Tuesday, May 15, 2012 at 3:45pm by miechelle
Fiancial Management
Since you had to pay a loan origination fee of 3% of 25,000 or $750, you really received only 24,250 at the begining of the loan. Figure the A.P.R using a loan amortization program, as whatever interest rate pays off a $24,250 loan in 15 annual payments of $3,138. Using the ...
Sunday, August 3, 2008 at 6:15pm by drwls
Business
It makes more sense to take out a loan if expected returns on the invested money can be expected to be higher, with great confidence. The "Time Value of Money" theory can be used to predict whether the current value of payments to be made in paying off the loan ...
Monday, June 15, 2009 at 9:55pm by drwls
finance
The banks offers a rate of 8 1/4 percent with a 20percentcompensating balance requirement, or as an alternative, 9 3/4 percent with additional fees of 5,500 to cover services the bank is providing. In either case the rate on the loan is floating ( changes as the prime interest...
Sunday, November 21, 2010 at 9:23pm by butterfly
business math
lane french had a bad credit rating and went to a local cash center. he took out a $119 loan payable in five weeks at $129. what is the percent of interest paid on this loan?
Thursday, April 14, 2011 at 11:02pm by elijah
Math
please help me thanks :) Paul needs to repay a loan(installment loan) of $3,500 with 20 equal monthly payments of $196 each. What is the APR of the laon? I got 11.16% then I got 12 % so I don't know
Tuesday, November 27, 2007 at 10:08am by Israel
Algebra
speed of freight --- x mph speed of passenger --- x+6 mph time to go 230 by freight = 230/x time to go 260 by pass = 260/(x+6) but they are equal, so 230/x = 260/(x+6) 260x = 230x + 1380 30x = 1380 x = 46 speed of freight is 46 mph , and the passenger train is 52 mph check: ...
Tuesday, December 13, 2011 at 4:50pm by Reiny
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 ...
Sunday, August 12, 2012 at 2:25pm by TRAY
Physics: Fluids
rho g volume = weight of fluid displaced 0.7 * 1000 kg/m^3 * 9.8 * V = 260-175 = 85 so V = .0124 m^3 fluid displaced mass = 260/9.8 = 26.5 density = mass/volume = 2139 kg/m^3 or specific gravity of 2.14 maybe concrete or some rock
Thursday, December 2, 2010 at 9:03pm by Damon
Math
4, -4 38, -38 260, -260 4092, -4092
Wednesday, April 6, 2011 at 8:38pm by Angela
Compound Interest : Future Value and Present Value
Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...
Friday, July 24, 2009 at 1:22am by Math
Economics
The owners of a successful restaurant want a loan for $50,000 to renovate the kitchen and expand the dining room. They expect that the extra tables will add between $2,000 and $5,000 to the restaurant’s monthly revenue. The bank is willing to let the business have an ...
Sunday, November 4, 2012 at 7:37pm by Josh
Business Finance
When a bank borrows 550,000 from the FED snd received s short-term ajustment credit for 3 days with the loan promised to be paid on the 6th day how much total reserves would rise with this loan.
Sunday, May 15, 2011 at 5:22pm by Sally
Finance
A guy borrows $5000 and wants to repay it $190 per month starting at the end of this month. If the loan terms are 6% APR with monthly compounding, how many payments will he need to make to pay off the loan?
Sunday, June 10, 2012 at 9:07pm by Damari
math please explian
I know how to do simple interest on a loan but how would I figure compound interest on a loan $8,000 invested for one year at 6% compounded quarterly ? with rounded to the nearest dollar thanks in advance for explaining :)
Monday, January 7, 2008 at 7:58pm by keleb
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 ...
Tuesday, April 12, 2011 at 2:23pm by Nick
Math
please help me I am not really sure about this please check answer thanks :) Mary has decided to purchase furniture. She has 2 choices she can pay the full amount of $4,200.The other choice is to finance the furniture for two years with an installment loan. The loan requires a...
Monday, November 19, 2007 at 6:57pm by Anonymous
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.
Saturday, March 24, 2012 at 3:31pm by Tina
algebra
.81(120) + x(140) = .80(260) 81(120) + 100x(140) = 80(260) 1400x = 11080 x = 11080/1400 = .7914 the student must earn 79% of 140 or 110.8 points in the second semester.
Tuesday, February 22, 2011 at 7:19am by Reiny
Finance
Gemini Real Estate is offered a $2 million line of credit for four months at an APR of 9%. This loan has a loan origination fee of 1.5%. What is the actual four-month interest rate paid, expressed as an EAR
Wednesday, December 1, 2010 at 7:02am by KEVIN
FINANCE
Gemini Real Estate is offered a $2 million line of credit for four months at an APR of 9%. This loan has a loan origination fee of 1.5%. What is the actual four-month interest rate paid, expressed as an EAR
Tuesday, November 30, 2010 at 11:17am by KEVIN
Algebra
Billy takes a $3000 loan that compounds semi-annually. He makes no payments for the first 4 years, and after 4 years he owes $3950.43. What is the interest rate of the loan? How would I figure this out? Thank you! :-)
Wednesday, April 1, 2009 at 3:55pm by Cassie
math
john has a loan but doesn't begin to repay his loan for 11 months, at a rate of $500 every month of four month. the interest rate is 8% compounded monthly determin the size of the loan using the following 2 steps 1. calculate the present value, pv1 of annuity payment at ...
