Assume you take out a $2000 loan for 30 months at 9% APR. What is the monthly payment? (Round your answer to 2 decimal places.)  N:   months I %:  P.V: $ PMT: $ F.V: 0 P/Y: 12 C/Y: 12

Assume that you take out a $3000 loan for 47 months at 6.5% APR. How much total interest will you have paid at the end of the 47 months? (Round your answer to the nearest cent.) $ 3631.12

Calculate the total payoff amount if you doubled the original $30 monthly payment to $60 per month. (number of months x monthly payment amount.) How much of that payoff would be interest payments?

Calculate the simple interest earned. Round to the nearest cent. P = $2250, r = 4.00% monthly, t = 4 months

Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance. 5-year computer loan for $3380 at 6.4%; remaining balance after 2 years. The monthly payment is $ (Round to the nearest cent as needed.)

Assume you take out a $3000 loan, compounded monthly, for 2 and a half years at 8.5% APR. What is the last month's interest? Answer rounded to the nearest penny. $26.08 $147.04 $10.76 O None of the other answers are correct. $2716.46 $707.52

mplete the following table: (Use Table 15.1.) te: Round your intermediate calculations and final answer to the nearest cent. Selling price Down payment Amount mortgage Rate 150,000 $ 30,000 $ 120,000 7% Years Monthly payment 30 $ First Payment Broken Down Into 798.36 $ Interest 700 $ Principal 98.36 Balance at e month

Imagine a loan of $420,000. The loan is to be repaid in six years (i.e., last payment at the end of month 72). If the APR of this loan is 7.80%, what will be your monthly payments? $7,724 $7,643 $7,451 $7,323 $7,548

Monthly payment of loan b, rounded to the nearest cent

Taking out a 21 year loan at $59,000 with 6% APR compounded monthly, and with monthly payments, calculate the amount of your second principal payment. Round your final answer to one decimal place.