Basic Math question and answers for January 04, 2024
- Q Jack borrows 29 223 to pay for a car The loan carries an annual rate of 5 and he wants to be debt free in years by making biweekly payments...
- Q Carol borrows 32 549 to help pay for expenses The loan is for 5 years and carries an annual rate of 4 2 If she plans to make monthly payments...
- Q 9 The population of Hicksville TX was 10 412 in 1995 and has been growing at the rate of 12 5 per year In what year will the population top...
- Q 2 How long will it take for 5000 to grow to 7500 if it earns 6 5 annual interest compounded weekly
- Q 8 Ben Dover buys a car for 19 500 The average annual depreciation on this model is 13 How long will it be before the car is worth only 2000
- Q English Subject a Find the number of teaching positions that should be apportioned to each department in the fall using Jefferson s Method History Liberal Arts Math English Subject Standard...
- Q Question 10 of 20 Linkin Corporation is considering purchasing a new delivery truck T not the least of which is that it runs The new truck would cost 57 costs...
- Q Twins graduate from college together and start their careers Twin 1 invests 2000 at the end of each year for 10 years only until age 33 in an account that...
- Q Suppose a recent college graduate s first job allows her to deposit 200 at the end of each month in a savings plan that earns 9 compounded monthly This savings...
- Q Find the future value of an ordinary annuity of 1 000 paid quarterly for 5 years if the interest rate is 7 compounded quarterly Round your answer to the nearest...
- Q What is the size of the payments that must be deposited at the beginning of each 6 month period in an account that pays 9 4 compounded semiannually so that...
- Q If 3500 is deposited at the end of each quarter in an account that earns 8 compounded quarterly after how many quarters will the account contain 100 000 Round your...
- Q PRACTICE ANOTHER If 9000 is deposited at the end of each half year in an account that earns 6 4 compounded semiannually after how many half years will the account...
- Q MY NOTES PRACTICE ANOTHER Suppose a recent college graduate s first job allows her to deposit 200 at the end of each month in a savings plan that earns 12...
- Q The Weldmans want to save 50 000 in 3 years for a down payment on a house If they make monthly deposits in an account paying 12 compounded monthly what...
- Q 189 The Levchenko family invested 10 000 in the stock market How much was their investment worth after 10 years if the average rate of return during this time was...
- Q uppose you want to purchase a 340 000 home and you have the required 57 000 down payment in savings Complete the table below for a mortgage option presented by...
- Q 1 National Bank offers a 10 000 certificate of deposit at 5 755 compounded monthly
- Q Jared was supposed to make a payment of 2 000 in 2 years and another payment for 900 in 4 years to Loon Company as part of a payment plan...
- Q Dorothy divided 14 500 among two accounts paying 11 and 8 interest annually The interest earned after 1 year in the 8 account was 455 less than that earned in...
- Q se the sales of a particular brand of 8 120 8 360
- Q no sub ducation wiley com New Tab M Gmail
- Q erome is contemplating the purchase of 100 shares of a stock selling for 19 per share The stock pays no dividends The mistory of the stock indicates that it should...
- Q The formula t In m nin 1 can be used to find the number of years t required to multiply an investment m times when r is the per annum...
- Q Calculate how much you would have in 10 years if you saved 3 500 a year at an annual rate of 6 percent with the company contributing 875 a year...
- Q A house was valued at 115 000 in the year 1994 The va 2008 Use the compund interest formula S P 1 r to a A What was the annual...
- Q PRACTICE A A corporation creates a sinking fund in order to have 340 000 to replace some machinery in 8 years How much should be placed in this account at...
- Q What is the domain of the following function z 1 z 2 01 1 00 0 42 0 2 00 01 1 2 U 2 00 All real numbers
- Q The price of a new Honda Civic is 25000 The car has a depreciation rate of 15 2 How many years will it take for the price of Civic to...
- Q During an experiment a scientist is testing the spread of the deadly bacteria known as MRSA In the beginning of the experiment there are 20 bacteria the rate at which...
- Q An investment account pays 3 5 annual interest compounded semiannually If 4000 is invested in this account what is the balance after 15 years O 4663 50 O 6731 20...
- Q The table shows the amount of money in two different accounts The amount of money in Account 1 is represented by an equation while the amount of money in Account...
- Q Mr Sanchez invested 500 into a savings account The account earns interest at an annual rate of 5 compounded continuously Approximately how much money will be in the fund in...
- Q 11 Clifford and Hazel Ida can purchase a 4 year CD for 10 000 at 4 5 compounded daily or compounded monthly a What is the amount of the CD...
- Q 17 ALGEBRA Mali and Den Hayashi deposit 19 756 in a 1 year CD with Countrywide Bank which pays 5 49 compounded daily 365 day year a How much will...
- Q b Find amount and interest using the formula 16 ALGEBRA Tammy Smith deposits 5 000 in First Internet Bank s 5 year CD which pays 5 22 compounded monthly a...
