At what rate of interest per annum would an amount $400 yield a simple interest of $72 in two?

the simple interst on $480 after 2 years is $72. the rate percent per annum is
Mrs jasmine Invested $4000 in a building society which paid simple interest at a rate of 7.25% per annum to its investors. After 2 years, the rate was increased to 7.6% per annum. Find the amount she had T the end of 7 years
the formula A=(1 + RT/100) gives the total money A, that a principal P amount to T years at R% simple interest per annum. Find the amount that a principal of #850 become if invested for 6 years at 6% simple interest per annum.?
A person borrowed Rs.20,000 from a bank at a simple interest rate of 12% per annum.In how many years will he owe interest of Rs.3,600?
Proctor Micro-Computers, Inc. requires $1,200,000 in financing over the next two years. The firm can borrow the funds for two years at 9.5 percent interest per year. Mr. Procter decides to do economic forecasting and determines that if he utilizes
What sum of money lent at 25/2% per annum will produce the same interest in 4 years as ₹ 8560 produces in 5 years at 12% per annum.
What sum will amount to Rs 1748 in 5/2 years at 15/2 % per annum simple interest.
The simple interest, in dollars, on $1600 invested at 9½% per annum for three years is
find the simple interest on naira 28 for 25 years at 1 percentage per annum.
Find the simple interest on N280.00 for 2 and half years at 3% per annum.
7. 72 is what percent of 480? Write and solve an equation to solve the problem. Step 1. First, I will write out the equation. part = percent x whole Step 2. Now, fill in the parts… 72 = p x 480 Step 3. I will simply divide 72 by 480, which will be 0.15.
I just want to know if anyone can help me in determining if I am on track with this assignment and if anyone can point out where I am wrong and how I need to fix it. I have already completed this assignment on my own and need someone to review it. Thank
Find the rate percent which yield simple interest of 25.00 on 200.00 for 2½ years
Find the simple interest on N280 for 5 years at 3 %per annum show working
A tractor bought for R120 000 depreciates to R11 090,41 after 12 years by using the reducing balance method. Calculate the rate of depreciation per annum if the rate was fixed over the 12 years, and calculate the effective interest rate if interest is 9,8%
Asher cashed in a one-year term deposit after only five months had elapsed. In order to do so, he accepted an interest rate penalty—a reduction from the scheduled 5.5% rate of simple interest. If he was paid $145.83 interest on the $10,000 term deposit,
Dylan invested some money into his bank. He agreed on a simple interest rate of 3% per annum for a period of 2 years. At the end of the 2-year period, the value of his investment increased by£72 Work out the value of Dylan's initial investment.
At a certain rate of simple interest, Rs.4050 amounts upto Rs.4526.50 in 2 years. At the same rate of simple interest, how much would 1 lakh amount in 3 years.
A principal of $2000 was invested in a savings account for 4 years. If the interest earned for that period was $480 what is the interest rate? I = prt for r I did: 2000= 480(4) 2000=1920 9.6%
Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. a. What would be the future value if the interest rate is a simple interest rate? b. What would be the future value if the interest rate is a compound
First Simple Bank pays 6 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts compounded annually. Required: What rate should the bank set if it wants to match First Simple Bank over an investment horizon of
compute the present value of a $100 cash flow for the following combinations of discount rates and times. a. r=8 percent. t= 10 years b. r=8 percent. t= 20 years c. r=4 percent. t= 10 years d. r=4 percent. t= 20 years
The population of a country increases at the rate of 3% per annum. How many years will it take to double itself?
A sum of 2000 is invested at 6% simple interest per annum. (i) Calculate the interests at the end of 1, 2, 3.... years. (ii) Does the sequence of interests forms an A.P.?
You were offered the opportunity to purchase either a simple interest note or a simple discount note with the following terms: $33,353 at 7% for 18 months. a. Calculate the effective interest rate. (Do not round intermediate calculations. Round your final
The amount of an investment of P dollars for t years at simple interest rate r is given by A= P+Prt a) Rewrite this formula by factoring out the greatest common factor on the right-hand side. b) Find A if $8300 is invested for 3 years at a simple interest
calculate the nominal interest per annum if the effective rate was 11.4% p.a compounded half yearly for 5 years
Joshua borrowed $900,00 for 6o days at an annum simple interest rate of 5% how mush interest did he pay
wyatt invests $6000 in two accounts, the first pays 10 percent simple interest, the second pays 11 percent simple interest. At the end of the year he has earned $640 in interest. How much is invested at each rate?
