Basic Math question and answers for January 09, 2024
- Q If you open a savings account that earns 5 5 simple interest per year what is the minimum number of years you must wait to double your balance Suppose you...
- Q Use a periodic rate of 1 5 and the unpaid balance method to compute the unpaid balance finance charge and new balance Round to the nearest cent Previous Balance 350...
- Q Kwami Endabe s charge account uses the unpaid balance method The periodic rate is 1 85 The previous balance is 478 68 He had payments of 150 and 60 and...
- Q Previous Balance 1280 payment 200 new purchases 52 and 48 periodic rate 1 6 The new balance rounded to the nearest cent is x
- Q A logistics provider plans to have a new warehouse built to handle increasing demands for its services Although the company is unsure of how much demand there will be it...
- Q Watch Video Show Examples A quantity with an initial value of 590 decays continuously at a rate of 55 per year What is the value of the quantity after 21...
- Q The lease of Theme Park Inc is about to expire Management must decide whether to renew the lease for another 10 years or to relocate near the site of a...
- Q You want to be able to withdraw 50 000 from your account each year for 30 years after you retire You expect to retire in 25 years If your account...
- Q A young executive is going to purchase a vacation property for investment purposes She needs to borrow 108 000 00 for 26 years at 6 4 compounded monthly and will...
- Q You are considering taking out a loan of 5 000 00 that will be paid back over 12 years with every 2 months payments of 101 43 If the interest...
- Q You have 3 500 on a credit card that charges a 21 interest rate If you want to pay off the credit card in 4 years how much will you...
- Q You want to buy a 29 000 car The company is offering a 5 interest rate for 60 months 5 years What will your monthly payments be
- Q You deposit 1000 each year into an account earning 6 interest compounded annually How muc will you have in the account in 30 years
- Q A business sets up a sinking fund so they will have a 46 000 00 to pay for a replacement piece of equipment in 12 years when the current equipment...
- Q Offer a brief introduction that provides basic context and then a thesis Organize your argument into paragraphs that will enable you to divide and answer the question systematically Incorporate carefully...
- Q A man wants to set up a 529 college savings account for his granddaughter How much would he need to deposit each year into the account in order to have...
- Q es Factor Company is planning to add a new product to its line To manufacture this product the company needs to buy a new machine at a 479 000 cost...
- Q 5 B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line The equipment costs 379 200 and has a...
- Q 13 The fox population in a certain region has a continuous growth rate of 5 percent per year It is estimated that the population in the year 2000 was 30...
- Q Complete the following table which shows the performance of two investments over a 5 year period Anjana deposits 5000 in an account that earns simple interest at an annual rate...
- Q If a company invests 5 000 in new machining equipment by how much must it reduce its annual costs to expect to recover the investment in two years at an...
- Q When the interest rate is 8 per year all of the following are equivelant to 8 000 now except O 7 407 one year ago O 10 400 three years...
- Q What is the present worth of the following series of income and expensesif the interest rate is 6 per year Year Expense 0 1 4 5 7 O 5555 6251...
- Q You want to leave an endowment at your university You want to have an endowment that provides 50 000 worth of scholarships per year At 5 interest how much will...
- Q What is the first year depreciation in the following situation using straight line Purchase price 150 000 Salvage value 25 000 Life of project 6 years 7 257 10 417...
- Q Changes in current operating assets and liabilities indirect method Huluduey Corporation s comparative balance sheet for current assets and liabilities was as follows Dec 31 20Y2 Dec 31 20Y1 17...
- Q Complete the following table which shows the performance of two investments over a 5 year period Anjana deposits 5000 in an account that earns simple interest at an annual rate...
- Q How much must be deposited today into the following account in order to have a 105 000 college fund in 16 years Assume no additional deposits are made An account...
- Q Find the monthly interest payment in the situation below Vic bought a new plasma TV for 1800 He made a down payment of 200 and then financed the balance through...
- Q Use the following to answer questions 17 18 Figure Market for Loanable Funds II Interest rate r 8 0 Supply x Q 300 17 Figure Market for Loanable Funds II...
- Q Use the following to answer questions 12 13 Figure Minimum Wage Wage P3 P P X A Q B Q C 23 D 2 Q Q Q3 12 Figure Minimum...
- Q 4 Nominal GDP is A the inflation adjusted GDP B the real GDP minus depreciation C the current dollar GDP D the constant dollar GDP
- Q 1 Gross domestic product is the economy s total production of period A good and services B final goods and services C intermediate goods and services D consumer goods and...
- Q Use the following to answer question 28 Figure Inflationary and Recessionary Gaps Panel a LRAS SRAS AD Price level P3 P P Y Yp Real GDP Price level P3 P...
- Q igu 30 Price Level PO P105 P100 1 b lower interest rates I LRAS E SRAS 2 c an increase in aggregate demand AD Y Y Goods and Services Real...
- Q Figure 35 Price Level LRAS LRAS SRAS E Goods and Services Real GDP SRAS AD 35 In Figure 35 which of the following would most likely cause the movement from...
- Q Figure Policy Alternatives Price level P3 P P Panel a LRAS SRAS AD Y Yp Y Real GDP A an inflationary gap B a recessionary gap C no gap SRAS...
