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Mr. Lopez borrows $290,000.00 that at 4.7% interest, compounded monthly. He will make payments monthly in the amount of
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Mr. Hobbs was just about to take out a home mortage of $120,000 for 20 yrs at the rate of 10.0% compounded monthly. The monthly
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2. asked by Blaire
3. 1,049 views
Mr. Hobbs was just about to take out a home mortage of $120,000 for 20 yrs at the rate of 10.0% compounded monthly. The monthly
1. 2 answers
2. asked by Blaire
3. 507 views
Suppose your gross monthly income is $5,200 and your current monthly payments are $625. If the bank will allow you to pay up to
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2. asked by Darlene
3. 534 views
You are the financial manager at Best Buy where a certain TV set is normally sold for $2,500 and the full purchase price is
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2. asked by Nancy
3. 2,418 views
Kate bought a new car priced at $21,300 with 15% down and the balance in equal payments over 4 years at 7% compounded monthly.
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2. asked by Daniel
3. 555 views
I am borrowing $ 10,000 for 5 years at 7% . Payments are made on a monthly basis and are determined using the add- on method. 1:
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2. asked by Joyce
3. 701 views
Jenny purchases a piano for rm 7000. She pays down payment of rm 2000 and agrees to pay the balance in 15 equal monthly
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2. asked by Muhammad nur ikhwan
3. 707 views
find the amount of an annuity that consists of 22 monthly payments of $800 each into an account that pays 2% interest per year,
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2. asked by jessica
3. 505 views
You are looking at two loans for the same amount over the same length of time. Which is true about the loan with the lower
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2. 17 views