government
- 👍
- 👎
- 👁
-
- 👍
- 👎
Respond to this Question
Similar Questions
-
MATH 123
Darla purchased a new car during a special sales promotion by the manufacturer. She secured a loan from the manufacturer in the amount of $23,000 at a rate of 4.6%/year compounded monthly. Her bank is now charging 6.2%/year
-
math
Consider a student loan of $17,500 at a fixed APR of 9% for 25 years. Calculate the monthly payment, determine the total amount paid over the term of the loan, and of the total amount paid, what percentage is paid towards the
-
Finance
1. What is an entrepreneur? (1 point) a sole proprietorship a corporation one who opens a new business a bank that loans money 2. Which of the following is the best definition of probable operating costs? (1 point) Amount of money
-
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
-
Math
Find the amount paid for the loan. $1500 at 9% for 2 years $___
-
Math
You borrow $3200 to buy new kitchen appliances. The simple interest rate is 5%. You pay the loan off after 4 years. What is the total amount you paid for the loan? $___
-
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
A college student receives an interest-free loan of $10,200 from a relative. The student will repay $200 per month until the loan is paid off. a) Express the amount P (in dollars) remaining to be paid in terms of time t (in
-
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
-
math
Find the amount paid for the loan. $2400 at 10.5% for 5 years
-
APR Problem
After visiting several automobile dealerships, Richard selects the car he wants. He likes its $11,000 price, but financing through the dealer is no bargain. He has $2,200 cash for a down payment, so he needs an $8,800 loan. In
-
Math
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
You can view more similar questions or ask a new question.