Mathematics
Mathematics, 14.10.2019 20:40, ChasityN8491

Janet borrowed $5,500 from the bank at an interest rate of 7.5% for one year assuming she pays it back on time how much interest will she pay

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Mathematics, 04.07.2019 11:30, heyyyyy39
Enrique borrowed $23,500 to buy a car. he pays his uncle 2% interest on the $4,500 he borrowed from him, and he pays the bank 11.5% interest on the rest. what average interest rate does he pay on the total $23,500? (round your answer to the nearest tenth of a percent.)
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Business, 09.07.2019 23:10, nscarlisleh13
Which of the following statements is correct, assuming positive interest rates and holding other things constant? a. a bank loan's nominal interest rate will always be equal to or greater than its effective annual rate. b. a 30-year, $150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage. c. if an investment pays 10% interest, compounded quarterly, its effective annual rate will be greater than 10%. d. the present value of a 5-year, $250 annuity due will be lower than the pv of a similar ordinary annuity. e. banks a and b offer the same nominal annual rate of interest, but a pays interest quarterly and b pays semiannually. deposits in bank b will provide the higher future value if you leave your funds on deposit.
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Business, 22.07.2019 19:00, gujaratif932
If you invest $100 today in a bank account that pays a one time interest at the end of each year (you leave the interest you collect from the bank from the first year in the bank to collect interest during the second year). if you have $121 at the end of the second year what is the interest rate the bank pays each year on your account. show your work.
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Business, 02.11.2019 06:31, chippedwood24
Janet home went to citizen bank. she borrowed $7,000 at a rate of 8%. the date of the loan was september 20. janet hoped to repay the loan on january 20. assuming the loan is based on ordinary interest, janet will pay back how much interest on january 20?
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