Suppose you want to start a business. If you can afford a payment of $167 per month and want to pay the loan off over the next 4 years, how much can you borrow now if the bank will charge you an annual percentage rate of 6% APR?

Suppose you want to buy a vacant lot to build your home for $14,710. If your bank is willing to loan you the money at a 7% APR over the next 7 years how much would be your monthly payment?

Suppose you are looking for a loan to buy a barn. If you can afford a payment of $491 per month and want to pay the loan off over the next 6 years, how much can you borrow, if the bank will charge you an interest rate of 5% APR?

Suppose you want to buy a RV for $19,794. If your bank is willing to loan you the money at a 6% APR over the next 10 years how much would be your monthly payment?