Question 6 of 15 Ivy purchases phones for $251.00 each and is selling them for $304.00 each. a. What is the rate of markup?

Q: Question 21 of 24 Natalie, a sales representative at a jewelry store, receives a 2.00% commission…

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Q: Question 17 of 22 Melissa, her spouse, and her mother jointly purchased an estate for $640,000.…

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Q: A boat is worth $7,000 when it is 5 years old and $2,000 when it is 10 years old. What is the rate…

A: Here the boat worth at 5 year is = $7000                 boat worth at 10 year is = $2000 So the…

Q: An art dealer buys a rare painting for $100000 and resells it for $125000. Express her profit as a…

A: An art dealer buys a rare painting for $100000 and resells it for $125000. To express her profit as…

Q: D Question #1 Determine how much is in the Account, if $5,000 is invested into a bank account for 3…

A: Since the student has posted multiple questions and does not mention any specific question, so we…

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: snip

A: If a principal of P dollars is borrowed for a periodof t years at a per annum interest rate r,…

Q: QUESTION 9 Alex saves a quarter of his lunch money every day, five days a week. If his daily lunch…

A:

Q: Question 7 What was the annual interest rate if a CD earned $161.46 on a principal of $2,500 over 25…

A: We have to find

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

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Q: Illustration 21.21. Comment critically on ine ments. (a) More surtax payers die in a year than the…

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Q: QUESTION 7 Find the annual percentage yield (APY). A bank offers an APR of 4.7% compounded daily. O…

A: We have to use suitable geometric summation of interest formula.

Q: Question 21 of 24 Natalie, a sales representative at a jewelry store, receives a 2.00% commission…

A: He earned a commission of 2% for the sale of $13000 and 4% for the next sale of $25000 and for next…

Q: This Question: 1 pt Find the APY corresponding to the following nominal rate. 4% compounded…

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Q: QUESTION 31 Find the annual percentage yield (APY). A bank offers an APR of 4.25% compounded…

A: A bank offers APR of 4.25% that is compounded quarterly. To find the annual percentage yield APY:…

Q: What is the effective annual interest rate of a 4% nominal annual interest rate compounded daily.…

A: Effective Interest Rate i=1+rMM-1×100 % where r is nominal interest rate M is number of compounding…

Q: THE FOR AN APARTMENT INCRE ASED MEDIAN RENT 2009 TO * 1097 IN 2019 Ex PRESS FROM $960 IN TH IS PER…

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Q: Question 14 Find the effective yield of an investment that earns 3.9% compounded weekly. round to…

A: Given that An effective yield of an investment that earns 1.9% compounded weekly.

Q: Question 4 Bud's after-tax income for the month is $3,200. Using the 50/30/20 rule, how much should…

A: Given :   Monthly after tax income = 3200 50/30/20 budget Rule

Q: The authors of the book derived the following formula for interest: Final Amount = (Initial Amount)…

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Q: Suppose admission to a movie cost $7.50 in 2005. What was its price in 1979 dollars? Assume that all…

A: The answer is $2.79

Q: You purchased 300 shares of a non-dividend paying stock at $50.00 per share using 50% margin at a…

A: You purchased 300 shares of a non-dividend paying stock at $50.00 per share using 50% margin at a…

Q: At what annual (simple interest) rate did the population of some county increase from 1970 to 2000?…

A: Given that,

Q: Find the effective annual interest rate r of the given nominal annual interest ra 12% compounded…

A: Nominal rate is 12%

Q: What effective rate is equivalent to a nominal rate of 6-% compounded quarterly? 4 Select one: O…

A: we have to find the find the effective rate equivalent to the nominal rate 634% compounded quarterly…

Q: Question 18. Find the balance on an account if you invest $ 785 at 5.3% for 13 years compounded…

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Q: Given the rate per compounding period, find r, the annual rate. 4.425% per quarter % (Round to three…

A: Solve 7 & 8

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

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Q: QUESTION 25 Calculate the amount of interest you'll have at the end of the indicated period. You…

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Q: These additional prob problems involving compound 1. How much should your m quarterly if she needs…

A: Solution of all questions

Q: Question 3 St. Francis Xavier College wants to provide an annual scholarship worth $4000. The…

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Q: Question 10 How much monthly interest would you pay on a car loan balance of $23,000 with an annual…

A: Formula  Interest I=P×t×r

Q: If Abigail purchased a phone for $245 and sells it for $262: a. Calculate the rate of markup. %…

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Q: Question 1 of 10 Calculate the amount of interest earned on a $12,500 investment made for 2 years at…

A: Given  Amount invested P = $12500 Rate of interest r = 3% Time = 2years

Q: alculate the amount of interest earned on a $12,500 investment made for 3 years at 5% p.a.. und to…

A: Given that the invested money is $12500 and for 3 years and rate of interest: 5.5% per annum. Find…

Q: A vehicle purchased for $20,700 depreciates at a constant rate of 7%. Determine the approximate…

A:

Q: Complete the following table (assume the overtime for each employee is a time-and-a-half rate after…

A: Overtime is considered after 40 hours. Overtime rate is 1.5 times the regular rate.   Total hours…

Q: Question 9 of 15 Raul inherited $3,100.00 from his grandmother. He wants to use the money to take…

A:

Q: If you earn $13.25/hour and work 15 8-hour shifts in a month, then how much do you earn in total for…

A: Given: Amount earned per hour=$13.25 Number of hours per shift=8 Number shifts in a month =15 The…

Q: (in million peso) for e shown in the table be

A: Let us define the independent  (X) and dependent (Y) first. Let , X be year and it is treated as…

Q: If a principal of P dollars is borrowed for a period of t years at a per annum interest rate r,…

A: We know, If a principal of P dollars is borrowed for a period of t years at a per annum interest…

Q: QUESTION 8 What is the monthly periodic rate on a loan with an APR of 18.6%? O a. 1.86% O b.0.62%…

A: 18.6%/12 =1.55% so 1.55% is the monthly periodic rate on a loan with an APR of 18.6%.

Q: Question 2 The price of an item will increase by RM4 every month. If the current price is RM258,find…

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Q: Question7 a.what is the annual rate ? R= ___ b. What is the correct answer from part A written in…

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Q: The following data for economic growth and interest rate per year are given:

A: From the given information, the correlation coefficient between economic growth p.a. and interest…

Q: What is the actual rate of interest if RO 4000 deposited for 3 years attracts interest of RO 1440?…

A: Interest = I = 1440 Principal Value = P = 4000 Time =T = 3

Q: Question 5 How much total interest when the CD matures would you earn if you deposited $1,000 into a…

A: We have to find

Q: Question 7 of 15 If the cost of a product is $107.50 and it has a 15.00% margin, calculate the…

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Q: What is the periodic rate (i) of 10.8% when compounded quarterly?

A:

Q: QUESTION 2. Calculate the simple interest on $600 left in account that pays 7% annual interest for 8…

A: There is no such introduction for the solution.I have explained it within the solution.Please go…