1. What is 57% of 11? (1 point) 11 = 0.57 • n; 19.3 n = 57 • 11; 627 n = 0.57 • 11; 6.27 11 = 57 • n; 0.19 2. 224 is 25% of what number? (1 point) 224 • 0.25 = w; 560 224 = 0.25 • w; 896 224 • 0.25 = w; 56 224 = 0.25 • w; 90 3. Explain how
Yvonne put $4,000 in a savings account. At the end of 3 years, the account had earned $960 in simple interest. A. how much does she have in her account at the end of 3 years? B. at what annual simple interest rate did the account grow? c. how many more
Find the interest earned by an account with $1,200 of simple interest of 4% for 3 years. Find the percent markup. Round to the nearest whole percent. store's cost: $100 selling price: $160 Find the percent of increase. 50 to 70 Find the percent of
An individual has purchased Rs.275,000 worth of Savings Certificate. The Certificate expires in 25 years and a simple interest rate is computed quarterly at a rate of 3 percent per quarter. Interest cheques are mailed to Certificate holders every 3 months.
A bank charges mark-up @ Rs.0.39 per day Rs.1,000/-,rate of mark up as percent per annum is:
sum of Rs.7700 is to be dividedamong three brothers Zain, Zaid and Zoaib in such a way that simple intereston each part at 5% per annum after 1,2 and 3 years, respectively remains equal. The share of Zain is more than that of Zoaib by?
sarah invested £12000 in a unit trust 5 years ago, the value of the unit trust increased by 7% per annum for each of the last 3 years. before this the price had decreased by 3% per annum. calculate the current price of the unit trust
The population of village is 8125. Ifield the annual birth rate is 7 percent and death rate is 3 percent calculate the population after 2 years.
abbi invested 1,500 dollars in a certificate of deposit with a simple interest rate of 4 percent. find the interest earned in 6 years. then find the total of principal plus interest
An amount of $12,000 is invested at a simple interest rate of 2.15% for 3 years. What is the total investment after 3 years?
(a) What is the continuous percent growth rate for P=130e^0.07t , with time, t , in years? (b) Write this function in the form P=P0a^t. What is the annual percent growth rate? Round your answer to two decimal places. I tried it but now I'm just more
A sum of money would amount to Rs.6,200 in 2 years and Rs.7,400 in 3 years.The principal and rate of simple interest are:
On 2 November 2006, Romy saved RM 1,200 in an account that pay 8.6% per annum simple interest. Three years later, he added another RM 500 into the account. Find the amount in his account on 2 November 2012.
Q1)The length of time for $5000 to earn $1000 if invested at 10% per annum AND Q2)Khalid invests $6750 at 8.5% per annum.How much interest has he earned and what is the total amount in his account after 4 years? Umm thanks in advance and also pls show all
16.Peterson Electrical Supplies has generated a net income of $161,424 this year. The firm expects to see an annual growth of 30 percent for the next five years, followed by a growth rate of 15 percent for each of the next three years. What will be the
Find the difference between compound interest payable annually and half annually for a amount Rs 14000 at the rate 12% per annum for 2 years
You deposit $500 in an account that pays 3% annual interest. Find the balance after 2 years if the interst is compounded with the given frequency. a) annually b) quarterly c) daily
Assume venture Healthcare sold bonds that have a ten year maturity,a 12 percent coupon rate with annual payment,and a $1000 par value.Suppose that two years after the bonds were issued ,the required interest rate fell to 7 percent .what would be the bond
Calculate the simple interest for each situation. Which choices have a simple interest grater than $800. Select all that apply: $2,000 at 6% for 7 years $4,500 at 3% for 6 years $1,400 at 6% for 9 years $5,000 at 7% for 3 years $800 at 15% for 5 years I
1. Find the percent of increase from 9 to 72. Round your answer to the nearest tenth of a percent if necessary. 700% 87.5% 125% 114.2% 2. In 2004, Company A reported sales of $2 million. In 2005, the company had sales of $0.7 million. Find the percent of
Mrs Ricky borrowed $5,340 at a bank at 9.5% per annum simple interest for 5 years. (A) the sum of money paid in interest to the bank. (B) the total amount of money repaid to the bank. (C) the value of each monthly installment.
1. Mr. Thimbrel borrowed $5,600 from the bank at 8.5% per annum simple interest for 6 years. Calculate: a) The sum of money paid in interest to the bank. b) The total amount of money repaid to the bank. c) The value of each monthly installment
1.The value of an investment grows from R2200 to R3850 in 8 years. Determine the simple interest rate at which it was Invested. 2. James had R12000 and invested it for 5 years.If the value of his investment is R15600, what compound interest rate did it
You borrow $2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end of 4 years? So, do I draw out the formula I = P x R x T. I = Interest - unknown P = Principal - 2,000 R = Rate - 3%, 3 / 100 =
10000 for 1 year at 9%simple interest per annum.
