A bank offers an annyal inferest rate, of 2,957, compoynded continuosly. How lung Fake to dowble m this bank? Rand to the nerest whole humber yor answer

Q: Jorge borrowed $5200 from the bank. The bank added on a finance charge of $452.92. a. What is the…

A: Solving the following problem

Q: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 7% interest.a) How…

A: According to the given information:Amount earned after retirement PN=$300,000Time (n) = 20yearsRate…

Q: (a) Find an interval so that the secant line for that interval has slope zero. (b) Find an equation…

A: The slope of the secant line is 0 only when the secant line is a horizontal line. Now we pick two…

Q: 1. Rick invested $1500 at 9% per annum for 4 years. a) How much simple interest did he earn on his…

A: Given that  Rick invested 1500 at a rate is 9% for 4 years  To find the simple interest and final…

Q: In his piggy bank, Miquel dropped $1.00 2 $2.50 on May 3. on May 1, $1.75 on May 2 and on until the…

A: Formula: Arithmetic progession: a, a+d, a+2d, a+3d,................,a+(n-1)d  are in arithmetic…

Q: As the payroll manager for a particular company, your task is to complete the following weekly…

A: From the data given in the table , the total number of hours can be calculated by adding all hours…

Q: You work at Target part time. Last week you worked from 3:00 PM to 9:00 PM for 4 days. (Monday thru…

A: Number of hours worked per day is 6 hours. For 4 days total number of hours worked is: 6×4=24 hours.…

Q: Suppose you want to have $600,000 for retirement in 20 years. Your account earns 5% interest. Round…

A:

Q: ppose you want to have $800,000 for retirement in 25 years. Your account earns 6.1% interest. Round…

A:

Q: 3. Jack deposited $1, 250 into a savings account that earned 2.7% yearly interest. How much did Jack…

A: Use formula of compound interest

Q: You are given $1.08 raised to the power of the day of the month for each day in April. For example,…

A: Given: You are given $1.08 raised to the power of the day of the month for each day in April. We are…

Q: Suppose you want to have $400,000 for retirement in 30 years. Your account earns 8% interest.a) How…

A: The objective of this question is to calculate the monthly deposit required to reach a retirement…

Q: Suppose you want to have $500,000 for retirement in 30 years. Your account earns 9% interest. a) How…

A: Suppose you want to have $500000 for retirement in 30 years. Account earns 9% interest. To find…

Q: Suppose you want to have $400,000 for retirement in 25 years. Your account earns 8% interest. Round…

A: The answer is given as follows

Q: Suppose you want to have $400,000 for retirement in 25 years. Your account earns 6% interest. a) How…

A:

Q: 5. Jenny packaged 108 eggs in 9 cartons. Write this statement as a rate. Answer: 6. Anna Maria read…

A:

Q: You want to be able to withdraw $25,000 each year for 20 years. Your account earns 6.1% interest.…

A:

Q: On May 15th ​, Alberto rented a car with a full tank of gas and 10,496 mi on the odometer. On May…

A:

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 10% interest. a)…

A: The objectives are: a) How much would one need to deposit in the account each month?b) How much…

Q: Suppose you want to have $400,000 for retirement in 30 years. Your account earns 8% interest.a) How…

A: The objective of this question is to calculate the monthly deposit required to reach a retirement…

Q: Colleen has an offer to buy a car with a sticker price of $25,900 by paying $460 a month for 72…

A:

Q: You deposit $100 each month into an account earning 4% interest compounded monthly. a) How much will…

A: