Fran deposits $1.000 in an employees' savings ac- count at 6 percent. How many months will it be until the amount in the account is $1,100? 20month

Q: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  What is the value…

A: Given: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  To  Find:…

Q: Kyle works for a clothing boutique store as a salesperson. He receives a monthly base salary of $900…

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Q: of the T-bill, the interest earned, and the simple interest rate paid on the bill. Price of the…

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Q: Find the interest and the amount to pa (a). $380 at 12.5% for 2 yr.

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Q: Your roommate asks to borrow $500 and agrees to pay it in 45 days with interest rate of 4%. How much…

A: Given  : P = Principal value = $500 r = Interest rate = 4% =0.04 t = time in years = 45365

Q: Find the simple interest earned. Round percent's to the tenth or hundredth of a percent. Jean…

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Q: Kiro saved Php120 on the first month of the year. Suppose he saved thrice the amount he saved the…

A: Given: Kiro saved Php120 on the first month of the year. Suppose he saved thrice the amount he saved…

Q: Dimple gets paid $3,200 per month. She pays $960 a month for rent. What percent of her monthly pay…

A: Dimple gets paid $ 3,200 per month. she pays $960a month for rents what percent of her monthly pay…

Q: A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year. What…

A: Value of the car after 6 years

Q: A man de pesied 1,950,000 into a bank with a rate of 3.80 % for 26 monthn. How much money did he…

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Q: Miguel purchased a hot tub costing $5,010 by taking out an installment loan. He made a down payment…

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Q: Lucy deposits $3000 into an account that pays simple interest at a rate of 3% per year. How much…

A: Simple interest formula for an amount of P at an interest rate of r% for t years is given by;…

Q: Joe took out a car loan for $12,000. He paid $4,800 in interest at a rate of8% per year. How many…

A: Considering it as simple interest, Number of years= 4800/{12000×0.08}= 5 years

Q: Ben has a savings account at a bank that charges a $4.50 fee for every month his balance falls below…

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Q: profit

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Q: Express the fraction as a percent. 7 % (Round to two decimal places and do not 8 type percentage)

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Q: Carolyn will receive a 5% increase in pay this year and a 6% increase next year. What is the percent…

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Q: Darren invests $750 in an account that pays 2.5% simple interest for 40 weeks. How much will his…

A: We can make it easier for you

Q: A sales associate is given a $500 hiring bonus with a new job. She earns an average commiddion of…

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Q: Carolyn borrowed $38,500 to pay for college. If the interest rate is 3.2%, how much total will she…

A: A = P(1+r/100)n P = Principle A = amount r = interest rate n = number of years

Q: Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

A: Given Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

Q: What was her total return on this investment

A: Given: Rosa pays $17,500 for shares in a new company. That means, I=17500 She sells the shares 8…

Q: Margo borrows $1900, agreeing to pay it back with 5% annual interest after 11 months. How much…

A: Given data, Borrowed amount (P) = $1900 Annual Interest (R) = 5% = 0.05 Time (T) = 16 months = 11/12…

Q: Todd Gunderson went into a partnership with two of his friends.  Manny and Jose, to share a route…

A: In question, we need to find Todd's amount in partnership.

Q: After a three-tenths increase of his current hourly wage, a man receives a new hourly wage of…

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Q: Fred invested $25,000 at 4% simple interest. How much interest will he earn each year?

A: Simple interest:Simple interest is an easy method of calculating the interest charge on a loan.…

Q: Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at…

A: Lee Sutherlin's net earnings is $38,100. For a self employed person social security tax and the…

Q: The total intrest that she paid on the loan was $270.

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Q: Sam has $560 in his savings account. He earns 2.5% interest annually for 3 years. How much TOTAL…

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Q: A laptop computer is purchased for $1800. After each year, the resale value decreases by 30%. What…

A: We will find the price.

Q: A new car is purchased for 16200 dollars. The value of the car depreciates at 14.25% per year. What…

A: We have to solve this question by the rule of  A=P(1+r/100)t where P is the initial amount and r is…

Q: Lori buys a $1,075 certificate of deposit (CD) that earns 3.2% interest that compounds monthly.  How…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Pablito has $1 and his grandma says she will give him 100% interest on that $1 every year if he…

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Q: Archie Buchanon has a $28,000 boat that loses 12.5% of its value yearly.  How much is his boat worth…

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Q: Laura invests $2,000 in a bank account where she earns simple In total, how much interest will Laura…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: Jenny borrows 3000 from her local bank at annual interest rate of 3.25% to be paid back in six…

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Q: Frederick bought six books that cost d dollars each. What is the total costof the books?

A: Cost of 1 book = $ d  To find out cost of multiple books we have to divide the cost of 1 book to…

Q: A customer at a restaurant leaves $80 on the table to pay for the food, a 15% tip, and 8% sales tax.…

A: Given: A customer at a restaurant leaves $80 on the table to pay for the food, a 15% tip, and 8%…

Q: A family has an annual income of $33, 000. How much is their monthly income? Their monthly income is…

A: A family has an annual income of $33,000. How much is their monthly income?

Q: During a prolonged recession, property values on Long Island depreciated by 4% every 6 months. If my…

A: Given-House cost/present value(PV)=$200,000n=6 yearsdepreciated rate(r)=4%frequency(f)=6 monthin…

Q: Hayden Invested $750 for three years at an Interest rate of 0.035. How much Interest did he earn in…

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Q: The Smiths bought an apartment for $75,000. Assuming that the value of the apartment will appreciate…

A: Please see the answer in Step 2

Q: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

A: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

Q: Adriana invested $4,500 for 8 months in an account that paid 1.9% interest. How much interest did…

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Q: Sam has $560 in his savings account.  He earns 2.5% interest every 3 years.  How much total…

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Q: Landon Scott is paid $48,000 annually. Find the equivalent earnings if this amount is paid:  (a)…

A: The given amount is $48000. (a) For the amount to be paid weekly, there are 4 weeks in a month and…

Q: Monthly Juans net earnings are 38 000 and expenses are $7,000. If Juan saves the ofference how much…

A: Monthly earnings = $8000 Monthly expenses = $7000 ∴ Monthly savings = $8000 - $7000 = $1000

Q: Delta has decided to start a side business as a photographer. She purchases a camera for $1600 but…

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Q: 3.) Jose's' car depreciates at a rate of 12% per year. He bought his car three years ago for…

A: Given, Jose's car depreciates at a rate of 12% per year. He brought his car three years ago for…