What is the simple interest on Rs.4500 from January 5 to May 31 at 8% per annum?
Suppose you borrow $1,000 of principal that must be repaid at the end of two years, along with interest of 5 percent a year. If the annual inflation rate turns out to be 10 percent, (a) What is the real rate of interest on the loan? For this I got -5%. (b)
LeShana loaned Deena $480. Deena paid the money back with simple interest of 5% at the end of 2 years. How much money did Deena pay back?
If your bank pays 5.5 percent interest on savings deposits, what is the simple interest paid in the third year on an initial $100 deposit? What is the total amount in the account after three years? What is the amount after three years if the interest was
Deborah deposits $200 into an account that pays simple interest at the rate of 7%. How much will she have at the end of 4 months? a) Present Value with simple interest b) Future Value with simple interest c) Future Value with compound interest d) Simple
What simple interest rate is equivalent to a compound interest rate of 6% p.a. over 10 years correct to two decimal places?
4. a. Someone in the 36 percent tax bracket can earn 9 percent annually on her investments in a tax-exempt IRA account. What will be the value of a one-time $10,000 investment in 5 years? 10 years? 20 years? b. Suppose the preceding 9 percent return is
Arena Distributors is a new company and currently pays no dividends. The company has just reported earnings of $1.5 per share and its earnings are expected to grow at a 15 percent annual rate over the next four years. Following this four-year high growth
The sum required to earn a monthly interest of Rs.1200 at 18% per annum Simple Interset is:
what rate willl an amount double itself in 20 years at simple interest?
Find the rate at which #280 will earn #21.00 simple interest for 21/2 years
Find the simple interest of $3800 at an annual rate of 3.5% for 3 years.
p=3000 a=3180 plus 1yr simple interest rate=r tothe nearest tenth percent
A sum of money becomes 8/5 of itself in 5 years at certain rate of simple interest. Find the rate of interest.
9. Compute the present value of $4,000 paid in five years using the following discount rates: 10 percent in year 1, 2 percent in year 2, 12 percent in year 3, and 9 percent in years 4 and 5.
Phyllis invested 55000 dollars, a portion earning a simple interest rate of 4 percent per year and the rest earning a rate of 7 percent per year. After one year the total interest earned on these investments was 2830 dollars. How much money did she invest
Suppose you’ll have an annual nominal income of $40,000 for each of the next 3 years, and the inflation rate is 4 percent per year. Find the real value of your $40,000 salary for each of the next 3 years.
Pat deposits $600.00 in a saving accounts at a simple interest rate of 6% per year for five years. How much money will pat have earned in interest at the end of five years?
a sum of money doubles in 20 years on simple interest. it will triple at the same rate in ?
Sarah holds a bond for 5 years that has a 5.7% percent coupon rate and a $1000 par value. How much interest does Sarah earn in 4 years? A- $285 B- $82 C- $258 D- $228
How many years will it take for $2000 to double at a simple interest rate of 8%? Explain how you found your answer.
The product of the principal amount (P), rate of increase (R), and time in years (T) is the simple interest *
If a business borrows $18,000 and repays $20,700 in 3 years, what is the simple interest rate?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
shley is planning to attend college when she graduates from high school 7 years from now. She anticipates that she will need $10,000 at the beginning of each college year to pay for tuition and fees, and have some spending money. Ashley has made an
Question says " Find the accumulated amount at the end of 9 months on an $800 deposit in a bank pating simple interest at a rate of 6% year". I know that the simple interest formula is A=P (1+rt) With p being $800 and r being 0.06. I know that t is the
Steps of calculations that show the simple interest on a R5000 loan for 3 years at 9 percent interest
Find the simple interest earned on a deposit of $800 saved for three years at a rate of 4% per year.
First bank pays 7 percent simple interest on its investment accounts. If second bank pays interest on its accounts compounded annual, what rate should the bank set if it wants to match first bank over an investment horizon of 10 years?
Can you help me with this? I don't know how to figure it out. the population growing at an annual rate r will triple in a time t given by the formula t = ln 3/r If the growth rate remains constant and equals 9% per year, how long will it take the
Cathy makes a deposit of 4500 dollars into an account that pays 5.8 percent simple interest. How much is in the account 8 years later?
