A store shows a net profit of $65,250 for the year. If the store profit increases by 3.75% per year for the next 15 years what will the net profit be at that point?

Q: How much interest will you earn if you invest $5400 for 3 years at a simple interest rate of 4%…

A: We can solve this using simple interest formula S.I.= (P*R*T)/100

Q: Complete the table for a savings account subject to continuous compounding (A Pe"). Amount Annual…

A:

Q: f you invest $9,000 in an account that earns an APR of 3% simple interest, what will be the account…

A: for simple interest  P = $ 9000 r = 3% = 0.03 t = 10 years

Q: Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not…

A:

Q: Researchers find that there are 100 raccoons on an island. When they return a year later, they find…

A: According to our company guidelines we are supposed to answer only one question since you have asked…

Q: A car purchased for $25,700 depreciates at a constant rate of 3% each year. How long will it take…

A: given P=25700r=-3%=-3100=-0.03 (-ve sign because of depreciates)A=P(1+r)t A=25700(1-0.03)t…

Q: How much interest will you earn if you invest $5100 for 4 years at a simple interest rate of 6%…

A:

Q: After several years of working, Katy saved $125,000. If she invests that $125,000 in a savings fund…

A: Given: Initial amount = P = 125000 Interest rate = r = 4% = 0.04 Time = t = 15 years To find: Final…

Q: A company is expected to result 600$ savings annually for the 5 years, if the rate of interest is 7%…

A: To find- A company is expected to result 600$ savings annually for the 5 years, if the rate of…

Q: How many years are required for your money to triple if it is invested at 9% compounded? a. annually…

A:

Q: If changing market conditions cause a company earning $7,000,000 in 2015 to project a loss of 1% of…

A:

Q: If prices increase at a monthly rate of 1.96%, by what percentage do they increase in a​ year

A:

Q: If changing market conditions cause a company earning $12,000,000 in 2018 to project a loss of 2% of…

A: Given that the company earning in 2018 = $12,000,000 There is a loss of 2% of its profit each year…

Q: After several years of working, Katy has savings of $100,000. If she invests that $100,000 in a…

A: Consider the provided question, Given Principal = $100,000 Time = 20 years Rate of interest = 5%

Q: Suppose the value of your car is decreasing by 18% per year. If your car is currently worth $20,000.…

A:

Q: you invest 5,000 in an account that earns an apr of 3 percent with quarterly compounding what will…

A: Principal amount = P = 5000

Q: An investment income of $50,000 increases at a rate of 8.3% per year. Find the value of the…

A: Given query is to find the value of the investment after 20 years.

Q: Stacy took out a $48,000 student loan with a fixed interest rate to pay for college. Stacy did not…

A: Given data: The given initial amount is A=$48,000. The resulting loan balance is B=$75,000. The…

Q: 2. How many years will it take for an investment to double in value if it earns 5% compounded…

A: Interest compounded annually is calculated by the formulas, A=P1+r100t…

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: If changing market conditions cause a company earning $12,000,000 in 2018 to project a loss of 2% of…

A:

Q: How long will it take money to triple if it invested at the following rates 5.2% compund weekly…

A: Q

Q: Francine currently has $65,000 in her 401k account at work, and plans to contribute $6,000 each year…

A: Given,  Francine currently has $ 65000 in her account  and plans to contribute $ 6000 each year for…

Q: Mika's parents want to have enough saved to give her $15 000 a year - for 4 years of college. They…

A: Mika's parents want to give $15000 per year for 4 years of college. Therefore they want to give…

Q: A family has $16,000 saved for college tuition. They will need $64,000 for college expenses fifteen…

A:

Q: Suppose you want to have $400,000 for retirement in 35 years. Your account earns 5% interest. how…

A:

Q: Matilda and Horace open a retirement account with $120,000. How many years will it take for the…

A: Find the time taken for the amount $120,000 to grow to $800,000 if it grows at a rate of 4.5%…

Q: A Jacket priced at 50% is placed on sale at a discount of 20%. If the discounted price is then…

A:

Q: A jet ski that costs $13,200 when new will have no salvage value after 6 years. Find its annual rate…

A: A jet ski that costs $13,200 when new will have no salvage value after 6 years.   Formula: Rate of…

Q: After how many months will the account be worth $60,000

A:

Q: Ms. Roberts decided to invest some money in an insurance company with an interest rate of 9%…

A: Given that interest rate is 9%. The formula for calculating compound interest is given by, A= P(1+…

Q: A new car is purchased for $50, 000 and over time its value depreciates by one half every 5 years.…

A: The initial value of the car is 50,000 After 5 years the car value is depreciated by one half so…

Q: an

A: Given that : Accounting pay = 7% In-order to calculate the future value factor formula = (1 +…

Q: . An investment account is worth $1000 on January 1, 2020. X months before the end of 2020, the…

A:

Q: Find the rate of interest if N2,800 gains N600 in 5 years

A:

Q: If you make an investment of $2000 and the investment earns a continuous annual interest rate of…

A: If you make an investment of $2000 and the investment earns a continuous annual interest rate of…

Q: How long will an amount of money double at a simple interest rate for 2% per annum? years

A:

Q: Given the principal of $5000 and an investment that pays 8% interest, compounded monthly. How much…

A: Consider the given information.   The principal amount is $5000 at the rate of 8% and invested for 7…

Q: In a certain region, the number of highway accidents increased by 20% over a four year period. How…

A: In 2002, the number of accidents were 5120.To find the number of accidents in 2006

Q: In 1998 the annual cost of attending a public college was $10,069, and the costs were climbing by 6%…

A:

Q: Approximately how long it would take an investment of 5,000 to double with an interest rate of 3.5%

A: Given that, Investment or principal (P) = 5000 Rate of interest (r) = 3.5% Amount (A) = 2 x 5000 =…

Q: QUESTION 6 Katie owns a home valued at $129,900 in Syracuse, NY In 2017. Katie paid $2,254 in school…

A:

Q: An investment of $3000 increases at a rate of 3% per year What is the value of the investment after…

A: Topic = Algebra The value of the investment after 30 years is $5700.

Q: If the value of a stock depreciates at 3% a year, what will a $100 investment be worth in 20 years?

A: Given : Initial investment = $100, rate of depreciation = 3% and time = 20 years

Q: if changing market condition cause a company earning 8000000 in 2005 to project a loss of 2 percent…

A: Given that, the earning in 2005 is 80,00,000 and each of the next 5 year the loss is 2% of its…

Q: How long would it take to double your money in an account paying 6% compounded quarterly?…

A: Use the following formula to calculate amount, as follows: A=P1+r100n

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

A:

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 an amount of money double at a simple interest rate for 10% per annum? years

A: How long will an amount of money double at a simple interest rate for 10% per annum?

Q: A jet ski that cost $14,600 when new will have no salvage value after 5 years. Find its annual rate…

A: Annual rate of depreciation can be calculated using straight line depreciation. Annual rate of…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.