Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. you will invest $200 per year. you will make your

You will invest $200 per year. You will make your first deposit today. If the...

90.2K

Verified Solution

Question

Accounting

image
image
You will invest $200 per year. You will make your first deposit today. If the rate is 7.70%, how much will you have in 12 years? 10 points QUESTION 2 If you pay the minimum payment per month of $47.45 on your credit card, you will pay it off after making 98 payments. If you pay $10 more per month, you will pay it off 33 months sooner. How much total interest will you save? You have a car loan. If you pay $484.55 per month, you will pay it off after making 70 payments. If you pay $40 more each month, you will pay it off 6 months sooner. How much total interest will you save? QUESTION 4 You are buying a car today and will pay back $354.04 per month for 48 months. You make your first payment today. If the rate is 3.6%, how much did you borrow

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students