# Pre-Calculus: Phil bought a car by taking out a loan for $18,500 at .5% interest...? related questions

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Pre-Calculus: Phil bought a car by taking out a loan for $18,500 at .5% interest...? | 0 | !!!!Need help!!!! | 2012-09-05 13:30:03 |

Phil bought a car for taking a $ 18,500 loan at 0.5% interest per month . Phil Average monthly payment is $ 434.47 per month , but he decides he can afford to pay $ 100 extra to the balance each month . His balance each month is given by the recursively defined sequence : MedlinePlus Bo = $ 18,500, Bn = 1.005B ( n -1) -534.47 MedlinePlus a) What is the phil balance after the first payment , ie determining B1 . MedlinePlus b ) using a calculator , determine when your balance is less than 100,000. How many payments of $ 534.47 has been done? MedlinePlus c ) determine when it will pay the balance . What is the toal of all payments ? MedlinePlus d ) what is your interest expense ? | |||

Phil, an enrolled agent, prepares William's income tax return. William gives Phil power of attorney, including | 0 | sean | 2012-09-25 16:57:02 |

Phil , a registered agent , William prepares return income tax . Guillermo gives Phil the power of attorney , including authorization to receive your federal income tax refund check . Consequently , the IRS sends $ 100 rebate check William by Phil . William is very slow in paying their bills and Phil will be $ 500 for the tax . Phil should MedlinePlus MedlinePlus one . Use William paycheck as collateral for a loan of $ 100 to help until William paid . MedlinePlus b. Refusing to deliver the check to William William pays $ 500 . MedlinePlus c. Get written permission from William to endorse the check , check, and reduce the amount you owe $ 400 William . MedlinePlus d. Turn the check directly to William . | |||

I just bought a house about 6 months ago. I am thinking about taking a home equity loan. Is this a bad idea? | 4 | gramemar | 2012-08-18 00:26:03 |

the loan is for around $ 10,000. I use it to consolidate some of my other loans and start building a music studio , which is a very big ambition of mine. | |||

My ex bought a car for me 7 possibly 8 years ago. yesterday he rang to tell me he is taking me to court? | 2 | Kathmandu | 2012-10-15 19:21:03 |

Wants reimbursement for the car. 12,000 E ! They said the car was a gift . I signed the contract of hire purchase and the car was registered in my name. The loan has been on your behalf through your credit union and repayed over three years . Approximately two years after buying the car we parted . A few years after that , offered to buy the car above 8,000 e . I refused . He was constantly harassed him after he finished. He used to sleep out of my apartment and lack texters and sounds with abusive phone calls work , although it is and was also at that time -a garda . He said I could " sell the car or my partner could help pay the" loan " . " My boyfriend is unemployed , not living with me and this is obviously not your responsibility . Also the car was written off in the snow last year. I received 1,750 for the car that I bought a new car for the same value . I am a single mother of a 3 year old girl and I'm trying to get back to the 4th year of college to finish my degree . I recently lost my job in June , and so far have not received any benefit . I can not receive rent allownace as though I am a mother , I am of full-time education . If the courts decide that I have to return this gift and the money just is not there , did'nt , what will happen? I am very concerned as it is a garda . : (Also , if I have to pay back the "loan " I will have to pay 12,000 or the market value of the car now that is between 950 to 1.500 Please help I do not think he has any evidence of harassment was so long ? Ago time or is a gift that he followed not paying for it. I can barely remember dates and details of when we were together and have no time or money to participate in a legal battle or pay for lawyers | |||

Need some help in calculus? | 4 | elijah | 2018-10-05 19:31:57 |

Five years ago , Diane obtained a bank loan of $ 310,000 to help finance the purchase of a loft in San Francisco Bay area . The mortgage term was 30 years , and the interest rate of 9% / year compounded monthly on the unpaid balance . Because the interest rate for a conventional 30-year mortgage has dropped to 7 % / year compounded monthly , Diane is thinking about refinancing your property . ( Round your answers to the nearest hundredth . ) MedlinePlus MedlinePlus (A ) What is the current Diane monthly mortgage payment ? MedlinePlus $ Correct: . Your answer is correct MedlinePlus MedlinePlus ( B ) What is current outstanding principal Diane ? MedlinePlus $ Incorrect : . Your answer is incorrect MedlinePlus MedlinePlus ( C ) If Diane decide to refinance your property , ensuring a 30-year home loan mortgage in the amount of current outstanding principal on the current interest rate / 7 % per annum compounded monthly , what will your monthly payment mortgage? $ MedlinePlus MedlinePlus ( D ) How much less would the monthly mortgage payment to be Diane if she refinances ? MedlinePlus MedlinePlus I worked this problem many times and can only get the part , someone please help | |||

