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Loans
Page 10
Questions (1,217)
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
1 answer
asked by
tracie
491 views
Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000?(1 point) Responses The
3 answers
asked anonymously
66 views
Which of these statements is true?(1 point) Responses There is no reason to pay off a loan early. There is no reason to pay off
3 answers
asked anonymously
90 views
Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,400 at 12% add-on interest
2 answers
asked by
Jessica
616 views
What is a peer-to-peer loan?
• A loan form one entity electronically matched to another entity without a financial institution
3 answers
asked anonymously
150 views
What is an unsecured loan?
• A debt whose repayment is guaranteed by a pledge of something of value or a guarantor. • A
3 answers
asked anonymously
72 views
Ron Prentice bought goods from Shelly Katz. On May 26, Shelly gave Ron a time extension on his bill by accepting a $3,500,
1 answer
asked by
kadija
868 views
Part IV: You find that a small business loan in the amount of 50,000 is the amount you need to purchase the restaurant location.
1 answer
asked by
Johjoh
403 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
1 answer
asked by
Riquetta Elliott
432 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
1 answer
asked by
Riquetta Elliott
351 views
To help consumers in this tough economic climate, Pikes Peak Harley-Davidson offered to finance a new motorcycle for qualifying
1 answer
asked by
Riquetta Elliott
321 views
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
3 answers
asked by
Brian
494 views
you have a car priced at 27,700 at 608.15 monthly payments for 5 years.how much interest is paid?
1 answer
asked by
scoop
310 views
A car is purchased for $9,192.57 with $1470 down and a loan to be repaid at $200 a month for 2 years followed by a balloon
1 answer
asked by
Amanda
310 views
Leslie Hart borrowed $15,900 to pay for her child’s education at Riverside Community College. Leslie must repay the loan at
2 answers
asked by
Ekanki
916 views
May. 10, 2010, Leven Corp. negotiated a short-term loan of $705,000. The loan is due Oct. 2, 2010, and carries a 7.06% interest
2 answers
asked by
Ekanki
898 views
Lane French had a bad credit rating and went to a local cash center. He took out a $103 loan payable in five weeks at $123.
What
2 answers
asked by
Ekanki
642 views
Lane French had a bad credit rating and went to a local cash center. He took out a $103 loan payable in five weeks at $123.
What
1 answer
asked by
Ekanki
407 views
Margie Pagano is buying a car. Her June monthly interest at 12.5% was $201. What was Margie’s principal balance at the
2 answers
asked by
Ekanki
837 views
You find that a small business loan in the amount of 50,000 is the amount you need to purchase the restaurant location. After
1 answer
asked by
Sherry
396 views
$50,000 loan at 9% for 7yrs. What would be the unpaid balance at the end of the 6th year?
1 answer
asked by
Carrie
320 views
A power surge in the area fried your electronics. You need to replace your fridge and TV. You have a good credit score and a
3 answers
asked by
Pls help
124 views
The specifics of a loan, such as interest rate, payment structure, and duration, can differ significantly from one to another.
3 answers
asked by
Pls help
45 views
You are a single parent looking to take out a personal loan to pay for unexpected medical expenses and have two options: loan A
3 answers
asked by
Pls help
46 views
You are a single parent looking to take out a personal loan to pay for unexpected medical expenses and have two options: loan A
3 answers
asked by
Pls help
45 views
Choose the best term to fill in the blank. A ______ is a short and expensive loan that is meant to give cash until the next
3 answers
asked by
Pls help
44 views
The specifics of a loan, such as interest rate, payment structure, and duration, can differ significantly from one to another.
3 answers
asked by
Pls help
38 views
The specifics of a loan, such as interest rate, payment structure, and duration, can differ significantly from one to another.
3 answers
asked by
Pls help
33 views
Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000? (1 point)
• The lenders
3 answers
asked by
Mal
136 views
Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,800 at 12% add-on interest
2 answers
asked by
Anonymous
653 views
Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following:
(a) The
1 answer
asked by
Anonymous
1,086 views
Cassandra is repaying an installment loan of $3500 with 20 equal monthly payments of $196 each. What is the annual percentage
1 answer
asked by
Terry
352 views
Find the cost of credit in the following loan.
Amount of loan: RM 4,450 Number of payments: 24 Monthly payment: 221.
1 answer
asked by
ummu
327 views
You find that a small business loan in the amount of 50,000 is the amount you need to purchase the restaurant location. After
3 answers
asked by
Anonymous
447 views
a friend barrowed $5,000.00. I charged him 12 percent intrest. he paid it off over a 10 month period. Now what is the intrest
3 answers
asked by
delphine
416 views
John Receive a 10,000 loan, with an interest rate of 6 %, for 6 years.
What is the principal amount paid on the 6th through 9th
1 answer
asked by
Anonymous
394 views
1,500 personal loan, bank is going to charge a fee of 2% of loan amount as well as take out the interest upfront. The bank is
1 answer
asked by
Anonymous
407 views
If I borrowed $78,000 from a bank and had perfect credit; How much interest would I have to pay in Dollars and cents? The loan
3 answers
asked by
Richard
386 views
Discuss one of the risks of a variable rate loan.
3 answers
asked by
Cindy
345 views
borrowed $42,400 for 5 years interest rate 2.5%
3 answers
asked by
Cheryl
328 views
Auto loans, usually issued by banks, credit unions, and other lending companies, can typically be paid off in how many months,
3 answers
asked anonymously
66 views
What term best applies to a type of loan designed for personal use that is traditionally used by individuals to purchase items
3 answers
asked anonymously
68 views
What term best applies to a type of loan designed for personal use that is traditionally used by individuals to purchase items
3 answers
asked anonymously
100 views
If a business owner can’t get approved for a loan from an online lender, they can apply for a _____ to borrow money from the
3 answers
asked anonymously
102 views
Reza has been saving money to buy a house for himself and his fiancé. He finally thinks that he has enough to put towards his
3 answers
asked anonymously
140 views
Question 2 Mr Madikwe, a millionaire, assisted his cousin by lending him R 2 000 000. Mr Madikwe requested his cousin to provide
3 answers
asked anonymously
37 views
I have borrowed a sum of $150000 for buying house at 12% simple interest per year at the beginning of a year.The loan has to be
1 answer
asked by
chan
409 views
3) Which of the following statements is true concerning home equity loans?
A. Home equity loans are generally installment loans
2 answers
asked by
Anonymous
750 views
A person wishes to borrow $20,000 and has the following options. One lending source offers the loan for 24 monthly payments at
2 answers
asked by
MathHelp
515 views
a) How much will the monthly payment on a five yr car loan that changes 8.1% interest (compounded monthly) if the amount
3 answers
asked by
MathHelp
552 views
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