Find the installment price of a recliner bought on the installment plan with a down payment of $100 and six payments of $102.34.
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Find the installment price of a recliner bought on the installment plan with a down payment of
and six payments of
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- how to use texas instrument TI-30XIIs calculator to find the savings plan balance? ex: Find the savings plan balance after 3 years with an APR of 3% and monthly payments of $100.Find the total installment cost and the finance charge for an installment loan with these conditions. Amount financed: $3000 Down payment: $500 Cash price: $3500 Number of Payments: 12 Amount of Payment: $275 What is the total installment cost? What is the finanace charge?Calculate the amount financed, the finance charge, and the total deferred payment price (in $) for the following installment loan. Purchase(Cash)Price DownPayment AmountFinanced MonthlyPayment Number ofPayments FinanceCharge TotalDeferredPaymentPrice $2,600 0 $ $188.69 18 $ $
- Finance Find the savings plan balance after 18 months with an APR of 6% and monthly payments of $800. Assume an ordinary annuity. a. $15,028.63 c. $15,360.28 b. $15,280.36 d. $15,306.82 Please select the best answer from the choices provided A B C DEstimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7-6, Exhibit 7-7. (Round your intermediate and final answers to the nearest whole dollar.) Monthly gross income Other debt (monthly payment) 15-year loan at Down payment to be made (percent of purchase price) Monthly estimate for property taxes and insurance Affordable monthly mortgage payment Affordable mortgage amount Affordable home purchase $ 3,350 $ 200 7 percent 20 percent $ 250effective rates of interest find the interest rate earned on each of the following : a. You borrow $700and promise to pay back $749 at the end of 1 year b. You lend $700 and borrower promises to pay you $749 at the end of 1 year c. You borrow $8,500 and promise to pay back $201,229 at the end of 10 years d. You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years
- how to do part two of the question? Calculate the value of the tenant's interest based upon a return of j, = 8%. Round your answer to the nearest $100. (1) $6,100 (2) $8,400 (3) $7,200 (4) $9,300Find the monthly house payments nessary to amortize the following loan. Find total payments and total interest paid. 198000 at 6.94% for 30 years.Calculate the amount financed, the finance charge, and the total deferred payment price (in $) for the following installment loan. Total Purchase Down Amount Monthly Payment Number of Finance Deferred (Cash) Financed Payment Price Payment Payments Charge Price $3,300 20% $243.00 12
- Create an amortization table for a mortgage based on a monthly payment of $2,486.36 a month, anninterest rate of 0.07375, and a total cost of a house of $359,900Determine the monthly interest rate i charged by Coco-me-Loan.Give typing answer with explanation and conclusion to all parts If $387674 is used to purchase an annuity earning 5.5% compounded monthly and paying $3102 at the end of each month, what will be the term of the annuity? Include the final, smaller annuity payment in the total. (Just state total months as a number, not years and months) What is N? What is I/Y? What is C/Y? What is P/Y? What is PV? What is PMT? What is FV?
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