14 Answered Questions for the topic Monthly Payment

Monthly Payment

02/18/18

what is the monthly payment for $63000 at an apr of 4% compounded monthly for 10 years?
what is the monthly payment for $63000 at an apr of 4% compounded monthly for 10 years?
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Monthly Payment

08/22/17

Club A offers membership for a fee of $20 plus a monthly fee of $25. Club B offers membership for a fee of $11 plus a monthly fee of $26.
After how many months will the total cost of each health club be the same? What will be the total cost for each club?
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Monthly Payment

07/01/17

Monthly payment
Sheds R Us sells $300 sheds on a monthly payment plan over 2 years.   a) If the interest rate is 1.25% per month, find the monthly payment?   b) If instead the interest rate is 1.5% per month,... more
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Monthly Payment

07/01/17

Monthly payment
Stereo Inc. sells a stereo system for $200 down and monthly payments of $70 for the next 3 years. If the interest rate is 1.25% per month, find:   a) The cost of the stereo?   b) The total... more
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Monthly Payment

03/05/17

monthly payment
Am ice cream store sells for $125000 and a $40000 down payment is made. A 25-year mortgage at 7.5 is obtained. Find the monthly payment?
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Monthly Payment Word Problem Math Help

12/10/16

How many dollars was Don's down payment?
y=90x+75   Don bought a sofa with 0% interest for the 1st 36 months. He makes a small down payment, and then he makes equal monthly payments until he pays off the sofa. The above equation models... more
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04/25/16

Whats the third payment?
You borrow $2000 from the bank at 1% annual interest compounded monthly. The monthly payment is $100. What is the balance after the third payment?
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Monthly Payment

03/29/16

see description for question
if you buy a computer directly from the manufacturer for 2448 and agree to repay it in 36 equal installments 1.62% interest per month on the unpaid balance, how much are your monthly payments?
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Monthly Payment

01/08/16

Find the number of months you must be a member to have the same cost for each cost.
Two different golf country clubs have the following membership fees and monthly costs. Ludwig's Fast 18 charges $100 membership fee and then $30 a month. Ocean Shore Country Club charges a $160... more
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Monthly Payment

12/11/15

when anthony starts work at age 22, he decides that he is going to put $350 away in a fund every month.
he expects the interest rate he can earn to be 7/6%. after 50 years of working, he retires. he takes the total value of his investment and invests it in a fund that earns 8.8%. he is going to... more
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11/10/15

I need help! I've been stuck on this one problem for hours D:
Matt plans to lease a 2009 dodge Dakota pick- up truck 4WD. The sales price of the truck is $25,000. The lease agreements states the following: Due at signing: $426.71 monthly payment 48 months:... more
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Monthly Payment

09/08/15

If something cost $650 and you pay $25 a week how long will it take to pay it off
I'm trying to rent2own a ps4
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Monthly Payment

08/19/14

How do I prepay?
How do i pre pay for lessons to get a discount?   Matthew
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Monthly Payment Algebra Installment Loan

08/12/13

For a certain installment loan, the monthly payment M is given by M = Pr(1 + r)t (1 + r)t - 1
where P is the original amount borrowed, r is the monthly interest rate as a decimal, and t is the number of months required to pay off the loan. What is the monthly payment if the monthly interest... more
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