75000*(1.06)30 = 430,761.83797 Call it 430,762
% over 100 = is over of. the % divided by 100 is the same as loan over the total. do cross multiplication...% x total = 100 x loan. divide both sides by the coeficient (which is the number you're multiplying with the percent you don't know) and then you have the percent.
1% equates to 1/100 of a number . So 1% of the loan can be found by multiplying the amount of loan by 1/100. And this is equivalent to dividing the loan amount by 100. EXAMPLE : Say loan = $15,000, then 1% = 15000/100 = $150.
The interest rate is given in the question. It is 3.5%.The amount of interest paid on the loan depends on how much of the loan (if any) is paid back during the period of the loan. If there are no interim payments, the total interest at the end of 5 years is 2681.85 approx.
Since Shawn bought the house for 100,000 and paid 20,000 (he put 20% down), the loan amount would be 80,000 (100,000 - 20,000). In order to find the total interest cost of the loan, first we need to find the balance that would be after 30 years with a 5.5% interest, and subtract from that balance the loan amount of 80,000: A = Pert A = 80,000e(0.055)(30) A = 416,558.39 I = A - 80,000 = 416,558.39 - 80,000 = 336,558.39 Thus, the house would cost 336,558.39 more than the price of the house, if Shawn would buy it in cash.
6 years
$453.42 over 30 years.
13,807.50
13,807.50
please specify or tell me your loan amount
Ten percent in money means ten percent of the total amount. For example, if you borrow $5,000 at ten percent interest, $500 will be added to the total you owe because $500 is ten percent of $5,000. You would, therefore, have to pay $5,500 to pay the loan back in full.
% over 100 = is over of. the % divided by 100 is the same as loan over the total. do cross multiplication...% x total = 100 x loan. divide both sides by the coeficient (which is the number you're multiplying with the percent you don't know) and then you have the percent.
A home equity loan rate is determined by the total loan amount and the individual's FICO credit score. The total loan amount is based on the net value of the house and the remaining mortgage.
1% equates to 1/100 of a number . So 1% of the loan can be found by multiplying the amount of loan by 1/100. And this is equivalent to dividing the loan amount by 100. EXAMPLE : Say loan = $15,000, then 1% = 15000/100 = $150.
The total loan stands at over $64 Billion on Pakistan in the year of 2012.
It will depend on the terms you have with the dealer. If all of the down payment is going to principal on your car then you would subtract that amount and that would be the amount left on your loan. If only a percent is applied to the amount then subtract that percent from the amount.
The loan amount will be $190,000 and a down payment of $10,000 is required. To calculate this, find 5% of 200,000, which in an equation is .05 times 200,000. Then subtract that total (10,000) from the price of the house (200,000) to arrive at 190,000.
The total amount to be repaid on a one-year term loan of 500 dollars with an interest rate of 12 percent depends on how often it is compounded. If it is only compounded once during the year, you will owe 560 dollars after one year.