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Interest Rates
Page 2
Questions (708)
Interest rates were high but have finally started to decrease. Explain the possible results on the economy.
The decreased cost of
4 answers
asked by
melody
210 views
2. In which economic situation would interest rates decrease?
a. most people are saving rather than buying houses. b. Average
1 answer
asked by
rstaats88
79 views
Effective rate of interest corresponding to a nominal rate 3% per annum payable half yearly is
2 answers
asked by
Sarah
44 views
Why do interest rates on home mortgages increase when demand for housing increases?
A. Banks look for ways to decrease incentives
1 answer
asked by
crunchygrape
119 views
How does a compound interest rate differ from a simple interest rate?
a. compound interest rates pay more interest over time b.
1 answer
asked by
crunchygrape
117 views
1. $4,200 at 12% for 2 yr.
2. $850 at 9% for 6 mo. 3. $4,000 at 15% for 3 yr. 4. $6,250 at 10% for 18 mo. 5. $10,000 at 8.5% for
2 answers
asked by
MannyThomas
63 views
Rohan has $100.00 that he wants to save in a bank. Bank A offers two types of savings accounts. One has a 5% simple interest
3 answers
asked by
goodog
257 views
How does a compound interest rate differ from a simple interest rate?
A. Compound interest rates pay more interest over time. B.
3 answers
asked by
goodog
163 views
First Simple Bank pays 6 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts
4 answers
asked by
Alec
9,112 views
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
4 answers
asked by
Bryan
1,292 views
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.
4 answers
asked by
matt
2,109 views
1)An interest rate is a special type of?
a. loan b. price c. bank d. service 2) How does a compound interest rate differ from a
14 answers
asked by
Leah
2,561 views
Oakwood Plowing Company purchased two new plows for the upcoming winter. In 200 days, Oakwood must make a single payment of
5 answers
asked by
Anonymous
5,386 views
A customer purchased a car and financed $16,000. The customer borrowed part of the money from a bank charging 10% annual
2 answers
asked by
Heather
628 views
A car dealer will sell you a used car for $6,298 with $798 down and payments of $165.51 per month for 48 months.
i found the
3 answers
asked by
gisela
1,374 views
You are purchasing a car for $12,465.00 plus 5.65% sales tax. You make a $1,300.00 down payment and have a fair credit score. If
3 answers
asked by
delaney
1,862 views
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective
7 answers
asked by
Anonymous
12,091 views
Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you
4 answers
asked by
mike
630 views
you deposit $1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please
6 answers
asked by
Mike
1,807 views
An interest rate is a special type of (1 point)
loan. **price. bank. service. 2. How does a compound interest rate differ from a
4 answers
asked by
Hayley
1,254 views
You decide to purchase a building for $30,000, you put $5,000 down payment. The banks offers you a 15 yr mortgage requiring
6 answers
asked by
Tuty
1,125 views
On May 12, Bob Campbell accepted a $5,000 note in granting
a time extension of a bill of goods bought by Rick Ween. Terms of the
1 answer
asked by
Anonymous
1,299 views
How die a compound interest rate differ from a simple interest rate?
Compound interest rates pay more interest over time Compound
7 answers
asked by
Lulu
1,737 views
Mrs. Crawford has invested $ 6,000 at 3% interest. How much additional money should she invest at 8% interest so that the total
3 answers
asked by
Marina
562 views
. The nominal interest rate on your account is 7%; your semi-annually effective rate of interest (APY) will be
3 answers
asked by
tota
737 views
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.
4 answers
asked by
Steven
3,455 views
Over a three-year period, the total interest paid on a $4500 loan was $1620. What was the interest rate?
4 answers
asked by
Jeconiah
671 views
convert the credit card rate to APR
Oregon, 2 1/4% per month
5 answers
asked by
Denise
2,166 views
Paul has $60,000 to invest. His intent is to earn 14% interest on his investment. He can invest part of his money at 8% interest
4 answers
asked by
Lauren
1,348 views
The effective rate of interest corresponding to a nominal rate 3%p.a payable half yearly is..?
7 answers
asked by
nitu
9,687 views
The amount of annual interest earned by $8000 invested at a certain rate is $200 less than $12,000 would earn at the rate 1%
2 answers
asked by
Tina
509 views
Abe Wolf bought a new kitchen set at sears. Abe paid off the loan after 60 days with an intrest change of 9 dollars. If sears
4 answers
asked by
Scott
1,547 views
a loan of 4000 was repaid at the end of 10 months with a check for 4270. what annual rate of intreste was charged.
4 answers
asked by
Gracy
1,573 views
Explain which companies would advertise APR over APY and describe how this would help them attract customers.
5 answers
asked by
Old User
5,702 views
Sue has a total of $4000 to invest in two accounts. one account earns 2% simple interest and the other earns 5% simple interest.
4 answers
asked by
phil
1,017 views
Rick has a credit card that charges 19% interest compounded monthly. What is the true annual rate of interest for Rick's credit
4 answers
asked by
Anonymous
1,250 views
Find the future value of $800 deposited at 5% for 2 years if the account pays simple interest, and the account pays interest
4 answers
asked by
Muffin
1,812 views
what is the effective interest rate of an 8% 13-week treasury bill? assume it is a $10,00 treasury bill, and round to the
3 answers
asked by
karen
4,373 views
This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government
4 answers
asked by
merli
1,635 views
Please help me.
1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the
3 answers
asked by
Jamie
506 views
Suppose the spot rates for 1 and 2 years are s_1 = 6.3\%s
1 =6.3% and s_2 = 6.9\%s 2 =6.9% with annual compounding.
3 answers
asked by
aaa-17
1,978 views
convert an effective anual interest rate 8% compounded annually to a nominal interest rate of 11.5% p.a compounded monthly
3 answers
asked by
Siyanda
842 views
Peter has money in two savings accounts. One rate is 9% and the other is 11%. If he has $400 more in the 11% account and the
4 answers
asked by
Sydney
1,613 views
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two
3 answers
asked by
Lisa
763 views
Convert the following credit card rate to the APR. Nebraska, 0.03562% daily rate. (Round your answer to the nearest whole
4 answers
asked by
Anonymous
589 views
Lane French had a bad credit rating and went to a local cash center. He took out a 113 loan payable in three weeks at 137. What
3 answers
asked by
Vickie
434 views
sam saved his money until he had $10000 to invest.he invested x dollars into certificate of deposit (cd) with an annual interest
4 answers
asked by
bhavana
2,977 views
Charles needs a $10,000 loan in order to buy a car. Which loan option would allow him to pay the LEAST in interest?
Responses A A
3 answers
asked by
Lettuce?
58 views
Charles needs a $10,000 loan in order to buy a car. Which loan option would allow him to pay the LEAST in interest?
3 answers
asked by
Lettuce?
65 views
a land company has a loan of $8,500 compounded quarterly for 5 years at 6% what is the effective interest rate for the loan?
3 answers
asked by
Anoymous
1,671 views
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