Monthly Juans net earnings are 38 000 and expenses are $7,000. If Juan saves the ofference how much will Juan have saved after 5years?

Q: find interest=you have agreed to borrow $50 and after 6 months pay back $58.

A: Given that you have agreed to borrow $50 and after 6 months pay back $58.we have to find the…

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: A stock pays an annual dividend of $1.14 per share. Calculate the dividends paid to a shareholder…

A: The dividend paid for a stock is $1.14 per share. The number of shares a shareholder has is 305.

Q: $350 is borrowed at a rate of 2.5% simple interest for 3 years. How much interest will be paid?

A:

Q: Suppose you spend $12 a week on snacks. If you donate half that amount to a charity, how much will…

A: Given that, you spend $12 a week on snacks.

Q: You owe $2300 on a credit card with 21% APR if you pay $80 a month, how long will it take you to pay…

A: Formula for the loan amortization is  A=Pi(1+i)n(1+i)n-1 where A=periodic payment P=loan amount…

Q: Mr. Nelson had to borrow $1500 to purchase a new water heater after the snowpacalypse. The loan had…

A: Question is related to interest.

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: How long will it take to pay off a student loan of $20,000 if the interest paid on the principal is…

A:

Q: Nicholas Thomas deposits $38,000 in his school credit union for 7 months if the credit union pays 3…

A:

Q: If you make $400 in simple interest on an investment at 8% for 5 years, what is the amount of the…

A:

Q: An investment pays simple interest, and doubles in 13 years. What is the interest rate? Answer =

A: Formula for simple interest is :  I = P×R×T where ,   P = Principal  Amount  R = Annual rate of…

Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…

A:

Q: Zoey has $65,000 in a college savings account which earns 5% annual interest. Zoey plans on taking…

A:

Q: If $600 is borrowed and the interest after 24 months is $120, what is the annual interest rate for a…

A: Solution

Q: if $1200 is invested at 6% simple interest for 5 years, find the amount of interest earned.

A:

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.