A person borrows $12,000 for a car at 8.5% interest for 1.5 years. How much interest is owed?

Q: Mr. oniel borrows $750 for 4 months at 6% interest how much interest does he pay.

A: Given,            Mr. oniel borrows $750 for 4 months at 6% interest.To find : How much interest…

Q: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

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Q: How much would you need to deposit in an account each month in order to have $10,000 in the account…

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Q: You deposit $4000 each year into an account earning 5% interest compounded annually. How much will…

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Q: You know you will have $1,000,000 in your account when you retire. You want to be able to take…

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Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: Ex(30) and fYx show that of - Ix Exlz0)& Lekf:Xy be fIxYbe be it is

A: Introduction: The function f(g(x)) or (f ∘g) represents the combination of functions f(x) and g(x),…

Q: You deposit $6500 into an account paying 8% annual interest compounded monthly. How much money will…

A: solution of the given problem is below ...

Q: fi

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Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your annual return?

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Q: Joy invests $18,000 into an account at an annual rate of 0.6% simple interest for 36 months.…

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Q: w much amount Sara should deposit in an account at 8% to earn an interest of OMR 1200 after 2 years?…

A: Rate of interest =8%, time= 2 years,  S.I.= 1200.  To Find the deposit amount..

Q: et a and b be positive real numbers. If a, A₁, A2,1

A: part a

Q: find the time necessary to yield $30 on $450 at 8% simple interest. answer in months

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Q: a man decides to save money in a mutual investment fund about 13% interest annually. if he leaves…

A: a man decides to save money in a mutual investment fund about 13% interest annually. if he leaves…

Q: You deposit $1000 each year into an account earning 6% interest compounded annually. How much will…

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Q: You deposit $3000 in an account earning 5% interest compounded monthly. How much will you have in…

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Q: You deposit $500 in an account earning 4% interest compounded annually. How much will you have in…

A: The continuous compounding formula is, Pt=P0ert In the formula, P0 is original principle sum, r be…

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

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Q: You have $400,000 saved for retirement. Your account earns 10% interest. How much will you be able…

A: Value(P) = $400,000  Interest (r) = 10%  = 0.10 Time (t)= 15 years  Payout annuity :  P = PMT * (1-(…

Q: You deposit $5000 each year into an account earning 7% interest compounded annually. How much will…

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Q: . Find the simple interest (I = Prt) of $10,000 invested for 6 years at an annual simple interest…

A: Definition: simple interest If an amount of money,  P , the principal, is invested for a period of…

Q: simple

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Q: You deposit $4,000.00 each year into an account earning 2% interest compounded annually. How much…

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Q: You deposit $2000 each year into an account earning 7% interest compounded annually. How much will…

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