Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
Allan borrowed $4400 from his father to buy a car. He repaid him after 7 months with interest 6) of 7% per year. Find the total amount he repaid.
1 answer
Well maybe 7% * 7/12 = 4.083 %
1.04083 * 4400 = ?
You can
ask a new question
or
answer this question
.
Similar Questions
Allan borrowed $4400 from his father to buy a car. He repaid him after 7 months with interest of 7% per year. Find the total
Top answer:
Assuming simple interest, 4400(1 + 0.07/12 * 6)
Read more.
Allan borrowed 6500 from his father to buy a car. He repaid him after 4 months with interest of 2% per year. Find the total
Top answer:
2%/year is .02/12 per month So, use your normal formula and you get 6500(1 + .02/12)^4
Read more.
allan borrowed $6400 from his father to buy a car. he repaid him after 9 months with interest of 8% per year. find the total
Top answer:
6400 * [1 + (.08 * 9/12)]
Read more.
Allan borrowed $4800 from his father to buy a car. He repaid him after 9 months with interest of 5% per year. Find the total
Top answer:
I think the answer is $5040.00
Read more.
thomas borrowed $4800 to buy a new car. he will be paying $96 each month for the next 60 months. find the simple interest rate
Top answer:
IR = ($96 * 60 - $4800) / 5 / $4800 * 100% = 4%
Read more.
Zach borrowed $50,000 to buy a car, put a down payment on a house, and pay for student loans. Some of the money was borrowed at
Top answer:
amount borrowed at 6% ---- x amount borrowed at 5% = 3x amount borrowed at 7% = 50000 - 4x solve for
Read more.
jennifer stemberg borrowed money to buy a car at 13.5% simple interest from her credit union. If the loan was repaid in 2 years
Top answer:
To find the amount Jennifer borrowed, we need to use the formula for simple interest: Interest =
Read more.
Suppose you borrowed $15000 to buy a car at an interest rate 7.2% compounded monthly. What will the monthly payments be on loans
Top answer:
There is an ambiguity in the question to be clarified about the interest rate. Generally
Read more.
Aarthi borrowed $18,500 at 5%p.a from her father tostart her software business. at the end of 3 months she paid him $5,000 and
Top answer:
interest for 3 months = 18500(.05)(3/12) = 231.25 actual reduction of debt = 5000 - 231.25 = 4768.75
Read more.
2. Dr. Enriquez borrowed $6,370 from the National Bank of Belize at 7.25 per cent per annum simple interest for 6 months.
Top answer:
a) The simple interest Dr. Enriquez paid the bank can be calculated using the formula: Interest =
Read more.
Related Questions
1. My father goes to work by car.
2. My father goes to work by his car. 3. My father goes to work in his car. (Which one is
When Maria Acosta bought a car 2.5 years ago, she borrowed $10,000 for 48 months at 7.8% compounded monthly. Her monthly
Sophie borrowed $2000 at a simple interest rate of 15% for 3 years to repay the loan and has $900 in interest. If Sophie's
Charlotte borrows $9000 over 5 years to buy a second hand car. The loan must be repaid over 5 years at 12% p.a. simple interest
problem:
Dena borrowed $7500 to buy a used car. The credit union charged 9%(percent it looks kind of funny) simple intrest per
Katie Chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture. If the loan was repaid in 2½
Katie chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture if the loan was repaid in 2
If I had borrowed 1500 for six months at 8.5% annual simple interest. How much I will have to repay at the end of six months
Richard borrowed $1,250 for two years at 14% a year under an
add-on plan. He repaid the loan, including interest, in 24 equal
Mr. Two can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a car at 7.75 per cent