Question

A loan was repaid over seven years by end-of-month payments of $450. If interest was 12% compounded monthly, how much interest was paid?

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A
loan was repaid over seven years by end-of-month payments of $450.
If interest was 12% compounded monthly, how much interest was paid?
can you please do my question with TI BA calculator.

a
loan, amortized over 5 years, is repaid by making payments of $1200
at the end of every month. if interest rate is 3.50% compounded
semi- annually, what was the loan principal?

A debt of $45,000 is repaid over 8 years with payments occurring
monthly Interest is 5 % compounded annually.
(a) What is the size of the periodic payment?
(b) What is the outstanding principal after payment 23?
(c) What is the interest paid on payment 24?
(d) How much principal is repaid in payment 24?

A loan of 620,000 is to be repaid in 30 years by month-end
repayments starting in one month. The interest rate is 4.8% p.a.
compounded monthly. Calculate the interest paid in Year 5. (between
the end of month 48 and the end of month 60). Correct your answer
to the nearest cent without any units. (Do not use "$" or "," in
your answer. e.g. 12345.67) (Hint: you can use Excel to find the
answer.).

A loan of $6,300 is being repaid by payments of $70 at the end
of each month. After the 7th payment, the payment size increases to
$280 per month. If the interest rate is 6.6% compounded monthly
calculate the outstanding loan balance at the end of the first
year.

Question 1
Jack took a $ 5,000 loan, which he repaid in
monthly installments over seven
months. Payments were always made at the end of
the month (each payment month was 1/12 part of the year)
so that the first repayment was made 4 months after the loan was
drawn down. Each equal installment consisted of an installment of
the loan amount of $ 5,000 / 7 and an interest component of $ 30
and an account management fee of...

Question 1
Jack took a $ 5,000 loan, which he repaid in
monthly installments over seven
months. Payments were always made at the end of
the month (each payment month was 1/12 part of the year)
so that the first repayment was made 4 months after the loan was
drawn down. Each equal installment consisted of an installment of
the loan amount of $ 5,000 / 7 and an interest component of $ 30
and an account management fee of...

A loan of 10,000 is being repaid with payments of 500 starting
one month after the loan is made and lasting as long as necessary.
A final smaller payment is made one month after the last regular
payment of 500. What is the amount of the additional smaller
payment using an interest rate of 12% compounded monthly?

A car loan in the amount of $32,000 will be repaid over a five
year term. The rate on the loan is 6%, and payments are compounded
monthly. Determine the balance on the loan at the end of month
3.

A loan is repaid by making payments of $2000.00 at the end of
every six months for twelve years. If interest on the loan is 10%
compounded quarterly, what was the principal of the loan?

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