business math
 👍 0
 👎 0
 👁 418

 👍 0
 👎 0
Respond to this Question
Similar Questions

math
Find the monthly interest payment in the situation described below. Assume that the monthly interest rate is 1 divided by 1/12 of the annual interest rate. You maintain an average balance of $780 on your credit card, which

MATH
Dave takes out a 24year mortgage of 210,000 dollars for his new house. Dave gets an interest rate of 13.2 present compounded monthly. He agreed to make equal monthly payment, the first coming in one month. After making the 68th

Math
Dave takes out a 24year mortgage of 290000 dollars for his new house. Dave gets an interest rate of 14.4 percent compounded monthly. He agrees to make equal monthly payments, the first coming in one month. After making the 68th

Maths
Dave takes out a 27year mortgage of 200000 dollars for his new house. Dave gets an interest rate of 14.4 percent compounded monthly. He agrees to make equal monthly payments, the first coming in one month. After making the 70th

Math
Dave takes out a 23year mortgage of 200000 dollars for his new house. Dave gets an interest rate of 13.2 percent compounded monthly. He agrees to make equal monthly payments, the first coming in one month. After making the 65th

Finance
Dave takes out a 30year mortgage of 200000 dollars for his new house. Dave gets an interest rate of 16.8 percent compounded monthly. He agrees to make equal monthly payments, the first coming in one month. After making the 68th

math
The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $100,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new

economics
Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following: (a) The effective monthly interest rate (b) The nominal annual interest rate (c) The effective annual interest rate

math please help me  Ms. Sue
Sheds R Us sells $600 sheds on a monthly payment plan over 2 years. a) If the interest rate is 1.5% per month, find the monthly payment. Answer = $ b) If instead the interest rate is 1.75% per month, find the monthly payment

math
Matty jogs 1km in 5 minutes. Identify the correct conversion factor setup required to compute Matty's speed in m/s.

Math
Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each

math please help me
Sheds R Us sells $600 sheds on a monthly payment plan over 2 years. a) If the interest rate is 1.5% per month, find the monthly payment. Answer = $ b) If instead the interest rate is 1.75% per month, find the monthly payment
You can view more similar questions or ask a new question.