Show work! A job pays $35,000 for the first year with an annual increase of 4.75% per year beginning in the fourth year. What is the total salary paid over a twenty-year period? Round to the nearest dollar.

Q: d the amount of money that accumulates when $310, 000 is placed annually into a non-interest-earning…

A: Given query is to find the amount accumulated.

Q: Annual Rate (%) 2.40 4.00 5.25 5.15 5.15 3.50 If the General Electric bonds you purchased had paid…

A: Using the formula            A = (P+(P×R×T))           where, A = amount, P = principle, R= rate of…

Q: You want to be able to withdraw $35,000 each year for 30 years. Your account earns 5% interest. a)…

A: Amount withdraw each year is P=$35000.,000. Annual interest rate is r=5% Total number of withdrawals…

Q: a. What is the total revenue at the break-even point? Round to the nearest cent b. What are the…

A: Given: Selling price of each component = $ 25.20 Variable cost to manufacture each component = $ 11…

Q: carns 37% per year uarterly in a way that will give you quarterly payments for the next 25 years.…

A: We are asked to find the amount will get ech month

Q: Question Pablo borrowed $50,000 to start a business. Three years later, he repaid the $50,000 along…

A: Here the principal amount is $50,000. Time is 3 years and the final amount repaid is $59,375. Amount…

Q: E-Loan, an online lending service, recently offered 48-month auto loans at 4.8% compounded monthly…

A:

Q: You want to be able to withdraw $20,000 each year for 20 years. Your account earns 7% interest. How…

A: Given data: principal (P) = $20000 time (t) = 20 years rate (r) = 7% = 0.07

Q: You deposit $2000 in an account earning 8% interest compounded quarterly. How much will you have in…

A: Given that:                     Principal amount, P=$2000Rate of interest, r=8%Time period, t=15

Q: 10. Pedro won a prize of $30 000. He has decided to invest in an account paying 3.25% per annum,…

A: We will use compound interest formulae to find solution to the problem .

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: The major Airline is planning to purchase new airplanes. It wants to borrow $800 million by issuing…

A: The information given for the first question is: Principal Amount = $800 million Time = 10 years…

Q: You want to purchase a bond that has a face value of $40,000

A: Given, Face value of the bond: F=40000 Quarterly interest payment: I=40000×8100×14=100×8I=800 Yield…

Q: How much will you pay for the interest if you will borrow an amount P24.000 at 4% simple interest…

A:

Q: 3. Six years ago a Honda Accord was worth $21,000. Now the car worth $15,099. a. What is the annual…

A: Given that six years ago a Honda Accord was worth $21,000 and now the car is worth $15,099. To find:…

Q: You deposit $100 each month into an account earning 3% interest compounded monthly. You should show…

A: Given Initial deposite PV=$100Monthly interest i=3%=0.03Time t=20 years

Q: A man gets a job with a salary of $30,000  a year. He is promised a $2300 raise each subsequent…

A: Given that  A man gets a job with a salary of $30,000  a year. He is promised a $2300 raise each…

Q: You deposit $500 each month into an account earning 3% interest compounded monthly. a) How much…

A:

Q: 20-year home currently Suppose mortgages are available at a rate of 5.5 percent per year. Jason and…

A:

Q: You want to be able to withdraw $20,000 each year for 20 years. Your account earns 5% interest…

A:

Q: A Chief Executive Officer of an investment firm receives a gross salary of $775,000 per annum. a.…

A: topic - periodic payment for different periods

Q: can you solve it with formulas?please make your text readable.

A: Given information PV=$500 Rate of interest r=12% ⇒r=12100=0.01 Time t=2 years Formula for simple…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

A: On Deposit of the amount of $1,000, the deposit will grow by $126.83 in 3 year

Q: You decide to quit using your credit card and want to pay off the balance of $9,600 in 4 years. Your…

A:

Q: You deposit $100 each month into an account earning 2% interest compounded month a) How much will…

A:

Q: You plan to purchase a home mortgage for a home that costs $1,329,731 with a 4% interest rate for 40…

A: Given Data: The cost of the home mortgage is: P=$1329731 The interest rate is: r=4% The time period…

Q: 4. You put 5000 dollars in a saving account that pays 2.5 percent interest annually. What is the…

A: From the given information, the principal is P=5000, interest rate 2.5% and the time is n years.…

Q: Down Payment To start a new business, Beth deposits $1000 at the end of each 6-month period in…

A: Given: Deposits at 6 month period=$1000Rate of interest compounded semiannualy=8%Total time period=8…

Q: Salaries If you accept a job paying $32,000 for thefirst year with a guaranteed 8% raise each year,…

A: Salary is $32,000. Each year the salary increase is 8%. At the end of 1st year we get,…

Q: E-Loan, an online lending​ service, recently offered 60-month auto loans at 4.5% compounded monthly…

A:

Q: Ann and Tom want to establish a fund for their grandson's college education. What lump sum must they…

A: Ann and Tom want to establish a fund for their grandson's college education. What lump sum must they…

Q: low much interest are you going to pay after 45 days if you borrowed 50,000.00 in a lending vestor…

A:

Q: Selling price of home: 78,000 Down payment:4000 Principal(loan):74000 Rate of interest7% Years:…

A:

Q: How much money can you afford for a loan if you know you are going to pay $80 each month for 19…

A: The formula to calculate the equal monthly installments (EMI) that is the equal monthly installment…

Q: An amount of P12, 500 is invested at 3.25% simple interest for 3 years. Complete the table below.

A:

Q: Question 1 You buy an used car for $16,000 and the bank offers you 5.8% interest on monthly payments…

A:

Q: 3. Sheren makes quarterly payments of $750 into an account that pays 7% per year, compounded…

A: We will find out the required value.

Q: Self-employed persons can make contributions for their retirement into a special tax-deferred…

A: According to the given information, P=$10000 n=25 years Annual rate=3%=0.03

Q: 2. At age 30 you invest P5,000 into a mutual fund. If the fund averages an 8% annual return, your…

A: Note: According to our expert guidelines only first individual question is to be answered kindly…

Q: 2. You decide to buy a boat that costs $8200. The normal depreciation 14% per year. How much will…

A:

Q: You find that the going rate for a home mortgage with a term of 30 years is 7% APR. The lending…

A:

Q: Self-employed persons can make contributions for their retirement into a special tax-deferred…

A: Given information m=$10,000 r=2% ⇒r=2100=0.02 t=30 years And n=1 Used formula:- A=m1+rnnt−1rn

Q: You deposit $2000 in an account earning 4% interest compounded quarterly. How much will you have in…

A:

Q: You would like to have $950,000 when you retire in 40 years. How much should you invest each quarter…

A:

Q: A job pays a salary of $24,000 the first year. During the next 19 years, the salary increases by 5%…

A: Given The salary in the first year for the job is $24,000. Then, there is an increase of 5% every…

Q: Bill bought a $2,000 ,9-month certificate of deposit  that would earn 8% annual simple interest rate…

A:

Q: Stark Industries, wants to set up a trust fund for its new research facility, earning 12% compounded…

A: The rate of interest is 12%. The periodical payment is 10 million. We need to calculate the amount…

Q: You want to be able to withdraw $20,000 from your account each year for 15 years after you retire.…

A:

Q: You want to have a $60,000 college fund in 12 years. How much will you have to deposit now in an…

A: The compound interest is A=P1+rnnt. Given that,  the total amount is  A=$60,000, the number of years…

Q: a's father is planning to open a savings account to pay for Amelia's college education. He has found…

A: Given query is to find the value of deposited amount.

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.