Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

Q: Find the balance on an account if you invest $ 1,758 at 3.4% for 22 years using simple interest.

A: Given:P The amount invested is $1758 at interest rate 3.4% for 22 years. To find : The balance in…

Q: Your roommate asks to borrow $500 and agrees to pay it in 45 days with interest rate of 4%. How much…

A: Given  : P = Principal value = $500 r = Interest rate = 4% =0.04 t = time in years = 45365

Q: Find the discount if $2,000 is discounted for 6 months at 8% discount rate.

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Q: 9000 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the…

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Q: Miguel purchased a hot tub costing $5,010 by taking out an installment loan. He made a down payment…

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 2.6%, t = 22 days

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Q: You decide to deposit $290 each month into the retirement fund, and retire when you can afford to…

A: Introduction: One of the fundamental mathematical operations is division, which involves breaking a…

Q: A vehicle purchased for $25,000 depreciates at a constant rate of 9% per year. Determine the…

A: To find : Approximate value of the vehicle 12 years after purchase .

Q: You borrow $5000 now and agree to pay this whole amount back in three payments: OW

A: Given, you borrow $5000  now and agree to pay this whole amount back in three payments:Payment 1. $X…

Q: Hui purchased a 91-day T-Bill that has a face value of $1000 and an interest rate of 4.00% p.a. a.…

A: Given, Interest Rate R=4.00%=0.04 Face Value = $1000 91 days T-bill

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 5.2%, t = 17 days

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Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

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Q: A college student borrows 6200 for nine months to pay for a semester of school if the interest is…

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Q: peso fund that pays 1% interest compounded annually. How much should he deposit if he wants to have…

A: Use compound interest formula

Q: You take out a 50-day single-payment loan for $910 with an interest rate of 19%. Find the amount of…

A: using :- simple interest = P×R×T

Q: Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded…

A: Topic = Algebra    Formula for compound interestA=P1+rnntA=Final amountP=Principalt=timer=interest…

Q: and 6 months,

A: Introduction: Simple interest could be a fast and straightforward technique of calculative interest…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 7.5%, t = 23 days

A: Given P=4000$ r=7.5% t=23 days We know that simple interest I=P×R×N100 N=23365 Therefore,…

Q: Determine the simple interest. p=587, r=0.045% per day, t=2 months

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Q: takes the loan for a year, what will be his monthly payment to the nearest penny to repay the loan…

A: The datas given in the question are  Principal=$450 Interest rate=9.9 Time period=1 year

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 5.50%, t = 4 months…

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Q: The interest rate on an $859.50 debt was 104%. For how many months was the loan outstanding if it…

A: Given: The interest rate on an $859.50 debt was 1014%. Find for how many months was the loan…

Q: Sammy borrowed $10,000 to purchase a new car at an annual interest rate of 11%. She is to pay it…

A: Given query is to find the the total interest paid in 5 years.

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 4.25%, t = 6 months

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Q: A typical credit card charges 18.99%. Find the interest owed on a credit card with a balance of $372…

A: We will use simple interest formula to solve this

Q: Jerry takes out a 30-year mortgage for $190,000.00 to buy a condo. His monthly mortgage payment is…

A: The total amount taken to buy a condo is $190,000 for mortgage of 30-years which mean 360=30×12…

Q: Jake borrows $2,500 at an interest rate of 15% a year. If he repays the loan in 2 years, how much…

A: Assuming the simple interest, Interest = PRT/100 Where P= principal R = rate T = time

Q: 1800 dollars is invested at an the end of 5 years for the follo Annual: $ Somianpual:

A: As per the bartleby guidelines for more than one question only one has to be solved . Please upload…

Q: Dobby borrowed $5,000 to start a foundation for recently freed house elves. If he pays the money…

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Q: oaquin pawns his favorite watch for a loan of​ $120. After 30​ days, he buys his watch back for​…

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Q: A friend lends you $490, which you agree to repay with 7% interest. How much will you have to repay?…

A: Solution

Q: Michelle invests in a savings account that pays 8% interest compounded monthly. What is the APY for…

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Q: Find the simple interest owed if $680 is borrowed at 3.1% for 5 years.

A: The amount borrowed is $680. The rate of interest is 3.1%. The period for which the amount is…

Q: A loan company charges $50 interest for a one month loan of $1000. Find the annual interest rate…

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Q: The finance charge that a student pays on his credit card is 18.4% APR (annual percentage rate).…

A: As per given by the question, there are average balance for the year is $5000 with 18.4%ARP. Now,…

Q: Goran borrowed $5000 from a lender that charged simple interest at an annual rate of 9%. When Goran…

A: Solution ) P = $5000,  R = 9% , SI = $2250 formula  Simple interest = ( P × R × T) /100…

Q: A man deposit 90,000 in a saving bank for 5 months. If the interest amount to 1,875, find the rate…

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Q: Discount 1000 for 9 months and find the discount.  At 5% simple interest At 5% simple discount

A: Here P=1000, t=9 month=912=34year r=5%=0.05 simple interest. d=0.05 simple discount.

Q: A car is purchased for $16,500. After each year, the resale value decreases by 20%. What will the…

A: The principle amount is 16500, the rate of interest is -20% per annum and the number of years is 4.…

Q: Discount $1,000 for 9 months and find the discount. at 5% simple interest and at 5% simple discount

A: Given the principal amount P = $1000. The time period t = 9 months = 912 years. Simple interest rate…

Q: Find the interest and amount on P 800 at 6 ½% simple interest for 9 months

A: It is required to find the interest and final amount after 9 months.

Q: . How much money will the customer have in the account after 5 years?

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Q: Find the interest paid by veronica on P35,000 that she borrowed for 2 years at 15% simple interest.

A: Given: P=$15000t=2 yrsr=15%

Q: A person collected $2,100 on a loan $1,800 they made 4 years ago. If the person charged simple…

A: We have formula for simple interest

Q: Calculate the amount of simple interest earned. Round to the nearest dollar. $2000 at 9% interest…

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Q: nd the savings plan balance after 3 years with an APR of 4% and monthly deposits of $400

A: Given that: Monthly deposit = $400 Time = 3 years APR = 4% To determine the balance after 3 years.

Q: John opened a savings account with $900 and was payed simple intrest at an anual rate of 5%. When…

A: Given that the initial payment is =P= $900 Interest rate= r= 5%= 0.05  time=t= ? Interest = I= $135…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $3000, r = 4.8%, t = 19 days

A: P = $3000  r = 4.8%,  t = 19 days t=19365=0.052 year simple interest=I I=prt…

Q: Find the amount in the account at the end of 8 years.

A: