Use a Mortgage Loan Calculator When Comparing a Modification Loan …
Here are 3 common scenarios where using a mortgage calculator can help you decide what to do … 1. Should I Refinance? First, determine your main goal. For. read more…
Credit Loan Calculator: Home Mortgage Loan Rates: Home Mortgage …
Different Types Of Mortgage Loan | Bad Credit Blog. There are three types of mortgage loan available in the market right now. It includes fixed mortgage loans, convertible loans and special mortgage loans.Loan news by William M. Davis . … read more…
Use a Mortgage Loan Calculator When Comparing a Modification Loan …
Use a Mortgage Loan Calculator When Comparing a Modification Loan Or Refinance Loan Mortgage Rate. read more…
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Pounds till Payday, the Best Loan to Bridge you from any Financial Gap
Financial problems occur as frequently as they are unwanted and anybody can find themselves in very difficult financial hurdles. This becomes very discomforting especially when you don?t know where to… read more…
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Open Question: Please help 3 math questions.?
Jamal found a $ 1,089 computer on sale at 40% off because it was a “discontinued” model. The store will let him pay for it over 6 months with no interest charge. How much will each monthly payment be to cover the discounted price plus 7% sales tax?
What is a simple interest on a four-year loan of $4,500 at 8 1/2?
Kendra borrowed $1,025 to pay medical expenses. The loan is for 6 months at 12% simple interest. Use a calculator to find the total amount due on the loan.
Open Question: Please help with 3 math questions. 10 points?
Jamal found a $ 1,089 computer on sale at 40% off because it was a “discontinued” model. The store will let him pay for it over 6 months with no interest charge. How much will each monthly payment be to cover the discounted price plus 7% sales tax?
What is a simple interest on a four-year loan of $4,500 at 8 1/2?
Kendra borrowed $1,025 to pay medical expenses. The loan is for 6 months at 12% simple interest. Use a calculator to find the total amount due on the loan.
Open Question: Finance Math Problems…?
I used the calculator to get these answers…! please help if possible.
FINANCE
1. Find the monthly payment to the nearest dollar for car loan of $22000 $ 4.5% interest for 5 years.
ANSWER – $648.43
2. You decide to start a 401K for retirement. You place $40 a week into account that averages 12% return. what will it be worth in 35 years?
ANSWER – $1796600
3. Using the info and results in problem #2, how much money at end of 35 years was interest earned on your investment?
ANSWER – $1723800
4. An investment currently has value of $25,000. Assuming it increases in value at 18% a year, how long will it take to double in value?
ANSWER – 5 years ( I just guessed this one )
These were the questions that I missed… I think I missed #1 because I didn’t round to nearest dollar… but I have NO IDEA how I got the other 3 wrong. Help is appreciated!!
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