Question 21 of 24 Natalie, a sales representative at a jewelry store, receives a 2.00% commission for the first $13,000 in sales he makes, 4.00% for the next $25,000, and 6.00% thereafter. If he was paid $1,750.00 in commissions last month, calculate the amount of sales he made. Round to the nearest cent

Q: Question 3 of 4 What single payment today would replace a payment of $2,550 in 2 years and a payment…

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Q: Question 5 1 pts This year Rachel bought an annual pass for her favorite theme park. She paid $275…

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Q: Question 3 of 12 A distributor of batteries received complete payment of $8,550.50 for ten…

A: Amount of discount is = Marked Price – Selling Price.

Q: Question 14 If 100,000 php is deposited in a bank that grows 4% interest discretely, how much will…

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Q: Use the future value formula to find the indicated value. FV = $4512; n= 15; i = 0.08; PMT = ? PMT =…

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Q: In the scenario below, identify each of the following: P, FV, I,r, and t. Kimi borrowed $8,000.00 at…

A: We have to specify the principal ,. Future value, rate of intrest , time ,

Q: 5. Mr. Manalac invested P 100,000.00 to a certain business which earns P 20,000.00 every 2 months…

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Q: Question 8 You have $68,000 that will be invested in a Mutual fund that averages 5.3% annual rate of…

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Q: Question 18. A Fund is set up such that the first monthly payment is £360 and subsequent payments…

A: We need to find fund and month.

Q: Suppose your salary in 2012 is $70,000. If the annual inflation rate is 5%, what salary do you need…

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Q: Offered a job with a low starting salary but with a $2,000 raise for each of the next 7 years . How…

A: Given Offered a job with a low starting salary but with a $2,000 raise for each of the next 7 years…

Q: Question 2 The cash price for a bike is $240. Peter bought it on payment plan over a one year…

A: From the given information we find the solution.

Q: the lottery winner who is going to invest in utility bonds and a savings account using the following…

A: Given that, Total winnings of a lottery winner = $700000 Interest rate of Utility bonds = 14%…

Q: You purchase a mutual fund at an offer price of $15.79 per share. If the net asset value is $15.26,…

A: The solution is given below.

Q: Question 5 You have $2,000 on a credit card that charges a 18% interest rate. If you want to pay off…

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Q: Question 6 Davies saves of his paycheck each week for a trip. He has saved $360 over a 6-week…

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Q: At the benefit performance, twenty wealthy men agreed that the first one to arrive will pay 1 peso…

A: There is total 20 wealthy men.

Q: The Bainters are considering a rental home with $1,190 monthly rent at move-in with a 1.7% increase…

A: If an amount A increases at the rate of R% annually then its value after n years is given by the…

Q: Suppose you agreed to work for 1cent the first​ day, 2cents the second​ day, 4cents the third​ day,…

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Q: 2. A computer shop charges P20.00 per hour (or a fraction of an hour) for the first two hours and an…

A: For first 2 hours, charge = P 20.00*2 = P 40.00 So the remaining time = 5.5- 2 = 3.5 hrs. So,…

Q: QUESTION 1 If $7,000 is borrowed for 6 years at an annual simple interest rate of 8%, find the…

A: Principal amount $7000 Rate = 8% simple interest  Time = 6 years

Q: Complete the sum-of-the-years' digits method of depreciation. Useful Life (years) = 8 SOLVE FOR…

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Q: $400 at 2% for 6 years Group of answer choices Interest = $48.00 Interest = $4.80 Interest = $33.33…

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Q: Express 0.225 as a percent

A: Given; 0.225.

Q: Question 6 <. Adriana worked 27 hours last week. Her job pays $15 an hour. How much did she earn…

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Q: 1) Calculate the simple interest earned. Round to the nearest cent. P = $9030, r = 6.75%, t = 8…

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Q: Question 11 Previous Jenelle bought a home for $230,000, paying 14% as a down payment, and financing…

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Q: A house purchased for $171037 is worth $66403 after 15 years. Assuming that the house's value…

A: Topic - depreciation of house

Q: Your starting salary at a new companv is $34,000 and it increases bv 2.5% each vear. What will vour…

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Q: Question 3 of 12 A distributor of batteries received complete payment of $8,550.50 for ten…

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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: Rework problem 17 in section 2 of Chapter 5 of your textbook about the lottery winner who is going…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: A machine has a salvage value of P12,000 at the end of its useful life of 6 years. The book value at…

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Q: Illustration 31. A lottery sells 100000 tickets of Re. 1 each to award a prize of Rs. 10000 to the…

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Q: Bianca had a $2,200 simple interest CD that paid her $122.76 when it matured after 3 years.  What…

A: Given that :-Simple interest =  $122.76 Principal (initial value) =  $2,200 Time =3 years

Q: Question 23 A father deposits 16,000 php in a trust fund for his son's education every six months…

A: Given:         Principal P=16,000 php        Rate of interest =12%=0.12            compounded…

Q: QUESTION 6 Katie owns a home valued at $129,900 in Syracuse, NY In 2017. Katie paid $2,254 in school…

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Q: uppose Ben and Taylor deposit $1200 into an account earning 3.6% simple interest for 15 months. How…

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Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 4.8%. If you deposit…

A: after three years you have $1381.22

Q: If $2500 is invested at an interest rate of 6.5% per year, coumpounded daily, find the value of the…

A: We know that if P=principal, A= amount, r=rate, t=time, n= number of times interest is compounded,…

Q: QUESTION 26 Change the fraction 25/48 to a percent. Round to the nearest tenth of a percent.

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Q: Problem 1. Susan borrows $400 for 11 months at 11 % per annum simple interest. What is the amount…

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Q: Given that P = $7,610, r = 0.01, 25 for a compound interest problem, compute A. Round m 365, and t…

A: By using the formula for A we solve the given problem as follows :

Q: A loan is to be repaid quarterly for 12 years that will start at the end of 3 years. If the interest…

A: Formula for present value

Q: Question 4 Yusra has a term loan and after her 42nd payment she still owes $6,728.25.  The annual…

A: We will solve the problem

Q: Suppose that you borrow $15,000 for a new car. You can select one of the following loans, each…

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Q: Question 1 of 8 An investor purchased a 97-day, Government of Canada T-bill that had a simple…

A: We have to find the price value

Q: Use the future value formula to find the indicated value. FV = $5708; n = 28; i = 0.04; PMT=?

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Q: A sum of $3,000 was invested for 4 years, and the interest was compounded semiannually. If this sum…

A: using compound interest formula and  log properties to solve this

Q: A person lent P5000.00 to B for 2 years and P3000.00 to C for 4 years on simple interest at the same…

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