You owe $644.90 on your credit card. The minimum payment is $68.00 and the interest rate on the card is 1.9%. What is the new balance?

Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5% over 5 years.How much did he borrow to buy his new car?

Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would pay $6,596.25 in interest over five years. How much did he borrow to pay for his car?

Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan payments total $17,920 . What is your family’s annual income?