What is the total amount that must be repaid on the following note $8,543 borrowed at 14.5% simple interest. what is the total amount to be repaid in 3 years, 125 days later? Round to the nearest cent.

Suppose you take out a loan for $7,000, at 12% ordinary interest. If the amount of interest is $672, what is the time period? (Round any fraction to the next higher day.) O280 days O 284 days 288 days O 292 days

Assuming that interest is the only finance charge, how much interest would be paid on a $5,000 installment loan to be repaid in 24 monthly installments of $235.54? Round the answer to the nearest cent. $   What is the APR on this loan? Round the answer to 2 decimal places.     %

The simple interest charged on a 5-month loan of $51,000 is $356. Find the simple interest rate. (Round your answer to one decimal place.)

Find the simple interest I of the given loan amount. (Round your answer to the nearest cent.) $2,000 borrowed at 6% for three years   I= $ ______________

If a lender makes a simple loan of $500 for 5 years and charges 3%, then the amount that the lender receive at maturity is $ (Round your response to the nearest two decimal place) If a lender makes a simple loan of $2000 for one year and charges $90 interest, then the simple interest rate on that loan is %. (Round your response to the nearest whole number) If a borrower must repay $106.50 one year from today in order to receive a simple loan of $100 today, the simple interest on this loan is OA. 6.0% OB. 6.5% OC. 65% OD. 5.0%

es If you borrow $6,100 at $510 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.) a. Annual payment b. Semiannual payments c. Quarterly payments d. Monthly payments Effective rate

Use the ordinary interest method to compute the time (in days) for the loan. Round your answer up to the next highest day when necessary. Principal Rate (%) Time Interest $7,400 10.4  days $222

Give typing answer with explanation and conclusion  a loan of 4415$ borrowed today is to be repaid in three equal installments due in one and a half years, four years, and five years, respectively. what is the size of the equal installments if money is worth 9.2% compounded monthly?   The payments are each$?

What is the present value of loan payments of$515made at the end of every month for 3 years and 6 months? Interest is9.85%compounded annually?