A student obtains a loan for $7,250. How much money does the student actually receive, assuming a loan fee of 1.05%? (Round your answer to the nearest cent.)

You want to save $20,000 for a down payment on a home by making regular monthly deposits over five years. Take the APR to be 4%. How much money do you need to deposit each month?

You need a home loan of $65,000 after your down payment. How much will your monthly house payment be if the bank charges 5.25% APR for a loan of 20 years? (Simplify your answer completely. Round your answer to the nearest cent.)

Tony's Towing borrows $17,250, at 7.5% interest, for 320 days. If the bank uses the exact interest method, how much interest will the bank collect? (Round to the nearest cent.) O $718.75 $1,134.00 O $1,134.25 O $1,293.75

Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $855,000 for an apartment complex with a 4.6% 20-year loan

You take out a 10 month, $2,000 loan at 8% annual simple interest. How much would you owe at the end of the 10 months (in dollars)? (Round your answer to the nearest cent.)

The amount to be financed on a new car is $9,500. The terms are 6% for 4 years. What is the monthly payment?  Answer the question. (Round your answer to the nearest cent.)$ =

A graduating college student owes $59,212 for a student loan. The loan charges an APR of 6.3%. What is the monthly payment required to pay off this loan in 8 years?

You purchase a eight year bond with an APR of 4.75%. The face value of the bond is $6210. Find the purchase price.

A loan in the amount of $454 is charged simple interest at an annual rate of 8.6%. How much money is owed 7 months after the loan was made? Round your answer to the nearest cent.