Suppose you were borrowing money to buy a car. Which of these situations would you prefer:The interest rate on your car loan is 20 percent and the inflation rate is 19 percent or the interest rate on your car loan is 5 percent and the inflation rate is 2
A bond has an average return of 6.8 percent and a standard deviation of 4.6 percent. What range of returns would you expect to see 68 percent of the time? a. 2.2 percent to 11.4 percent b. 4.6 percent to 11.4 percent c. 4.6 percent to 22.8 percent d. 11.4
The population of Las Vegas, Nevada in 2000 was 478,000 and is increasing at the rate of 6.28% per year. At this rate, when will the population reach 1 million people? a)1.51 years b)2.32 years c)12.12 years d)10.84 years
Yield to call Six years ago, the Singleton Company issued 20-year bonds with a 14 percent annual coupon rate at their $1,000 par value. The bonds had a 9 percent call premium, with 5 years of call protection. Today, Singleton called the bonds. Compute the
a=16,00, r=11.5%, t=5 years determine the present value, p, you must invest to have the future value, a, at simple interest rate r after time t. round uo to nearest cent
For a given interest rate, simple interest varies jointly as the principal and time. If $2000 left in an account for 6 years earned interest of $960, then how much interest would be earned in 7 years?
Find the SI on ₹8500 from 12th October in 1999to 6th March 2000 at 15 percent per annum
Calculate the length of time for 800,000to earn 15,000 if invested at 10 percent per annum.
calculate the compound interest on investing $600 for 2 years at 7% per annum
How much money must Andrea invest for 2 years in an account that earns an annual simple interest rate of 8% if she wants to earn $500 from the investment?
Based on simple interest, find the total amount saved or owed. principal = $1700; rate = 6%; time = 5 years
If a nurse deposits $2,000 today in a bank account and the interest is compounded annually at 10 percent, what will be the value of this investment: a. five years from now? B. ten years from now? C. fifteen years from now? D. twenty years from now?
Mrs. Renu wants to deposit a regular amount at the beginning of each quarter for 3 years. The bank pays interest @ 8% per annum. Find the quarterly deposits if Mrs. Renu will get Rs. 40000 at the end of 3 years.
Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to maturity, wheareas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 2 percent, the percentage change in
Upon amassing a fortune as a rock star, your uncle Zephaniah gives you $1 000 000. You decide to invest the whole lot into Canada Savings bonds (CSB's). The CSB's pay simple interest at a rate of 3.78% per year, and mature after fifteen years (that is, you

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent

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An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
An investor receives total of Rs. 5,700 per annum in interest from 3 stocks yielding 4 %, 5% and 8% per annum respectively. The amount at 4% is Rs. 20,000more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance over 15 years at 3.75 percent. What will be your monthly mortgage payment including principal and interest? $1,568.07 $1,333.33
the population growth of a city is modeled by P(t)=240,360e^.012t where t represents the number of years since 2000 a) what is the yearly growth rate as a percent? b) find the population in 2015 c) how long, to the nearest year, will it take to reach a
Erin Grabish recevied $2,000 for speaking at a financial planning seminar. Erin invested the money in a certificate of deposit for 2 years. When she redeemed the certificate of deposit, she received $2166. What simple interest rate did Erin receive on this
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Jan invested $1200 at a certain simple interest rate and $2200 at 3%higher. Her annual earnings were $253. Find the two interests rate if she earned $121 more on the larger investment than on the smaller.
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
The population of the town increase at the rate of 4 percent every year. If the present population of the town is 500000 ,compute the population of the town after 3 years.
how can i solve this?prepare 150ml of a 7.5%dextrose sol.you have D5%W and D10%W. how much of each sol. is needed? I assume the 7.5 dextrose is going to be on a w/w basis also. This is really simple, no algebra needed. Since 7.5 is halfway between 5 and
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account after 30 years if a. simple interest is compound monthly? b. interest is compounded monthly? c. interest is compounded daily?
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000
You want to have 1.5 million in real dollars in an account when you retire in 40 yeras. the nominal return on your investment is 11 percent and the inflation rate is 3.8 percent. What real amount must you deposit each year to achieve your goal? My answer
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3 months. The interest the
1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/192;40.1% C. x/77=100/192;77.3% D. x/100=192/77;249.4% 2.Of the 80 eigth-graders, 32 are going on the class retreat. What percnt of the eigth grade going on the retreat? A. 25% B. 55% C.
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
9. FIND THE EFFECTIVE RATE THAT IS EQUIVALENT TO: i) 4 1/2 percent compounded semi annually ii) 12 percent compounded daily
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100? What would be the diffrence in earnings between simple and compound interest on your $100 saving after five years? MY ANWER:
Assume the annual interest rate is 6%. Calculate value of investment that pays $100 every two years, starting 2 years from now and continuing forever?
You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fixed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years.
