YVette purchased a car and she obtained a seven year term loan with an annual interest rate of 3.84% the balance after the 36 payment was $6566.01 and the balance after the 37th payment was $6194.50 what was YVette's monthly payment?
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YVette purchased a car and she obtained a seven year term loan with an annual interest rate of 3.84% the balance after the 36 payment was $6566.01 and the balance after the 37th payment was $6194.50 what was YVette's monthly payment?
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- Cathy borrowed a student loan for $700 and agreed to pay off the loan $740 one month later. what is the annual interest rate? assume it's computed using simple intrestPatrick purchased a car and he obtained a 7-year term loan with an annual interest rate of 3.19%. The balance after the 36th payment was $6,368.37 and the balance after the 37th payment was $6,085.70. What was Patrick’s monthly payment?Maya borrowed $700 from a lender that charged simple interest at an annual rate of 6%. When Maya paid off the loan, she paid $126 in interest. How long was the loan for, in years? If necessary, refer to the list of financial formulas.
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- Daniel paid $825 simple interest on a $1400 loan for five years . What was the interest rate?Frankie finances a motor home for $44,300 by taking out an installment loan for 36 months. The payments were $1,784.31 per month and the total finance charge was $19,935.16 after 21 months Frankie decided to pay off the loan. After calculating the finance charge rebate, find the loan payoff amount. $22490.17 $23,897.36 $22,417.77 $23,172.73Rita borrowed $4000 from a bank for 5 years and was charged simple interest. The total interest that she paid on the loan was $1600. As a percentage, what was the annual interest rate of her loan? If necessary, refer to the list of financial formulas.