payments of $196 each related questions

- 1Cassandra is repaying an installment loan of $3,500 with 20 equal monthly payments of$196 each
Cassandra is repaying an installment loan of $3,500 with 20 equal monthly payments of$196 each. What is the annual percentage rate of the loan?

- 2Cassandra is repaying an installment loan of $3,500 with 20 equal monthlypayments of $196 each
Cassandra is repaying an installment loan of $3,500 with 20 equal monthlypayments of $196 each. what is the annual percentage rate of the loan?

- 3Cassandra is repaying an installment loan of $3500 with 20 equal monthly payments of $196 each
Cassandra is repaying an installment loan of $3500 with 20 equal monthly payments of $196 each. What is the annual percentage rate of the loan?

- 4Cassandra is repaying an installment loan of 3,500 with 20 equal payments of 196.00 each
Cassandra is repaying an installment loan of 3,500 with 20 equal payments of 196.00 each.What is the annual percentage rate of the loan?A. 7.55%B.11.16%c 12%d.13.25%

- 5please help me thanks :)Paul needs to repay a loan(installment loan) of $3,500 with 20 equal monthly payments of $196 each
please help me thanks :)Paul needs to repay a loan(installment loan) of $3,500 with 20 equal monthly payments of $196 each. What is the APR of the laon?I got 11.16% then I got 12 % so I don't know

- 6a loan of $8,000 is to be repaid with monthly payments for 3 years at 12% interest compounded monthly-what is are the monthly payments
a loan of $8,000 is to be repaid with monthly payments for 3 years at 12% interest compounded monthly-what is are the monthly payments?

- 7John borowed 12,000 and agreed to repay the loan in six equal monthly payments plus interest of 1.5% per month on the unpaid balance
John borowed 12,000 and agreed to repay the loan in six equal monthly payments plus interest of 1.5% per month on the unpaid balance. What is his total payment for the third month?

- 8a loan of $8,000 is to be repaid with monthly payments for 3 years at 12% interest compounded monthly-what is the monthly payment
a loan of $8,000 is to be repaid with monthly payments for 3 years at 12% interest compounded monthly-what is the monthly payment?

- 9Calculate the duration of a one-year fixed payments loan with monthly payments of $150 and yield to maturity of 12%
Calculate the duration of a one-year fixed payments loan with monthly payments of $150 and yield to maturity of 12%. Use this number to determine the % change in the price of this loan if interest rates increase to 14%.

- 10Complete the following, assuming monthly payments as given
Interest rate - 6.98% Home Mortgage - $ 100,000 Time of loan 360 months Monthly payment - $ 663.96
Complete the following, assuming monthly payments as given Interest rate - 6.98% Home Mortgage - $ 100,000 Time of loan 360 months Monthly payment - $ 663.96. Find princial after the first payment and payment after second payment. I'm lost need a breakdown. Thanks

- 11Complete the following, assuming monthly payments as given
Interest rate - 6.98% Home Mortgage - $ 100,000 Time of loan 360 months Monthly payment - $ 663.96
Complete the following, assuming monthly payments as given Interest rate - 6.98% Home Mortgage - $ 100,000 Time of loan 360 months Monthly payment - $ 663.96. Find princial after the first payment and princial after second payment. I'm lost need a breakdown. Thanks

- 12A $9,000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan
A $9,000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan. Calculate the size of these payments if the interest rate on the loan is 7 1/4%. Use the loan date as the focal date.