Question7 a.what is the annual rate ? R= ___ b. What is the correct answer from part A written in percentage form ?  r=_____% c. What will the value be in the year 2008? value $= ____

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Q: or which year, the percent increase of gold reserves over the previous year is the highest? a)…

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Q: There is much folklore regarding the purchase of an island in 1626 from a Native American tribe.​…

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A: GIVEN: annual rate = 3.8% amount = $2000

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Q: 1. Gwen has saved $3,500 and wants to deposit it into a savings account that egrns 4% annual…

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Q: mpounded quarterly. years.

A: Initial investment =$5000Final amount =$8900.Rate of interest =7.5%Compounded quarterly.

Q: Question 8 You have $68,000 that will be invested in a Mutual fund that averages 5.3% annual rate of…

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Q: Suppose you want to have $600,000 for retirement in 20 years. Your account earns 9% interest. How…

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Q: Question 2 The cash price for a bike is $240. Peter bought it on payment plan over a one year…

A: From the given information we find the solution.

Q: 10% compounded every 2 months for 6 years. a) what is the annual interest rate as a decimal? b)…

A: A) 10% compounded every 2months so the annual interest rate must be 6*10 = 60%  since there are 12…

Q: Page 349use ths page to Save proyer Enrique borrowed $23,500 to buy a car. He pays his uncle 2%…

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Q: QUESTION 2 Mei has taken out a $95,000 mortgage that has an interest rate of 4.7%. If the loan is…

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Q: Find the final amount of money in an account if $1, 500 is deposited at 3 % interest compounded…

A: Given: P = 1500 r = 3% = 3/100 = 0.03 t = 5  Compounded weekly , which means n = 52  Now, We find…

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Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A: P = $ 5500 APR = 0.054

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Q: Stocks in a certain industry depreciated by 5.9% in the first 5 months of 1993. Assuming that this…

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Q: QUESTION 1 If $7,000 is borrowed for 6 years at an annual simple interest rate of 8%, find the…

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Q: A bank features a savings account that has an annual percentage rate of 2.2 % with interest…

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Q: fou deposit $5000 in an account earning 6% interest compounded monthly. How much will you nave in…

A: Given P=$5000Rate of interest=6%Time=10 yearsWe know that compounded monthly then A=P(1+R100*12)12t

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Q: 1981-82 1982-83 1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 For which year, the percent increase…

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A: Given the Principal amount, P=$7604. Rate of interest,  r=2%=0.02 Period=10 years.

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Q: Find the final amount of money in an account if $1, 900 is deposited at 3.5 % interest compounded…

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Q: A bank features a savings account that has an annual percentage rate of 5 % with interest compounded…

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Q: 20 Assessment/Application: II. answer sheet. Principal Rate Туpe of Year 1 Year 2 No. Amount per…

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Q: You find that the going rate for a home mortgage with a term of 30 years is 7% APR. The lending…

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Q: Question 20. Find the balance on an account if you invest $ 1,558 at 3.7% for 13 years using simple…

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Q: Use the CPI provided in the table below for the following question. Year CPI Year CPI 2002 100.0…

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Q: A Paasche price index for each year

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Q: 1) Patsy Bryan deposits $1,500 in a savings account at Carson Savings Bank. The account pays an…

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Q: a's father is planning to open a savings account to pay for Amelia's college education. He has found…

A: Given query is to find the value of deposited amount.