Find the maturity value and the amount of simple interest earned. $5118 at 4.46% for 6 months

Q: Find the APR (rounded to the nearest percent) for the loan listed. Purchase of a refrigerator for…

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Q: Find the interest rate for each deposit and compound amount. 6) $8000 accumulating to $12,384.48,…

A: Recall the following fact.

Q: Find the future value of this loan. $21,415 at 4.9% for 7 months The future value of the loan is $

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Q: Determine the monthly payment if you take out a loan for $ 190000 with an annual interest rate of…

A: Given : Loan Amount  = $ 190,000 Interest rate    = 6.25% Time              = 20 years The formula…

Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchased a…

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Q: Taneen has a savings account with a balance of $50,000. Find the balance after 10 years with a…

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Q: Find the simple interest paid on a $470 loan at 6.9% annual interest for 3 months

A: Given:The principal amount (P) is $470.The rate of interest (R) is 6.9% per year.The number of terms…

Q: A bond has a 14000 face value, an 8 year maturity and a 3.05 coupon. Find the total of the interest…

A: Face value = 14000 Coupon = 3.05% Thus interest rate = 3.05% = 0.0305

Q: You want to buy a $31,000 car. The company is offering a 2% interest rate for 60 months (5 years).…

A: Given that the present value PV=$31000Interest rate r=2%=2100=0.02Componded monthly…

Q: Compute the accumulated value of $ 7776 at 5.93 % after 5 months.(Simple interest)

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Q: Find the simple interest on P6275 at 10% for 6 months.

A: GIVEN: P = $6275, R = 10%, T = 6 months

Q: Jennifer earned $ 42.55 interest over the period of 146 days on a term deposit that pays 5.75 % per…

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Q: You put $500 into an account paying 2% compounded monthly. What size can you withdraw at the…

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Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

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Q: Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I…

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Q: Find APR (rounded to the nearest tenth of a percent) for the loan. Purchase a living room set for…

A: We know,  APR = 2Nr/N-1

Q: USE SIMPLE INTEREST TO FIND THE ENDING BALANCE   $1, 300 AT 5 % FOR 6 years

A: Find ending balance

Q: Shannon finances her new car with a $9,900 auto loan. The loan has a 5-year term at a fixed annual…

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Q: Find the future value of an annuity due with an annual payment of

A: We have to find the future value of an annuity.

Q: A car loan is simple interest. You borrow $17,500 for 4 years at 7.5%. Assuming monthly payments,…

A: Given : $17,500 is borrowed for 4 years at 7.5 % of simple interest.   To find : Monthly payments.

Q: Find the future value of this loan. $16,634 at 5.3% for 15 months The future value of the loan is $|

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Q: Find the monthly payments (just PMT) on a 20-year mortgage for $191,888 if the annual interest rate…

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Q: You have the option to take out a 30 year mortgage with an APR of 4.9% what will your monthly…

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Q: The rebate offer is $3800, and you can obtain a car loan at your local bank for the balance at 3.78%…

A: Let E be the monthly payment , P be the principal amount , r is the rate of interest and n is the…

Q: Find the future value of an annuity due with an annual payment of ​$8,600 for two years at 9.1​%…

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