Question
You take out a home mortgage for $271,000 for 40 years. How much more total interest, in dollars, do you pay for a loan with
You take out a home mortgage for $271,000 for 40 years. How much more total interest, in dollars, do you pay for a loan with an annual percentage rate of 7% than for a loan with an annual percentage rate of 5%? Round your answer to the nearest cent.
You apply for a small business loan for $17,000 for 3 years If your credit score is 800 or greater, then the annual percentage rate is 4%. If your score is less than 800, then the rate is 6%. How much, in dollars, can you save per month by having a credit score of 800 or greater? Round your answer the nearest cent
You obtain a 60-day note from a bank for $5200. The loan takes place on November 20, and the costs include $73.38 for interest and $29.12 in other charges. How much. in dollars. is due at the end of 60 days?
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