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need some help with algebra?
Feb 28, 2011 by crims | Posted in Mathematics
I have been struggling with this problem for like an hour...
Question: A credit union loaned out $50,000, part at an annual rate of 5% and the rest at an annual rate of 8%. The collected combined simple interest of $3,400 from the loans
Your equation is correct, but you're likely typing it into your calculator incorrectly. Most calculators won't just solve equations for you, unless you have a TI-89 or similar in which you could just type: solve(.05x+(50000-x).08=3400,x) but if you don't
| Feb 28, 2011
No were not going to do your homework for you tonio.
Jason Smith | Feb 28, 2011
simple loan calculator news
College students: No sweat on loan impasse
18.05.12
University of Toledo sophomore Justin Kuemerle, 20, of Canton talked about his student loan situation this month at his parent’s home where he’s spending the summer break. Kuemerle said the scheduled doubling of interest rates for subsidized federal undergraduate Stafford loans would negatively
Source: Canton Repository
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The Power of Prepayment
Move Smartly - Apr 27, 2011
(To see what the impact of making extra payments looks like, check out my mortgage payment calculator.) If you're in a variable-rate mortgage, I would advise you to bank the interest-rate savings you enjoy today by setting your variable payment at the
You Need To Know The Best Way To Finance A New Car
IndiaCompanyNews (press release) - Apr 27, 2011
Just using a simple car finance calculator won't give you them. If you want guaranteed new car finance you need to consult with professionals that have the experience in providing them. If you are looking for information on how to finance a new car,
Make Informed Decisions About Your Home Loan With a Mortgage Calculator
Stock Markets Review - Apr 23, 2011
It costs you nothing to take advantage of an online home loan calculator. You're probably already familiar with terminology involving the interest, principal and term. But a mortgage calculator can go beyond simple math to help you understand how much
What is Reverse Mortgage
Sify - Apr 26, 2011
The periodic payments also known as Reverse EMI are received by the borrower over a fixed loan tenure. With each payment, whether monthly or quarterly, the equity or the individuals interest in the house decreases. (Home Loan EMI Calculator) A Reverse
Mortgage Calculator: Why Do I Need to Use One?
Stock Markets Review - Apr 16, 2011
Let's find out. What is a mortgage calculator? In a nutshell, it is a simple tool on a web page, that will calculate your potential mortgage repayments for your circumstances. You provide information about your mortgage, such as the loan amount,