- Q 12 National Trust advertises a 1 year certificate of deposit at 4 00 compounded daily with a minimum deposit of 10 000 First National offers a 1 year certificate of...
- Q Complete the problems to find the amount of interest Check your answers in the back of the book 2 A 10 000 CD at 4 50 for 4 years compounded...
- Q A man has 205 000 invested in three properties One earns 12 one 10 and one 8 His annual income from the prope is 19 700 and the amount invested...
- Q 9 A toy rocket sitting on a tower is launched vertically upward Its height y at time t is given in the table a Plot the data on the graph...
- Q A species of turtles is thriving in a certain pond There are currently 170 of these turtles living in the pond Suppose that each year the number of these turtles...
- Q 4 In the formula A t P 1 for compound interest the letters P r n and stand for respectively and A 1 stands for So if 100 is invested...
- Q MindTap Cengage 2 assessment player index iCollege iCollege GSU
- Q Simplify 4y 8y4 O 2y O 2y O 0 2y 1
- Q Question 5 8 4 33 Christian stops for coffee a given numb
- Q Jane has a headache from doing too much school work so she takes 400 mg of ibprofen Each hour the ibprofen decreases by 29 How long will it take for...
- Q When Jamal graduated from college recently his parents gave him 1 460 and told him to use it wisely Jamal decided to use the money to start a retirement account...
- Q Company A invests 10 000 into a savings account with a 4 interest rate compounded continuously Company B invests 8 000 into a savings account with a 9 interest rate...
- Q Joe and Nick are comparing their savings accounts and they want to know who is getting the most bang for thei buck Joe s Account Nick s Account Invested 6300...
- Q r is a precious metal The price of silver fluctua nt market value of silver can be found in the fi rice of metals is usually quoted per Troy ound...
- Q Que Find the monthly payment R the time t in years are given b
- Q Question 5 8 suppose Christian stops for coffee a give alculate how much Christian would save stead Assume there are four weeks in Number of Coffees Price o
- Q A retailer owes a wholesaler 600 000 due in 45 days If the payment is 15 days late there is a 1 penalty charge The retailer can get a 45...
- Q For her 1st birthday Ruth s grandparents invested 500 in an 18 year certificate for her that pays 8 compounded annually How much will the certificate be worth on Ruth...
- Q Find the future value if 6000 is invested for 13 years at 8 compounded annually Round your answer to the nearest cent
- Q Microsoft s stock price peaked at 6118 of its IPO price more than 13 years after the IPO Suppose that 25 000 invested in Microsoft at its IPO price had...
- Q What interest will be earned if 6200 is invested for 2 years at 13 compounded monthly Round your answer to the nearest cent
- Q Purchase Costs Down payment Loan payment Estimated value at end of loan Opportunity cost interest rate Purchase 1 900 550 cost Leasing cost 5 000 for 48 months 5 percent...
- Q What would be the net present value of a microwave oven that costs 240 and will save you 71 a year in time and food away from home Assume an...
- Q Donald invests 2658 into an account that has an interest rate of 9 and is compounded continuously What will the account balance be in 15 years Write the value of...
- Q After visiting several automobile dealerships Richard selects the used car he wants He likes its 11 800 price but financing through the dealer is no bargain He has 2 000...
- Q FINANCIAL LITERACY Priya and Benjamin each take out a short term loan for 2000 Priya s loan has a 15 annual interest rate compounded continuously and Benjamin s loan has...
- Q Angela s bank restoration bu monthly payn
- Q You hold a zero coupon bond when there is a sudden change in interest rates It has 9 years to maturity Yield to maturity is 0 07 and rates change...
- Q Laura and Martin obtain a 25 year 150 000 conventional mortgage at 9 5 on a house selling for 180 000 Their monthly mortgage payment including principal and interest is...
- Q Anna is buying a house selling for 295 000 To obtain the mortgage Anna is required to make a 10 down paymen Anna obtains a 30 year mortgage with an...
- Q A partial payment is made on the date indicated Use the United States rule to determine the balance due on the not the date of maturity The Effective Date is...
- Q Suppose that you decide to buy a car for 62 000 including taxes and license fees You saved 13 000 for a down payment The dealer is offering you a...
- Q Jamie needs a new roof on her house The cash cost is 5600 She decides to finance the project by paying 17 0 down with the balance paid in 24...
- Q Recently More Money 4U offered an annuity that pays 6 6 compounded monthly If 1 885 is deposited into this annuity every month how much is in the account after...
- Q Suppose that you decide to buy a car for 28 635 including taxes and license fees You saved 5000 for a down payment and can get a three year car...
- Q three marks On January 1 2000 Anthony deposited 5000 in a plan that paid 6 annual interest On anuary 1 2009 he took out all of the 8568 50 from...
- Q You would like to have 3 500 in 4 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that...
- Q save for retirement you decide to deposit 70 at the end of each month in an IRA that pays 4 5 compounded monthly Use the following formula to determine how...
- Q You plan to save money for a down payment of 31 000 to purchase an apartment You can only afford to save 6 000 at the end of every 6...
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