Dr Nick

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About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 340 Weeks Ago, 4 Days Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 20 Sep 2017 My Price 13.00

Find the monthly interest rate.

1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

Find the installment price of a table bought on the installment plan with a down payment of $30 and 6 payments of $51.12.

 

2. Find the monthly interest rate.

What is the monthly interest rate if an annual rate is 17.5%?

Solve the problem.

3. Find the amount financed on a TV with a cash price $430.00 and a down payment of $86.00.

Solve the problem.

4. Find the amount financed if a $25 down payment is made on a camera with a cash price of $260

Solve the problem.

5. Find the installment price of a laptop computer bought on the installment plan with $90 down and 36 payments of $33.05.

Solve the problem.

6. A mountain bike has a cash price of $690.00. Eric purchases the bike by making a down payment of $69.00 and 24 payments of $38.74. Find the finance charge.

Solve the problem.

7. The installment price of a watch is $310.74 with 6 monthly payments and a down payment of $30. Find the monthly payment.

Solve the problem.

8. The installment price of a food processor is $379.48 with 18 monthly payments and a down payment of $40. Find the monthly payment.

Answers

Dr Nick
(4)
Status NEW Posted 20 Sep 2017 08:09 AM My Price 13.00

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