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What is the total amount that John Fitzwilliams paid in copayments in September 2016?
45.00
What is the total amount of monthly credit card payments?
The total amount of monthly credit card payments is the sum of all the payments made towards credit card bills in a month.
What is the total amount of 2015 estimated tax payments and the amount applied from the 2014 return?
The total amount of 2015 estimated tax payments is the sum of all payments made towards taxes for the year 2015. The amount applied from the 2014 return is the portion of the previous year's tax refund that was used to offset taxes owed for the current year.
What is The difference between total payments and total charges to an account is called?
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
How can I calculate the total interest paid on my mortgage?
To calculate the total interest paid on your mortgage, you can use the formula: Total Interest Total Payments - Loan Amount. This means you subtract the initial loan amount from the total amount you will pay over the life of the loan. This will give you the total interest paid.
What is the total amount you would pay for a new car if the monthly payments are 269 for 5 years?
16140.00 (A+)
How much interest is paid on a 52000 loan if the monthly payments are 450.23 for w years?
To calculate the total interest paid on a $52,000 loan with monthly payments of $450.23 over a certain number of years (w), first determine the total amount paid by multiplying the monthly payment by the total number of payments (12 months × w years). Then, subtract the original loan amount from this total to find the interest paid. The formula is: Total Interest = (450.23 × 12 × w) - 52,000. You would need to specify the duration (w) to calculate the exact interest amount.
How do you calculate total amount of installment?
You need to start with total amount owed, total monthly payments, and annual interest.FORMULA:Payment = (Loan amount x Interest) ÷ (Payments per Year x (1 - (1 + (Interest) ÷ Payments per Year)) raised to the power of negative Payments per Year x Length of Loan)))Or, you could just use Excel and use the PMT function:PMT(interest_rate,number_payments,PV,FV,Type)interest_rate = interest rate for the loannumber_payments = number of payments for the loanPV = present value or principal of the loanFV (optional) = future value or the loan amount outstanding after all payments have been made. If this parameter is omitted, the PMT function assumes a FV value of 0.Type (optional) = when the payments are due. Type can be one of the following values:- 0 = payments due at end of period (default)- 1 = payments due at beginning of period
What should be reported on tax form 1099?
1099 is used to report various types of payments made to independent vendors, including compensation paid to non-employee service providers, payments for legal and health services, payments for rent, and for prizes. What gets reported on the Form 1099 are payments if the total amount paid is at least the relevant threshold amount, and payments are made to specific tax structures.
Does paying down principal lower monthly payments?
Paying down principal does not lower monthly payments. Instead, it reduces the total amount you owe and can shorten the length of the loan term.
Do large principal payments reduce monthly payments?
Large principal payments do not reduce monthly payments. Monthly payments are typically fixed based on the loan amount and interest rate, so making a large principal payment will not change the monthly payment amount. However, paying off a large portion of the principal can help reduce the total interest paid over the life of the loan and shorten the loan term.
What is a pv function?
The PV function returns the present value of an investment, which is the total amount that a series of future payments is worth presently.
