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: 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: In 2008 the price of a new Mazda, RX-8, four door coupe was $28,800. Assume that the value of the…

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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: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: See the attachment

Q: Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days…

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

A: Given problem Given that   The principal represents an amount of money deposited in a savings…

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

A: Solution:-

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

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Q: Find the interest. Round to the nearest cent. $400 at 7% for 3 years

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

A: Given Data: The principle deposited amount is: P=$6000 The rate of interest is: r=8% The time period…