Find the simple interest. Round your answer to the nearest cent. Principal = $900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42
The Taylors have purchased a $290,000 house. They made an initial down payment of $10,000 and secured a mortgage with interest charged at the rate of 10%/year on the unpaid balance. Interest computations are made at the end of each month. If the loan is to
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited $800 (on 1st January 2011) in another account which pays 15% per annum effective interest. Find the time(n) when the two accounts
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
Which choice could be modeled by a linear function? A. The amount of money, y, in an account after x years earning 4% interest compounded annually B. The monthly cost, y, to use a cell phone for x minutes at a rate of 4 cents per minute C. the height, y,
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
A sum of $850 is invested for 10 years and the interest is compounded quarterly. There is $1100 in the account at the end of 10 years. What is the nominal annual rate?
Assuming that Switzerland's population is growing exponentially at a continuous rate of 0.21 percent a year and that the 1988 population was 6.8 million, write an expression for the population as a function of time in years. (Let t=0t=0 in 1988.) I got 6.8
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which
1. Write the fraction eight-ninths as a percent. Round to the nearest hundredth of a percent where necessary. (1 point) 88.89% 1.13% 44.44% 66.67% 2. Write the decimal 0.041 as a percent. (1 point) 41% 4.1% 410% 0.41% 3. Jerry sold start fraction 7 over 20
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
Katie invested a total of $6000 , part at 3 % simple interest and part at 4 % simple interest. At the end of 1 year, the investments had earned $214 interest. How much was invested at each rate?
Katie invested a total of $7,000, part at 2% simple interest, and part at 3% simple interest. At the end of 1 year, the investments earned, $184.00 interest. How much was invested at each rate?
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. 1.) How much money will be in the account after 3 years? 2.) How much money will
when hugo was 9 years old he was 56 inches tall. hugo is now 12 years old and he is 62 inches tall. fins the percent of increase in hugos height to the nearest tenth a customer earned 3262.50 interest on a 9-month cd. how much was the opening deposit total
The probability P, as a percent, that a certain computer keyboard in a public library will last more than t years can be approximated by P = 100e^−1.2t. After how many years will the probability of keyboard failure be 76%? Round to the nearest tenth.
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of depreciation, and t = time, in years. A car was purchased 6 years ago for $25,000. If the annual depreciation rate is 11%, which
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you invested? My answer:
A Man earns a salary of #2500 Per annum, If a rise of #500 is given at the end of the year, Find :(a) the total amount the man will earn in 18 years. (b) the amount the man will earn in the 20th year. Solve with an Arithmetic Progressions.
The half-life of radioactive strontium-90 is approximately 31 years. In 1960, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 11
Yumi's grandparents presented her with a gift of $22,000 when she was 9 years old to be used for her college education. Over the next 8 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and $370 a month in a bond account. The return of the stock account is expected to be 9.7 percent, and the bond account will pay 5.7
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $155 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20%
Which of the following is a simple sentence? A. Many are called, but few are chosen B. A penny saved is a penny earned C. Fools rush in where angels fear to tread D. If at first you don’t succeed, try, try again 2. Which of the following is a compound
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest, then the amount at the end of each year is 1.05 times the amount at the beginning of the year. Write a program to display the
Unauthorized Downloading: A Harris Interactive survey involved 1644 people between the ages of 8 years and 18 years. The accompanying table summarizes the results. Does this table describe a relative frequency distribution? Why or why not? Downloaded
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year? a. 10
1. The population,P, in thousands, of a country is P=10^8(1.5)^t/20 where t is measured in years. How long will it take for the population to increase 125 percent?(Hint: If the population increases by 100 percent, it doubles.) 2. How long would it take for
1. Which of the following statements represent EXPONENTIAL relationships? Check all that apply. a. The temperature is decreasing at the rate of 3°F per hour. b. The value of a car depreciates at a rate of 22% per year. c. The price of houses in this
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money
Nearly ________ of the heat produced in the body is the result of muscle contraction. A. 55 percent B. 65 percent C. 75 percent D. 85 percent D?
Please help with my word problems? Solve the problem. The rabbit population in a forest area grows at the rate of 6% monthly. If there are 260 rabbits in April, find how many rabbits (rounded to the nearest whole number) should be expected by next April.
the back-to-back stem-and-leaf plot below shows the ages of patients seen by two doctors in a family clinic one day. what is the difference between the age of the oldest patient seen by doctor 1 and the age of the oldest patient seen by doctor 2. AGE OF
If a tree is 10 feet tall after two years and 25 feet tall after 5 years, find the rate of change of growth of the tree if y is the height in feet and x is the number of years. Be sure to give correct units.
