МАТH • ALGEBRA Use excel to calculate the total interest on a car loan paid monthly given the following values: Amount of loan =14,599 Annual interest =4.54% Length of loan=5 years Round your answer to the nearest hundredth. Enter your answer as a positive number. I do not have excel, please help me.

Q: A job pays a salary of $18,000 the first year. During the next 14 years, the salary increases by 8%…

A: Given first year amount as P = $18000 Time is t = 15 years Rate is r, 8% = 0.08 We use C.I. formula

Q: Noah wants to invest $2,000.00 in a savings account. Determine the simple interest rate required for…

A: We will find out the required rate of interest.

Q: You want to be able to withdraw $30,000 each year for 20 years. Your account earns 9% interest. a)…

A: Here we want to be able to withdraw$30,000 each year for 20 years. Account earns 9% interest. We…

Q: Show work! A job pays $35,000 for the first year with an annual increase of 4.75% per year beginning…

A: I am going to solve the given problem by using some simple algebra to get the required result.

Q: A loan of $100,000 is required to buy your new home. The bank offers a choice of a 30-year loan at…

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Q: At age 30, Julio starts a retirement account. He deposits $145 at the end of each month in an…

A: The deposit monthly  $145  APR=3%=0.03 a) A=Pmt x 1+APRnnT-1APRn................equation 1 Here,…

Q: Bank offers a 10-year CD that earns 2.3% compounc 108 is is invested in this CD, how much will it be…

A: In this question we will use basic of algebra i.e concept of compound interest. We will simply use…

Q: ALGEBRA José Alicia reviewed his savings account statement for the first quarter of the year. His…

A: Given query is to find the amount earned by Alicia on his saving account.

Q: A job pays a salary of $33,000 the first year. During the next 23 years, the salary increases by 6%…

A: The job pays $33,000 in the first year for 23 yearsThis increases by 6% each year

Q: You invest $6,229 in an account paying simple interest at a rate of 2.5% per year. If you make no…

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Q: A runner begins training by running 5 km one week. Each week she increases the amount she runs by…

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Q: You decide to reduce the amount you spend eating out by $235 a month and invest the total saved at…

A: This question is related to interest , We will solve it using given information.

Q: it amount deposited today d grow to $100,000 in 10 y

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Q: Amount Amount After After y 1000 Years 10,000 Years

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Q: Salaries A woman earns 15% more than her husband.Together they make $69,875 per year. What is the…

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Q: When used for a loan, A is the total amount to be repaid to the lender; this sum is called the value…

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Q: Ajob pays a salary of $20,000 the first year. During the next 13 years, the salary increases by 8%…

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Q: 4% simple interest , Maria loaned 35,000 after 10 years. how much he pay for interest?

A: The principal amount is: P=35000 And the interest rate is: r=4% And the time: t=10 year The interest…

Q: Simple Interest. Spencer paid $90.75 interest on a $5,600.00 90-day loan. What is the loan's…

A: The solution of the problem is given in the next step.

Q: Cash Inc.'s expenses for the month of September and October were $37,881.00 and $26,280.00, which…

A: Given that Cash Inc.'s expenses for the month of September and October were $37881.00 and $26280.00…

Q: Suppose you want to buy a new car that costs $32,100. You have no cash - only your old car, which is…

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Q: Tine placed $1,500 into a savings account that compounds interest quarterly with an annual rate of…

A: The formula for compound interest is given by A=P1+rnnt where A is the compounded amount, P is the…

Q: Suppose you want to buy a new car that costs $32,900. You have no cash – only your old car, which is…

A:

Q: O Question5 Suppose you want to have $600,000 for retirement in 25 years. Your account earns 5%…

A: Given query is to find the each month deposit in order to have 600000 in the account after 25 years.

Q: After some research and looking at their O Plan. This plan costs $257.76 per month tion that…

A: The plan costs $257.76 per month and a deductible amount of $4000. Then the corresponding equation…

Q: A deposit of $1500 in an account pays 7.25% interest a year. What is the account balance after 8…

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Q: Abe deposits $50 each month for 60 years in an account with an APR of 4.5%. Beatrice deposits $100…

A: Given query is to find the disposited amount and the future amount.

Q: You have $300,000 saved for retirement. Your account earns 6% interest. How much will you be able to…

A: Given query is to find the amount of money per month can be withdrawn for 20 years.

Q: Find the simple interest on a $1000 investment made for 4 years at an interest rate of 8%/year. What…

A: The principal amount P = $1000 Time n = 4 years Interest rate r = 8% /year

Q: deposit $500 in a savings account with 3% interest compounded annually. What is the balance in the…

A:

Q: Making money! What if grandma calculates interest every SECOND!? How much money would Pablito have…

A: The grandma is calculating interest  every second then Pablito has 11+13153600031536000(1) money at…

Q: I've reached a goal of saving $6,500 and want to put my money into a savings account for one year.…

A: Given P=6500 r=8%=0.08 t=1 year

Q: Carlos invested $7,000 in a money market mutual fund that pays interest on a daily basis. The…

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Q: Tuition of $1616 wi be due when the spring term begins in 2 months. What amount should a student…

A: Given that tuition of $1616 will be due when the spring term begins in 2 months. To find, the amount…

Q: Larry Thomas's charge account statement shows an unpaid balance of $800. The monthly finance charge…

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Q: The sixth month this year, you have $372 saved. At the eighth month this year, you have saved $396.…

A: The sixth month this year, you have $372 saved.At the eighth month this year, you have saved $396

Q: Maxwell has deposited $125 into a savings account each month this year. He plans on depositing $15…

A: Observe that, In first year, Maxwell deposited each month $125 and he deposited more each month is…

Q: You invest $2,488 into a saving account that compounds interest monthly at a rate of 3.0%. How much…

A:

Q: Use the formula for continous compunding interest to compute the balance in an account after 1,5,and…

A: please see the next step for solution

Q: You have $400,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A:

Q: Abe deposits $40 each month for 40 years in an account with an APR of 5.5%. Beatrice deposits $80…

A:

Q: What was the annual (yearly) interest rate?

A: Given principal amount p = $1000 Time = 18 months = 1.5 years Let r be interest rate

Q: You have a job that pays $ 15.50 per hour. If you work more than 40 hours in a week,  you make an…

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Q: Karen deposited in the bank $4,000 which earns 1.2% every 6 months. Find the amount of money in…

A: We have to calculate the final amount after 15 years. This problem can be solved by using formula of…

Q: Urban encroachment is causing the area of a forest to decline at the rate of 7% per year. What is…

A: Given, the decay rate is 7% per year, i.e. λ=0.07. As it is known that, λ=ln 2t1/2t1/2=ln 2λ=ln…

Q: You deposit $1250 in an account earning 10.2% interest. Calculate the simple interest earned in 8…

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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: age 25​, someone sets up an IRA​ (individual retirement​ account) with an APR of 4​%. At the end of…

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Q: On her 21st birthday Karen put P300,000 into a retirement fund account that pays 10% interest per…

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Q: A job pays a salary of $28,000 the first year. During the next 12 years, the salary increases by 7%…

A: