You have $4 000 on a credit card that charges a 18% interest rate.If you want to pay off the credit card in 3 years how much will you need to pay each month (assuming you don't charge anything new to the card)?

Graduation is 2 years away and you want to have $1000 available for a trip. If your bank is offering a 2-year CD (certificate of deposit) paying 2.6% simple interest, how much do you need to put in this CD to have the money for your trip? +A $

You charged $3,172 on a credit card. If you pay the minimum payment per month of $46.69, you will pay it off after making 96 payments. How much total interest will you pay?

your credit card has a balance of $4,500 and an annual interest rate of 16%. you decide to pay off the balance over 3 years. if there are no further purchases charged to the card, a.- how much must you pay each month? b.-what is the total interest paid over 3 years?

A friend asks to borrow $53 from you and in return will pay you $56 in one year. If your bank is offering a 6.5% interest rate on deposits and loans: a. How much would you have in one year if you deposited the $53 instead? b. How much money could you borrow today if you pay the bank $56 in one year? c. Should you loan the money to your friend or deposit it in the bank?

How much must you deposit in the bank today if you want to have $1,500 after 4 years?  Interest rate is 11%, compounding is annual.

You want to buy a car and therefore you borrowed $10,000 from a bank today for 6 years. The nominal interest rate that the bank charges is 7.2%. If you start making equal monthly payments beginning today then what will be your approximate monthly installment?   Group of answer choices   $170.43 $154.31 $160.31 $171.45

You decide to quit using your credit card and want to pay off the balance of $9,500 in 4 years. Your interest rate is 14.75% compounded monthly. What will your monthly payments be? How much interest do you pay?

If you owe $5,000 on a credit card that charges 18.99% apr and you decide to put no more charges on the account until it is paid off, how much money will you save if you make $200 payments vs $150 payments?

If you want to have $60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an interest rate of 9%?