Question
You want to buy a $28,500 car. The dealer is offering a 2.5% rate for 5 years. How much are your monthly payments? (Enter number
You want to buy a $28,500 car. The dealer is offering a 2.5% rate for 5 years. How much are your monthly payments? (Enter number only to two decimal places)
You have $500,000 in your retirement account earning 6.3% interest monthly. You want to take out monthly payments over 25 years. How much can you withdraw every month for 25 years? (Enter number only to two decimal places)
You want to send your newborn child to an Ivy League school when they turn 18. If it is projected that the school will cost $250,000 for four years. How much money do you need to put into an account monthly when it earns 9% interest? (Enter number only to two decimal places)
You purchased a CD at your bank for $15000. The CD will earn 2.25% interest monthly for 18 months. How much is the CD worth at the end of the 18 months? (Enter number only to two decimal places)
You have $4000 on a credit card earning 19.9% interest. What would your monthly payment be if you want to pay it off over 1 year? (Enter number only to two decimal places)
You want to buy a house that is $254,000. If you put 10% down, What is the mortgage amount? (Enter number only to two decimal places)
You want to buy a house that is $254,000, after a down payment of $34000, your mortgage will be $220,000? If you can get a 30 year mortgage at 4.1% interest, what would your mortgage payment be? (Enter number only to two decimal places)
You want to buy a house that is $254,000, after a down payment of $34000, your mortgage will be $220,000? If you can get a 15 year mortgage at 2.9% interest, what would your mortgage payment be? (Enter number only to two decimal places)
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