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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
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Matt
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Find c and I. Choose the right answers.
Hint: c = total of payments - amount financed Amount Financed (m) = $3,500 Number of
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sarah
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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
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Mark
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OMG I CAN NOT get this !!!!
Purchase price of article = $495 Down payment = $50 Number of payments = 36 True annual interest rate
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sarah
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Mrs. Smith borrowed $20,000 from Last National Bank. She will repay the loan with 5 annual payments and her interest rate is
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Mary
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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
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Ms. Sue
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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
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kim
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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
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liluu
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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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Shelly
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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
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crash
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