Bonus MET EQN Problems - Exam 1 - Spring 2024

If your credit card balance is $650 and the interest rate is 12% APR, then the credit card interest charge is Group of answer choices   A.$0.65 B.$65 C.$8.25 D.$6.50

O Odysseyware Ô https://sfdr.owschools.com/owsoo/studentAssignment/index?eh=65534403 San Felipe Der RIO CISD- IS JALYN GARCIA Odysseyware LEARN MESSAGE HELP SIGN OUT Assignment - 1. Credit Scores and Loans Attempt 1 of 1 ASSIGNMENTS COURSES SECTION 3 OF 4 QUESTION 6 OF 8 1 2 4 5 >> Match the option with the lowest monthly payment to highest monthly payment. $12,000 loan with 1% simple 1. lowest payment interest over 7 years $7,500 loan with 4% simple interest 2. second highest payment over 5 years $8,500 loan with 2% simple 3. third highest payment interest over 6 years $10,000 loan with 3% simple 4. fourth highest payment interest over 4 years 9:19 PM 后 ENG 2/4/2021 P Type here to search R

The two questions at the bottom

https://sfdr.owschools.com/owsoo/studentAssignment/index?eh=65534403 SSIGNMENTS Assignment - 1. Credit Scores and Loans Attempt 1 of 1 COURSES SECTION 3 OF 4 QUESTION 1 4 8 You get a personal loan of $5,000 with 12% simple interest too be paid over 30 months. What is your monthly payment? O $150.00 O $166.67 O $216.67 O $175.00 NEXT QUESTION O ASK FOR HELP TURN IT IN e to search Pause T H K B N M Alt Ct

me roll ck d tch PgUp Pause Break Westc Question 7) Annuities & Loans-worth 15% of the grade The following formulas will be helpful for the problems below, or you may use TVM Solver in your calculator: For annuities: A = nt PMT ((1- ((1 + 7) ¹² − 1) r n For loans: PMT= P(7) [1 − (1 + 7)"] -nt the st month Mr. Garcia would like to use an annuity with an APR of 11% compounded monthly to reach his retirement goal of $225,000 in 20 years. How much would he need to deposit monthly into this account to reach this goal? Suppose that you decide to borrow $30,000 for a new car. To finance the purchase, you will make regular monthly payments for five years. The loan has a 9% interest rate. What will your monthly payment be? Westchester Community College 5% of the gra the problems with an How m =&= no toom 000 for a years. Th >

Question

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Plcase view the following video before answering this question. Video Solution: 03.01-PRO05 Click here to access the TVM Factor Tabic Calculator Consider the following two cash flow series of payments: Series A is a geometric series increasing at a rate of 4.5% per year. The initial cash payment at the end of year 1 is $1,000. The payments occur annually for 5 years. Scries Bis a uniform series with payments of value X occurring annually at the end of years 1 through 5. You must make the payments in either Series A or Serics B.

Hello! This exercise is not graded, I just need to prepare for an exam & I need someone to help me with the formulas. I’m currently doing the odd numbers. Please help me do the even numbers. :( Thank you.

Please correct answer and don't use hand rating

Give answer within 45 min I will give you up vote

8) the math of interest. please indicate if you are unsure or totally sure about the answer

Company A 7/8/13/2 Company B 10/6/16/6 a. Calculate the single equivalent discount rate for each company? Note: Do not round intermediate calculations. Round your final answers to the nearest hundredth percent. b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice.

- please answer in excel and show work please The manager of Steve's Audio has approved Daisy's application for 24 months of credit with maximum monthly payments of $65. If the annual percentage rate (APR) is 15.8 percent, what is the maximum initial purchase that Daisy can buy on credit? Multiple Choice $1538.25 $1,330.12 $ 890.99 $980.99 $1, 434.67

Question a  Suppose you deposit $1,117.00 into an account today that earns 12.00%. It will take _ _ years for the account to be worth $2,819.00.   Full explain this question and text typing work only     We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line

If a credit card you are interested in has an APR of 21%, what would the Daily Periodic Rate (DPR) be? (choose all that are correct) 0.0575% ☐.0575 0.000575 5.75% 5.75 21%

Subject: accounting

Question A    .How do you calculate the APR given the following parameters: A cash advance on a credit card of $100, with a $5 processing fee up front, and 25% interest on the cash advance balance with monthly compounding. To be paid back over 12 monthly payments of an equal amount as an ordinary annuity.  Full explain this question and text typing work only     We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line

Calculate average daily balance: (Round your answer to the nearest cent.)   29 Day Billing Cycle  9/6 Balance $600 9/18 Payment $200 9/24 Charge $300 Average daily balance

The Elberta Fruit Farm of Ontario has always hired transient workers to pick its annual cherry crop. Janessa Wright, the farm manager, just received information on a cherry picking machine that is being purchased by many fruit farms. The machine is a motorized device that shakes the cherry tree, causing the cherries to fall onto plastic tarps that funnel the cherries into bins. Ms. Wright has gathered the following information to decide whether a cherry picker would be a profitable investment for the Elberta Fruit Farm: a. Currently, the farm is paying an average of $250,000 per year to transient workers to pick the cherries. b. The cherry picker would cost $540,000. It would be depreciated using the straight-line method and it would have no salvage value at the end of its 5-year useful life. c. Annual out-of-pocket costs associated with the cherry picker would be: cost of an operator and an assistant, $80,000 insurance, $4,000; fuel, $12,000, and a maintenance contract. $15,000. Click…

pls solve this ques in 10-15 minutes I'll give you multiple upvotes.

Please answer quickly and correctly Part c Determine the PW of the constant dollar amounts. $

whats the answer to number 2?

LATION Saved V Mailings Review View Help Grammarly lity: Investigate O Search (Alt+Q) The balance on a credit card, that charges a 10.5% APR interest rate, over a 1 month period is given in the following table: I Days 1-5: $200 (initial balance) Days 6-20: $350 ($150 purchase) Days 21-30: $150 ($200 payment) What is the finance charge, on the average daily balance, for this card over this 1 month period? finance charge = $ [?] Round to the nearest hundredth. DELL Enter

Update Saved Help Save & Exit Submit Loans are evaluated in a two-step process with two resources. The processing times for the resources are 180 seconds and 99 seconds. Instruction: Do not round intermediate calculations. Round your answer to two decimal places. How long does it take 7 loans to be evaluated (in seconds)? 00:11:27 seconds 00