Find the percentage. 310 $\times$ 12%

Emma Jarmel obtained a $6,000 loan at 10% for home improvements. The monthly payment is$276.60. What is the amount of the (a) interest for the first payment, (b) payment to principal, and (c) new principal?

Find the percentage. 865 $\times$ 23%

Complete the table. Using the Annual Percentage Rate for Monthly Payment Plans table, find the finance charge per $100 and the APR.$

$$\scriptstyle\begin{array}{|c|c|c|c|c|} \hline\begin{array}{c} \text { Finance } \\ \text { Charge } \end{array} & \begin{array}{c} \text { Amount } \\ \text { Financed } \end{array} & \begin{array}{c} \text { Finance Charge } \\ \text { per } \$ 100 \end{array} & \begin{array}{c} \text { Number of } \\ \text { Payments } \end{array} & \begin{array}{c} \text { Annual } \\ \text { Percentage Rate } \end{array} \\ \hline \$ 33.10 & \$ 1,000 & \text { a. } & 6 & \text { b. } \\ \hline \end{array}$$

$

Find the interest and the final payment.

$$\scriptstyle\begin{array}{|l|c|c|c|c|} \hline \text { Purpose } & \begin{array}{c} \text { Interest } \\ \text { Rate } \end{array} & \begin{array}{c} \text { Previous } \\ \text { Balance } \end{array} & \text { Interest } & \begin{array}{c} \text { Final } \\ \text { Payment } \end{array} \\ \hline \text { High-Speed Color Copier } & 12 \% & \$ 4,800.00 & \text { a. \$ } & \text { b. \$ } \\ \hline \end{array}$$

What two factors make up the maturity value of a single-payment loan?

Jenna Cox bought a home gym for $1,299.50. If she made a 15% down payment, how much would she finance? A.$989.60 B. $1,149.56 C.$1,284.50 D. $1,104.58

Use the Monthly Payment on an Installment Loan of $100 table to solve the following.$

$$\scriptstyle\begin{array}{|l|l|l|l|l|l|l|l|} \hline\text{Purpose} & \text{APR} & \text{Term} & \text{Table} & \text{Amount} & \text{Monthly} & \text{Total} & \text{Finance} \\ \text{} & \text{} & \text{(Months)} & \text{Value} & \text{Financed} & \text{Payment} & \text{Repaid} & \text{Charge} \\ \hline \text { Skis } & 10 \% & 6 & \text { a. \$ } & \$ 1,000 & \text { b. \$ } & \text { c. \$ } & \text { d. \$ } \\ \hline \end{array}$$

$

Subtract. 44.69 - 2.34

Find the percentage. 325 $\times$ 45%

Demarrio Kibbe obtained a loan for a new deck. The loan is for $4,500 at 10%. The monthly payment is$270.45. What is the amount of the (a) interest for the first payment, (b) payment to principal, and (c) new principal?

Daniela Nanz obtained a $2,500 loan at 12.5% to buy porch furniture. The monthly payment is$118.23. What is the amount of the (a) interest for the first payment, (b) payment to principal, and (c) new principal?

You have gross pay this month of $622.30 and total earnings to date of$28,221.00. Use the Social Security tax rate of 6.2% of the first $97,500.00 and Medicare tax rate of 1.45%. How much is deducted from your paycheck this month for Social Security and Medicare?

Subtract. 10.29 - 4.07