Linda Baer has already saved $ 4,624 to buy a used vehicle. Ignoring taxes and assuming...
Linda Baer has already saved $ 4,624 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market account earning 5 percent compounded annually, how long will it take to buy a car that costs $ 7,173?
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Linda Baer has already saved $ 4,624 to buy a used vehicle.
Ignoring taxes and assuming...
You have already saved $6775 to buy a used car. You invest this money in a...
You have already saved $6775 to buy a used car. You invest this money in a certificate of deposit earning 0.95% APR compounded monthly. How many years will it take your account to reach your target of $7025 in order to buy the new car?
You have already saved $7000 to buy a used car. You invest this money in a...
You have already saved $7000 to buy a used car. You invest this money in a certificate of deposit earning 0.65% APR compounded monthly. How many years will it take your account to reach your target of $7425 in order to buy the new car?
a) Gregg just turned 22 and wants to have $10,283 saved in 8 years by his...
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Julie would like to buy a house for $175,000. She has saved $10,000. She believes in...
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You have saved $1,200 for a used motorcycle that has a current price of $1,500. If...
You have saved $1,200 for a used motorcycle that has a current price of $1,500. If your money is sitting in an account earning 2.50% per year, how long will it take for this account to grow to $1,500? Note: The motorcycle's price may have changed by the time your account reaches a value of $1,500. A) 9.04 months B) 9.04 years C) 4.25 years D) 4.25 months
22.) A credit card has a stated interest rate of 13.3 percent. What is the APR...
22.) A credit card has a stated interest rate of 13.3 percent. What is the APR if interest is compounded monthly? Charming Charlies charges a daily rate of 0.03 percent (.03% or .0003) on its store credit cards. What interest rate is the company required by law to report to potential customers? Charming Charlies charges a daily rate of 0.03 percent (.03% or .0003) on its store credit cards. What is the effective annual rate it charges its customers? Curtis...
Sam is trying to save money to buy a new $8,500 smartphone. Sam has $5,800 that...
Sam is trying to save money to buy a new $8,500 smartphone. Sam has $5,800 that can be invested at either Bank A or Bank B. Bank A pays monthly interest of 0.65 percent, compounded monthly on its account. Bank B pays 8 percent simple interest on its account. (a)How long does it take for having enough money for buying Sam’s smartphone at Bank A and Bank B respectively? (b)Based on your answer in part (a), which bank should Sam...
FINITE MATH Please show work , I’ve already have the basic fundamentals on how to do...
FINITE MATH
Please show work , I’ve already have the basic fundamentals on
how to do this , so there is no need to write what you are doing, i
just need help solving it so I can study . Best regards !
LONE STAR COLLEGE UNIVERSETY PARK Prof. Ivan Ramos-Medina Final Test Review Math 1324 Finite Math Solve the following exercises of Simple Interest using the formula 1. A - P(1+rt). Maria is planning to buy a used car....
ANSWER PART (E) ONLY! Ivana has just moved to Edmonton to take up a position in...
ANSWER PART (E) ONLY! Ivana has just moved to Edmonton to take up a position in the provincial government, earning $72,000 a year. Edmonton is a big city, so she has decided to lease a car, as well as buy a downtown condo. She has saved some money living at home with her parents up until now. But Ivana is a bit worried about her financial affairs as she has always had trouble managing money. For example, her last credit...
Stephanie recently received an offer for a job that will pay her $70,000 a year (before...
Stephanie recently received an offer for a job that will pay her $70,000 a year (before taxes). She knows that she'd like to be able to buy a new vehicle within a few years after graduating this upcoming spring. Here's some more information about Stephanie's goal: She anticipates $70,000 a year as an annual pre-tax salary (with $4,500 a month post-tax) $30,000 owed in student loans when she graduates, with a $200 monthly payment $5,000 in her savings account, which...
You have already saved $6775 to buy a used car. You invest this money in a certificate of deposit earning 0.95% APR compounded monthly. How many years will it take your account to reach your target of $7025 in order to buy the new car?
You have already saved $7000 to buy a used car. You invest this money in a certificate of deposit earning 0.65% APR compounded monthly. How many years will it take your account to reach your target of $7425 in order to buy the new car?
FINITE MATH
Please show work , I’ve already have the basic fundamentals on
how to do this , so there is no need to write what you are doing, i
just need help solving it so I can study . Best regards !
LONE STAR COLLEGE UNIVERSETY PARK Prof. Ivan Ramos-Medina Final Test Review Math 1324 Finite Math Solve the following exercises of Simple Interest using the formula 1. A - P(1+rt). Maria is planning to buy a used car....
Stephanie recently received an offer for a job that will pay her $70,000 a year (before taxes). She knows that she'd like to be able to buy a new vehicle within a few years after graduating this upcoming spring. Here's some more information about Stephanie's goal: She anticipates $70,000 a year as an annual pre-tax salary (with $4,500 a month post-tax) $30,000 owed in student loans when she graduates, with a $200 monthly payment $5,000 in her savings account, which...
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