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philliesgirl23:
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 updated one year ago
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philliesgirl23:
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Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already paid when his ball…
 updated one year ago
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philliesgirl23:
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A bank advertises a 2/1 ARM at 3.25% with a 2/10 cap.
What is the maximum interest rate that can be charged during the fifth year?
…
 updated one year ago
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philliesgirl23:
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Artie is financing a condominium for $313,000. He gets a 30year, fixed rate mortgage with a rate of 5.275%. How much interest will he pay o…
 updated 6 months ago
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philliesgirl23:
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Lucy made 12 monthly payments of $28.54 with her credit card for a video game system she rented. She is charged a credit card fee of $4.25 f…
 updated one year ago
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philliesgirl23:
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Landon opened a savings account with a deposit of $3,786.45. Nine years later, the balance in the account is $5,135.29. If the interest rate…
 updated one year ago
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philliesgirl23:
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Taylor has a credit card with an interest rate of 24.5% compounded monthly that she must pay off in seven years. If her balance on the credi…
 updated one year ago
 1 reply
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philliesgirl23:
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Dylan was given a gift card for $100 to an online music store. Singles cost $0.99 and albums cost $9.99. Which of the following is a combina…
 updated one year ago
 3 replies
 2 Medals

philliesgirl23:
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Peyton has a credit card with an annual rate of 24.7% compounded monthly. She used the credit card to purchase cleaning supplies in the amou…
 updated one year ago
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philliesgirl23:
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Samuel has a balance on his credit card of $766. If the APR on the credit card is 20.43% compounded monthly, how much is he charged in inter…
 updated one year ago
 1 reply
 1 Medal

philliesgirl23:
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Karrie bought a refrigerator from a rental center for $989.47. She makes 12 monthly payments of $97.32 with her credit card. The rental cent…
 updated one year ago
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philliesgirl23:
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Samantha purchased a dining room set for $2,910 using a 12month deferred payment plan with an interest rate of 22.98%. She did not make any…
 updated one year ago
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philliesgirl23:
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Ferris purchased a car for $16,720. He made a down payment of $1,940. He applied for a fiveyear installment loan with an interest rate of 8…
 updated one year ago
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philliesgirl23:
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Joanna pays a flat rate of $74 for her cell phone and is charged $0.08 for every text she sends. Her goal is to spend no more than $96 on he…
 updated one year ago
 4 replies
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philliesgirl23:
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Isha has a previous balance of $493 on a credit card with a 16.3% APR compounded monthly. If she made a payment of $50 this month, what is t…
 updated one year ago
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philliesgirl23:
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Keith owes $4,512 on a credit card with a 17.3% interest rate compounded monthly. What is the monthly payment he should make in order to pay…
 updated one year ago
 1 reply
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philliesgirl23:
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Keith owes $4,512 on a credit card with a 17.3% interest rate compounded monthly. What is the monthly payment he should make in order to pay…
 updated one year ago
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philliesgirl23:
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Megan uses a credit card with a 24.9% APR compounded monthly to pay for car repairs totaling $583.75. She can pay $240 per month on the card…
 updated one year ago
 3 replies
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philliesgirl23:
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Keith owes $4,512 on a credit card with a 17.3% interest rate compounded monthly. What is the monthly payment he should make in order to pay…
 updated one year ago
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philliesgirl23:
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Keith owes $4,512 on a credit card with a 17.3% interest rate compounded monthly. What is the monthly payment he should make in order to pay…
 updated one year ago
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philliesgirl23:
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Dae opens a credit card with an APR of 19.49% compounded monthly. How much is charged in interest this month if her balance is $1250?
$…
 updated one year ago
 1 reply
 1 Medal

philliesgirl23:
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Crystal owes $8,950 on her Electronics Boutique credit card with a 18.4% interest rate. She owes $6,390 on her Miscellaneous Goods credit ca…
 updated one year ago
 1 reply
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philliesgirl23:
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Kate bought a washer from a rental center for $875.63. She makes 12 monthly payments of $88.38 with her credit card. The rental center charg…
 updated one year ago
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philliesgirl23:
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Sakura purchased ski equipment for $1,248 using a sixmonth deferred payment plan. The interest rate after the introductory period is 23.79%…
 updated one year ago
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philliesgirl23:
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Aaron purchased a living room set for $3,149 using an 18month deferred payment plan with an interest rate of 20.29%. What is the balance af…
 updated one year ago
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philliesgirl23:
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What is the formula for this problem?
Aaron purchased a living room set for $3,149 using an 18month deferred payment plan with an interest…
 updated one year ago
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philliesgirl23:
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Elliot is graduating from college in six months, but he will need a loan in the amount of $4,850 for his last semester. He may either receiv…
 updated one year ago
 1 reply
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philliesgirl23:
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Aaron purchased a living room set for $3,149 using an 18month deferred payment plan with an interest rate of 20.29%. What is the balance af…
 updated one year ago
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philliesgirl23:
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Addison earned a gross income of $42,750 last year. She made $537.56 in IRA contributions, donated $918 to her favorite charity and paid $1,…
 updated one year ago
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philliesgirl23:
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Gerald needs to purchase baseballs and bats for his youth baseball league. He’ll need at least 25 pieces of equipment, but he only has $615 …
 updated one year ago
 1 reply
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