menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
4. You plan to borrow $5001.00 now and repay it in 25 years as equal annual payments that will be made at the end of each year. If the annual interest rate is 35.00%, how much will your annual payments
asked
Oct 4, 2021
164k
views
2
votes
4. You plan to borrow $5001.00 now and repay it in 25 years as equal annual
payments that will be made at the end of each year. If the annual interest
rate is 35.00%, how much will your annual payments be?
SAT
college
ChristopheBrun
asked
by
ChristopheBrun
8.7k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
2
votes
Answer:
$70.014
Step-by-step explanation:
shh i calculated (;
LFLFM
answered
Oct 10, 2021
by
LFLFM
8.9k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Aug 14, 2020
116k
views
Laura Kennedy needs to borrow $5001 to pay for NBA season tickets for her family. She can borrow the amount from a finance company (at 5.9% add-on interest for 3 years) or from the credit union (36
Bruno Santos
asked
Aug 14, 2020
by
Bruno Santos
7.3k
points
Mathematics
high-school
1
answer
1
vote
116k
views
asked
Oct 13, 2021
188k
views
If you borrow $100,000 at an annual rate of 8.00% for a 10minusyearperiod and repay with 10 equal annual endminusofminustheminusyearpayments of $14,902.95, then you have just repaid what type of loan?
Karl Lopez
asked
Oct 13, 2021
by
Karl Lopez
8.2k
points
Business
college
1
answer
4
votes
188k
views
asked
Dec 6, 2019
86.7k
views
You take out a bank loan today for $6,000 . You will repay the loan with two equal payments in years 4 and 5 . If the loan interest rate is 5.00% compounded annually, how big are the payments?
Chris Holwerda
asked
Dec 6, 2019
by
Chris Holwerda
7.8k
points
Business
high-school
1
answer
4
votes
86.7k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
What negative impact might a major storm have on a barrier island?
A die is rolled. the set of equally likely outcomes is {1,2,3,4,5,6}. find the probability of getting a 6.
What happens after the Penn Foster online course? HELLLLLPPPPP
Who is the current president of Zambia?
If you had a microscope what kinds of things would you like to look at?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org