Basic Math question and answers for January 05, 2024
- Q A single six sided die is rolled Find the probability of rolling an odd number or a number less than 6 The probability is Type an integer or a fraction...
- Q Bond Batman Par value 3 000 coupon 8 quarterly maturity 2 years trades today for 3 146 93 Bond Robin Par value 3 000 coupon 8 annual maturity 20 years...
- Q John works full time for a company His health insurance premium is 18 000 annually He pays 12 of the premium If he received his paycheck weekly how much would...
- Q Round to the nearest whole John invested 22 000 in an account that earns 3 interest compounded continuously What is the balance of the account after 10 years B Pet...
- Q You deposit 5000 in an account earning 5 interest compounded continuously How much will you have in the account in 10 years S
- Q Craig is practicing pitching a baseball He can hit the target an average of 72 of the time He wants to hit the target three times in a row What...
- Q point Complete the table below giving the amount P that must be invested at interest rate 11 compounded weekly to obtain a balance of A 60000 in 1 years t...
- Q problems From Example 2 3 Luisa Hernandez wants to invest 20 000 Which 4 year investment is the best deal a Compounded daily at 3 5 or compounded monthly at...
- Q Mary needs to borrow 12 000 she can borrow the money at 6 simple interest for 3 yr or she can borrow at 4 with interest compounded continuously for yr...
- Q 1 Jerry has an insurance policy with a premium of 150 per month In June he causes an accident and receives a bill with a total cost of 6000 His...
- Q What is the monthly payment on a 30 year amortized loan with a fixed interest rate of 5 per year compounded monthly with a purchase price of 375 000 00...
- Q Please post a tentative solution to the problem below following the mortgage formula and using exponential equations and logarithms as appropriate to solve for time Mortgage Formula 1 1 nt...
- Q Complete the problem Check your answers in the back of the book 2 Elena and Arturo Sarmiento own 500 shares of Walgreens WAG stock After the quarterly dividends are reinvested...
- Q 9 Duane Hartley owns 2 000 shares of Heban Oil stock which he purchased for 28 40 each Recently he read that the average selling price of his stock was...
- Q For Problems 5 and 6 determine a the total annual dividend and b the annual yield to the nearest hundredth of a percent 5 Christine Gony owns 400 shares of...
- Q For Problems 3 and 4 determine the annual yield to the nearest hundredth of a percent 3 You purchase TEK stock for 15 53 per share Dividends are 1 48...
- Q Find the present value of an annuity due that pays 2000 at the beginning of each quarter for the next 5 years Assume that money is worth 6 6 compounded...
- Q Damon is saving up money for a down payment on a house He currently has 4412 but knows he can get a loan at a lower interest rate if he...
- Q Assume that you are 23 years old and started saving for retirement on January 1 2023 You plan to retire on December 31 2067 when you are 68 years old...
- Q Assume that you are 23 years old but decide to wait before saving for retirement You decide to start saving later when you are 42 years old As a result...
- Q 3 If 2000 is invested at an interes of 3 5 per year compounded continuously find the value of the investment after the your answers number of years Round given...
- Q If you invest 4000 in an account that pays 6 con reach 6000 How much must you invest in an account today th 10 000 in the account 5 years...
- Q xam 4 Ch8 9 i 16 Exercise 9 1A Algo Recognizing a
- Q Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual rate is 3 7 She plans to retire in 23 years with an amount...
- Q ructions equation of the tangent line to a
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