will owe $6,050 to repay a personal loan she took out to go on vacation. The loan was for a term of 10 months at 5.2% ordinary interest. What was the original amount of her loan?

Liz buys a new car for $18,600. She puts 15% down and obtains a simple interest amortized loan for the balance at 6. 25% for 5 years. Find her monthly payment and the total interest paid.

Every two weeks, Betty makes a $210 payment toward a car loan whose annual rate is 4.8%. If she will be debt - free in 5 - years, how much interest will she pay on this loan?

Nikul

Sonia borrowed $3717.00 compounded annually to help finance her education. She contracted to repay the loan in annual payments of $251.00 each. If the payments are due at the end of each year and interest is 5% compounded annually, how long will Sonia have to make annual payments? State your answer in years and months (from 0 to 11 months). ion 4Sonia will have to make payments for year(s) and months).

Kim borrowed money from a bank to buy a fishing boat. He took out a personal, amortized loan for $18,500 , at an interest rate of 5.9%, with monthly payments for a term of 6 years Find Joe's monthly payment. (b) If Joe pays the monthly payment each month for the full term, find his total amount to repay the loan. (c) If Joe pays the monthly payment each month for the full term, find the total amount of interest he will pay.   Please answer all subparts with explanation. I will really upvote. Thanks

Jacqueline invests $12000 for 8 years and 8 months. The account earns 11% semiannually. What is n for the compound interest part? A)What is the future value after the compound interest part?  B) Simple interest is used for how many months?  C) Assuming simple interest for the partial period, how much money does Jacqueline have in the account at the end of 8 years and 8 months?

Amanda borrowed $6,095 from her best friend, 11 months later, Amanda repaid her $7,005. Calculate the effective annual interest rate.