cover credit card is advertising a special 5% cash-back bonus on all grocery store and restaurant purchases.  Discover Card users also receive the regular 1% cash-back bonus on all other purchases.   Suppose that you typically charge a total of $2,0

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A: Total bill of hospital = $5280 According to the payment structure of health insurance policy, we…

Q: Gabe purchased a razor for $9.99, a refill pack of razor blades for the regular price of $12.99,…

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Q: Noah sees a pair of shoes he wants to buy. The shoes have an original price of $40 but are $10 off…

A: Given,The shoes have an original price of $40 and $10 off this week.

Q: A credit card offers no interest no payments for 12 months. You make a purchase of $3500. You make…

A: purchase made A= $3500 monthly payments m= $300 Amount made during the first year (11 payments)…

Q: You borrowed $120,000 for a house and will have to pay $1,090 a month for 15 years. True or False:…

A: We can say it true or false with reason as below.

Q: Lenders such as banks, credit unions, and mortgage companies make loans. The person receiving the…

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Q: Sheridan Service has a line of credit loan with the bank. The initial loan balance was $6000.00.…

A: Given Inputs Initial Loan Balance = $6,000 Payment made after 4 months = $2,000 Payment made after 9…

Q: Based on the value of the​ guitar, the pawnbroker loans you $960 One month​ later, you get the…

A: Effective Annual Interest Rate CalculationFormula:Effective Annual Interest Rate (EAR) = (1 + (i /…

Q: you can buy a car for $25200 or lease the same car for 3 years for a down payment of $1500 and…

A: Consider the given information.  The basic price of the car is $25200.    If you are taking a car on…

Q: The total interest on a discounted loan is $40. If Bob received $480 into his bank account, what is…

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Q: John wrote a book and his deal allowed him to receive a 15% royalty based on the total sales of the…

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Q: Daisy Rose has a credit card that charges a finance charge on the previous balance according to the…

A: Solution:-  Since the previous balance is between 100$ & 200$ therefore, the finance charge will…

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Q: If a T-shirt costs $15 and you have a coupon for 25% off, how much will the final cost of the…

A: Percentage is expressed using sign .can be written as .

Q: If you put $500 in a bank for 5 years and earn $75 in interest, the interest rate is 4%. O True O…

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Q: The Hilton Resort in South Carolina offers a 3-day accommodation at a promotion price of C$316. If…

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Q: You can buy a car for $25,200 or lease the same car for three years for a down payment of $1,500 and…

A: From the given information, it is observed that the basic price of the car is $25,200. If the car is…

Q: Ernie Rolph borrowed $5100 at 6% annual simple interest. If exactly 1 year later he was able to…

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Q: On January 1, 2009, Deandre owed $9,230 to his friend Mariah, who was kind enough not to charge…

A: Introduction: It can be assumed that Person D payed some amount back to Person M for each of the 12…