Phil can afford $240 a month for five years
WebA: Calculation of Payoff of the Loan:The payoff of the loan is $13,492.89Excel Spreadsheet: Q: Angela Montery has a five-year car loan for a Jeep Wrangler at an annual interest rate of 6.1% and a… A: In this question we require to compute the payoff on Angela's loan after 3 years from below details:…
Phil can afford $240 a month for five years
Did you know?
WebDouglas can afford $240 a month for five years for a car loan. If the APR is 8.5%, how much can he afford to borrow to purchase a car if he has $10,000 as a down payment? A) $21, … WebAfter five years, Andy and Barb will both have earned the same amount of interest. E. Andy will earn compound interest. 7. This afternoon, you deposited $1,000 into a retirement savings account. The account will compound interest at 6 percent annually. You will not withdraw any principal or interest until you retire in 40 years.
WebNov 22, 2024 · William can afford $240 a month for ve years for a carbon the interest rates... William can afford $240 a month for ve years for a carbon the interest rates 9.5 percent, how much can the afford to borrow to Burchase a car $11790.00 $12,340.0 $11.697.80 10400. Nov 22 2024 11:36 AM. WebOct 21, 2024 · Phil can afford $240 a month for five years for a car loan. If the interest rate is 8. 5 percent, how much can he afford to borrow to purchase a car?. See answer Advertisement BobbyCharlotte Unmet expectations, broken or damaged goods, and inappropriate health are the three most frequent reasons for purchase returns.
WebYO Phil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? Multiple Choice Ο … WebPhil can afford $180 a month for 5 years for a car loan. If the interest rate is 8.6 percent, how much can he afford to borrow to purchase a car? arrow_forward Sam can afford to spend $500 per month on a car. He figures he needs half of it …
WebOct 21, 2024 · Phil can afford $240 a month for five years for a car loan. If the interest rate is 8. 5 percent, how much can he afford to borrow to purchase a car?. See answer Advertisement pragyavermav1 Function Arguments? PV Rate 8.5%/12 = 0.007083333 Nper 5*12 = 60 Pmt -240 = -240 Fv= number Type= number = 11697.88383
WebQ: Phil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how… If the interest rate is 8.5 percent, how… A: Monthly payment (P) = $ 240 Interest rate = 8.5% Monthly interest rate (r) = 8.5%/12 =… the avant carmelWebPhil can afford $240 a month for five years for a car loan. Ifthe interest rate is 5.5 percent, how much can he afford to borrowto purchase a car? Posted 2 years ago. View Answer Q: Phil can afford $160 a month for 6 years for a car loan. ... the greatest showman mp3WebA young engineer wishes to buy a house but only can afford monthly payments of $500. Thirty-year loans are available at 6% interest compounded monthly. If she can make a $5,000 down ... From the ½% interest table n = 36 months = 6 years. 3-19 A $50,000 30-year loan with a nominal interest rate of 6% is to be repaid with payments of the greatest showman movie ratingWebOct 21, 2024 · Phil can afford $240 a month for five years for a car loan. If the interest rate is 8. 5 percent, Amount that Phil can borrow is $11697.88 to purchase a car. The amount a … the greatest showman movie onlineWebMar 29, 2024 · Answer: $24,952.65 Step-by-step explanation: Phil can afford $200 a month for 5 years for a car loan. if the interest rate is 7.5 percent. Loan formula: where, P is loan amount, P=? E is monthly payment, E=$500 n is payment mode, n=12 t is time, t=5 years r is rate of interest, r = 0.075 Substitute the value into formula and solve for P the avant east villageWebYou'll get a detailed solution from a subject matter expert that helps you learn core concepts. Question: Phil can afford $240 a month for five years for a car loan. If the interest rate is … the avantedge group ltdWebOct 21, 2024 · Phil can afford $240 a month for five years for a car loan. If the interest rate is 8. 5 percent, how much can he afford to borrow to purchase a car?. See answer … the greatest showman music videos