Margo borrows $400, agreeing to pay it back with 8% annual interest after 17 months. How much interest will she pay?

Ciana wants to take out a $7,500 loan with a 5.3% APR. She can afford to pay $128 per month for loan payments. 22. What should be the length of her loan? Round to the nearest tenth of a year.a. 5.5 yearsb. 5.6 yearsc. 5.7 yearsd. 5.8 years 23. How would an increase of $20 to her monthly payment affect the length of her loan?a. 0.9 years moreb. 0.9 years lessc. 0.8 years lessd. 0.8 years more

Margo borrows $600, agreeing to pay it back with 7% annual interest after 15 months. How much interest will she pay? Round your answer to the nearest cent, if necessary. A

Donna enters into an investment contract that will guarantee her 4% per year if she deposits $3,500 each year for the next 10 years. She must make the first deposit one year from today, the day she signs the agreement. How much will she have when she makes her last payment 10 years from now? Assume the same facts as in problem 1 above, except that Donna negotiates the chance to make her first payment now and continue to pay at the beginning of each year for the 10-year period. How much will she have accumulated?

Alien Jackson has $2,000 on her credit card which charges a 23% interest rate. If she wants to pay off the credit card in 4 years, how much will she need to pay each month (assuming she don't charge anything new to the card)?

Britt owes $1,984.92 on a personal loan. The interest rate is 15.4%. How long will it take to pay off this loan if she pays $25 a month? If she pays $50 a month? What is the minimum she needs to pay each month in order to make any progress on paying off the loan?

Shelly deposits the $2000 she got as a birthday gift from her grandmother into an account earning 3.6% interest compounded monthly. She decides to also deposit $200 at the end of each month into the same account. How much will be in the account in 10 years?

Jane agrees to buy a car for a down payment of $8000 and payments of $360 per month for 9 years. If the interest rate is 3% per year, compounded monthly, what is the actual purchase price of her car? (Round your answer to the nearest cent.) 42,229.19 X

To help buy her new house, Donna is taking out a $271,000 mortgage loan for 30 years at 4.1% annual interest. Her monthly payment for this loan is $1309.47. Fill in all the blanks in the amortization schedule for the loan. Assume that each month is in of a year. Round your answers to the nearest cent.

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