Carissa wishes to borrow $280,000. Lender A qualifies her for a rate of 4.59% over a 30-year term, ar Lender B will give her 3.2% for a 20-year loan. Excluding taxes, insurance and all other charges, find t amount of the loan payment for each. Round your answer to the nearest whole dollar.

Wade Ellis buys a new car for $16,447.22. He puts 10% down and obtains a simple interest amortized loan for the rest at at 11.5% interest for four years. (Round your answers to the nearest cent.)   (a) Find his monthly payment.$ (b) Find the total interest.$ (c) Prepare an amortization schedule for the first two months of the loan. PaymentNumber PrincipalPortion InterestPortion TotalPayment Balance 0       $ 1 $ $ $ $ 2 $

Jeffery Wei received a 7-year non-subsidized student loan of $32,000 at an annual interest rate of 5.2%. What are Jeffery's monthly loan payments for this loan after he graduates in 4 years? (Round your answer to the nearest cent.)

Jenna bought a new car for $⁢28,000. She paid a 20% down payment and financed the remaining balance for 36 months with an APR of 3.5%. Assuming she makes monthly payments, determine the total interest Jenna pays over the life of the loan. Round your answer to the nearest cent, if necessary.

Karen obtained a $25.000 loan at 4.5% compounded semiannually. a-1. What monthly payment will repay the loan in 7 1/2 years? (Do not round Intermedlate calculations and round your final answer to 2 decimal places.) Monthly payment $4 a-2. How much interest will Karen pay over the life of the loan? (Round Intermedlate calculations to 2 declmal places and round your final answer to the nearest dollar.) Total interest %$4 6 of 9 Next > < Prev connect T

Tim Huston purchased a wall unit for $2,200. He made a $600.00 down payment and financed the balance with an installment loan for 48 months. If Tim’s payments are $42.59 per month, use the APR formula to calculate what annual percentage rate he is paying on the loan. (Round your answer to two decimal places)

Tim Houston purchased a wall unit for $2,300. He made a $600 down payment and financed the balance with an installment loan for 48 months. If Tim's payments are $43.50 per month, use the APR formula to calculate what annual percentage rate he is paying on the loan. (Round your answer to two decimal places.)

Linda borrowed money from a bank to buy a fishing boat. She took out a personal, amortized loan for $13,500, at an interest rate of 4.35%, with monthly payments for a term of 4 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Find Linda's monthly payment. S (b) If Linda pays the monthly payment each month for the full term, find her total amount to repay the loan. s (c) If Linda pays the monthly payment each month for the full term, find the total amount of interest she will pay. $0 X ?

Tim Houston purchased a wall unit for $2,200. He made a $800 down payment and financed the balance with an installment loan for 48 months. If Tim's payments are $43.50 per month, use the APR formula to calculate what annual percentage rate he is paying on the loan. (Round your answer to two decimal places.)

Angelica received a 12 year non-subsidized student loan of $12,000 at an annual interest rate of 5.6% (compounded monthly). Determine her monthly payment on the loan after she graduates in 4 years. round your answer to the nearest cent.