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial investment of annual
5 years from now a boy's age will be 2 time the square of what it was 5 years ago.how old is he now? a)15/2 years c)7 years b)3 years d) 8 years
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values. PresentValue Years Future Value $400 11 $684 $183 4 $249 $300 7 $300 Since you do not state otherwise, I am assuming that your interest
An investor has $ 500000 to spend. There investments are being considered, each having an expected annual interest rate. The interest rates are 15, 10 & 18 percent respectively. The investor`s goal is an average return of 15 percent in the three
A simple of radium weight 1000g. How long will it take to decay to 125g if its half life is 1620 years??
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
The half-life of radioactive strontium-90 is approximately 32 years. In 1961, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years does it take until only 8
how long does it take $450 to double at simple interest rate of 14%
Monosodium glutamate (MSG), a food-flavor enhancer, has been blamed for “Chinese Restaurant Syndrome,” the symptoms of which are headaches & chest pains. MSG has the following composition by mass: 35.51 percent C, 4.77 percent H, 37.85 percent O, 8.29
Ernie invested $5,000 in an account for 3 years at 4% interest compounded quarterly Inflation over the period averaged 2% per year. a. Calculate the value of the investment after 3 years b. find the real rate of return on the investment and subsequently
1. Find the amount and the compound interest on rs.12800 for 1 year at 15/2%p.a. Componded semi-annually. 2.find the amount and the compound interest on rs.24000 for 6 months if the interest is payable quarterly at the rate of 20 paise a rupee per annum.
Two years ago, you purchased a $18,000 car, putting $3,500 down and borrowing the rest. Your loan was a 48-month fixed rate loan at a stated rate of 6.0% per year. You paid a non-refundable application fee of $100 at that time in cash. Interest rates have
You need to have $50,000 at the end of 10 years. To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposit it in the bank. The bank pays 8 percent interest compounded annually for long-term
Identify the simple subject and simple predicate in each sentence. 1. The neurologice exam tested her Babinski reflex. Answer: simple subject: exam simple predicate: tested 2. There are children waiting in the lobby. Answer: simple subject: children simple
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the
Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How much interest will you earn during the 5 years? If you put $4000 each year into a savings account that pays interest at the rate
Find the simple interest of $500000 at an annual rate of 5.6% for 9 months.
Find the rate at which n280.00 will earn n21.00 simple interest
Complete the following table Growth rate is k, Doubling time is T Population Growth Rate Doubling time Country A 1.3% yr ? years Country B ? yr 33 years (Round doubling time to the nearest whole number and round growth rate to the nearest tenth.)
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Calculate the amount of money you'll have at the end of the indicated time period. You invest $4000 in an account that pays simple interest of 7% for 30 years.
A population is currently 400 and growing at a rate of 6% per year. (a) Write a formula for the population P as a function of time t in years: P(t)= 400(1+.06)^t (b) If the population continues this trend, what will it be in ten years? (Round off to the
You decide to borrow $28,000 to put in a new swimming pool. You obtain an interest-bearing loan for 30 years, making equal monthly payments. After how many years will the greatest amount of your payment be going toward principal? a. 5 years b. 29 years c.
General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the
A sample of an unknown biochemical compound is found to have a percent composition of 55.03 percent carbon, 5.54 percent hydrogen, 32.10 percent nitrogen and the balance oxygen. What is the simplest formula for this compound ? How do I do this?
Shane is thinking about apprenticing as a plumber and notes that master plumbers in his region of the country make about $55,000 a year starting out. However, salaries are expected to increase by about 10 percent over the next four years. How much
You take out a 30-year $100,000 mortgage loan with an APR of 6 percent and monthly payments. In 12 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? I am working this on the assumption that your
Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the following questions. (a) What
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each
If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $ 1 million?
) If an ocean is opening at a rate of 5 cm/year and it has been doing so at the same rate for 10 million years, approximately how wide is that ocean?
Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7% per anum for two years.calculate the amount he will receive at the end of the two year period
1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
Your client is 40 years old and she wants to begin saving for retirement, with the first payment to come one year from now. She can save 5000 per year; and you advise her to invest it in the stock market, Which you expect to provide and average 9% in the
One year the postage rate for sending 1 ounce of mail first class was increased from 25 cents to 29 cents. The percent of increase in the 29 cent postage rate was most nearly?
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years (except possibly the last year), and the annual interest rate r does not change in these n years. For example, if r = 10% and you
Solve. The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke^0.12t where k is a constant and t is the time in years. If the current population is 15,000, in how many years is the

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For your 21st birthday, your grandfather offers you a gift of $1000 today. However, you have the choice of waiting 3 years and receiving $1500 OR waiting 5 years and receiving $3000. If your money grows at a rate of 8 percent compounded annually, which
You want to save $200 a month for the next 24 years and hope to earn an average rate of return of 11 percent. How much more will you have at the end of the 24 years if you invest your money at the beginning of each month rather than the end of each month?
