Tom Bond borrowed $6,600 at 6-% for three years compounded annually. What is the compound amount of the loan and how much interest wilI he pay on the loan? Compound amount = S (Round to the nearest cent as needed.) Compound interest = $ (Round to the nearest cent as needed.)

Carla borrowed $1002.00 from the Merchant Bank at 8.4% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $220.00 per month. Construct a complete repayment schedule for the loan including totals Amount Paid, Interest Paid, and Principal Repaid. Complete the repayment schedule below. (Round to the nearest cent as needed.) Payment Number Balance Before Payment Amount Paid Interest Paid Principal Repaid Balance After Payment $1002.00 1 $1002.00 $220.00 2 $220.00 $ 3 $220.00 $ $ 4 $ $220.00 %$4 %$4 $0.00 Totals: $1 $

A home mortgage extends for 20 years at 8 percent interest compounded monthly, the payments are also made monthly , after how many months is half of the principal paid off

A bank loaned John Smith $3,000 for three years compounded annually at 9%. How much interest was John required to pay on the loan? Use the $1.00 future value table or the future value and compound interest formula.