Selling price of home: 78,000 Down payment:4000 Principal(loan):74000 Rate of interest7% Years: 30 What is the total cosy of interest

Q: Salary Increases Your friend has just been hired at anannual salary of $50,000. If she expects to…

A: given,       when she begins , annual salary =$50,000 she expects to receive annual increases of 4%

Q: 1. Abby placed $4000 into her bank account at a simple interest rate of 4.5% per year for 4 months.…

A: Principal (P) = $ 4000 Rate (R) = 4.5 % per annum Time (t) =4 months = 412 years = 0.33 yr As,  12…

Q: How do I find the money in the account after the given number of years? Principal: 6000 Rate: 5.5%…

A: From the provided information,

Q: principal = $1500, compounded daily, 1 year, annual rate = 6%

A: Given that, Principal = $ 1500 It is compounded daily for 1 year Annual rate = 6%   As we know  The…

Q: $1180 at 7.6% for 14 months find the interest

A:

Q: Find the principal amount for the rare of interest 10% p.a.time 3 years and compound interest earned…

A:

Q: Andrew invested $213 for 15 months in a bank and received a maturity amount of $239.50. If he had…

A:

Q: Estimate the annual percentage rate for the add on loan using the given number of payments and…

A: Given n=42 and r=5.9% We have to estimate the annual percentage rate for the add on loan by using…

Q: House cost $225,000, you put 20% down. Get 30 yr loan at 3%. How much interest did you pay over 30…

A: Given problem is :

Q: Loan Amount = $175,591 Suppose you want a 20-year instead of 10-year fixed-rate mortgage loan, and…

A: As per our guidelines, we are supposed to solve only first three subparts. Kindly repost other…

Q: A man borrows 2000 TL and agrees to pay his creditor 800 TL at the end of 4 years and a final…

A:

Q: How much will you pay for the interest if you will borrow an amount P24.000 at 4% simple interest…

A:

Q: $20,000 in a fund paying 2% per year, with monthly payments for 5 years PMT =

A: The objective of this question is to calculate the monthly payments (PMT) for a fund of $20,000 that…

Q: On January 2021 – Dana has purchased a Car for $ 690,000 and she has paid $ 190,000 down payment.…

A: Given that Dana has purchased a Car for $ 690,000 and she has paid $ 190,000 down payment. She has…

Q: Jackie took out a $9000.00 personal loan with a 4.5% interest rate that she will pay back in 3…

A:

Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 9.2%. You want to have…

A:

Q: principal = $20,000, compounded quarterly, 3 years, annual rate = 12%

A: We have been given the principal = $20,000, compounded quarterly, 3 years, annual rate = 12% = 0.12

Q: Angela Montery has a five year car loan for a jeep wrangler at an annual interest rate of 6.9% and a…

A: We can use this formula to calculate the payoff amount, A = D1-1+r100n-Rr100n Where D is the monthly…

Q: principal = $50,000, compounded quarterly, 10 years, annual rate = 9.5%

A: Consider the given information Principal p=50,000n=4t=10r=9.5% Use compound interest formula Amount…

Q: RM10 000 is invested for 4 years in a bank earning a simple interest rate of 10% per annum.Find the…

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Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A:

Q: A family has 100,000 in the bank. They want to withdraw 8,000 every year for as long as necessary.…

A: the family  can made 12 regular withdrawals of 8000 every year.

Q: For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after…

A: Consider the given information. Total payment per year. P=$10,000 Time period is defined as, n= 10…

Q: Barrack buys a car costing 25600 $. He agrees to make payment at the end of each monthly period for…

A: