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Loans
Page 8
Questions (1,218)
Ella is buying a motorcycle and is taking out a loan in the amount of $15,000. Her choices for the loan are a 36-month loan at
3 answers
asked anonymously
52 views
Linda borrows 4000 from his father to go on a trip to Kenya.he will have to pay the money back in 10 years time.his father will
1 answer
asked by
perseverance smith
460 views
On sept 14 Jennifer went to bank to borrow 4400 at 10.25% interest Jennifer plans to repay the loan on january 27 assume the
2 answers
asked by
Mick
658 views
$6900 loan at 12% and eventually repaid $9384 (principal and interest). What was the time period of the loan?
3 answers
asked by
mako
495 views
52,000 for a loan and a monthly payment of 450.23 for 30 years ?
1 answer
asked by
jasmine
348 views
From the following information, determine the maturity date of the loan.
Enter the full name of the month. (E.g., March) Loan
2 answers
asked by
reva
527 views
You want to buy a small house that costs RM100,000. You have RM10,000 for a down payment and repaid in equal installments at the
1 answer
asked by
Anonymous
430 views
John runs a florist shop in a small Arkansas town and had to borrow $170,000 to start up the shop. He was able to borrow some
2 answers
asked by
Bernice
483 views
John runs a florist shop in a small arkansas town and had to borrow $170,000 to start up the shop. He was able to borrow some
2 answers
asked by
Bernice
503 views
Mel took out a loan of $40,000 at 14 percent on March 16, 2007 which is due on January 15, 2008. Using exact interest, the
2 answers
asked by
maninder
596 views
The No Interest Credit Company provides zero-interest loans to customers. Design an application that gets customer account data,
2 answers
asked by
Michelle
753 views
Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is depleted, and they
2 answers
asked by
sheila
628 views
Here's another way to look at it. Suppose you want to borrow $100,000. You choose a 30-year fixed rate loan at 7.5%, and pay one
1 answer
asked by
Rosey
679 views
a 18 year loan requires month ends payments of $587.69 including interest at 18.4% compounded monthly. what wil be the balance
1 answer
asked by
aiman
425 views
11. Loan Payments You wish to buy a $30,000 car. The dealer offers you a 4-year loan with a 6 percent APR. What are the monthly
1 answer
asked by
Dashawn
768 views
On January 1, you will purchase a new car. The automobile dealer will allow you to make increasing annual December 31 payments
1 answer
asked by
Ralph Howze
497 views
Devin borrowed $8500 for 7 years. If the interest was $4165, the interest rate is
1 answer
asked by
Leslie
333 views
What is the monthly payment on a 25-year loan of $73,700 if the annual interest rate is 10%?
5 answers
asked by
Jennifer
810 views
if you buy a computer direct from the manuf, $3080 and agreed to repay it in equally 36 months installed at 2.06% interest per
1 answer
asked by
carol
413 views
On January 5, Ebony Davis borrowed $6,500 on a simple interest loan from a lending institution to finance her catering business.
3 answers
asked by
Jennifer
579 views
a 5000 loan, taken now with a simple interest rate of 4% per year, will require a total repayment of 5400dllrs. After how many
4 answers
asked by
rosie
578 views
Question 1
In order to buy a Christmas present for his girlfriend, James takes a loan of R500,00 from an organization advertising
1 answer
asked by
lesedi
491 views
Th e No Interest Credit Company provides zero-interest
loans to customers. Design an application that gets customer account data,
2 answers
asked by
Tanya
582 views
I am borrowing $ 10,000 for 5 years at 7% . Payments are made on a monthly basis and are determined using the add- on method. 1:
2 answers
asked by
Joyce
603 views
Mr. Michaluk has a $50,000 personal (revolving) line of credit with the Canadian Imperial Bank of Commerce (CIBC). The loan is
2 answers
asked by
Anonymous
556 views
1.Joanne borrowed RM5000 for 180 days at a discount rateof 8 1/2 %.find the proceeds.
2.A businessman needs RM12000 for four
2 answers
asked by
SISKA
531 views
Loan amount = $10,000
Monthly payments = $258.50 Time of loan contract = 5 years True annual interest rate (to the nearest tenth)
3 answers
asked by
wilton
788 views
1.FIND the bank discount and proceeds on the following loans
i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to
1 answer
asked by
fizz
432 views
On September 14, Jennifer Rick went to Park Bank to borrow $2,500 at formula9.mml interest. Jennifer plans to repay the loan on
1 answer
asked by
marie
761 views
Which statement is true about an annual percentage rate (APR)?(1 point)
Responses It is equal to the interest rate times the
3 answers
asked by
king
164 views
Which is true of variable-rate loans?(1 point)
Responses The rate can go up or down, depending upon the index it is tied too. The
3 answers
asked by
king
128 views
in one to two sentences describe one advantage and one disadvantage for a business when It receives a loan
3 answers
asked anonymously
34 views
For a $13,000 student loan with a 6% APR, how much of the payment will go toward the principal and how much will go toward
3 answers
asked by
lynn
529 views
Suppose you borrow $5,000 and make 12 equal payments to retire the debt. If the finance charge for the loan is $400, what will
2 answers
asked by
kim
505 views
Jane has a $35,000 bank loan that she wishes to pay off in five equal annual payments with 12% interest. If the first payment is
2 answers
asked by
Anonymous
514 views
Karl can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a car at 7.75 percent interest.
3 answers
asked by
Alec
1,502 views
Find the monthly payment for the loan. (Round your answer to the nearest cent.)
A $128,000 home bought with a 20% down payment
2 answers
asked by
Anonymous
547 views
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
2 answers
asked by
Nabil - please help
636 views
Andrew construction borrows the entire cost of a new dump truck. The loan has an annual interest rate of 12 percent and calls
1 answer
asked by
marvi
385 views
The Some Interest Credit Company provides loans to customers at 1.5 percent interest per month. Design an application that gets
2 answers
asked by
musa
529 views
I am borrowing $10,000 for 5 years at 9%. payments, which are made on a monthly basis, are determined using the add-on method.
2 answers
asked by
denise
515 views
The annual interest rate for a customer’s loan of $425 is 15.75%. What is the total dollar amount to be repaid on the loan,
2 answers
asked by
Anonymous
1,093 views
A short-term loan to shore up the value of the Mexican peso would most likely be funded by
A. a foreign direct investment. B. an
1 answer
asked by
outer banks lover
148 views
if you borrow 10,000 over five years, at the end of the five years, what will you have paid off?
3 answers
asked anonymously
92 views
Karl has a loan of $6,750. This loan has a simple interest rate of 2.5% per year. No payments will be made on the loan until the
3 answers
asked anonymously
40 views
Select the correct answer.
What is the basis for a decision on an unsecured loan? A. collateral B. creditworthiness C. current
7 answers
asked by
.
37 views
What is the maturity date of Samantha Best’s loan?
1 answer
asked by
Anonymous
318 views
Compute the rate for the following loan. Round your answer to the nearest tenth of a percent.
Principal Rate (%) Time Interest
1 answer
asked by
Anonymous
457 views
Finance $650,000 for a warehouse with a10.50% 30 year loan what is the monthly payment
1 answer
asked by
Anonymous
396 views
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
2 answers
asked by
Joyce
872 views
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