Mathematics

Mathematics, 31.08.2019 06:10, Mypasswordishotdog11

Frank took out a five-year loan of $48,000 with an annual interest rate of 5%. calculate his monthly payment

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Mathematics, 24.06.2019 14:30, israel8471

Frank took out a five-year loan of $48,000 with an annual interest rate of 5%. calculate his monthly payment. $1,000 $4,800 $589 $1,230

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Mathematics, 24.06.2019 15:30, vale343

If the annual interest rate is 12%, what is the monthly interest rate? a. 1% b. 1.2% c. 12% d. 144% calculate the monthly payment for a $2,500 loan at 10% annual interest for two years. use the formula, m = pm(1+m)^na/(1+m)^na-1 a. $85.15 b. $115.40 c. $125.72 d. $138.48 calculate the total payback for a $2,500 loan at 10% annual interest for two years. use the formula, m = pm(1+m)^na/(1+m)^na-1 as needed. a. $1,021.80 b. $2,043.60 c. $1,384.80 d. $2,769.60 oliva buys a 5-piece living room set from a furniture store offering 0% interest for 9 months. calculate the average monthly payment she should make to avoid paying deferred interest charges for the $4,999 set. a. $277.72 b. $416.58 c. $555.44 d. $833.17 alice wants to use the stack method to pay down her debts listed in the table below. if she applies an extra $150 a month to her debts, what will be the first debt she targets to pay off and what will be the monthly amount she applies to it? debts interest rate minimum monthly payment debt 1 5.5% $75 debt 2 2.75% $250 debt 3 13.25% $150 a. debt 2, $400 b. debt 2, $150 c. debt 3, $300 d. debt 3, $400

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Computers and Technology, 27.08.2019 03:20, livleluve76

Program specification: this project involves implementing a java program that performs a calculation of payments associated with loans. the program shall allow a user to enter the following data: annual interest rate the loan (i.e. , number of years), and the loan amount. a gui like the one below must be used. loan calculator annual interest rate: number of years loan amount: monthly payment total payment calculate when the user presses the calculate button, the monthly payment and total amount of payments shall be displayed. the formula for computing the monthly payment (p) is: i a where i - periodic interest rate, a amount of loan, n number of compounding periods (12). for example, if the annual interest rate is 5 percent, the term of the loan is 2 years, and th loan amount is $2,000, and interest is compounded monthly: ·05/12+ .00417 n = 2 * 12 = 24 p = s87.74 total payment : 24 * $87.74

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Mathematics, 15.10.2019 15:50, helpmepls23

Frank took out a five-year loan of $48,000 with an annual interest rate of 5%. calculate his monthly payment. $1,000 $4,800 $589 $1,230

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