Could you help me on 7 and 9 please? nd 2.PrincipalRateTime1$150014%2уears7.$37518%6 months8.$77515%8 months9.$250016%21 months10.$100010%18 months12. $265,000 is borrowed to buy a house.terest rate on the 30-year loan is 8.25est paid on the loan and the total ame14. The Rool6.

Answered: Image /qna-images/answer/2fa3fc3e-3957-4402-96f3-3d7b336a3d59.jpg

Answered: Principal Rate Time 1 2- years $1500…

Principal Rate Time 1 2- years $1500 14% 7. $375 18% 6 months 8. $775 15% 8 months 9. $2500 16% 21 months 10. $1000 10% 18 months 6.

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

See similar textbooks

Related questions

Q: You bought A&B Co. stock 16 years ago for $10.00 a share. Today it is worth $125.00 a share. What…

Q: Calculate the consumers' surplus at the indicated unit price p for the demand equation. HINT [See…

A: Solution is given below:

Q: Complete the table for an investment subject ton compoundings yearly A=P Amount Invested Number of…

A: Given that: Amount invested, P=$30000Number of compounding periods, n=365Annual…

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. (Round your…

Q: Example 13: The net profit (after taxes) of a firm is 75,000 and its fixed interest charges on…

Q: Compute the specified quantity. A 5 year bond costs $10,000 and will pay a total of $4,400 in…

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. (Round your…

Q: Cash Flows with Missing Payments P= ? 1 2 3 4 5 6 7 8 9 10 $100 i= 10% 0 11 12 13 14 15 Missing…

A: Simple Interest =(Principal × Time × Rate of Interest) /100

Q: A car dealer carries out the following calculations. List price Options Destination charges $…

A: Given: Number of months (N)=48 rate of interest (r)=7%

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. (Round your…

Q: Calculate the producers' surplus (in dollars) for the supply equation at the indicated unit price p.…

Q: Allison is 29 years old and plans to retire at age 65 with $1,470,000 in her retirement account.…

Q: The effective rate of the interest that is equivalent to a 4% rate compounded monthly is: 1.34% 8.16…

Q: Jump to level 1 A company is divided into 200,000 shares. An investor purchases 4,000 shares. What…

A: Solution: The objective is to find the percentage of the company does the investor own

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. HINT [See…

Q: Calculate the producers' surplus (in dollars) for the supply equation at the indicated unit price p.…

Q: Year CPI 2009 214.5 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014 236.7 2015 237.0 2016 240.0 A…

A: Given Data: The CPI of the various years is shown in the given table. The cost of a pair of Jeans in…

Q: Mr. Banker loans money at an APR of 20 percent. Interest is compounded monthly. What is the actual…

Q: find the effective rate corresponding to the given nominal rate. (round your answers to three…

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. HINT [See…

Q: When you purchase a home by securing a mortgage, the total paid toward the principal is your equity…

Q: PLEASE SHOW ALL WORK 10. Tina Mier must pay a $2,000 furniture bill. A finance company will loan…

A: The given data is: Tina furniture bill pay my Tina Mier is $2000 A finance company will loan Tina…

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. HINT [See…

Q: Calculate the consumers' surplus at the indicated unit price p for the demand equation. HINT [See…

Q: Find the nominal interest rate compounding weekly that corresponds to an effective rate of 8-%. 8…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: A machine manufacturer sells each machine for $7,700. The fixed costs are $289,800 per annum,…

A: Given Selling price for each machine = $7,700 Fixed cost = $289,800 per annum Variable cost = $1,950…

Q: Suppose the years 2005 to 2009 were a period of rapid growth for a certain chain of coffeehouses and…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Trade discount rate 20/15/13 Net Price Factor Single Equivalent Discount

Q: Initial Annual Time to Amount After Investment Rate Double 10 Years 39. $4000 6% 40. $18,000 5% 41.…

A: 42 The investment is $12500 The time to double is 20 yr,. Consider the amount is double of $12500…

Q: Determine the effective annual yield for $1 invested for 1 year at 4% compounded quarterly. O A.…

A: Annual effective yield

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. HINT [See…

Q: An engineering project costs $50000. The benefits at the end of the first year are estimated to be…

Q: You have a choice of two accounts in which to invest your money for one year. Account A pays 3.6%…

Q: Your mortgage payment, monthly PMI, monthly house insurance, and monthly property tax should total…

A: We have given that The mortgage payment, PMI, monthly house insurance, property taxes and gross…

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. HINT [See…

Q: Compute the specified quantity. A 2 year bond costs $10,000 and will pay a total of $4,400 in…

Q: Principal Interest Rate Time (days) Simple Interest 1. P50 000 7% P583.33 Solution: 2. ? 6% 90 P2…

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. HINT [See…

A: Given that p=10+2q, p¯=40 To calculate the producer's surplus for this supply equation

Q: Calculate the producers' surplus (in dollars) for the supply equation at the indicated unit price p.…

Q: 2018 Expenses 3% 6% 20% 50% 21% **Cost of goods sold **Depreciation **Selling and admin…

A: Data visualization is the process of denoting the numerical data visually. Data visualization can be…

Q: Target due: 1/14/21 58.33% 6) Choose the best answer. What is the gross annual pay for Andi if she…

A: Given that Number of hours works in each week=40 Amount for an hour=$27.35 To find The gross annual…

Q: Bank A advertises a money market account that pays 3.7% compounded quarterly. Bank B advertises a…

A: We have to find the annual percentage yield and which bank's money market account would be the…

Q: At what rate(%) of simple interest will a sum of money triple in six years. (Answer in two decimal…

Q: Year CPI 2009 214.5 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014 236.7 2015 237.0 2016 240.0…

Q: How much total interest when the CD matures would you earn if you deposited $1,000 into a CD with a…

A: We have to find

Q: PART II: OPEN-ENDED What is the total selling price at each store after the discounts are applied?…

A: topic - cost price and selling price

Q: Calculate the producers' surplus for the supply equation at the indicated unit price p. (Round your…

Q: A certain company grants a six-month investment product that offers to pay its clients 8% the first…

A: Rates are given as follows, Xi: 8%, 12% , 11%, 8%, 14%, 15% Total months are n= 6 We know that the…

Q: What effective rate is equivalent to a nominal rate of 5%compounded quarterly? 1 4. Select one: O…

A: Given that a nominal interest rate of 514% compounded quarterly. We have to find the effective rate…

Q: The effective rate of the interest that is equivalent to a 4% rate compounded monthly is: O 4.07 % O…

Question

Could you help me on 7 and 9 please?

nd 2.
Principal
Rate
Time
1
$1500
14%
2
уears
7.
$375
18%
6 months
8.
$775
15%
8 months
9.
$2500
16%
21 months
10.
$1000
10%
18 months
12. $265,000 is borrowed to buy a house.
terest rate on the 30-year loan is 8.25
est paid on the loan and the total ame
14. The Rool
6.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Simulation$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.