During 2008 the S&P 500 index, depreciated by 37.6%. Assuming that this trend had continued, how much would a $3,000 investment in an S&P index fund have been woth after 3 years ?

Q: In 1983 the average tuition for one year at an Ivy League school was $11,800. Thirty years later, in…

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Q: Today, a typical family of four spends $897.20/month for food.† If inflation occurs at the rate of…

A: Today, a typical family of four spends $897.20/month on food. If inflation occurs at the rate of…

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: What is the overall rate of return on a $190,000 investment that returns 17% on the first $60,000…

A: Given $190000 Investment that return 17% on the first $60000 and 14% on the remaining money?

Q: A recent college graduate moves back in with their parents and invests their entire first-year…

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Q: over a recent 4-day period, the number of commercial flights decreased by 7.36%. Assuming this trend…

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Q: What is the rate on an investment that doubles $9916 in 20 years? Interest is compounded quarterly.

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Q: In 2000, the total amount of a certain bird population (species of bird of paradise) was recorded at…

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Q: a particular car is said to depreciate 15 percent each year. if the car new value is at 20,000, what…

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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: A house purchased for $162,400 gains 5% of its value every year. If this growth rate continues, in…

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Q: What is the unemployment rate?

A: Unemployment rate=(No: of unemployed people/ Total population) *100 =(1.5/60)*100 =2.5%

Q: Starbucks Corporation had annual sales of approximately $13.3 billion in 2012 and $16.4 billion in…

A: We have, Starbucks Corporation had annual sales of approximately $13.3 billion in 2012 and $16.4…

Q: Estimate the price of one barrel of crude oil on January 12, 2015, and the rate at which it was…

A: Estimate the price of one barrel of crude oil on January 12, 2015, and the rate at which it was…

Q: Over a period of a week, a stock index did the following: On Monday the index went up by 2.9%, on…

A: Consider that at very first day the stock index was 100x.

Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

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Q: During 2008 the S&P 500 index depreciated by 37.6%.† Assuming that this trend had continued, how…

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Q: Lee puts $10,000 into a stock market index mutual fund that grew at an average of 7% per year for 10…

A: Given, Principal amount, P = $10,000 Rate of interest, r = 7%  Time, t = 10 years We know, Interest,…

Q: A small-business consultant is investigating the performance of several companies. The…

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Q: Francine currently has $70,000 in her 401k account at work, and plans to contribute $6,000 each year…

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Q: If you make $400 in simple interest on an investment at 8% for 5 years, what is the amount of the…

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Q: Use the model to predict the year that corresponds to retails sales of $246 billion. 17

A: The linear model for the data is Ft=9.44t+84.182.

Q: Trevor

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Q: If the population increases by 2.5% per year, what percentage does it change in 5 years?

A: Per year increment rate(r)=2.5%  In n years % change=1+r100n-1

Q: A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the…

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Q: The town of Diamond Wish, which initially had 20 000 people, began to experience an exponential…

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Q: What is the simple interest rate on a $2100 investment paying $771.75 interest in 10.5 years?…

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Q: If P20.000.00 is invested at 10% compounded quarterly, when will the amount of investment be…

A: Given : Amount 20,000 compounded quarterly  And interest rate (r) = 10% To find : Time when these…

Q: A certain currency devaluates by 3 percent per year. If the initial amount is 100 units, then what…

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Q: If a bank advertises "triple your money in 12 years", what simple rate of interest is it offering?

A: We need to calculate the simple interest that the bank offers. The bank says "triple your money in…

Q: A bond was purchased on January 1, 2016 for $750. If its value increases by 8.2 % every year, how…

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

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Q: if $120 double in approximately 11 years, what is the interest rate

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Q: If I have $500 in my account after 4 years of investing at 2.5% per year, how much money did I start…

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Q: If 5000 dollars is invested in a bank account at an interest rate of 4 percent per year,

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Q: . If a $28,700 salary is increased 5 percent each year to keep ahead of inflation, what will this…

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Q: A $40,000 investment in a mutual fund doubled to $80,000 in 5 years. What was the investment’s…

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Q: Today, a typical family of four spends $920/month for food. If inflation occurs at the rate of…

A: It is given that a family spends 920/month for food and inflation occurs at the rate of 3% over next…

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

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Q: A boat is worth $7,000 when it is 5 years old and $2,000 when it is 10 years old. What is the rate…

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Q: Here are the recent annual salaries (in millions of dollars) for players on professional basketball…

A: Obtain mean of the sample data. Mean: Mean is an important measure of center when the data is…

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: A money market account of $800 earns 3.0% interest compounded quarterly. What is the equation?

A: Given that principal (P)=$800annual interest rate (r)=3%=3100=0.03number of times compounded per…

Q: You paid $10,000 for a car whose value is depreciating by 14% per year, compounded annually.…

A: Given,Principle = $10000Interest rate = 14%Time period =3 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: If inflation has been running at 2.51% per year and a new car costs $36,400 today, what would it…

A: We have to use compound interest series formula. Let 4 years ago the price was x. Therefore…

Q: A store shows a net profit of $65,250 for the year. If the store profit increases by 3.75% per year…

A: Here we use compound interest formula which is as follows. If P be the principal which increases by…

Q: Starting on her 30th birthday, a woman will invest an amount every year on her birthday in an…

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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: For the second quarter of​ 2016, a company posted a loss of ​$588 million due to a decline in…

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