A construction company contracted for OMR 144000 to complete a building in a certain date, with a penalty of a discount 2% of the contracted amount for each week of delay, What is the amount received by the company if it completed the building 9 weeks late? (Write only the number) Answer:

Q: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 7% interest.a) How…

A: According to the given information:Amount earned after retirement PN=$300,000Time (n) = 20yearsRate…

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A: A bank requires a monthly payment of $47.07 on a $2900 loan. At the same rate, To find the monthly…

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A: Here, given that you want $500,000 for retirement in 30 years. Your account earns 6%  interest,

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A: Given: Formula used for simple interest:

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A: Question is related to interest.

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A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

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Q: ow much interest will you have to pay f nual rate is charged7

A: Given,  The interest is calculated for 1 month of the sum owned of $ 592 at 21% annual rate.

Q: Raia purchases a finances it with a at a rate of 4.25% car payments?

A:

Q: The monthly payments on a 10-year loan of $20,000 at 6.6% interest are $228.11. (a) What is the…

A: It is given that, the monthly payments on a 10-year loan of $20,000 at 6.6% interest are $228.11.…

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A: Given that, Amount P= 6000 Annual interest Rate,  R= 7% Interes, S.I = 2520 We've to find time n.

Q: Suppose you want to have $500,000 for retirement in 35 years. Your account earns 9% interest.a) How…

A: (a)Given:

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Q: Your colleague promises to pay you interest of 1.5%. You start by giving your colleague $400 to…

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A: This type of word problem can be solved by using the four step strategy, which are mentioned below.…

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Q: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 5% interest. a) How…

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Q: A farmer purchased 225 acres of land for $4,300/acre. He paid 25% down and obtained a loan for the…

A: This is compound interest problem

Q: A loan of $2000 was made at 5.5% for four months.

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A: Simple Interest Equation : A = P 1+r·t where A is the final amount P is the initial amount r is the…

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A: Explanation and solutions is given below....

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Q: Suppose you want to have $800,000 for retirement in 25 years. Your account earns 8% interest. a) How…

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Q: If Rita receives $45.54 interest for a deposit earning 4% simple interest for 80 days, what is the…

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Q: John opened a savings account with $900 and was payed simple intrest at an anual rate of 5%. When…

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