Solved: Susan duke borrowed 20000 for four years to purchase a car, Mathematics

+44 141 628 6080
[email protected]

Susan duke borrowed 20000 for four years to purchase a car

Question: 1. Susan Duke borrowed $20,000 for four years to purchase a car. The simple interest loan has a rate of 8.2% per year. What is the maturity value of the loan?

2. Alexa May took out a $42,000 construction loan to remodel a house. The loan rate is 8.3% simple interest per year and will be repaid in six months. How much is paid back?

Solution Preview :

Prepared by a verified Expert

Mathematics: Susan duke borrowed 20000 for four years to purchase a car

Reference No:- TGS02418502

Now Priced at $15 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Mathematics

Q : Find the interest paid on a loan of 800 at 812 annual

question 1 find the interest paid on a loan of 2400 for one year at a 2 simple interest rate of 11 per year2 find the

Q : Determine the just-cause standards you should verify before

case study scenarios worksheetanswer the following for the corresponding case study scenario each scenario should be

Q : Find the total amount of money maturity value that the

question find the total amount of money maturity value that the borrower will pay back on a loan of 1400 at annual

Q : Summarize apples supplier responsibility information

part 1in four to six 4-6 pageslist specific changes that apple has made to its code of conduct in recent years provide

Q : Susan duke borrowed 20000 for four years to purchase a car

question 1 susan duke borrowed 20000 for four years to purchase a car the simple interest loan has a rate of 82 per

Q : To what use are official reserves typically put by central

1 to what use are official reserves typically put by central banksa making up surpluses or deficits to arrive at the

Q : What is the relationship between employee training and

please answer each question with at least 75 to 100 words and answer them all 1 why is organizational self-assessment

Q : How does over-the-counter otc trading differ from trading

how does over-the-counter otc trading differ from trading on an organized exchange i requirements for trading otc are

Q : What did the various courts hold andor find what was the

united states v microsoft corporationunited states court of appeals for the district of columbia circuit 253 f3d 34

1948925

Questions
Asked

3,689

Active Tutors

1453391

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Explain the meaning of the sacrificial lamb

After reading through Exodus chapters 12 and 13, try to explain the meaning of the sacrificial lamb in the dinner and the meaning

Providing care that respects others spiritual and religious

Providing care that respects others' spiritual and religious beliefs and practices requires self-awareness of one's own core beliefs and practices.

How everyones life is deemed valuable to god

Because everyone's life is deemed valuable to God, the choice of suicide or euthanasia contradicts this and is therefore considered sin

Are there any of the objections to the teaching of catholic

Are there any of the objections to the teaching of the Catholic Church that Austriaco describes and rebuts on pp. 108-113?

What are your thoughts on the health message

Watch Tell the World Episode 6 on YouTube, Review of Final Episode and Verses on Health and Diet Lev 11, Gen 1, Quotes from EGW Email

What does scripture tell us about gods view of people

Q1. What does Scripture tell us about God's view of people? Q2. How should God's view of His children affect our teaching?

Can religion offer a good answer to the question

Question: Can religion offer a good answer to the question of the meaning of life?