If you want to earn 2% annual simple interest on an investment, how much should you pay for a note that will be worth $11,500 in 10 months?

Q: 44. Together two computers cost $2700 per year to rent. If one costs twice as much as th other, what…

A: a+b=2700/year a=2b Then, substitute 2b for " a " 2b+b=2,700/year 3b=2,700/year b=900/year

Q: aquan hopes to earn $1100 in interest in 3.1 years time from $55,000 that he has available to…

A: Given, Jaquan hopes to earn $1100 in interest in 3.1 years time from $55,000 that he has available…

Q: Salim deposits OMR 1,200 at a rate of 8% for a period of 5 years. What is the amount he gets after 5…

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Q: On April 25, 2015, an earthquake of magnitude 7.8 on the Richter scale struck Nepal. On May 12,…

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Q: Jaquan hopes to earn $1500 in interest in 2.9 years time from $120,000 that he has available to…

A: Given query is to find the rate of interest whicj will give $1500 intrest in 2.9 years.

Q: Bank B offers 1% interest per month. This will grow with compound interest (interest already earned,…

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Q: An investment grows according to the formula B = 8000 ✕ 1.0085t dollars, where t is time, measured…

A: answer is in next step. please give a like!!

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Q: If Lee needs an investment to increase to $250000 in a 20 year period and he has secured an…

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Q: Suppose you are paid $2,500 per month and your employer's 401(k) matches your contributions by 20%…

A: The following solution is given below:

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A: Explained below

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Q: A student has a savings account earning 12% simple interest. She must pay $1250 for first-semester…

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Q: The penguin eats 6 pounds of food each week, and 60% of that weight must be fish. The seal eats 105…

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Q: A student has a savings account earning 3% simple interest. She must pay $1300 for first-semester…

A: Given

Q: On April 25, 2015, an earthquake of magnitude 7.8 on the Richter scale struck Nepal. On May 12,…

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Q: How long does it take for $9000 invested at 12% annual simple interest to be worth $11,700

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Q: tes the amount of fish, in pounds, needed in the weekly diet of a penguin and a seal. The penguin…

A: Given:-Penguin eats→6 poundsseal eats→105 pounds

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Q: Chester hopes to earn $1100 in interest in 3.9years time from $11,000 that he has available to…

A: In the given question we have to find the annual rate of interest that meets Chester's goal.

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Q: How much money would you need to deposit into an account earning a simple interest rate of 7.50% per…

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Q: DETAILS BRECMBC9 6.I1.002. 7. [-/5 Points] Solve for the portion. Round to hundredths when…

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Q: Chester hopes to earn $500 in interest in 3.1 years time from $40,000 that he has available to…

A: Compound interest formula is A=P1+r100×nnt Where A=Future ValueP=Present Valuer=Interest…

Q: Your finance text book sold 47,000 copies in its first year. The publishing company expects the…

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Q: The federal tax code allows some items used for business purposes to be depreciated. That is, their…

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Q: On April 25, 2015, an earthquake of magnitude 7.8 on the Richter scale struck Nepal. On May 12,…

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Q: Total emissions of carbon dioxide from the burning of fossil fuels have been increasing at about 5%…

A: Given, total emissions of carbon dioxide is increasing at about 5% per year. Suppose ni be the…