ne first week OT year and weekly savings by Rs 1.75 each week.In what week will her weekly savings ne Rs 20.75?

Q: A man borrowed P2000 from a bank and promise to pay the amount for one year. He received only the…

A: Solution

Q: You deposit $200 monthly in a saving plan with APR of 6% for 10 years.  How much would your…

A:

Q: How much would you need to deposit in an account each month in order to have $10,000 in the account…

A:

Q: 1. Abby placed $4000 into her bank account at a simple interest rate of 4.5% per year for 4 months.…

A: Principal (P) = $ 4000 Rate (R) = 4.5 % per annum Time (t) =4 months = 412 years = 0.33 yr As,  12…

Q: Nathan is required to pay George $9,500 today but he wishes to postpone the payment for 60 days.…

A: Given query is to find the amount to be paid.

Q: Mr. Sonny applied for a 250,000 php loan. He plans to pay for this loan annually at 8% per annum for…

A: Given query is to find the principal of 4t installment.

Q: se a truck for his mobile welding service, jerry arranged a 36-month loan of 45,000 at 4.75% annual…

A: Conversion of annual payment interest to monthly interest: Use the formula I divided by "n," or…

Q: Kenneth wants to have PhP 5,000,000 in his account when he retires in 25 years. The retirement…

A: Annuity Formula: PN=d((1+rk)Nk−1)(rk) PN is the balance in the account after N years. d is the…

Q: 4. Puck is planning to buy a new Harley in 2 years. He is able to save $475 each month in an account…

A:

Q: 5. Margo borrows $900 and must pay it back with 6% interest after 7 months. What is the total amount…

A: Margo borrows $900 and pay it back with 6% interest after 7 months.

Q: Mohamed accepted a new position as an electrician. Mohamed has a starting annual salary of 65,000…

A: Given Annual salary(P)= 65000/- Expected raise(r)= 2.4% No. of years(t)= 10

Q: You borrow $5000 now and agree to pay this whole amount back in three payments: OW

A: Given, you borrow $5000  now and agree to pay this whole amount back in three payments:Payment 1. $X…

Q: A state lotto has a prize that pays $1,800 each week for 20 years. What is the total value of the…

A: According to the problem, we have

Q: You want to buy a Car for $20,535 dollars. The bank gives you the option of 3% interest over 4 years…

A:

Q: 2. Ken borrowed $2000 from Sam at 8% per annum. After 6 years he cleared the amount by giving $2600…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: Q2. Joshua borrowed $1000 from his friend and paid him back $1050 in six months. What simple annual…

A:

Q: Suppose you want to have $500,000 for retirement in 35 years. Your account earns 7% interest. a) How…

A:

Q: Pat borrowed $2,000 to help Pay college expenses. The interest rat was 8% annually, and she will…

A: P = 2000 r = 8% annually t = 6

Q: Dr. Grant borrowed money from his friend with simple interest of 12 %, find the present worth of P…

A: Future Amount (F) = P50,000 interest rate (i) =12% number of months (n)= 9 months

Q: Suppose that you borrow $12,000 for five years at 8% toward the purchase of a car. Use PMT= interest…

A:

Q: Dobby borrowed $5,000 to start a foundation for recently freed house elves. He gets a 3.25% interest…

A:

Q: loan

A:

Q: A farmer purchased 275 acres of land for $4100/acre. He paid 25% down and obtained a loan for the…

A:

Q: Q4: a) How much money would MR. Saad receive after 3 years if he invests Rs.12000 today at 6% simple…

A: Question: 4(a) How much money would MR. Saad receive after 3 years if he invests Rs. 12000 today at…

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

A:

Q: Henry and his new wife, Meaghan, have disposable income of $192,000 per year. They can get a loan…

A:

Q: Nathan would like to buy a new car worth PhP 1,200,000.00. He decided to take an from a car…

A:

