I would really appreciate the help!

Question 6 (0.5 points)

A payday loan company charges you 4% interest to borrow money for just two weeks. What is the equivalent annual percentage rate?

Your Answer:

Question 7 (0.5 points)

You are comparing the cost of credit to the cash price of an item. If you make a down payment of $50 and pay $54 per month for 12 months, how much more will that amount be than a cash price of $650?

Your Answer:

Question 8 (0.5 points)

What is the total amount you will have to repay for your $19,000 student loan if the interest rate is 6% APR and you pay equal monthly payments over the 10 year life of the loan?

Your Answer:

Question 9 (0.5 points)

You want to purchase a new home for $490,000 using a mortgage that requires a maximum loan-to-value ratio of 75%. What is the minimum down payment you must make?

Your Answer:

Question 10 (0.5 points)

You are taking out a new loan of $115,000 that includes an origination fee of 0.5%. How much money does the origination fee cost you?

Your Answer: