Find the amount of discount and the sale price. Original Price $396.50 Sale Price Discount Rate...
A 3-month $25,000 treasury bill with a simple annual discount rate of 0.25% was sold in 2016. Assume 365 days in a year. (a) Find the price of the treasury bill (T-bill). (b) Find the actual interest rate paid by the Treasury. (a) The price of the T-bill was $] (Round to the nearest cent as needed.) A 6-month $20,500 treasury bill with a simple annual discount rate of 0.44% was sold in 2016. Assume 365 days in a year....
1. Calculate the markdown rate on the following. Round percents to the nearest whole percent. Original Selling Price Sale Price Markdown Rate $85.95 $71.00 % 2. Calculate the markdown rate on the following. Round percents to the nearest whole percent. Original Selling Price Sale Price Markdown Rate $46.00 $32.00 % 3. Calculate the markdown rate of the following. Round percents to the nearest whole percent. Original Selling Price Sale Price Markdown Rate $124.25 $98.40 % 4. Calculate the markdown rate...
d Solve. See Example 6 19. Find the original price of a pair of shoes if the sale price is $78 after a 25% discount 20. Find the original price of a popular pair of shoes if the increased price is $80 after a 25% increase. Find last year's salary if, after a 4% pay raise, this year's salary is $44,200. 021. Find last year's salary if, after a 3% pay raise, this year's salary is $55,620. 22. Solve. For...
Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $9411.44 at 3.3% compounded annually for 4 years The present value is $ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $5600 at 4% compounded quarterly for...
Find the present value for the amount given in the table. Time Amount $6809.24 Nominal Rate 4.4% Frequency of Conversion annually 11 years The present value is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the present value for the amount given in the table. Amount $7178.41 Nominal Rate 6.1% Frequency of Conversion semi-annually Time 7 years The present value is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
Large fluffy towels were on sale at a discount of 30%. If the sale price was $8.40, what was the original price? $12.00 $28.00 O $252.00 O $2.52 Previous Next
The list price is $65.64 and the Discount rate is 12.5%. What is the Discount Amount ($) and the Net price ($) ?
For the following amount at the given interest rate compounded continuously, find (a) the future value after 5 years, (b) the interest earned, and (c) the time to reach $17,000. $5300 at 3.6% a. The future value after 5 years is approximately $. (Do not round until the final answer. Then round to the nearest cent as needed.) b. The interest earned is. (Do not round until the final answer. Then round to the nearest cent as needed.) c. The...
Find the missing interest earned. Principal Rate Compounded | Time Final Amount Compound Interest $12256 % quarterly 5 years $1649.90 The amount of compound interest earned is $|| (Round to the nearest cent as needed)