Fritz Benjamin buys a car costing $10300. He agrees to make payments at the end of each monthly period for 8 years. He pays 9.6% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. Fritz's monthly payment is $ (Round to the nearest cent.) Fritz will pay a total of $ in interest. (Round to the nearest cent.)
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- Fritz buys a car costing $24,300. He agrees to make payments at the end of each monthly period for 8 years. He pays 4.8% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. Fritz's monthly payment is $ (Round to the nearest cent.) Fritz will pay a total of $ in interest. (Round to the nearest cent.)Fritz Benjamin buys a car costing $18900. He agrees to make payments at the end of each monthly period for 8 years. He pays 8.4% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. Fritz's monthly payment is $ (Round to the nearest cent.) Fritz will pay a total of $ in interest. (Round to the nearest cent.)Fritz's monthly payment is $. Fritz Benjamin buys a car costing S19900. He agrees to make payments at the end of each monthly period for 7 years. He pays 4.8% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. (Round to the nearest cent.) Fritz will pay a total of $ in interest. %$4 (Round to the nearest cent.)
- Fritz Benjamin buys a car costing $17900. He agrees to make payments at the end of each monthly period for 6 years. He pays 9.6% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. Fritz's monthly payment is $ (Round to the nearest cent.)Fritz Benjamin buys a car costing $14200. He agrees to make payments at the end of each monthly period for 6 years. He pays 6.0% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay.Fritz Benjami buys a car costing $14200. He agrees to make payments at the end Fritz's monthly payment is: of each monthly period for 6 years. He pays 6.0% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. (Round to the nearest cent.)
- Fritz Benjami buys a car costing $14200. He agrees to make payments at the end of each monthly period for 6 years. He pays 6.0% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay.Fritz Benjamin buys a car costing $7900. He agrees to make payments at the end of each monthly period for 5 years. He pays 9.6% interest, compounded monthly. (a) What is the amount of each payment? (b) Find the total amount of interest Fritz will pay. (a) Fritz's monthly payment is $ (Round to the nearest cent as needed.) (b) Fritz will pay a total of $ in interest. (Round to the nearest cent as needed.)Miguel buys a car costing $14,000. He agrees to make payments at the end of each monthly period for 4 years. He pays 7% interest, compounded monthly. (a) What is the amount of each payment?(b) Find the total amount of interest Miguel will pay.
- Julio buys a koi fishpond (and fish to put in it) for his wife on their anniversary. He pays $8000 for the pond and fish with $2000 down. The dealer charges add-on interest of 3.5% per year, and Julio agrees to pay the loan with 36 equal monthly payments. Use this information to answer the following questions: a.)Find the total amount of interest he will pay. b.)Find the monthly payment. c.)Find the APR value (to the nearest half percent). d.)Find (1d.) the unearned interest and (2d.) the payoff amount if he repays the loan in full with 12 months remaining. Use the most accurate method available.Fritz Benjamin buys a car costing $16700. He agrees to make payments at the end of each monthly period for 4 years. He pays 9.6% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. Fritz's monthly payment is $_______Julio buys a koi fishpond (and fish to put in it) for his wife on their anniversary. He pays $8000 for thepond and fish with $2000 down. The dealer charges add-on interest of 3.5% per year, and Julio agrees topay the loan with 36 equal monthly payments. Use this information to answer the following questions:1) Find the total amount of interest he will pay.2) Find the monthly payment.3) Find the APR value (to the nearest half percent).4) Find (a) the unearned interest and (b) the payoff amount if he repays the loan in full with 12 monthsremaining. Use the most accurate method available.
