A vehicle purchased for $25000 depreciates at a constant rate of 4%. Determine the approximate value of the vehicle 15 years after purchase. Round to the nearest whole number.

Q: Calculate the simple interest earned. Round to the nearest cent. P = $3000, r = 6.6%, t = 23 days

A: The given data .The objective is to find the simple interest earned.

Q: Find the instantaneous rate of change in the amount in the account at the time the amount is equal…

A: Given that an investment of $10,000 earns interest at an annual rate of 6.7%…

Q: How long will it take for $3000 to grow to $43000 at an interest rate of 8.1%. if the interest is…

A: Let's find.

Q: At age 30, Julio starts a retirement account. He deposits $145 at the end of each month in an…

A: The deposit monthly  $145  APR=3%=0.03 a) A=Pmt x 1+APRnnT-1APRn................equation 1 Here,…

Q: An investment of $75,000 increases at a rate of 12.5% per year. Find e value of the investment after…

A: An investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after…

Q: Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 52% for…

A:

Q: Sanjeep takes out a $250,000 mortgage. The yearly interest rate on the loan is 5% and the loan is…

A:

Q: Find the interest. Round to the nearest cent. $400 at 7% for 3 years

A:

Q: Over the previous period, your company had accounts receivable of $95,800 and credit sales of…

A: Given accounts receivable=$95,800 credit sales= $573,229.51 to find out: average collection period=?…

Q: If there is 24% increase on a $39 item, then how much is the new cost for next year? Round to the…

A: The objective of this question is to find out the new cost of an item after a 24% increase on its…

Q: $1,400, at 8% interest, for 42 months

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 5.50%, t = 4 months…

A:

Q: Compute I. P = $4500, r = 6%, t = 14 months

A: As we that the expression for the simple interest: I=P×r×t100 Where: 'P' is the principal, 'r' is…

Q: find the total amount due and the amount of simple interest earned. round to the nearest cent…

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 4.25%, t = 6 months

A:

Q: Calculate the simple interest earned. Round to the nearest cent. P = $3000, r = 3.8%, t = 17 days

A:

Q: You purchase a mutual fund add an offer price of $15.79 per share. If the net asset value is $15.26…

A: Here we have to find the sale charge percent

Q: If the markup on an item is 30.00% of its selling price, calculate the markup as a percentage of the…

A: To calculate the markup as a percentage of the cost of the item if the markup on an item is 30.00%…

Q: You want to save $20,000 for a down payment on a home by making regular monthly deposits over five…

A: