POSS You bought $2000 worth of stocks in 2012. The value of the stocks has been decreasing by 10% each year. a.) Write an exponential decay function to represent this situation. b.) What will your stock be worth in 2017? Round your answer to the nearest cent.

Q: How much is $1000 worth at the end of 2 years, if the interest rate of 5% is compounded daily?…

A: We have to find the total amount.

Q: 7) You deposit $3,000 into a savings account. You earn 4% interest compounded annually. Complete the…

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Q: 0 $5000 1 $5300 2 $5600 3 $5900 The table shows the amount in a savings account over several…

A: To analyze the pattern of the amount in the savings accounts over the years we can use a line graph.

Q: A house costing $C when new appreciates 11% of the previous year's value each year. How much will…

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Q: 10. CRITICAL THINKING You found an apartment you really like. The rent is $625 per month. This is…

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Q: nt You deposit $1600 in a bank account. The compound interest formula A = P (1 +=) should be used.…

A: This question is can be solved using formula of compound interest.

Q: Inflation causes things to cost more, and for our money to buy less (hence your grandparents saying…

A: Inflation decreases the value of the money by 4% each year. So the inflation rate is 4%

Q: You invest $6,229 in an account paying simple interest at a rate of 2.5% per year. If you make no…

A:

Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 3% per year, with yields reinvested…

A: First we will find amount after 3 years of investment

Q: You deposit $175 in an account that pays 4% interest compounded quarterly. How much will you have in…

A: The formula for the compound interest is given by A=P1+rnnt, where A is the final amount, P is the…

Q: An amount of P dollars is borrowed for the given length of time at an annual interest rate of r.…

A: Given Data: The amount of dollars borrowed for the given length of time is: P=$2900 The annual…

Q: Find the APR of a bond that doubles its value in 1515 years.       Question content area bottom…

A: APR=4.8%Explanation:To find the annual percentage rate (APR) of a bond that doubles its value in a…

Q: Inflation   Housing prices have been rising by 6% per year. A house now costs $250,000. What would…

A:

Q: pproximately 89% of New Orleanians have car insurance. Of those who do, 23% have GEICO. What percent…

A: given data,  89% of New Orleanians have car insurance.Of those who do, 23% have GEICO.p(New…

Q: An amount of P dollars is borrowed for the given length of time at an annual interest rate of r.…

A: Formula for the simple interest is I=P×r×t where I is simple interest , P is principle amount, r is…

Q: 1. $10,000, 4%, 8 year (solve for I) (1 Point)

A: Interest=( p*r*t)/100 Where p= principal r= rate t= time

Q: Unit #4 – Lesson #7 Exit Ticket: The value of an investment increased by 11.8% after 5 years of the…

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Q: 33 Marilyn collects old dolls. She purchases a doll for $450. Research shows this doll's value will…

A: This cane be modeled by following formula : Where, P is initial value = $ 450 r=growth rate =…

Q: You invest $500bin an account earning a simple interest rate of 4.25%. How long will it take for…

A: Solution

Q: The following table shows the tuition for a semester at CBU in dollars for years since 1990. Year…

A: Note: As per guidelines we will only answer the first three subparts, please repost other subparts…

Q: If you deposit $6 500 into an account paying 8% annual interest compounded monthly, how much money…

A: Formula:            where F.V. = The future value of the investment…

Q: Which account is a better investment? An account earning 6% simple interest An account earning 5.4%…

A: Let principle amount be $1000 on which interest is calculated. Also let time period be 1 year. Now,…

Q: 3. Two savings account start with $100 each. Account A earns $2 annually while account B earns 2%…

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Q: 00 %24 %23 Abe Frill wants to attend AVP Tech. He will need to have $15,000 seven years from today.…

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Q: A house appreciates in value at 4.6 % per year a- determine an equation that can be used to model…

A: Given: A house appreciates in value at 4.6 % per year.

Q: 8 -% 10 d5 d 8 -%=0 10 (Simplify your answer.) ***

A: 810%et=?