Jerome borrows ₱75,000 from the bank that advertises a 8% of simple interest rate and repays the loan in six equal monthly payments. Find the finance charge and estimate the annual percentage rate.

Martinez and Martinez Inc. makes monthly payments of $152.11 and pays 6% interest on a current loan. The initial loan was scheduled to be paid off in 3 years. Determine the loan amount.

Hassan borrows  AED 4,000,000 to be repaid over 15 years at 7 percent. What is the repayment of principal in the first three years and the total interest to be paid.

A loan of $1420 taken out on June 7 requires three payments. The first payment is due on July 7. The second payment is twice as large as the first payment and is due on August 19. The final payment, due on November 2, is three times as large as the first payment. If the focal date is June 7, what is the size of each of the three payments at an interest rate of 4.9%? The first payment is $ the second payment is $, and the third payment is $ (Round the final answers to the nearest cent as needed. Round all intermediate values to sx decimal places as needed)

Jami's Home Repair borrows $6,000, at 13.75% interest, for 330 days. Use the exact interest method to find the amount of interest that the bank will collect. (Round to the nearest cent.) Ⓒ$600.00 Ⓒ$640.00 $745.89 Ⓒ$8,200.00

Determine the annual financing cost of a 1-year (365 day), $9,000 discounted bank loan at a stated annual interest rate of 10.0 percent. Assume that no compensating balance is required. Round your answer to two decimal places.   %