What is money put down by a potential buyer to show that he or she is serious about purchasing the home
🔄 Click to see definition
Definition1/17
earnest money
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Term1/17
How much interest is paid on a 52000 loan if the monthly payments are 45023 for 30 years
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Definition1/17
110082.80
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Term1/17
Sam is a chef He has a savings account of 500 and a car worth 7569 He owes 450.23 on his new stereo Calculate Sam's net worth
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Definition1/17
7618.77
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Term1/17
A dealership advertises a new SUV for 489 a month for 6 years How much would you pay for the SUV
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Definition1/17
35208.00
🔄 Click to see term
Term1/17
Valerie wants to take out a discount loan of 569 The rate is 4.5 percent for 250 days How much interest will she pay Be sure to round the time to the nearest hundredth
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Definition1/17
17.41
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Term1/17
What is the total amount you would pay for a new car if the monthly payments are 269 for 5 years
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Definition1/17
16140.00 (A+)
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Term1/17
You need to buy three office chairs for your new office The furniture store sells them at a discount of four chairs for 189 How much would you pay for three chairs
🔄 Click to see definition
Definition1/17
141.75
(A+)
🔄 Click to see term
Term1/17
Jennifer is the coach for a Little League Baseball team the Pirates In choosing new uniforms she must decide which is the better buy She can choose from these two offers 15 t-shirts for 5.83 eac
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Definition1/17
48.90
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Term1/17
Which type of interest rate remains the same throughout the length of the loan
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Definition1/17
fixed
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Term1/17
Which equation represents how the interest on a loan is calculated
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Definition1/17
Interest=Principle times rate times time
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Term1/17
Which term refers to the percentage rate the lending institution charges for the use of its money
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Definition1/17
interest rate
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Term1/17
Which of these highways will eventually reconnect with the main highway
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Definition1/17
I-235
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Term1/17
Which of these is not a way in which credit card companies assess finance charges
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Definition1/17
some place a fee on the average yearly balance . ( A+ )
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Term1/17
If nancy pays her bank 465.23 a month for 48 months how much will she have paid on her installment loan-
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Definition1/17
If Nancy pays her bank 465.23 a month for 48 months, the amount
paid on every installment would be 116.3075/n where n is the
amount.
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Term1/17
When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder. What is the remainder of the loan called
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Definition1/17
loan proceeds
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Term1/17
Which of these defines the term "expenses"
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Definition1/17
the costs of operating
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Cards in this guide (17)
How many miles do Americans drive per day
6
What is money put down by a potential buyer to show that he or she is serious about purchasing the home
earnest money
How much interest is paid on a 52000 loan if the monthly payments are 45023 for 30 years
110082.80
Sam is a chef He has a savings account of 500 and a car worth 7569 He owes 450.23 on his new stereo Calculate Sam's net worth
7618.77
A dealership advertises a new SUV for 489 a month for 6 years How much would you pay for the SUV
35208.00
Valerie wants to take out a discount loan of 569 The rate is 4.5 percent for 250 days How much interest will she pay Be sure to round the time to the nearest hundredth
17.41
What is the total amount you would pay for a new car if the monthly payments are 269 for 5 years
16140.00 (A+)
You need to buy three office chairs for your new office The furniture store sells them at a discount of four chairs for 189 How much would you pay for three chairs
141.75
(A+)
Jennifer is the coach for a Little League Baseball team the Pirates In choosing new uniforms she must decide which is the better buy She can choose from these two offers 15 t-shirts for 5.83 eac
48.90
Which type of interest rate remains the same throughout the length of the loan
fixed
Which equation represents how the interest on a loan is calculated
Interest=Principle times rate times time
Which term refers to the percentage rate the lending institution charges for the use of its money
interest rate
Which of these highways will eventually reconnect with the main highway
I-235
Which of these is not a way in which credit card companies assess finance charges
some place a fee on the average yearly balance . ( A+ )
If nancy pays her bank 465.23 a month for 48 months how much will she have paid on her installment loan-
If Nancy pays her bank 465.23 a month for 48 months, the amount
paid on every installment would be 116.3075/n where n is the
amount.
When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder. What is the remainder of the loan called
What institution insures individual banking accounts
Which of these is the best description of fixed expenses
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59
Which of these is the best description of delinquency
What is done with the finance charge assessed by a credit card company
This is Paula's monthly budget What percent of her expenses is spent on insurance
Does your checkbook balance when you have outstanding checks that total 224.79 an ending balance of 59.56 outstanding deposits of 325.46 and a checkbook balance of 165.15