A machine costing RM100 000 depreciates RM10 000 for the first year,RM9 000 for the second year ,RM8 000 for third year and so on until its annual depreciation is zero.
Q: An amount of money was invested at simple interest amounts to ₱815 in 3 years and ₱854 in 4 years.…
A: here on using the formula Amount = principle + simple interest ,we will get the invested money
Q: how long does it take an account containing $8000 to be worth $15000 if the money is invested at 9%…
A:
Q: a) If a car depreciates at 15% per year, how long is it until it is worth half of its original…
A: a) Given that a car depreciates at 15% per year. To find the time when it is worth half of its…
Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…
A: Given query is to find the annual disposit.
Q: Ms. Jonas invested an amount of $13900 divided in two different investments A and B at the simple…
A: Let the investment A be x, then the investment B becomes $(13,900-x) as Mr. Jonas invested an amount…
Q: A new one-year membership at RecPIEX COSTS $160. A registration fee of $28 is paid up front, and the…
A:
Q: In April 2011, Consolidated Edison (ED) stock cost $50 per share and yielded 5% per year in…
A: Let there are x ED shares and y NGG shares.ED share and NGG share both costs $50 eachYou have…
Q: An individual wants to deposit $113000 into two investment accounts. One account pays 6% annual…
A:
Q: If Ben invests $ 4 000 at 4 % interest per year, how much additional money must he invest at 5 12 %…
A: Given thatBen invests $ 4 000 at 4 % interest per yearlet the amount invested at 512% per year=x…
Q: Marcy is working in a 2-year probationary period as a paralegal. She currently earns $28,970 a…
A: topic - percentage
Q: A man invested $20,000 into two accounts paying 5% and 10% simple interest per year. If his earned…
A: To find the investment in each account.
Q: A bank deposit paying simple interest grew from an initial amount of $1200 to $1290 in 3 months.…
A: According to question given that initial amount grew $1200To $1290 in 3 months.
Q: Taylor plans to borrow $4,500 from the bank to purchase a used vehicle. If he borrows the money at…
A:
Q: a bank deposit paying simple interest grew from an initial sum of 1000.00 to 1075.00 in 9 months.…
A: given data initial amount = 1000 simple interest = 75 time = 9 months formula for…
Q: Susie is paying $512.49 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…
A: Given: Month payment=$512.49 Mortgage=$150,000
Q: Fernando invested money in a 4-yr CD (certificate of deposit) that returned the equivalent of 3.4%…
A:
Q: A machine is valued at $10,000. If the depreciation at the end of each year is 40% of its value at…
A: Price at start of first year =$10000 depreciation every year = 40%
Q: A particular car is said to depreciate 15% each year. If the car new was valued at $20,000, what…
A:
Q: A job pays $30,000 for the first year with an annual increase of 4% per year beginning in the second…
A: Given data - first year salary -30,000 dollar, increment of 4% of every year. The above sum can be…
Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…
A: Use the given information and the formula for annual deposit, A=(FV*i)[(1+i)n]-1
Q: An executive invests $24,000, some at 6% and the rest at 4% annual interest. If he receives an…
A: To find: The amount invested in 6% rate of interest and 4% rate of interest. Given: Some of the…
Q: How much money will be in the account of Mr. Jinyoung Park at the end of three years, if he invested…
A: Given:- If invested ₱5,000 in an account paying 8% annually for three years To find:- How much money…
Q: Kachina Caron invested $1800 in a simple interest account and earned $36 in 3 months, what is the…
A:
Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…
A:
Q: A bank loaned out $120000 part of it at the rate of 8% per year and the rest at rate of 12% per…
A: topic - percentage
Q: sum of money to double itself in 12.1 years, what must be the rate of interest converted annually?…
A: Given query is to find the rate of interest to make the investment double In 12.1 years.
Q: The price of a new $20,000 car today is expected to increase at an average rate of $950 per year.…
A:
Q: Suppose that a particular TV depreciates 40% in value each year and has an original cost of $650. In…
A:
Q: How long will it take to pay off a debt of $3960 if $50 is paid off the first month, $60 is paid off…
A: Given, $50 is paid off in the first month, $60 is paid off in the second month, $70 is paid off in…
Q: Over a 35-year period, Person A earned an average of $20,000/year and Person B earned an average of…
A: Computing the amount the person pay in total over 35 years:Person A earned an average of $20,000 per…
Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…
A: Given, the cost price of the necklace is $259 the discount given on the necklace is $19
Q: A machine is valued at $10,000. If the depreciation at the end of each year is 20% of its value at…
A:
Q: For a sum of money to double itself in 12.1 years, what must be the rate of interest converted…
A: To find- For a sum of money to double itself in 12.1 years, what must be the rate of interest…
Q: If I have $500 in my account after 4 years of investing at 2.5% per year, how much money did I start…
A:
Q: Lucy deposits $8000 into an account that pays simple interest at a rate of 3% per year. How much…
A:
Q: An executive invests $22,000, some at 6% and the rest at 5% annual interest. If he receives an…
A: Let the investment at 6% = $xSo,Investment at 5% = $(22,000-x)Interest for 6% = $6x100Interest for…
Q: Suppose that a particular TV depreciates 40% in value each year and has an original cost of $650. In…
A:
Q: Melanie deposited $10,000 into an account at 5% compunded quarterly. Two years later, she deposits…
A: When the interest is compounded quarterly, Amount = P1+R/41004n Where P is principal value , R is…
Q: Starting on her 30th birthday, a woman will invest an amount every year on her birthday in an…
A:
Q: If $520 is invested for one year at 13% simple interest, how much interest is earned? The simple…
A: The objective of the question is determine the simple interest.
Q: A new car is purchased for \$41,000$41,000 and over time its value depreciates by one half every 3…
A:
Q: how long will it take his savings to grow to $46,000?
A: Given: Amount in the savings account=$11,000 Additional savings=$3,300 Interest rate=12% Formula…
Q: If you earn $9.10 per hour and you work a 37-hour week, what are your gross (before tax) earnings?
A: The amount earned per hour is $9.10. The total number of hours worked in a week is 37.
Q: if $230 is invested for one year at 5% interest rate, how much interest is earned
A: Given:$230 is invested for one year at 5% interest rate.
Q: If a new car costs $25,000 and depreciates at a rate of 16% per year, what will be the value of the…
A: We know that, if a depreciation of r% per year is applied over an amount P for n years, then the…
Q: A machine is valued at $10,000. If the depreciation at the end of each year is 10% of its value at…
A:
Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…
A: Giving the following information: FV= $80,000 Number of years= 17 Interest rate= 8%
Q: A car depreciates at the rate of 5% every year. If a car costs 650, 000 now, what is its value on…
A: We will solve the problem
Q: Every month, $40 is withdrawn from Tom's savings account to pay for his gym membership. He has…
A:
Step by step
Solved in 2 steps with 1 images