| 4. The Booster Club raised $30,000 for a sports fund. No more money will be placed into the fund. The appreciation value of the fund is 5.25% per year. Determine the amount of money, to the nearest cent, that will be left in the sports fund after 4 years.

How long will it take a borrower to diminish P198, 480 if a lender charges 15.65% monthly and monthly payment of P7, 897.75? (2.55)

You take out a 7-yr car loan for $25,000 with a 7.5% APR. The fixed monthly payment is $383.46. How much interest do you owe after one month? How much interest do you pay over the life of the loan?

Lashonda takes out a loan for her college tuition from a bank that charges simple interest at an annual rate of 5.35%. Her loan is for $7700 for 4 months. Assume each month is 1/12 of a year.   1. Find the interest that will be owed after 4 months.    2. Assuming Lashonda doesn't make any payments, find the amount owed  after 4 months.