Plan A: Pay $0.07 per minute of long-distance calling. Plan B: Pay a fixed monthly fee of $14 for up to 340 long-distance minutes and $0.04 per minute thereafter (if she uses fewer than 340 minutes in any month, she still pays $14 for the month). Plan C: Pay a fixed monthly fee of $25 for up to 500 long-distance minutes and $0.02 per minute thereafter (if she uses fewer than 500 minutes, she still pays $25 for the month).

AMG Services offers to lend Scott Tucker $5,250 which he needs to repair his sports car.  AMG’s loan offer is subject to an APR of 14.6 % interest rate with monthly compounding. How long will it take Scott Tucker to pay off the loan if he makes $95 monthly payments?

ns Lacy has a $41,500.00 student loan when she graduates on May 4, and the prime rate is set at 5.5%. She has decided at the end of the grace period to convert the interest to principal, and she sets her fixed monthly payment at $900.00. She opts for the variable rate on her student loan. Create the first four repayments of her repayment schedule. Calculate the total interest charged for both the grace period and the four payments combined. Assume February does not involve a leap year. (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, "-$149.63") (Give all "Number of Days" quantities as fractions with denominator 365.) Date June 11 Nov 30 (inclusive) Dec 31 Jan 31 Feb 28 Mar 31 Balance before Transaction Annual Interest Rate 8% 8% 8% 8% 8% Number Interest Accrued of Days Charged Interest U D n Total combined interest charged for grace period and first four months: Payment (+) or Principal Balance…

Able Long buys a new desk for $2,400. Able will pay back $250 per month. Monthly interest is 3% on the unpaid balance. Calculate the balance outstanding after the second payment. (Use the U.S. Rule.) (Round your answer to the nearest cent.)