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Suppose A is the amount borrowed, r is the interest rate (in decimal form), and m is the total number of monthly payments.Let w
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2. asked by Pamela
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Suppose that you took out a loan at 7% interest for 192 days. If the amount of interest was $149.33, use the ordinary interest
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2. asked by tota
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the amount of money remaining to be paid on a loan, y, is a function of the number of months, x. Suppose thatmonthly payments of
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2. asked by bart
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Suppose an amount increases by 100%, then decreases by 100%. Find the final amount. Would the situation change if the original
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2. asked by Tim
3. 636 views
Suppose you want to buy a car. The dealer offers a financing package consisting of a 3.6% APR compounded monthly for a term of
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Suppose you want to buy a car. The dealer offers a financing package consisting of a 3.6% APR compounded monthly for a term of
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Suppose you want to buy a car. The dealer offers a financing package consisting ofa 3.6% APR compounded monthly for a term of
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2. asked by Britney
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Suppose that you have a $400,000 commercial mortgage with a 6.3% APR and a 25 year amortization period. Further, suppose that
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2. asked by Gary
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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down.
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2. asked by apryl
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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down.
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2. asked by shirley
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