You purchased one share of Acme stock for $500 at the beginning of the week. On Monday the stock value increased 8%, then decreased 2% each day on Tuesday, Wednesday, Thursday, and Friday. What’s the value of the shares at the end of the week? Round to the nearest cent.

Q: The manager of Brass Antiques has determined that a markup rate of 27% is necessary for a profit to…

A: We will find out the required value.

Q: You decide to save for a car costing $1200 (You are a big spender). You want to make deposits for 24…

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Q: A person buys a boat for $32,750. The boat loses value at a rate of 4.2% per year. What will the…

A: Given: The boat price is(Amount)=$32,750 Rate of interest(loses value)=4.2% To find: The value of…

Q: If gas prices are now $3.75 and they were up 10% from 6 months ago, how much were gas prices 6…

A: Let 6 months ago gas prices be  'X'. At present it is increased by 10%. So present prices of gas   =…

Q: In a 7 years, you want to have $3,120 worth of remodeling done to your house bathroom. How much…

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Q: National Storage paid a dividend of $1.90 per share last year. If yesterday's closing price was…

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Q: you are buying and reselling items found at your local thrift shop. you found an antique pitcher for…

A: Given that you are buying and reselling items found at your local thrift shop. you found an antique…

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: Sales last year for a department were $124,560. This year planned sales are forecast to increase by…

A: The sales of last year is $ 124,560.   The increment of 4.2 % in $ 124,560 is:

Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 9.2%. You want to have…

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Q: ou purchase 480 shares of stock at $37.60 per share. Several months later you sell the shares at…

A: Given problem is : You purchase 480 shares of stock at $37.60 per share. Several months later you…

Q: Sergio applied for a job with a starting pay rate of $8.00 per hour. The manager who hired him said…

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Q: Jamie wants a new smart/TV sound system that cost $1,250. He does not have that much in cash to…

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Q: You have an opportunity to purchase a bond that will pay out $734 in 14 months.  If you would like…

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Q: Three years ago, Jolene bought $625 worth of stock in a software company. Since 1 then the value of…

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Q: You purchase 260 shares of stock at $37.20 per share. Several months later you sell the shares at…

A: Given, You purchase 260 shares of stock at $37.20 per share. Several months later you sell the…

Q: Your friend has a credit card with an APR of 49.9%. What would his finance charge be on a $500…

A: From the given information, it is observed that APR = 49.9% Duration = 1 month Amount = $500 Note…

Q: You put ​$350 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

A: let   P = $350 the principal invested r = 0.045 or 4.5% annual interest rate   t = 21 years