Thursday, August 9, 2012 at 6:13pm by jule
math
calculate the monthly payment by loan amortization table: loan $26,000; down payment $5,000; 11% 36 months
Sunday, December 30, 2012 at 4:15pm by Linda
math
calculate the monthly payment by loan amotization table: loan 26,000, down payment of 5,000 at 11% for 36 months
Saturday, February 5, 2011 at 2:10pm by rose
Math
Calculate the monthly payment by loan amortization table Loan $26,000 Down payment $5,000 11% 36 Months
Tuesday, December 7, 2010 at 7:14pm by Debby
physics
while john is traveling along an straight interstate highway, he notices that the mile marker reads 260. john travels until he reaches the 150-mile marker and then retraces his path to the 175-mile marker. what is john's resultant displacement from the 260-mile marker?
Friday, October 22, 2010 at 10:05pm by Anonymous
math, business?
Business and finance. 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?
Wednesday, August 12, 2009 at 7:07pm by scooby91320002
Math
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? 9.09 is this right?
Friday, April 4, 2008 at 9:37am by Ms. Teri
Mortgage Class
A borrower received a 30-year ARM mortgage loan for $120,000. The start rate was 3.50% and the loan adjusts every 12 months for the life of the mortgage. Rate caps are 3/2/6. The index used for this mortgage is the LIBOR. For this exercise, let’s say it was 3.00% at the ...
Thursday, May 3, 2012 at 8:40pm by Pauline Holcomb
algebra
1. The amount of interest paid is total payments minus the initial value of the loan. This in the first case (30 years), the interest paid is 360*821.16 - 125,000 = 170,617.60 2. Fot a 20 year loan, the interest paid is (240)*959.77-125,000 = 105,344.80 3. Compare the results ...
Thursday, September 4, 2008 at 10:19pm by drwls
Psychology
Do not a lot of cash to buy a car? Don't worry, just because that's possible to receive the loan to resolve such problems. Therefore get a car loan to buy all you want.
Tuesday, May 13, 2008 at 12:51pm by RosalindEspinoza
business
Are you looking for a legitimate loan?contact:online.shqiptar@shqiptar.eu I got my business loan there.
Saturday, February 27, 2010 at 7:39pm by David Green
algebra
First of all, what kind of motion is this? If t = 0, that is, initially, the ball was 260 below the ground. Secondly, I don't recognize those units, definitely not on this earth. anyway ... -80t^2 + 340t - 260 = 0 divide each term by -20 4t^2 - 17t + 13 = 0 (4t - 13)(t - 1...
Sunday, February 3, 2013 at 8:55pm by Reiny
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...
Saturday, March 23, 2013 at 10:07am by tmouery
finance
You take out a 25-year $210,000 mortgage loan with an APR of 12% and monthly payments. In 16 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan?
Tuesday, November 20, 2012 at 1:14pm by Anonymous
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.
Sunday, May 27, 2012 at 9:46pm by John
Finance
Crimini Foods is offered a $400,000 line of credit for six months at an APR of 10%. This loan has a loan origination fee of 2%. What is the actual six-month interest rate paid, expressed as an EAR
Wednesday, December 1, 2010 at 7:01am by KEVIN
FINANCE
Crimini Foods is offered a $400,000 line of credit for six months at an APR of 10%. This loan has a loan origination fee of 2%. What is the actual six-month interest rate paid, expressed as an EAR
Tuesday, November 30, 2010 at 11:20am by KEVIN
Finance
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan?
Saturday, May 10, 2008 at 4:31pm by Anonymous
Economics
Calculate the duration of a one-year fixed payments loan with monthly payments of $150 and yield to maturity of 12%. Use this number to determine the % change in the price of this loan if interest rates increase to 14%.
Saturday, April 12, 2008 at 12:54am by Linda
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 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is discounted with a 20 percent...
Saturday, November 17, 2012 at 11:07pm by Rebekah
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?
Monday, June 11, 2012 at 4:59pm by Brian
algebra
First loan : x second loan : 31000-x .028x + .045(31000-x) = 1024.40 solve for x I would first multiply by 1000 to get rid of the decimals, take it from there
Friday, March 19, 2010 at 9:48pm by Reiny
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?
Sunday, February 17, 2013 at 3:08pm by Jordan
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 ...
Monday, May 30, 2011 at 6:43pm by jessie
English
Can you please tell me if the following sentences are correct? They all refer to Shakespeare's The Merchant of Venice. Thank you. 1) The man who marries Portia will be the one who chooses the correct casket. 2) Shylock is notorious for charging very high interest rates. 3...
Monday, September 6, 2010 at 6:17pm by Franco
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 $...
Monday, January 10, 2011 at 9:15pm by Bryan
mathematics
The monthly loan payment was calculated at 119 payments of $330.38 plus a final payment of $329.73 Loan balance: $25,000.00 Loan interest rate 10.0% Monthly loan payment: $330.38 Number of payments: 120 Cumulative Payments: $39,644.05 Total Interest paid: $14,644.95 On average...
