#43answer is 95,132.28 a learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com+Bb1 Yuzu Reader: CUSTOM: San Jacinto College Central SPCH 1321 Business & Professional Speech Communic.b My Questions | bartlebyhttps://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5d44406cac91b/274716827?X-BI.37) The demand function for a certain commodity is given by the function p = 100e-q/2. (p isthe price per unit and q is the number of units.) At what price per unit will the quantitydemanded equal 8 units? (Round your answer to the nearest cent.)37)Solve the problem. Round to the nearest cent.38) $3180 is invest for 9 months at an annual simple interest rate of 7%. How much interest38)will be earned?39) What lump sum do parents need to deposit in an account earning 7%, compoundedmonthly, so that it will grow to $100000 for their son's college tuition in 15 years? (Roundyour answer to the nearest cent.)39)40) What is the compound interest if $460 is invested for 5 years at 8% compoundedcontinuously? (Round your answer to the nearest cent.)40)41) Find the future value of an annuity of $1300 paid at the end of each year for 10 years, ifinterest is earned at a rate of 6%, compounded annually. (Round your answer to thenearest cent.)41)42) The Weidmans want to save $35,000 in 4 years for a down payment on a house. If theymake monthly deposits in an account paying 12%, compounded monthly, what is the sizeof the payments that are required to meet their goal? (Round your answer to the nearestcent.)42)43) Find the present value of an annuity of $7000 paid at the end of each 6-month period for10 years if the interest rate is 8%, compounded semiannually. (Round your answer to thenearest cent.)43)44) Suppose a state lottery prize of $2 million is to be paid in 10 payments of $200,000 each atthe end of each of the next 10 years. If money is worth 11%, compounded annually, whatis the present value of the prize? (Round your answer to the nearest cent.)44)45) A man buys a car for $34,000. If the interest rate on the loan is 12%, compounded monthly,45)1'C1CacooC

Question

#43answer is 95,132.28 < >a learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com+Bb1 Yuzu Reader: CUSTOM: San Jacinto College Central SPCH 1321 Business & Professional Speech Communic.b My Questions | bartlebyhttps://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5d44406cac91b/274716827?X-BI.37) The demand function for a certain commodity is given by the function p = 100e-q/2. (p isthe price per unit and q is the number of units.) At what price per unit will the quantitydemanded equal 8 units? (Round your answer to the nearest cent.)37)Solve the problem. Round to the nearest cent.38) $3180 is invest for 9 months at an annual simple interest rate of 7%. How much interest38)will be earned?39) What lump sum do parents need to deposit in an account earning 7%, compoundedmonthly, so that it will grow to $100000 for their son's college tuition in 15 years? (Roundyour answer to the nearest cent.)39)40) What is the compound interest if $460 is invested for 5 years at 8% compoundedcontinuously? (Round your answer to the nearest cent.)40)41) Find the future value of an annuity of $1300 paid at the end of each year for 10 years, ifinterest is earned at a rate of 6%, compounded annually. (Round your answer to thenearest cent.)41)42) The Weidmans want to save $35,000 in 4 years for a down payment on a house. If theymake monthly deposits in an account paying 12%, compounded monthly, what is the sizeof the payments that are required to meet their goal? (Round your answer to the nearestcent.)42)43) Find the present value of an annuity of $7000 paid at the end of each 6-month period for10 years if the interest rate is 8%, compounded semiannually. (Round your answer to thenearest cent.)43)44) Suppose a state lottery prize of $2 million is to be paid in 10 payments of $200,000 each atthe end of each of the next 10 years. If money is worth 11%, compounded annually, whatis the present value of the prize? (Round your answer to the nearest cent.)44)45) A man buys a car for $34,000. If the interest rate on the loan is 12%, compounded monthly,45)1'C1CacooC

Accepted Answer

From the given information, the value of P=$7,000, rate is r=8%, time period t=10 years, interest is…

43) Find the present value of an annuity of $7000 paid at the end of each 6-month period for 10 years if the interest rate is 8%, compounded semiannually. (Round your answer to the nearest cent.)