Respond to this Question
Similar Questions

MAth
1. John’s loans for his business total $155,000. One of the loans is a SBA loan at 11% interest; the other loan is a Community Business Partner loan whose interest is 6.5% After one year the loans accumulated $12,325 in
asked by Molly on July 29, 2011 
FINANCIAL HELP
hello,,, We offer a variety of loans to individuals (personal loan) and cooperate bodies at an interest rate of 3% per annul.This is to help you meet your financial obligations, especially with the ongoing global financial crisis.
asked by wayne stephen on April 20, 2016 
Principle to Business
After your loan application is submitted, who decides if you get approved for the loan? a. credit agency b. credit bureau c. FICO d. collections agency e. loan underwriter I pick e.
asked by Jamye on November 10, 2017 
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
asked by Matt on June 28, 2013 
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 
Finance
You have arranged for a loan on your new car that will require the first payment today. The loan is for $32,000, and the monthly payments are $620. Required: If the loan will be paid off over the next 60 months, what is the APR of
asked by Alec on February 19, 2014 
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
asked by Annie on January 19, 2012 
Finance
Could someone tell me how to calculate this in excel? You are applying for a 30year, fixedrate (APR 6.50%), monthlypaymentrequired mortgage loan for a house that sells for $80,000 today. The mortgage bank will ask you for 20%
asked by Brittany on October 2, 2015 
Math
You need $200,000 to buy a new home. The bank offers a choice of a 30year loan at an APR of 8% or a 15year loan at 7.5%. Assume the closing costs are the same for both loans. a) Compare the monthly payments for these two loan
asked by Emilio on February 21, 2016 
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
asked by Emma on January 19, 2012