Melanie invests $1,000 at 15% simple interest for 1 year. How much is in the account at the end of the 1 year period? Answer: $

Q: Q12 You invested $9,000 in to a mutual fund with a management fee of 0.85% of the total asset…

A:

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

A: Cost of hot tub=$5,010 Down payment=$1,300 hence the loan amount=$(5030-1300)=$3730 Payment each…

Q: Hannah has $33,292 in a savings account with simple interest. If she deposited $28,700 two years…

A: NOTE: Refresh your page if you can't see any equations. . here we have  A=33292 P=28700 t=2 years

Q: Mark borrowed $18,742 to help pay for expenses. If the loan carries an annual interest rate of 3.9%…

A: From the given information we find the monthly payment.

Q: colton pays 8% interest on his 36,000 college loan and 12% on his 13000 car loan what average…

A: Given, colton pays 8% interest on his 36,000 college loan and 12% on his 13000 car loan  To be found…

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: Paul puts $300 in a savings account that earns 3% interest annually. How much interest will he earn…

A: Given Paul puts $300 in a savings account that earns 3% interest annually. To find how much interest…

Q: Figure out the number of years in the following investment : Karen paid $48.00 on $600.00 at a 4%…

A: Interest rate (r) = 4% P.A Interest amount (I) = 48 Prinical amount (P) = 600 To find: time (T)

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: A math teacher won a lottery that pays $1,000 per month for the next 20 years. But, he prefers to…

A: To find out the amount that the teacher will accept now.

Q: Leo borrowed P35,000 from a bank that charges 7½% simple interest. How much amount must he repay…

A:

Q: Bella bought a living room suite for P85 000.00. She agreed to pay in 5 months at 12% simple…

A: We are authorized to answer one question at a time, since you have not mentioned which question you…

Q: Hui purchased a 91-day T-Bill that has a face value of $1000 and an interest rate of 4.00% p.a. a.…

A: Given, Interest Rate R=4.00%=0.04 Face Value = $1000 91 days T-bill

Q: Gina buys her first house for $250,000 at 5% APR with a 30-year mortgage.a. Find her monthly…

A: a) It is given that, Gina buys house for $250000 at 5% APR with a 30-year mortgage. Here Principal…

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. Seals had to borrow $12000 to pay for college to get her doctorate degree. She agrees to a…

A: Given,  Principal = p = $ 12000  Rate of interest = r = 8%  Time period = n =  2  years    We have…

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

A:

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: Joaquin pawns his favorite watch for a loan of​ $120. After 30​ days, he buys his watch back for​…

A: Given P = $120, A = $140 and T = 30.

Q: Joyce went to a bank to borrow 100,000 pesos for a gadget she wanted to buy. The bank charges a…

A: Here, we have to find How much money she have to pay as a interest.

Q: Donna borrowed $10, 500 at a simple interest rate of 4% for 3 years to buy her new car.  How much…

A: Given: Donna borrowed $10,500 at a simple interest rate of 4% for 3 years to buy her new car.  How…

Q: You took out a loan of $8,000 in 2015 at an interest of 6% simple interest. What is the total amount…

A: We have to solve the given question.

Q: Jefferson borrowed $4000 for his college tuition at an annual simple interest rate of 5.5%. When he…

A:

Q: Graduation is 3 years away and you want to have $1300 available for a trip. If your bank is offering…

A: Given,           Amount, A = $1300,            Rate, r=2.2% =0.022           Time, t =3

Q: Teresa received $80 for her birthday.  At what interest rate would she have to invest the money to…

A:

Q: Teresa received $80 for her birthday. At what interest rate would she have to invest the money to…

A: We know that, for a Simple interest SI= P·R·T100where P = Principal,R = Rate of Interest,T = Time…

Q: Jerry takes out a 30-year mortgage for $190,000.00 to buy a condo. His monthly mortgage payment is…

A: The total amount taken to buy a condo is $190,000 for mortgage of 30-years which mean 360=30×12…

Q: Connor bought a house for $215,000.00, paying 10% down, financing the rest at 7% interest for 25…

A: The objective is to find monthly payment and interest over the life of loan.

Q: Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, 2020, the fund…

A:

Q: Dobby borrowed $5,000 to start a foundation for recently freed house elves. If he pays the money…

A:

Q: oaquin pawns his favorite watch for a loan of​ $120. After 30​ days, he buys his watch back for​…

A:

Q: Susie is paying $531.8 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Consider the given question,Total mortgage = $150,000 Monthly payment of Susie = $531.8Total time of…

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

A:

Q: Rafaela takes out a 4-year simple interest car loan for $15000 at a 3% interest rate. Is she does…

A:

Q: Eli opened a savings account with a one-time deposit of $400. The savings account pays a simple…

A:

Q: Ernie Rolph deposits ​$7150 at 4​% for 1 year. How much interest will he​ earn? What is the account…

A: Given query is to find the amount after 1 year.

Q: You would like to have $35,000 to spend on a new car in five years. You open a savings account…

A:

Q: To pay for textbooks, a student borrows $450 from a credit union at 6.5% simple interest. How much…

A: Simple interest = PRT100, where P = principal amount R= Rate of interest T= Time in years…

Q: To buy a car, Sophia borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much…

A: Sophia borrowed $15,000. Time is T= 3years. The rate of interest is r=9%. The objective is to find…

Q: Ryan bought a $255,000.00 house, paying 10% down, and financing the rest at 7% interest for 15…

A:

Q: Mike saves $2,000 at a yearly simple interest rate of 2%. He earns $280 in interest. For how many…

A: The solution is given below

Q: Johnny borrowed 15,000 from a lending company with annual simple interest rate of 9.5%. If hhe had…

A: The formula for the amount of simple interest after t years is: A=P+Prt100 Here, P is the principal…

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

A:

Q: Park bought a house 15 years ago, taking out a $140,000 mortgage at 6% interest for 30 years, making…

A:

Q: To pay for a $22,900 car, Chau made a down payment of $3200 and took out a loan for the rest. On the…

A:

Q: Marcia has a simple interest savings account that she initially deposited $1,300.  What is the total…

A: Find your answer below

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: Victor borrowed ₱500 at a simple interest rate of 3%. At the end of the loan period, the interest…

A:

Q: Josh makes a $1500, 7% simple interest personal loan to his friend Sean for a period of 9 years.…

A: Consider the information given in the problem, Here the objective is to find the amount of money…

Statements and Logic

Logic is the analysis of general patterns of thoughts without regard to any specific sense of context.