hinkley
- 👍
- 👎
- 👁
-
- 👍
- 👎
👤Ms. Sue -
- 👍
- 👎
Respond to this Question
Similar Questions
-
Math
Study ways of raising a loan to buy a car or house e.g. bank loan or purchase a refrigerator or a television set through hire purchase the
-
Math/Finance
Jasmine is taking out a small business loan for her floral shop. She plans to apply for a $30,000 loan with a 5-year term and a 3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit
-
Mortgage ARM math
A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6. The start rate is 3.50% and the loan adjusts every 12 months for the life of the mortgage. The index used for this mortgage is LIBOR (for this
-
Finance: Mortgages
A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6 (initial adjustment cap/periodic interest rate cap/lifetime interest rate cap). The start rate is 3.50% and the loan adjusts every 12 months for the
-
FINANCE
You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 35-year mortgage loan for 75 percent of the $3,250,000 purchase price. The monthly payment on this loan will be $15,800. Requirement 1: What
-
math
A carpenter spent $4500 to purchase a table saw , a circular saw, and a panel saw. He paid 5% down and financed the balance with a 30-month fixed installment loan with an APR of 5.0%. Determine the total finance charge and monthly
-
Finance
You have just started your first job and you want to have the basic appliances (fridge, washer, dryer, etc.) in your apartment. You face the following choices: (i) Purchase all appliances at the store using a bank loan. There is
-
Math
Chris Shopper received a $800 discount loan to purchase a washer and dryer. The loan was offered at 10% for 120 days. What are the proceeds? I tried this problem and the answer is not 26.40
-
MATH
Jasmine is taking out a small business loan for her floral shop. She plans to apply for a $30,000 loan with a 5-year term and a 3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit
-
Math
Loan Amount: $13,000 Method of payment: discount basis Amount of Interest: $625 Term of loan: 1 year Effective Rate of Interest (to the nearest tenth): _____ %
-
consumers math
Sam Sounds received a $290 discount loan to purchase a stereo. The loan was offered at 16% for 90 days. Find the interest in dollars and the proceeds for the following problem.
-
math
Find the interest in dollars and the proceeds for the following problem. Choose the correct answer. Sue Shopper received a $749.25 discount loan to purchase a refrigerator. The loan was offered at 12% for 120 days. Find the
You can view more similar questions or ask a new question.