Please help me with my calculus..its for my final? | 0 | AHSAN | 2012-10-16 00:35:28 |

A loan of $ 4000, now taken with a simple interest rate of 8% per annum , will require a total payment of $ 4,640 . When the loan matured ? | |||

Business Calculus help!? | 8 | janiil | 2019-04-07 20:13:19 |

I have literally been on this problem for a week . I can not find one , but I'm super lost the rest of the problem . MedlinePlus MedlinePlus Five years ago , Diane obtained a bank loan of $ 310,000 to help finance the purchase of a loft in San Francisco Bay area . The mortgage term was 30 years , and the interest rate of 9% / year compounded monthly on the unpaid balance . Because the interest rate for a conventional 30-year mortgage has dropped to 7 % / year compounded monthly , Diane is thinking about refinancing your property . ( Round your answers to the nearest hundredth . ) MedlinePlus (A ) What is the current Diane monthly mortgage payment ? MedlinePlus MedlinePlus MedlinePlus ( B ) What is current outstanding principal Diane ? MedlinePlus MedlinePlus MedlinePlus ( C ) If Diane decide to refinance your property , ensuring a 30-year home loan mortgage in the amount of current outstanding principal on the current interest rate / 7 % per annum compounded monthly , what will your monthly payment mortgage? MedlinePlus MedlinePlus ( D ) How much less would the monthly mortgage payment of Diane be if you refinance ? | |||

I just bought a car with a really high interest rate on the loan..? | 1 | Toya | 2012-10-27 00:14:03 |

for many reasons , one of the highest you can get 19% , what I can do to lower it? And once I sign the loan payments ( which was funded by the dealer ) I can return the vehicle ? How many days do I have? I'm in California . | |||

I just bought a 2011 car. I would like to know if its wise to renew my loan to get a better interest rate? | 0 | Elaine | 2012-11-04 21:28:41 |

Hi. I just bought a 2011 nissan altima. I finance it for 72 months at the dealership. Is it wise to renew my terms to get a better interest rate and possible lower payments? My interest rate is 18.9% which is so high that i didnt even know about it. Im a first timer and didnt know whats about at the time. Or is it wise to trade in my car so that i can get a better interest rate say about 5 to 7 percent? I know, if I trade it in I will owe more on top of my original balance owing. Also, i bought the car for 20,730. Now i finance the car through dealership. So whats goin to be my Total Owing for 72 months on the car? Please help. I need some advice please. | |||

What does "interest rate" mean when taking out a loan for a home or car? | 0 | Vern | 2012-10-08 12:47:55 |

for example , if the rate is 6% ? MedlinePlus MedlinePlus Does that mean you pay more ? MedlinePlus MedlinePlus or roll a 6% cash back ? | |||

Just bought a new car (Yesterday) and got a bad interest rate? | 3 | R S Telagathoty | 2012-11-06 07:56:02 |

I bought a car , and the dealership I caught a 7.98% loan . I relize now I lied about some things . My bank will give me credit at 5.9% for the new car loan (which is higher refinancing ) . As I'm sure that the documentation has not been submitted yet how I can make the dealer change my bank papers , or I can | |||

You bought a car by securing a loan in the amount of $20000 from the bank at an interest rate of 9% compounded? | 1 | Kathmandu | 2012-09-30 03:24:03 |

You bought a car for a loan in the amount of $ 20,000 in the bank at an interest rate of 9 % compounded monthly . It agreed to pay the loan in 48 equal monthly installments ( each payment is made at the end of each month ) . Immediately after the payment is not 36, you want to pay the remainder of the loan in a lump sum , which should be this amount? MedlinePlus MedlinePlus Thanks for the help . |