Helpppp

posted by .

Find the apr to the nearest half percent for the following loan

Amount financed $3400
Finance charge $470
Number of monthly payments 36

Please help

  • Math needs help -

    Indicate your specific subject in the "School Subject" box, so those with expertise in the area will respond to the question.

  • Helpppp -

    It's college math

  • ? -

    If you really want the help of an expert in this subject, you'll follow directions and put the SUBJECT in the School Subject box.

    The math tutors don't recognize a subject called "Helpppp."

  • Math -

    Math please help

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Maths

    In order to make some home improvements, a home owner spent $40,000. He paid 20% as a down payment and financed the balance of the purchase with a 36-month fixed installment loan with an APR of 7.5%. Determine the home owner’s a) …
  2. Mathematics

    I really need help with these three questions. Thank You. 1. Calculate the finance charge and new balance using the previous balance method. Previous balance = $179.32 Annual rate = 16% Finance charge $ ?
  3. Please help me with Finance !

    charlie can not remember how much he financed to buy his car.. he does remember that his monthly payment is $200 and his add on interest rate was 12% and he made a total of 18 payments. find the amount of his loan to the nearest penny. …
  4. Math

    Find the APR (true annual interest rate), to the nearest half percent, for the following loan. Amount Financed = $1200 Finance Charge = $90 Number of Monthly Payments = 12
  5. Math

    Tim Worker buys a new sofa for $549.95. He pays 20% down and takes an installment loan to complete the purchase. He makes 12 payments which include his principal and a $50.00 finance charge. What is the APR on his loan?
  6. math

    Tim Worker buys a new sofa for $629.95. He pays 25% down and takes an installment loan to complete the purchase. He makes 12 payments which include his principal and a $60.00 finance charge. What is the APR on his loan to the nearest …
  7. consumer math

    Tim Worker buys a new sofa for $629.95. He pays 25% down and takes an installment loan to complete the purchase. He makes 12 payments which include his principal and a $60.00 finance charge. What is the APR on his loan to the nearest …
  8. Please help! Urgent

    A homeowner installed a new swimming pool for $8500. He paid 8% down and then paid 36 monthly payments of $243.07. Determine the APR of the loan to the nearest one-half of a percent.
  9. Finance

    A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.
  10. math

    Find c and I. Choose the right answers. Hint: c = total of payments - amount financed Amount Financed (m) = $3,500 Number of Payments per year (y) = 12 Number of Payments (n) = 36 36 payments of $104.50 each. To the nearest penny, …

More Similar Questions