Audrey Sanborn has just arranged to purchase a $550,000 vacation home in the Bahamas with a 20 percent down payment. The mortgage has a 6.1 percent stated annual interest rate, compounded monthly, and calls for equal monthly payments over the next 30
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 8% per annum compounded monthly, how much does she need now to guarantee herself $300 every month for the next 25 years? Present Value = 900(1 - 1.0041666..)^-300)/.0041666... =
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years?
You are considering investing in a security that will pay you $1,000 in 30 years. If the appropriate discount rate is 10 percent, what is the present value of this investment?
Find the simple interest. $900 deposited at an interest rate of 3% for 5 years. $1,348 deposited at an interest rate of 2.5% for 18 months.
The populations, P, of six towns with time t in years are given by: I) P=1000(1.08)^t II) P= 600(1.12)^t III) P = 2500(0.9)^t IV) P=1200(1.185)^t V) P=800(0.78)^t VI) P=2000(0.99)^t a. Which towns are growing in size? Which are shrinking? b. Which town is
Data released by the Department of Education regarding the rate (percentage) of ninth-grade students that don't graduate showed that out of 50 states, 16 states had an increase in the dropout rate during the past 2 years. 18 states had a dropout
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Compound Interest Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
In how many years taka 1800 will become taka 2250 if the simple interest rate is 5%?
How long will it take for prices to double if the rate of inflation is 25% per annum
. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If each installmeny is double the preceding one, the value of first and last installments are??A person borrow $8000 at 2.76%
3. If a hospital received $25,000 in payments per year at the end of each year for the next six years from an uninsured patient who underwent an expensive operation, what would be the current value of these collection payments: (a) At a 5 percent rate of
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
You borrow $200. The simple interest rate is 12%. You pay off the loan after 2 years. How much doe you pay for the lone
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested
Heather deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 3 years?
Mary deposits $400 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 2 years?
Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
Tom deposits $800 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded continuously. Use a graph to find your answer. A. 1.85 years B. 1.93 years C. 18.48 years D. 18.83 years E. 19.80 years*
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
a student borrow $12000 at a simple interest rate 4.5% how much interest is owed at the end of 5 years what amount of money must be repaid
The chief financial officer of a home health agency needs to determine the present value of a $10,000 investment received at the end of year 10. What is the present value if the discount rate is: a. 6 percent? b. 9 percent? c. 12 percent? d. 15 percent?
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8�/1/2 � years
Please help me. 1. A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37 days from now. Needing cash to meet his expenses today, though, he signs a discount note at a credit union,
The area of a wetland drops by 1/4 every 8 years. What percent of its total area disappears after 40 years? Percent lost %?
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Can anyone help me witht his I am so lost. The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share,
If $3500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. a. 4 years b. 8 years c. 12 years
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same
Your company will generate $68,000 in an- nual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying? 2) Ruth
Please Help. I have worked and worked on this and just don't seem to undertand what I am suppose to do. Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $115 for a comforter. Misu Sheet wants to advertise the comforter as
Nico Trading corporation is considering issuing long-term debt. The debt would have a 30 year maturity an a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value. In addition, the firm
Reading Foods is interested in calculating its weighted average cost of capital (WACC). The company’s CFO has collected the following information: • The target capital structure consists of 40 percent debt and 60 percent common stock. • The company
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of
Hilaria borrwoed $11000 from her grandfather to pay for college. Five years later, she paid him back the $11000 plus $1650 interest. What was the rate of simple interest?
A radioactive substance decays so that after t years, the amount remaining, expressed as a percent of the original amount, is A(t)= 100(1. 2)^(-t). . a) What is the half-life for this substance? Round to 2 decimal places. b) Determine the rate of decay
For question 1-4 for the interest. All rates are annual interest rates. 1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t)=(.98)^t (b) Estimate the half-life of
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month. (a) How much do you have after t years. (b) How much do you have after 100 months
During exercise, the recommended maximum heart rate in beats per minute is modeled by the formula M=176-0.8A, where M is the maximum heart rate and A is the person’s age. Approximately, at what age would you have a recommended heart rate in beats per
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save ____________ CCU today.
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent?
The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted
A human-operated spaceship reaches the moon in 3 days. The moon is about 386,400 km from Earth. Mars, our closest planetary neighbor, is, at its closest, about 140 times farther away from us than the moon if Mars stays in place. Assuming a very simple
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
An employee started on a salary of £ 6,000 per annum and received a constant increment. If he earned a total of £ 32,400 by the end of five years, calculate his annual increment
Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover be?
