PLEASE HELP ASAP!!
On July 15 , when the prime rate was set at 5%, Canadian Footwear took out an operating loan from ClBC for $9,250.00 at prime plus 1.25%. The terms of the loan require a fixed payment of $1.750.00 on the 15 th of every month until the loan is repaid. The prime rate climbed by 0.75% on September 25. Complete the repayment schedule below by filling in the appropriate interest rates. made additional payments of $9,000.00 and $14,000.00 on April 11 and June 17 . The interest rate on her HELOC sits at prime plus 1.75%. On March 1 , the prime rate was 4.25%. On April 22, it rose by 0.5%. Complete the repayment schedule below by filling in the appropriate numbers of days: (Give all "Number of Days" quantities as fractions with denominator 365 .) Everlyne has a personal LOC with her bank with a maximum credit limit of $12,000.00. The interest rate is prime plus 1.5%, and the current prime rate is 4%. Regardless of any account transaction activity, her bank requires on the first of every month for her to pay the greater of 5% of the current balance or $100 from her checking account. She is allowed to exceed her maximum credit limit, but if she does the entire balance is subject to 25% interest until such time as the balance is restored below the credit limit. On October 1 , the opening balance on her LOC was $2,100.00. She took advances of $5,000.00,$4,400.00, and $4,600.00 on October 18 , November 14 , and December 1, respectively. She made payments of $4,500.00,$4,900.00, and $4,600.00 on November 1. November 25, and December 10 , respectively. The prime rate decreased by 0.25% on November 5 . Complete the repayment schedule below by filling in the interest charges for October, November, and Decomber. Scotiabank approved a $240,000.00 line of credit for Buhler Industries at prime +1%. It requires only the repayment of accrued interest on the 27 th of each month, which is automatically deducted from the checking account of Buhler Industries. Buhler took out an advance on December 4 for $205,000.00 and made a payment of $155,000.00 on January 17 . The prime rate was 5.25% initially and increased to 6% on January 7 Complete the repayment schedule below by filling in the payment and principal amounts. Gayle has a HELOC with MCAP Financial Corporation at an interest rate of prime +2.25%. Her current balance owing on November 1 is $13,250.00 and she is required to make interest-only payments on the first of every month. The prime rate is set at 3.5%. She make.5. one payment of $2,750.00 on January 19. Create three months of her repayment schedule. (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, " $149.63.) (Give all "Number of Days" quantities as fractions with denominator 365 .) A $7,550.00 demand loan was taken out on March 4 at a fixed interest rate of 7.8% with fixed monthly payments of $1,230.00. The first monthly payment is due April 4 and the 4 th of every month thereafter. Prepare a full repayment schedule for the loan, (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, "-\$149.63") (Give all "Number of Days" quantities as fractions with denominator 365.) of every month, the accrued interest must be paid. On July 8 and August 14 , the company made advances of $14,500.00 and $14,000.00, respectively. On July 30 , it made a payment of $9,500.00. Vertical Adventures will restore its zero balance on August 31. Construct a full repayment schedule from July 8 to August 31 . (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, " $149.63 ), (Give all "Number of Days" quantities as fractions with denominator 365.) commerce degree from the Asper School of Business and her last day of exams was April 20. Her total student loan is $45,000,00. She has decided to take her six-month grace period and convert it to principal, then start making payments of $300.00 per month using the variable interest rate of prime +2.5%. The prime rate at the start of the grace period was 4.5%, after which it increased by 0.25% on August 13. Complete the table below to determine the total principal Rufaro will owe at the end of the grace period. (Give all "Number of Days" quantities as fractions with denominator 365 ) Total simple interest charged during grace period: Total principal at end of grace period: on her student loan. Create the first four repayments of her repayment schedule. Calculate the total interest charged for both the grace period and the four payments combined. Assume February does not involve a leap year. (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, "5149,63.) (Give all "Number of Days" quantities as fractions with denominator 365.) Total combined interest charged for grace poriod and first four months: Amarjeet graduated from the University of Calgary on May 2 and has student loans totalling $37,000.00. The prime rate upon graduation was 4.5%. He has decided to pay in full the interest charged during the grace period (i.e., he is not converting it to principal) before starting monthly payments of $625.00 at the fixed interest rate. Complete the table below, including calculations for the grace period and the first three months of his repayment schedule. (Round all monetary values to the nearest penny) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, " 5149.63 ) (Give all "Number of Days" quantities as fractions with denominator 365.) On July 15 , when the prime rate