Ask a New Question

Amount: $100,000 Rate: 7% Payments:

The amount desired in a sinking fund is given. Find the periodic payments required to obtain the desired amount.A = $75,000, the
1. 1 answer
2. asked by Matt
3. 472 views
Find c and I. Choose the right answers.Hint: c = total of payments - amount financed Amount Financed (m) = $3,500 Number of
1. 2 answers
2. asked by sarah
3. 2,092 views
Josh borrows some money on which he makes monthly payments of $125.43 for 3 years. If the interest rate is 5.4%/a compounded
1. 0 answers
2. asked by Mark
3. 877 views
OMG I CAN NOT get this !!!!Purchase price of article = $495 Down payment = $50 Number of payments = 36 True annual interest rate
1. 0 answers
2. asked by sarah
3. 899 views
Mrs. Smith borrowed $20,000 from Last National Bank. She will repay the loan with 5 annual payments and her interest rate is
1. 1 answer
2. asked by Mary
3. 1,420 views
You'd also need to know the interest rate, the amount of the monthly payments, and how long you'll have to pay off the loan. The
1. 0 answers
2. asked by Ms. Sue
3. 1,018 views
sean is buying a player for $315. interest free payment plan. pays $25 each month.a. how much will he owe after 1 payment? 2
1. 1 answer
2. asked by kim
3. 503 views
For the car loan described, give the following information.A car dealer will sell you the $16,850 car of your dreams for $3,290
1. 0 answers
2. asked by liluu
3. 370 views
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
1. 1 answer
2. asked by Shelly
3. 526 views
What is the payoff for a loan with monthly payments of $359.69, after 26 payments have been made, contract was for 3yrs. at an
1. 0 answers
2. asked by crash
3. 406 views