algebra
 👍 0
 👎 0
 👁 157
Respond to this Question
Similar Questions

Finance: Mortgages
A borrower received a 30year 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
asked by Cara on March 30, 2016 
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 5year term and a 3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit
asked by Donovan on April 16, 2020 
Math
Marcel gives Philip a business loan of $10,000 for 2 years with an annual interest rate of 9%. What is Philip's monthly payment on the loan, rounded to 2 decimal places? $456.85 $1030.23 $37.50 $1800.00
asked by Tati on April 13, 2020 
business math
. Ludwig borrowed $8,000 on July 20, at 11% interest. If the loan was due on October 17, what was the amount of interest on the loan using the exact interest method?
asked by tanisha on September 7, 2014 
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 which for this
asked by lAURA on May 19, 2018

math
Case: A borrower received a 30year 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
asked by jim on May 7, 2020 
MATH
Jasmine is taking out a small business loan for her floral shop. She plans to apply for a $30,000 loan with a 5year term and a 3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit
asked by Romero on April 16, 2020 
math
Catherine borrowed $19,000 on June 20, at 10% interest. If the loan was due on September 17, what was the amount of interest on the loan using the exact interest method?
asked by amy on June 23, 2013 
U.S. and Global Economics
The owner of a flower shop needs a shortterm loan to tide her business over until she completes the sale of some unused property. She asks the bank for a $25,000 sixmonth loan. The bank agrees to give her the loan, but attaches
asked by Mary on November 11, 2013 
Compound Interest : Future Value and Present Value
Payments of $1800 and $2400 weere made on a $10,000 variablerate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semiannually for the first two years and 10.74% compounded monthly
asked by Math on July 24, 2009 
eco
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans.
asked by matt on May 26, 2011
You can view more similar questions or ask a new question.