- Q Starting at age 35 you deposit 2000 a year into an IRA account for retirement Treat the yearly deposits into the account as a continuous income stream If money in...
- Q Listed below are two solutions for a service issue Work out the present costs for option 1 so you can compare it to option 2 Use a 5 interest rate...
- Q You save 5 000 per year for the 40 years you are working years 1 40 How much can you withdraw in equal amounts for the 35 years you are...
- Q My company is currently buying an item for 54 We can make the same item internally for a labor cost of 17 a material cost of 11 and a tooling...
- Q Assume that you buy a new car for 25750 OMR at 7 25 compounded monthly How much is the monthly payment and total interest amount for 1 ii 5 years...
- Q 1 6 pts The following information is pertaining to a normal monthly activity of 10 000 units Standard factory overhead rates are based on a normal monthly volume of one...
- Q Power Company produces two products Selling price per unit Variable expenses per unit Contribution margin per unit Product A 40 28 12 Product B 16 12 4 Assume the fixed...
- Q 1 point Let P 0 0 0 Q 1 1 1 R 2 1 1 Find the area of the triangle PQR area Let T 2 4 4 U 2...
- Q If Alexander earns 5 times the amount that Emma earns what percent is Alexander s earnings compared to Emma s earnings
- Q Estimate 2887 x 729 by first rounding each number so that it has only 1 nonzero digit
- Q a Assuming that you put some money down what was your original loan amount in dollars 46426 D What is the outstanding balance in dollars on your loan after making...
- Q Recently you made multiple large purchases on your credit card totaling 17 200 The interest rate on your credit card is 15 3 per year compounded monthly and your statement...
- Q At age 24 you start an IRA to save for retirement You deposit 325 at the end of each month If you can count on an APR of 5 compounded...
- Q You purchase a plot of land worth 58 000 to create a community garden To do so you secure a 10 year loan charging 5 11 APR compounded monthly and...
- Q 2 If the sum of five positive distinct even two digi numbers with different digits is 140 what is the maximum of the greatest one
- Q Given the above information in Q1 Shannon s wants to increase its sales to retailers by 20 in the next year Management estimates that the incremental promotion program required to...
- Q For a car loan of 17 500 at 5 2 for 5 years what would be typed into excel to find the monthly payment
- Q A recent graduate s student loans total 18 000 If these loans are at 5 compounded quarterly for 8 years what are the quarterly payments
- Q Use the formula above to determine the accumulated amount for each of the following different scenarios Round solutions to the nearest cent Assume there are 365 days in a year...
- Q A country s population in millions and the growth rate in 2015 are given below Use this information and an exponential model to estimate the country s population in the...
- Q Many tax preparation organizations will prepay customers tax refunds if they pay a one time finance charge In essence the customer is borrowing the money the refund minus the finance...
- Q Check my work Manuel Company predicts it will operate at 80 of its productive capacity Its overhead allocation base is DLH and its standard amount per allocation base is 0...
- Q 10 1 of 2 s Book Hint Print rences Required information The following information applies to the questions displayed below Manuel Company predicts it will operate at 80 of its...
- Q UNIT II For the 25 years I will be depositing 250 00 a month into an account earning 3 5 compounded monthly 3 How much money have I deposited over...
- Q Use the compound interest formula to compute the future value of the investment Round to the nearest cent 1 500 at 2 compounded monthly for 6 months OA 1 514...
- Q If 15 000 is invested at 12 interest compounded quarterly find the interest earned in 13 years
- Q 4 Many years ago I was fortunate enough to buy some savings bonds that appreciated at 4 per year a I bought one bond in 2000 for 50 How much...
- Q How many years will it take for an initial investment of 20 000 to grow to 70 000 Assume a rate of interest of 2 compounded continuously It will take...
- Q Tritium is a radioactive isotope of hydrogen that has the desirable characteristic of radioluminescence which allows it to glow in the dark without the need for an external light source...
- Q Your dad mentioned that he had 100 000 in his retirement account 20 years ago If the account has grown by the market rate of 10 per year by how...
- Q 3 The value in millions of dollars of transactions processed by an online payment platform is modeled by the function M The value is expected to increase by 6 1...
- Q 4 Saving to open a business Madeline feels trapped in her current job and decides to save 75 000 over the next 7 yr to open up a Harley Davidson...
- Q The value of a particular investment follows a pattern of exponential growth In the year 2000 you invested money in a money market account The value of your investment t...
- Q A couple buys a 150000 home making a down payment of 15 The couple finances the purchase with a 15 year mortgage at an annual rate of 3 81 If...
- Q 6 3 points Sunn Company manufactures a single product that sells for 104 per unit and whose variable costs are 127 per unit The company s annual fixed costs are...
- Q A company must pay a 309000 settlement in 3 years a What amount must be deposited now at compounded semiannually to have enough money for the settlement b How much...
- Q 2 7 pts You invested 37 000 in Yug Industries at an annual interest rate of 5 compounded continuously Find the amount received after a six year investment Don t...
- Q Suppose that 5000 is placed in a savings account at an annual rate of 6 compounded monthly Assuming that no withdrawals are made how long will it take for the...
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