A loan shark has offered to loan you $384,900.00 today so that you can afford the house of your dreams. The only catch is that he wants you to repay him $568,700.00 exactly 4.00 years from today. You are very tempted as you want the house really badly. What is the rate of interest on the Shark’s loan?
Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
A loan shark has offered to loan you $384,900.00 today so that you can afford the...
A loan shark has offered to loan you $375,200.00 today so that you can afford the house of your dreams. The only catch is that he wants you to repay him $619,400.00 exactly 4.00 years from today. You are very tempted as you want the house really badly. What is the rate of interest on the Shark’s loan?
A loan shark has offered to loan you $311,600.00 today so that you can afford the house of your dreams. The only catch is that he wants you to repay him $574,800.00 exactly 5.00 years from today. You are very tempted as you want the house really badly. What is the rate of interest on the Shark’s loan?
A loan shark has offered to loan you $348,100.00 today so that you can afford the house of your dreams. The only catch is that he wants you to repay him $518,300.00 exactly 4.00 years from today. You are very tempted as you want the house really badly. What is the rate of interest on the Shark’s loan? A couple with a new baby girl want to set aside money today that will cover her four years of college. This...
A loan shark offers to give you $5,909.00 today, but, in exchange, he wants you to pay him $7,868.00 in one year. What is the rate of interest being charged on the account? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Suppose you deposit $2,655.00 into an account today. In 10.00 years the account is worth $3,994.00. The account earned ____% per year. Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
#7 Suppose you deposit $2,788.00 into an account today. In 5.00 years the account is worth $3,985.00. The account earned__% per year. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)
Suppose you deposit $2,368.00 into an account today. In 7.00 years the account is worth $3,988.00. The account earned% per year. Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Enter Answer Here... Submit Answer
MITSWEI TOITlal. Lurrency. Round 10. Z decimai places. Suppose you deposit $2,016.00 into an account today. In 14.00 years the account is worth $3,872.00. The account earned % per year. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Derek can deposit $16,687.00 on each birthday beginning with his 27.00th and ending with his 65.00th. What will the rate on the retirement account need to be for him to have $3,820,494.00 in it when he retires? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Please show all steps or what to put into the financial calculator (not excel)
Derek can deposit $11,000 on each birthday beginning with his 26th and ending with his 65th. What will the rate on the retirement account need to be for him to have $3.000.000 in it when he retires on his 65th birthday? Submit not submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 4 decimal places (Example: 9.2434% % sign required Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Derek can deposit $13,535.00 on each birthday beginning with...