If you pay Php 25,900 for a TV, its value depreciates 6 % per year, how much will it cost in 8 years? Php 16,795.57 Php 1,554.00 O Php 24,346.00 O Php 15,787.84

Q: Joe Borowski invested $10,500 in a mutual fund one year ago. During the year, his fund increased in…

A: Given data: The amount invested by Joe in a mutual fund is P=$10,500. The interest gained by Joe is…

Q: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

A: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

Q: Due to depreciation, the cost of a car decreases by 10.2% every year. How much is the estimated…

A: The solution is given below.

Q: Margo borrows $2000, agreeing to pay it back with 2% annual interest after 8 months. How much…

A:

Q: The total of the monthly payments for a 5-year loan is $10,692. The APR is 7%. How much money was…

A: Total payment is At=$10,692. The rate of interest is r=7%. Number of years is n=5. The formula for…

Q: You think you need $1.5 million and your retirement advisor thinks you will average 6% a year on…

A: NOTE: Refresh your page if you can't see any equations. . here we have FV=1.5million=1500000 n=1 for…

Q: Vermae borrowed PhP 5,500 to her friend and agrees to repay it in 90 days with 5% annual rate. If…

A:

Q: 7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the…

A: I have Provided this answer in step-2.

Q: You decide to deposit $290 each month into the retirement fund, and retire when you can afford to…

A: Introduction: One of the fundamental mathematical operations is division, which involves breaking a…

Q: Moira borrowed $3,500 from her grandfather to pay for her first year of college.  Four years later,…

A:

Q: You put ​$200 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

A:

Q: Lee's gross salary is $6000 per month, but federal and state income tax totals about 30%. What is…

A: Given data:   The gross salary of Lee is: S=$6000 The federal and state income tax is: 30%. STEP-1…

Q: Michelle Payne deposited $12,000 in a savings account paying 6.25% simple interest. How long (in…

A: Let it will take t years to be a amount of $12,000 deposited in a accountunit 6.25%.Simple interest…

Q: Dexter deposited $6,300 into a savings account that earns 2.60% simple interest per year. How much…

A: Given that  Dexter deposited $6,300 into a savings account   that earns 2.60% simple interest per…

Q: If you would like to make $1079 in 5 years, how much would you have to deposit in an account that…

A: Given that $1079 has to be made in 5 years and the simple interest rate is 7%. It is required to…

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: A job pays $32,000 for the first year with an annual increase of 6% per year beginning in the second…

A: A job pays $32,000 for the first year with an annual increase of 6% per year beginning in the second…

Q: The tuition at a certain college was ​$20, 181 last year and increased 5.3​% from last year to the…

A: Given: -

Q: Mr. Edo invested php 30,000 to an account that pays 4% annually. How much is the amount of interest…

A: Given: Mr. Edo Invested 30,000 to an account that pays 4% anually.

Q: Write the maximum revenue, rounded to the nearest cent.

A: Solution to the question number 7:Given,           Revenue function, R(x) =570xe-0.001x

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: 4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A:

Q: If Php 25,000 is invested at an annual interest rate of 12% compound a. annually b. quarterly c.…

A: Given : Investment amount = Php 25000Rate = 12% and time = 2 years

Q: 3400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A: Here i consider two conditions  if amount on simple interest  or if amount on compounded interest

Q: On the 7th birthday of Dane's daughter, he deposited an amount in a bank peso fund that pays 1%…

A:

Q: The purchase value of an office computer is $12,660. Its annual depreciation is $1,960. The value of…

A: Given: The purchase value of an office computer is $12,660 The annual depreciation is $1,960

Q: 6700 dollars is placed in an account with an annual interest rate of 8%. How much will be in the…

A: Principal P=6700Rate R=8%Time T=24 yearsInterest after 24 yearsI=PxRxTI=670x8x24100I=12864

Q: Jane Doe ran up $20,500 on her credit card, which charges 29.85%. If she decides to cut up her card…

A: This is a problem related to interest calculation. Based on the general formula we will answer the…

Q: It cost $200,000 to put a kid through college.  How much money would you have to deposit monthly…

A:

Q: A $2,500 bond earns 4.5% simple annual interest. How much is the bond worth after 18 months?

A: Given :-  Principle amount,P = $2500  Rate,r = 4.5% = 0.045  Given Time = 18 months 1 Year = 12…

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

A:

Q: 3600 dollars is placed in an account with an annual interest rate of 9%. How much will be in the…

A: Given that $3600 is placed in account with an annual interest rate of 9%.

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

A:

Q: Jake borrows $2,500 at an interest rate of 15% a year. If he repays the loan in 2 years, how much…

A: Assuming the simple interest, Interest = PRT/100 Where P= principal R = rate T = time

Q: After receiving an inheritance, a newly married couple invested $15,250 for 10 years and received…

A: If P is principal , r is rate of interest and t is time , then simple interest is

Q: Mon invested Php125, 000.00 in a savings account that pays 7% interest compunded quarterly. If he…

A:

Q: The finance charge that a student pays on his credit card is 18.4% APR (annual percentage rate).…

A: As per given by the question, there are average balance for the year is $5000 with 18.4%ARP. Now,…

Q: 5. Mrs. Menquito borrowed Php 250,000 at 5%. How much interest should she pay in one year.

A:

Q: Lori buys a $411 certificate of deposit (CD) that earns 4.6% interest that compounds monthly.  How…

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

Q: A man deposit 90,000 in a saving bank for 5 months. If the interest amount to 1,875, find the rate…

A:

Q: Laura invests $2,000 in a bank account which pays a compound interest rate of 6.4%. To the nearest…

A: Given that Amount of money Laura invested = $2000 Compound Interest rate = 6.4%  To calculate the…

Q: 1) Mr. Ang's money became Php165,000 @ the end of 10 months. If the bank pays 12% annually, how much…

A: Given that,  Mr. Ang's money became in 10 months Php 165000 at the rate 12% annually. Let the…

Q: To buy a laptop, Jihyo borrowed Php 38,000 at 8% simple interest. How much does she have to pay back…

A: When the interest is simple, then the formula used is A=P(1+rt) , where, A is the final amount, P is…

Q: A person collected $2,100 on a loan $1,800 they made 4 years ago. If the person charged simple…

A: We have formula for simple interest

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…

Q: How many months will it take for an investment of Php 30,000.00 to earn Php 112.50 at 1.5% simple…

A: Formula for time in simple interest: t=IP×r where t= time in years I= Interest P= Initial principal…

Q: In 2016 Donald Trump admitted he received a small loan of a million dollars from his father if he…

A: We can use this formula to compute the monthly payment,  Monthly payment = P×r(1+r)n1+rn-1 Where P…

Q: John opened a savings account with $900 and was payed simple intrest at an anual rate of 5%. When…

A: Given that the initial payment is =P= $900 Interest rate= r= 5%= 0.05  time=t= ? Interest = I= $135…

Q: Winston deposited $3,294 in a bank account with interest rate 2.6%. How much interest was earned in…

A: Simple interest: Deposit amount is . Interest rate is. Find the interest that earned in 5 years.…

Q: A home purchased for $300,000 depreciated 8% over a 1-year period. What was the value of the home…

A: We have been given that a home was purchased at a value of $300000 and its value depreciated at a…