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Loans
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Questions (1,217)
To help pay for art school Keith borrowed money from an online lending company he took out a personal amortized loan for $50,000
2 answers
asked anonymously
131 views
To help pay for art school Keith borrowed money from an online lending company he took out a personal amortized loan for $50,000
2 answers
asked anonymously
136 views
To help pay for art school Keith borrowed money from an online lending company he took out a personal amortized loan for $50,000
2 answers
asked anonymously
85 views
To help pay for art school Keith borrowed money from an online lending company he took out a personal amortized loan for $50,000
2 answers
asked anonymously
83 views
Suppose that a loan of $6500 is given an interest rate of 7% compounded each year. Assume that no payments are made on the loan.
2 answers
asked anonymously
155 views
a. Find the monthly payments and the total interest for Loan A.
The monthly payment for Loan A is $311.97 . (Do not round
2 answers
asked by
gaga
94 views
Suppose that you borrow $10,000
for three years at 7% toward the purchase of a car. Use PMT equals StartStartFraction Upper
2 answers
asked by
gaga
140 views
Toby takes out a loan of £400, which gathers interest rate of 3% per year. How much interest will he have to pay after his
2 answers
asked anonymously
71 views
Suppose that you decide to borrow $16 comma 000
for a new car. You can select one of the following loans, each requiring
2 answers
asked by
gaga
144 views
Suppose that you decide to borrow $16,000
for a new car. You can select one of the following loans, each requiring regular
2 answers
asked by
gaga
134 views
Suppose that you decide to borrow $16 comma 000
for a new car. You can select one of the following loans, each requiring
2 answers
asked by
gaga
114 views
To help open a wine bar shin borrowed money from his credit union he took out a personal amortized loan for $43,000 at an
22 answers
asked anonymously
138 views
To pay for a $15,400 fishing boat, Alan made a down payment of $3600
and took out a loan for the rest. On the loan, he paid
2 answers
asked by
Kevin
157 views
Jessica borrowed $9,000 from the bank to purchase a used car.
The bank has given her an interest rate of 7.5 % annually for a
2 answers
asked anonymously
174 views
Shawna wants to buy a new car that costs $25 000. She is given a loan from the bank that has an interest rate of 8.5% per year
2 answers
asked by
samy
80 views
To help restart the economy growth, government is offering simple interest loans to small business at a rate 1.5%.
Say,you obtain
2 answers
asked anonymously
77 views
An IOU is an example of:
A A savings account. B Your new favorite band. C A personal loan. D A spending plan.
1 answer
asked by
Kay kay
79 views
Janet took out a loan of $50,000 from Bank of America at 8 percent on March 19, 2006 which is due on July 8, 2006. Using exact
4 answers
asked by
Anonymous
612 views
To help open up a restaurant Ravi borrowed money from his credit Union he took out a personal amortized loan for 48,000 at an
17 answers
asked anonymously
156 views
To help open up a restaurant Ravi borrowed money from his credit union he took out a personal a mortise loan for $48,000 at an
7 answers
asked anonymously
69 views
Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years.
How much interest will she pay after 3 years? How much
1 answer
asked by
addreian
104 views
Raymond bought a car 40000. He took a 20000 loan from a bank at a simple interest rate 15% per year. What is total amount
1 answer
asked by
Tobhi
175 views
From this partial advertisement:
$95.10 per month for 60 months $4,100 used car cash price $50 down payment Calculate the amount
2 answers
asked anonymously
56 views
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
4 answers
asked by
Alec
3,563 views
John Roe, an employee of the Gap, loans $3000 to another employee at the store. He will be repaid at the end of 4 years with
3 answers
asked by
Jean
1,308 views
Which term describes the situation faced by people who cannot repay their loans?
A. bankruptcy B. collateral C. credit D.
3 answers
asked by
ss
229 views
Find the total amount to be paid back that is loan plus interest on these loans 2009 RAV4 3 weeks and one naira and it's 10
1 answer
asked by
Arisekola Inioluwa
89 views
Ed borrowed $1,500 for four months at 13.5%. How much did he have to
pay back under an add-on plan? a. $1,550.63 b. $1,567.50 c.
1 answer
asked by
t
86 views
Paul borrowed $2,000 for four months at an annual interest rate of
10.25%. How much must he repay at the end of four months? a.
1 answer
asked by
t
89 views
Carl borroowed $2,500 for six months at an annual interest rate
of 11%. How much must he repay at the end of six months? a. $275
1 answer
asked by
t
59 views
Carmen borrowed $1,200 for three months at 10.5% interest. How
much interest did she pay for the loan? a. $1,231.50 b. $126 c.
1 answer
asked by
t
81 views
Eric borrowed $1,800 for 9 months at 13.5% simple interest under an
add-on plan. What was his monthly payment? a. $15.63 b.
1 answer
asked by
t
89 views
George borrowed $1,895.50 for two years. The total amount he repaid
was $2,189.38. How much interest did he pay for the loan? a.
4 answers
asked by
t
69 views
Richard borrowed $1,250 for two years at 14% a year under an
add-on plan. He repaid the loan, including interest, in 24 equal
3 answers
asked by
t
74 views
Dan borrowed $3600 and pays a fortnightly interest of $27. Calculate the yearly interest rate?
2 answers
asked by
Paul
61 views
Myra borrowed $1,500 at 12.5% interest for three months. How much
does she have to repay under a single-payment plan?
1 answer
asked by
t
69 views
Your purchase cost $5200 including tax. You sign an installment loan for $2200 after the down payment. The remainder including
6 answers
asked by
just living :>
86 views
Your purchase costs, $4, 400, including tax. You sign an installment loan for $2, 500 after the down payment. The remainder
4 answers
asked by
just living :>
85 views
Your purchase cost $4, 900.25, including tax. You sign an installment loan to pay $1, 200 as a down payment. The remainder
1 answer
asked by
just living :>
93 views
You take out a 70-day single payment loan for $570 with an interest rate of 16%. What is the amount of the interest?
1 answer
asked by
just living :>
58 views
Fritz Benjamin buys a car costing 10600$. He agrees to make payments at the end of each monthly period for 8 years. He pays
2 answers
asked by
bob
95 views
Tonya took out a loan to help pay for her house. She borrowed $60,000 for 15 years at a yearly simple interest rate of 5%. How
4 answers
asked by
7400457
103 views
Use this scenerio to answer the question. Maria Ivanov has owned a successful clothing boutique chain for 20 years. She has gone
1 answer
asked by
rstaats88
100 views
What is a peer-to-peer loan?
a loan from one entity electronically matched to another entity without a financial institution in
2 answers
asked by
korinthia
132 views
The treasurer of Brandon Blue Sox is seeking a $32,000 loan for 180 days from the Brandon Credit Union. The stated interest rate
2 answers
asked anonymously
78 views
Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years. How much interest will she pay after 3 years? How much
1 answer
asked by
crunchyROLL
102 views
Annika friend offers to loan her $2000 to help pay her college tuition. Annika plans to borrow the money for a year and par 3.5
1 answer
asked by
Chicken
132 views
When an institution lends you money, that institution is entitled to charge a fee for lending you money. What is this additional
1 answer
asked by
Chicken
160 views
Macon Steinberg purchased a motor scooter with an installment loan that has an APR of 16
percent. The motor scooter sells for
1 answer
asked by
Mehmed
78 views
What is it called when an institution will give you a loan, but at very high rates without appropriate background or credit
1 answer
asked by
Barrd
51 views
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