Math

posted by .

What is the amount of interest on the loan?

$

b. What is the maturity value of the loan?

$

c. What is the maturity date of the loan?

Enter the full name of the month.

  • Math -

    Incomplete.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math(simple interest)

    A $9,000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan. Calculate the size of these payments if the interest rate on the loan is 7 1/4%. Use the loan date as …
  2. math

    Loan #1 Year Amount owed 1 $3796 2 $3942 3 $4088 Loan # 2 Year Amount owed 1 $977.53 2 $1036.18 3 1098.35 For loan #1 is simple interest. Loan #2 is compound interest How much was each loan originally Determine the future value of …
  3. math

    Loan #1 Year Amount owed 1 $3796 2 $3942 3 $4088 Loan # 2 Year Amount owed 1 $977.53 2 $1036.18 3 1098.35 For loan #1 is simple interest. Loan #2 is compound interest How much was each loan originally Determine the future value of …
  4. Simple Interest & Maturity Value

    On September 7, Jennifer Rick went to Park Bank to borrow $3,200 at 11 2/3% interest. Jennifer plans to repay the loan on January 5. Assume the loan is on ordinary interest (ordinary interest uses 360 days a year). Solving for: 1. …
  5. VBA Programming

    I'm trying to create a macro that asks for a loan between 1 dollar and 5 million, and returns different interest rates based on the amount of the loan. For some reason when I type in different loan amounts it automatically makes my …
  6. Math

    On May 23, Samantha Best borrowed $40,000 from the Tri City Credit Union at 13% for 160 days. The credit union uses the exact interest method. What was the amount of interest on the loan?
  7. interest math

    On April 12, Michelle borrowed $5,000 from her credit union at 9% for 80 days. The credit union uses the ordinary interest method. a. What is the amount of interest on the loan?
  8. math

    From the following information, determine the maturity date of the loan. Enter the full name of the month. (E.g., March) Loan Date Time of Loan (days) Maturity Date February 5 110
  9. math

    On April 12, Michelle Lizaro borrowed $5,000 from her credit union at 9% for 80 days. The credit union uses the ordinary interest method. a. What is the amount of interest on the loan?
  10. help

    From the following information, determine the maturity date of the loan. Enter the full name of the month. (E.g., March) Loan Date Time of Loan (days) Maturity Date February 5 110

More Similar Questions