the loan amount $750.00 @ 6% rate for 135 days. what would the interest be.
the total amount on a loan of 6,000 for 150 days is 210.50. using the ordinary interest metnod. what is the rate on this loan? rounded to nearest hundredeth.
The tooal amount of interest on a loan of 6,000 for 150 days is 210.50.using the ordinary interest(360 days)method,what is the rate of interest on the loan.Round off answer to the nearest hundredth.I think it is 8.42%Darrell owns a consulting business and has an estimated annual income of 63,000.His Social Security tax is 12.4%,Medicare is 2.9%,and his estimated federal income tax rate is 22%.How much quarterly estimated tax must Darrell send to the IRS for the first quarter?I have 5,874.75Could someone check these to see if I am right.
The total amount of interest on a loan of $6,000 for 150 days is $210.50. Using the ordinary interest method, what is the rate of interest on this loan? Round to the nearest hundredth.
the total amount of interest on this loan of $6000 for 150 days is $210.50. what is the rate of interest on this loan?If not compounded, or simple interest, then Interest=Principal(rateinterest)*time Here time is 5/12 of a year, you are given the interest and principle. Figure the rate of interest.
Loan #1Year Amount owed1 $37962 $39423 $4088Loan # 2Year Amount owed1 $977.532 $1036.183 1098.35For loan #1 is simple interest. Loan #2 is compound interestHow much was each loan originallyDetermine the future value of each loan after 10 years
Jill Ley took out a loan to pay for her child's education for $60,000 the loan wouls be repaid at the end of 8 years in one payment with an interest of 6 percent the total amount Jill has to pay back at the end of the loan is.
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.
Calculate the amount of interest on a loan of $3,200 at 6% interest for 60 days using theordinary interest method.A. $3.16 C. $32.00B. $31.56 D. $384.003200x6% divided by 60=32.00is this correct
When a bank borrows 550,000 from the FED snd received s short-term ajustment credit for 3 days with the loan promised to be paid on the 6th day how much total reserves would rise with this loan.
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 shorter period of time for the loan, the less you'll pay in interest, but the monthly payments will be higher.What factors are the most important when considering a loan for purchasing a new car? For starters i know that its the individiual credit if one has good credit they don't have to pay as high interest rates if one has bad credit the interest are very high. I don't know what else would be important?
1,500 personal loan, bank is going to charge a fee of 2% of loan amount as well as take out the interest upfront. The bank is offering 15% APR for six months. Calculate the effective interest rate.