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math 106
A lender oﬀers a choice between two loans. For loan A the lender charges 12% a year compounded 12 times a year. For loan B the lender charges 12.5% a year and compounds it once a year. Is loan A or loan B a cheaper loan for the
asked by james smith on June 17, 2017 
Math
A lender oﬀers a choice between two loans. For loan A the lender charges 12% a year compounded 12 times a year. For loan B the lender charges 12.5% a year and compounds it once a year. Is loan A or loan B a cheaper loan for the
asked by Mark Jackson on June 17, 2017 
Real Estate
If a borrower can afford to make monthly principal and interest payments of $1,000 and the lender will make a 30year loan at 81/2%, how large a loan (rounded to the nearest $100) can this buyer afford? (BE SURE TO USE THE
asked by Linette on August 2, 2015 
Financial math
A couple wants to lend money using the house value as a cover. The lender will lend them 70% of the value of the house. The couple bought the house 12 years ago for $ 79,000. The house is financed by a deposit of 20% and a
asked by Alexandra on May 10, 2019 
Afford
If a narrower can afford to make monthly principal and interest payment of $1,000 and the lender will make a 30 year loan at 81/2%=7.69 using amortization table. how large a loan(rounded to the nearest $100) can this buyer
asked by Linette on August 1, 2015

Finance
Here's another way to look at it. Suppose you want to borrow $100,000. You choose a 30year fixed rate loan at 7.5%, and pay one discount point ($1,000), a 1% origination fee ($1,000), and $350 in other fees. Although the lender
asked by Rosey on November 8, 2014 
accounting..please help
can you help me please for this solving problem below... problem: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning
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A couple considering a mortgage of $100,000 have a choice of loans. One loan is an 8% loan for 20 years, and the other loan is at 8% for 30 years. Find the amount of interest that the couple can save by choosing the 20year loan.
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This year (10 years after you first took out the loan), you check your loan balance. Only part of your payments have been going to pay down the loan; the rest has been going towards interest. You see that you still have $108,123
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Math
You need to borrow $20,000 to buy a car. You can only afford to make monthly payments of $200. The bank offers 3 choices: 3year loan at 5%, 4year loan at 6%, and a 5year loan at 7%. a) What’s the monthly payment for each
asked by Emilio on February 21, 2016