Q: A professional baseball player signs a contract with a beginning salary of $3,000,000 for the first…

A: Given: The salary in the first year is $3,000,000. Interest rate is 4%. n = 6 as it is starting from…

Q: A state lotto has a prize that pays $900 each week for 15 years. find the total value of the…

A: A state lotto has a prize that pays $900 each week for 15 years. find the total value of the…

Q: Luli borrow OMR 25,000 from NBO at 4.5% for 5 years. The loan would be repaid at the end of 7 years…

A: We have to calculate the interest for five years and add that interest to the principal amount to…

Q: House cost $225,000, you put 20% down. Get 30 yr loan at 3%. What is the total amount of the monthly…

A: Given that, House cost = $225000, Down Payment = 20% of cost, Interest rate (r) = 3 % Time period…

Q: Dana bought a bicycle on an installment basis by paying P1, 000 downpayment and the balance at P500…

A:

Q: Sammy borrowed $10,000 to purchase a new car at an annual interest rate of 11%. She is to pay it…

A: Given query is to find the the total interest paid in 5 years.

Q: Chad is required to pay Cassandra $6,000 today but he wishes to postpone the payment for 120 days.…

A: Simple Interest Equation : A = P 1+r·t where A is the final amount P is the initial amount r is the…

Q: Five: $600 deposited yearly in an annuity account that pays 12% per year and compounds once yearly.…

A: Formula  Amount after n years =>A=P(1+r/100) n

Q: Shyna borrowed Php. 35,000 with an annual interest of 6%. How much would be the interest? a. 2,100…

A:

Q: A man inherited RM6,000 which he deposited in a bank on January 1st 2000. Interest on the amount in…

A: Here we will find the credit he had on 1st Jan,2005.

Q: Cea deposited P so,000 in a bank that paid her $ 1,750 simple interejr tor one year. what s the rate…

A: Given that the deposit amount (P)=50000Interest after 1 year (I)=1750Time (T)=1 yearWe know that…

Q: Five: $600 deposited yearly in an annuity account that pays 12% per year and compounds once yearly…

A:

Q: Ana nec a loan of Pnp120. 000.00 for 15 montns ana paia Pnp360.00 interest. What was the simple…

A:

Q: 4. A student took out a simple interest loan for $2800 for two years at a rate of 6% to purchase a…

A: The simple interest formula is: A=P(1+rt)

Q: Goran borrowed $5000 from a lender that charged simple interest at an annual rate of 9%. When Goran…

A: Solution ) P = $5000,  R = 9% , SI = $2250 formula  Simple interest = ( P × R × T) /100…

Q: A friend asks to borrow $500 and agrees to repay it in 60 days with 4% interest. How much interest…

A: Given Principal=$500Time=60 daysRate of interst=4%

Q: Graduation is in 5 years and you want to have $850 available for a trip. If your bank is offering a…

A:

Q: Find the interest and amount on P 800 at 6 ½% simple interest for 9 months

A: It is required to find the interest and final amount after 9 months.

Q: You  borrowed $1500 at 21% simple interest. What is the total amount to be repaid  1 year 55 days…

A: Consider the following simple interest formula: I=P×R×T100Where,P=PrincipleI=InterestR=Rate of…

Q: Steve Carrell has agreed to deposit $200 into a fans bank account on their 20th birthday and to…

A: Given : Steve Carrell has agreed to deposit $200 into a fans bank account on their 20th birthday and…

Q: Tuition of $1260 will be due when the spring term begins in 9 months. What amount should a student…

A: $1260 tuition fee will be due when the spring term begins in 9 months

Q: A retailer buys merchandise from a supplier with an invoice amount of $3,500. The terms of the sale…

A:

Q: A man bought a car for 2.5m cedis. He paid 40% of the cost and paid the rest in equal monthly…

A: cost paid initially=2.5×40100=1 (in million of cedis)amount to be paid=2.5-1=1.5M but he took 8…