Tuesday, January 26, 2010 at 5:45pm by Ashlie
math
On a loan of $3,500, Manny had to pay $280 interest. The Interest was what percent of Manny's loan?
Tuesday, May 22, 2012 at 9:32pm by Jason
Math
Choose the one alternative that best completes the statement or answers the question. Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent. Martin takes out a simple-interest loan at 7.5 %. After 6 months, the ...
Thursday, August 19, 2010 at 12:00am by Alex
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. &#...
Saturday, November 12, 2011 at 10:04pm by Debra
Math
A buyer is paying a reduced $500 in closing costs on a home with a sale price of $95,000 in the state of Bath, Maine. If the buyer obtains an FHA loan, what would be the monthly payment if the loan is at 9 percent for 10 years?
Sunday, April 15, 2012 at 5:22pm by Will
Interest calculation
# Loan Calculator Bankrate.com provides a FREE loan calculator and other loans calculators. ... Calculate the impact of extra payments using any combination of the inputs below. ... Adjustable Rates (ARMs) and Interest Only (IOs) ... http://www.bankrate.com/calculators/...
Sunday, August 15, 2010 at 11:56pm by Writeacher
Fin
Midland Chemical Co is negotiating a loan from Manhattan Bank and Trust. The small chemical company needs to borrow $500,000. The bank offers a rate of 8¼ percent with a 20 percent compensating balance requirement, or as an alternative, 9¾ percent with additional...
Saturday, February 13, 2010 at 7:24pm by Tim
math
On september 28, Jennifer Rick went to Park Bank to borrow $4,500 at interest. Jennifer plans to repay the loan on January 22. Assume the loan is on ordinary interest
Sunday, November 18, 2012 at 7:33pm by linda
math
I have a loan of 35.000 for 21 years my payment is 304. A month at 6.5 interest. How much do I need to paytoward the principal ea h month to pay the loan off in 5 years
Friday, September 1, 2006 at 1:37am by Terry
borrowing money
sherman jones borrows $675 from the REGAL LOAN COMPANY.he agrees to repay the loan in 15 months the interest rate is 23% how much money must sherman pay ???
Wednesday, April 14, 2010 at 2:12am by nathan
MATH
IF LOAN BALANCE IS 34,000.00 AND YOU PAY $597.21 MONTHLY AT 7.50 INTEREST HOW MUCH TIME WILL YOU CUT OFF TERM OF LOAN IF YOU ADD 100.00 TO MONTHLY PAYMENT
Tuesday, March 26, 2013 at 4:06pm by LILLY
Math
Jared obtained a simple interest loan for 1200 at a credit union at an annual interest rate o f 5.5%. if Jared paid $1430 to repay the loan, for how many months, was the money borrowed ? ( can you please tell me the steps. thanks )
Wednesday, October 6, 2010 at 10:54pm by thommini
math
fixed installment loan of $13,500 with 60 months to pay back, monthly payments of $280.24. instead of making 36th payment, pays remaining balance on loan. how much interest saved? use acturial method u= n*p*v/100+v
Sunday, February 27, 2011 at 8:24pm by kayla
trig
-260 = 360 -260 = +100 degrees there are pi radians in 180 degrees 100 * pi/180 = 10 pi/18 = 5 pi/9
Monday, May 19, 2008 at 6:58pm by Damon
Applied Business Law
The first party who is to file the statement has the priority to the collateral. The person signing over the papers and giving the bank permission to take the collateral has every right to calm the property that was disclosed in the financing statement. Agile borrowed five ...
Tuesday, December 11, 2012 at 10:22pm by Christina
Math
Ms. Pecho currently owes $637.50 in simple interest on a loan of $2500 at an annual interest rate of 17%. How long has she had the loan? How do you figure out this problem? I am not merely looking for an answer, I would like to know how to do it to know if he is doing it ...
Thursday, December 31, 2009 at 1:12pm by Rose
business math
Dick Hercher borrowed $7,000 to travel to London. His loan is to be paid in 48months monthly installments of $190. at the end of 14 months, Dick ddecides to pay off his loan. What is the final payoff Dick will make?
Friday, August 31, 2012 at 9:17pm by tracie
math
3/5 m + 1/3 f = 108 m + f = 260 clear fractions to get 9m + 5f = 1620 m + f = 260 9m + 5f = 1620 5m + 5f = 1300 4m = 320 m = 80 f = 180 3m/5 = 48 f/3 = 60 48+60=108
Thursday, March 29, 2012 at 11:40am by Steve
math
Pt = (Po*r*t) / (1 - (1 + r)^-t). Pt = Loan amount after 30 years. Po = Amount of loan = $250,000. r = (6% / 12) / 100 = 0.005 = Int. rate per month expressed as a decimal. t=lenth of loan = 30 yrs. = 360 months. Pt=(250000*0.005*360)/(1 -(1.005)^-360, Pt = 450000 / (1-0.16604...
Sunday, March 13, 2011 at 5:29pm by Henry
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