Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
On a loan of $3,500, Manny had to pay $280 interest. The Interest was what percent of Manny's loan?
1 answer
280/3500 = 0.08 = 8%
You can
ask a new question
or
answer this question
.
Related Questions
Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years.
a. How much interest will she pay after 3 years? b. how
5. Assume you borrow $5,000 today and pay back the loan in one lump sum four years from today. You are charged 8 percent
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly.
A payday loan company charges a $30 fee for a $550 payday loan that will be repaid in 15 days. Treating the fee as interest
15. Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years.
a. How much interest will she pay after 3 years? b.
Tom Newman took out a simple interest loan of $1,500.00 at 10 percent interest for 12 months. after 4 payments the balance is
You have two loans, for 2 years each. The total interest for the two loans is
$138. On the first loan, you pay 7.5% simple
Aaron needs a $7,500 loan in order to buy a car. Which loan option would allow him to pay the least amount of interest?
An
Joan Roe Borrowed $85,000 at a rate of 113/4 percent. The date of the loan was July 8. Joan is to repay the loan on Sept 14.
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8 percent. The date of the loan was September 20. Janet hoped