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
find the interest paid on a loan $2,200 for three years at a simple interest rate of 9% per year what is the interest on the loan
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
For some constants A and B, the rate of production, R(t), of oil in a new oil well is modelled R(t)=A+Be^(-t)sin(2πt) where t is the time in years, A is the equilibrium rate, and B is the "variability" coefficient. Find the total amount of oil produces in
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six
23.You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent, how much will you have at the end of four years
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?
New project analysis You must evaluate a proposal to buy a new milling machine. The base price is $108,000, and shipping and installation costs would add another $12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much does she still owe at the end of 4 years?
A state's lottery winner is promised $200,000 a year for 3 years(starting at the end of the first year). Interes rate is annually 7 percent on its fund. How much is the present value of this lottery?
Suppose strontium-90 decays at a rate of 2 percent per year. (a) Write the fraction P of strontium remaining, as function of t, measured in years. (Assume that at time t=0 there is 100 % remaining.) Answer: P(t) = (b) Estimate the half-life of strontium.
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at
Sal Boxer divided a gift of $6000 into two different accounts. He placed $2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much
Question No 1: Sumi Inc. has policy of paying a Rs. 9 per share dividend every year. If this policy is to continue indefinitely, what will be the value of a share of stock at a 12% required rate of return? Rs. 30 Rs. 45 Rs. 60 Rs. 75 Question No: 2 The XYZ
Fergie has the choice between investing in a State of New York bond at 5.8 percent and a Surething bond at 9.2 percent. Assuming that both bonds have the same nontax characteristics and that Fergie has a 30 percent marginal tax rate, what interest rate
John Doe is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate. a. What is his after-tax yield (interest rate) on the bonds? b. Suppose Twin Cities Memorial Hospital has issued tax-exempt
Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. $400. B. $1,600. C. $160. D. $85. 10. Suppose a loan customer is considering two alternative $22,000 loans. Loan 1 requires payment of
Mr. Flores opened an account with a deposit of $5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was $6,500. What is the annual interest rate on this
Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!. A.$764 B.$52 *** C.$38 D.$75 ***
Twenty percent of a radioactive substance decays in ten years. By what percent does the substance decay each year?
Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional
A bond has a $l000 par value, l0 years to maturity, a 7 percent annual coupon, and sells for $985. a. What is its current yield? b. What is its yield to maturity c. Assuke that the yield to maturity remains constant for the next 3 years, what will the
A grocery store reduced the price of a loaf of bread from $3.30 to $3.25. Find the percent change (discount rate). Round to the nearest tenth of a percent.
All of the following statements about simple sentences are true except a. a simple sentence consists of a subject and a verb. b.a simple sentence may have two or more subjects. c.a simple sentence may have two or more verbs. d.a simple sentence may contain
The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11 You've just received anorder of silk flower
The marked price of a car is $49500. A person pays a deposit of 30% and interest at 12% per annum is charged on the outstanding balance. The total amount payable is to be paid in 2 1/2 years Calculate the amount paid each month and the hire purchase
The Human Resources Department of Apex Manufacturing Company wants a report that shows its employees the benefits of saving for retirement. Produce a report that shows 12 predicted retirement account values for each employee—the values if the employee
In the year 2005, a picture supposedly painted by a famous artist some time after 1815 but before 1865 contains 95 percent of its carbon-14 (half-life 5730 years). Approximately how old is the painting? In years
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of interest earned on the $8000
an inheritance will be 20000. the interest rate for the the time value of money is 7%. How much is the inheritance worth now, if it will be received a) in 5 years? b)in 10 years? c)in 20 years I know i'm supposed to use F=P(1+i)^n or P=F(1+i)^-n but I am
A certain radioactive material is known to decay at a rate proportional to the amount present. A block of this material originally having a mass of 100 grams is observed after 20 years to have a mass of only 80 grams. Find the half-life of this radioactive
A student finds the density of an ice cube to be 0.80g/cm3; it is actually 0.90 g/cm3. What is the percent deviation (percent error) in this calculation? (1)6 percent (2)11 percent (3)13 percent (4)88 percent (2)?
[Exponential growth & decay] The half-life of radioactive strontium-90 is approximately 29 years. In 1965, radioactive strontium-90 was released into the atmosphere during testing of nuclear weapons, and was absorbed into people's bones. How many years
Mrs. Hart, at age 65, can expect to live for 25 years. If she can invest at 5% per annum compounded monthly, how much does she need now to guarantee herself $900 every month for the next 25 years? math - Reiny, Friday, April 3, 2015 at 3:05pm Present Value
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 13 years to maturity. The Modigliani Company has a discount bond making semiannual payments. The bond pays a 6 percent