Based on the following, find the Corolla that is 8 years old and is priced at $10,000. What is the approximate residual price?

Q: As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI…

A:

Q: If you have been hired at an annual salary of $23000 and expect to recieve annual increases of 5%.…

A: Solution

Q: Apply IRR to project requiring $100m outlay, returning $106m in 1 year when opportunity cost of…

A: Given :Initial Outlay = $ 100 mYear one = $ 106 mPeriod = 1 year

Q: Consider a credit card with a balance of $8000 and an APR of 21%. If you want to make monthly…

A: According to the given data, find the total amount:

Q: Find the annual rate of interest required for OMR 722 to earn OMR 76 interest in 3 years

A:

Q: find the maturity value of an investment of $1200 invested at 6% simple interest for 5 years

A:

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A: Given:To find: Simple interest rate .

Q: Find the principal amount for the rare of interest 10% p.a.time 3 years and compound interest earned…

A:

Q: Find the total interest paid of the loan if the amount borrowed is OMR 25,000 at 5% interest for 8…

A: I am using Simple Interest formula for this. S.I.=(25,000*5*8)/100 S.I.=OMR 10,000

Q: . An investment of $2950 earns 6.50% interest per year. Calculate the value of the investment when…

A:

Q: If you can't start saving that early in your careerat the age of 24until you retire at 64, you will…

A:

Q: The principalP is borrowed and the loan's future value A at time t is given. Determine the loan's…

A: Here we will find out the required value of simple rate of interest.

Q: Find the effective rate of interest.; For 6% compounded monthly

A:

Q: Find the present value that will grow to $5000 if interest is 6.5% compound quarterly for 15 years.…

A: Given that future value is $5000 and interest is 6.5% compound quarterly for 15 years. Find the…

Q: find what simple interest rate will be necessary for sonny to get a 50% return on a $500 investment…

A:

Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

A:

Q: Find the accumulated amount at the end of 6 months on an $400 deposit in the bank paying simple…

A: Note- As per our policy we can answer only 1st question. If you want solutions for other, then you…

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

A:

Q: 2. The average price of a compact car is $20,000. If the value of the car depreciates an average of…

A: Given: The average price of a compact car is $20,000.

Q: Find the effective rate equivalent to 10 points. 15% compounded quarterly. * 1 Add file

A:

Q: What monthly amount is needed for a car loan with a starting balance of $8000 over 3 years with a…

A: Given,             P=$ 8000            r = 0.65 % = .65100 = 0.0065            t = 3 years .Then ,…

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A:

Q: Which of the following is the balance for a single $2700 deposit in an account with an APR of 4.5%…

A: principle (p)=$2700rate (r)=4.5%Time (t)=7 years

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A:

Q: For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after…

A: Consider the given information. Total payment per year. P=$10,000 Time period is defined as, n= 10…

Q: For simple interest, present value can be calculated using: OP=A-I OP=A+I OP= Prt OP=I-A

A: A = final amount (future amount)P= initial amount (present amount)I = interest amount

Q: $3,000 is invested for 18 months compounded at the interest rate of 0.75% every month. Give your…

A:

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the​ loan's…

A:

Q: 4. A student took out a simple interest loan for $2800 for two years at a rate of 6% to purchase a…

A: The simple interest formula is: A=P(1+rt)

Optimization

Optimization comes from the same root as "optimal". "Optimal" means the highest. When you do the optimization process, that is when you are "making it best" to maximize everything and to achieve optimal results, a set of parameters is the base for the selection of the best element for a given system.

Integration

Integration means to sum the things. In mathematics, it is the branch of Calculus which is used to find the area under the curve. The operation subtraction is the inverse of addition, division is the inverse of multiplication. In the same way, integration and differentiation are inverse operators. Differential equations give a relation between a function and its derivative.

Application of Integration

In mathematics, the process of integration is used to compute complex area related problems. With the application of integration, solving area related problems, whether they are a curve, or a curve between lines, can be done easily.

Volume

In mathematics, we describe the term volume as a quantity that can express the total space that an object occupies at any point in time. Usually, volumes can only be calculated for 3-dimensional objects. By 3-dimensional or 3D objects, we mean objects that have length, breadth, and height (or depth).

Area

Area refers to the amount of space a figure encloses and the number of square units that cover a shape. It is two-dimensional and is measured in square units.