Predict the price when the prime interest rate is 7%. Round the answer to at least four decimal places. When the prime interest rate is 7%, the price is predicted to be

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

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Q: The principal represents an amount of money deposited in a savings account subject to compound…

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Q: A vehicle is purchased for $45000. If the vehicle depreciates (loses value) at a rate of 20 percent…

A: Given query is to find the value of the vehiuafter 6 years.

Q: The principal represents an amount of money deposited in a savings account subject to compound…

A: Given that,

Q: The principal represents an amount of money deposited in a savings account subject to compound…

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Q: $5000 8% annually 4 years   A. Find how much money there will be in the account after the given…

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Q: Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest…

A: Solution:-

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

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Q: Change the given form into the decimal form. 5-% A 0.00525 B) 0.0625 C) 0.525 D) 5.25 E) 0.0525

A: Note: As per our guidelines, I have solved one problem. If you want a solution for other, kindly…

Q: Find the interest rate (round your final answer to the nearest percent) P = $70, I = $3.50, t = 6…

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Q: Jolene's MasterCard statement shows an average daily balance of $680. Find the interest due if the…

A: Here, average daily balance= 680 rate=0.016

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

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Q: Principal Rate (%) $145,000 14-1/2 14¹ Time 8 months SA Interest X LA Maturity Value X

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Q: Find the simple interest. Assume the rate is an annual rate. Assume 360 days in a year. Principal…

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Q: You take out a $200 loan that charges 6.8% simple interest. How much will you owe, including…

A: Given,  P=$200 Interest rate, r =6.8% Time,T =4 years