Profit Suppose a new business makes a profit of$2000 in its first month, and its profit increases by10% in each of the next 11 months. How much profitdid it earn in its first year?

Q: 7. Company Profits The table shows the profits earned by a small company during the first six months…

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Q: Buying a Cottage A group of friends decides to buy a vaca- tion home for $120,000, sharing the cost…

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Q: Airspeed An airline runs a commuter flight between Portland, Oregon and Seattle, Washington, which…

A: Distance is 145 miles. Let s be the airspeed at any time t. Now, Speed=distancetime⇒s=145t    →1 Now…

Q: Your parents invest $10,000 in a college fund when you are born. They find a fund that will return…

A: ∗  $10,000 invest            8%  return             =10000×8100            =$800     After  1…

Q: Earthquake Magnitudes If one earthquake is 20 times as intense as another, how much larger is its…

A: Formula to obtain the magnitude is M=logIS.

Q: a car depreciates by 16% per year. how many years will it be until the car is worth half its…

A: a car depreciates by 16% per year. how many years will it be until the car is worth half its…

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

A: Given: The starting salary is $30000. Yearly increment is $2300. Total number of years is 10.

Q: receiving his first income, Juan dela Cruz invested P20,000 in a bank for his future family. The…

A: Given the query is to find growth rate, money after 10 years and time taken to double the amount.

Q: total amount due principle and compound interest

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Q: Simple and Compound Interest     Laura invests $2,000 in a bank account where she earns simple…

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Q: Question  a) The major Airline is planning to purchase new airplanes. It wants to borrow $800…

A: In business mathematics there involve many problems that we have to calculate the investment,…

Q: A person invests 8000 dollars in a bank. The bank pays 6.75\% interest compounded quarterly. To the…

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Q: Salaries Suppose you are offered a job with a relatively low starting salary but with a $3000 raise…

A: Consider the provided information. The starting salary is relatively low but the increment in the…

Q: 5. A man invested $20,000 into two accounts paying 5% and 10% simple interest per year. If his…

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Q: You can afford a $300 per month car payment. You've found a 4 year loan at 4% interest. How big of a…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: Jason invests $6000 in a savings account. The savings account pays compound interest at a rate of…

A: Let's find.

Q: Long-Term Investments This exercise is based on the following table, which lists interest rates on…

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Q: Barry open a compound interest savings account and his initial deposit was $817. The account pays…

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Q: Long-Term Investments This exercise is based on the following table, which lists interest rates on…

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Q: Gretta, Trisha, and Steve are investing money in hopes of becoming millionaires. All accounts have…

A: Given:- For Every Person A(P+I)≥ $ 1000000 ; For Gretta:- P=$ 2000 ; R= 10% annual For Trisha P=$…

Q: a person with a starting salary of $35,600 if given raises of 2%, 4%, and 9.3% in each of the first…

A: a person with a starting salary of $35,600 if given raises of 2%, 4%, and 9.3% in each of the first…

Q: Suppose you want to buy a new car that costs ​$32, 900. You have no cash only your old​ car, which…

A: A new car costs $32, 900. You have no cash only your old​ car, which is worth $3000 as a​ trade-in.…

Q: Earthquake Magnitudes The 1906 earthquake in San Fran- cisco had a magnitude of 8.3 on the Richter…

A: Given: The 1906 earthquake in San Francisco had a magnitude of 8.3 on the Richter scale. At the same…

Q: 48. Return on an Investment A business purchased for $650,000 in 2005 is sold in 2008 for $850,000.…

A: From the given data:

Q: Save Use the formula for continuous compounding to compute the balance in the account after​ 1, 5,…

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Q: 5. Work Rate An office contains two printers. Machine B is known to take 3 minutes longer than…

A: Let Machine A takes x minutes then B takes 3minutes loger than A, so it will take x+3 minutes

Q: Profit A new firm loses $2000 in its first month, but itsprofit increases by $400 in each succeeding…

A: Given Loss of first month of a year is $2000 and profit increase by $400 in each succeeding month .…

Q: The population of a city is 174000. If it is increasing by 8% per year, estimate the population in…

A: Given ,  The population of a city is 174000 If it is increasing by 8% per year We have to estimate…

Q: Question A $2,000 bicycle depreciates at a rate of 10% per year. After how many years will it be…

A: Use depreciation formula

Q: Clay has 5 years to save money for a car. He wants to invest $800 in the bank. He has 2 banks to…

A: Initial Investment , P = $800 Number of years = n = 5 years   a) If he invested with Wells Fargo:…

Q: Compound Interest: You deposit $300 in an account earning 5% interest compounded annually. How much…

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Q: When you use credit card to purchase an item, you are actually making a loan. A constant percent…

A: Given data:- Ghel buy a television with the help of a credit card, the cost of television is,…

Q: Investments A woman invests a total of $20,000 in twoaccounts, one paying 5% and the other paying 8%…

A: Given:Total amount invested at two different rates 5% and 8% is $20,000.The annual interest is…

Q: A lathe is purchased by a workshop for €2500. It depreciates by 20% each year. Find the value of the…

A: A lathe is purchased by a workshop for 2500 euros. It depreciates by 20% each year. We have to find…

Q: million in 2017. Find the annual rate of growth of population. 36. The population of a country has…

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Q: Carlos inherits 10,000 from his uncle's estate. He decides to invest the money in a portfolio of…

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Q: EXAMPLE 2 Interest on an Investment Mary inherits $100,000 and invests it in two certificates of…

A: The Principal amount is $100,000 Two interest rate is 6% and 412% Total interest is $5025

Q: 48. Return on an Investment A business purchased for $650,000 in 2012 is sold in 2015 for $850,000.…

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Q: A rent-stabilized apartment in Manhattan rents for $2,000 per month. The landlord is permitted to…

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Q: You invest $250,000 into Fly By Night Industries stock.  The stock declines in value 4% every month.…

A: We find decline stock values here...

Q: Earthquake Magnitudes The 1906 earthquake in San Francisco had a magnitude of 8.3 on the Richter…

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Q: 82. Investments A student invests a total of $5000 at 3% and 4% annually. After 1 year, the student…

A: let student invested $x in 3% annual  interest rate so he will invest the rest of the amount i.e,…

Q: Investing If money is invested for 4 years with interest compounded annually, the future value of…

A: According to the questionFV=C1+r4, where FV= the future value and r is the annual interest rate, C…

Q: Long Term Investments This exercise is based on the following table, which lists interest rates on…

A: Find the time taken in months from the given conditions

Q: The deer population in a certain area increases at a rate of 2.2% per year. There are 2,143 deer in…

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Q: You are investigating two employment opportunities. Company A offers $30,000 the first year. During…

A: Solution: Consider the given that for company A the primary salary is $30,000 and increment annually…

Q: Salaries Suppose you are offered a job with a relatively low starting salary but with a bonus that…

A: To find the total amount.

Q: rate of 7.25%. How much will she have to pay at the end of 8 years? *

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Q: monthly salary for October to December. What will be his average monthly savings for the entire…

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Q: Investments You deposit $200 in a savings account that earns 3% interest compounded yearly. Find the…

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