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you can afford a $900 monthly mortgage payment with a 30 year loan of 6.1% interest. a. How big of a loan can you b.
you can afford a $900 monthly mortgage payment with a 30 year loan of 6.1% interest.
a. How big of a loan can you
b. How much total money will you pay the loan company?.
c. How much of that money is interest
You have a credit card that charges an interest rate of 17.65% compounded monthly. The table below shows your activity for the month of April. Date April 1 April 5 April 13 Payment April 15 Purchase April 19 Purchase April 22 Purchase April 30 Ending Balance Activity Beginning Balance Purchase Amount 43.40 -150.00 83.25 10.00 60.10 Balance 1,000.00 1,043.40 893.40 976.65 986.65 1,046.75 1,046.75 What is the average daily balance for this account? What is the finance charge for the month of April?
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