was set at 5%, Canadian Footwear took out an operating loan from ClBC for $9,250.00 at prime plus 1.25%. The terms of the loan require a fixed payment of $1.750.00 on the 15 th of every month until the loan is repaid. The prime rate climbed by 0.75% on September 25. Complete the repayment schedule below by filling in the appropriate interest rates. made additional payments of $9,000.00 and $14,000.00 on April 11 and June 17 . The interest rate on her HELOC sits at prime plus 1.75%. On March 1 , the prime rate was 4.25%. On April 22, it rose by 0.5%. Complete the repayment schedule below by filling in the appropriate numbers of days: (Give all "Number of Days" quantities as fractions with denominator 365 .) Everlyne has a personal LOC with her bank with a maximum credit limit of $12,000.00. The interest rate is prime plus 1.5%, and the current prime rate is 4%. Regardless of any account transaction activity, her bank requires on the first of every month for her to pay the greater of 5% of the current balance or $100 from her checking account. She is allowed to exceed her maximum credit limit, but if she does the entire balance is subject to 25% interest until such time as the balance is restored below the credit limit. On October 1 , the opening balance on her LOC was $2,100.00. She took advances of $5,000.00,$4,400.00, and $4,600.00 on October 18 , November 14 , and December 1, respectively. She made payments of $4,500.00,$4,900.00, and $4,600.00 on November 1. November 25, and December 10 , respectively. The prime rate decreased by 0.25% on November 5 . Complete the repayment schedule below by filling in the interest charges for October, November, and Decomber. Scotiabank approved a $240,000.00 line of credit for Buhler Industries at prime +1%. It requires only the repayment of accrued interest on the 27 th of each month, which is automatically deducted from the checking account of Buhler Industries. Buhler took out an advance on December 4 for $205,000.00 and made a payment of $155,000.00 on January 17 . The prime rate was 5.25% initially and increased to 6% on January 7 Complete the repayment schedule below by filling in the payment and principal amounts. Gayle has a HELOC with MCAP Financial Corporation at an interest rate of prime +2.25%. Her current balance owing on November 1 is $13,250.00 and she is required to make interest-only payments on the first of every month. The prime rate is set at 3.5%. She make.5. one payment of $2,750.00 on January 19. Create three months of her repayment schedule. (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, " $149.63.) (Give all "Number of Days" quantities as fractions with denominator 365 .) A $7,550.00 demand loan was taken out on March 4 at a fixed interest rate of 7.8% with fixed monthly payments of $1,230.00. The first monthly payment is due April 4 and the 4 th of every month thereafter. Prepare a full repayment schedule for the loan, (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, "-\$149.63") (Give all "Number of Days" quantities as fractions with denominator 365.) of every month, the accrued interest must be paid. On July 8 and August 14 , the company made advances of $14,500.00 and $14,000.00, respectively. On July 30 , it made a payment of $9,500.00. Vertical Adventures will restore its zero balance on August 31. Construct a full repayment schedule from July 8 to August 31 . (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, " $149.63 ), (Give all "Number of Days" quantities as fractions with denominator 365.) commerce degree from the Asper School of Business and her last day of exams was April 20. Her total student loan is $45,000,00. She has decided to take her six-month grace period and convert it to principal, then start making payments of $300.00 per month using the variable interest rate of prime +2.5%. The prime rate at the start of the grace period was 4.5%, after which it increased by 0.25% on August 13. Complete the table below to determine the total principal Rufaro will owe at the end of the grace period. (Give all "Number of Days" quantities as fractions with denominator 365 ) Total simple interest charged during grace period: Total principal at end of grace period: on her student loan. Create the first four repayments of her repayment schedule. Calculate the total interest charged for both the grace period and the four payments combined. Assume February does not involve a leap year. (Round all monetary values to the nearest penny.) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, "5149,63.) (Give all "Number of Days" quantities as fractions with denominator 365.) Total combined interest charged for grace poriod and first four months: Amarjeet graduated from the University of Calgary on May 2 and has student loans totalling $37,000.00. The prime rate upon graduation was 4.5%. He has decided to pay in full the interest charged during the grace period (i.e., he is not converting it to principal) before starting monthly payments of $625.00 at the fixed interest rate. Complete the table below, including calculations for the grace period and the first three months of his repayment schedule. (Round all monetary values to the nearest penny) (Use a minus sign before the dollar sign to denote a negative monetary value. For example, " 5149.63 ) (Give all "Number of Days" quantities as fractions with denominator 365.)
