Suppose you go to work at a company that pays $0.01 (a penny) on the first day, $0.02 on the second day, $0.04 for the third day, and so on. So, each day your wage doubles. Part a: What would your total income be if you worked 10 days? Part b: What would your total income be if you worked 20 days? Part c: Do you earn twice as much for working 20 days as for working 10 days? Explain

Q: Suppose a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

A: so given a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

Q: How much simple interest would an investment of $2500 earn at the end of 10 years if the interest…

A: Given p=2500, rate =10% per year, time = 10 year

Q: Roslyn plans to use her savings to pay for a holiday. The holiday will cost $6000.  What minimum…

A: Sol

Q: Joelle can purchase the exclusive rights to a licensed product for 5 years for $125,000. Expected…

A:

Q: Suppose you want to buy a new car that costs ​$32, 900. You have no cash only your old​ car, which…

A: A new car costs $32, 900. You have no cash only your old​ car, which is worth $3000 as a​ trade-in.…

Q: Your credit card has a balance of $3200 and an annual interest rate of 16%. You decide to pay off…

A:

Q: The price of a home is $220,000, financed at 7% with a 30 year fixed rate. 20% down and 3 points…

A: The down payment is = Price of Home × percentage of down payment = $( 220,000 × 20%)…

Q: You are thinking about buying a house. You find one you like that costs $150,000. You learn that…

A:

Q: A certain Program that you want to enter cost $2300, and you want to start the program in three…

A:

Q: In a linear depreciation scheme, a tractor had value $32,000 at the start of the year 2008 and value…

A:

Q: You just received a new Visa credit card with a $5,000 limit and a 19% interest rate. You then…

A:

Q: o create a college fund for your child. Suppose you find a fund that offers an APR of 6%. How much…

A: We are given: APR=6%=0.06A=Amount after time t=$89000n=Number of months in a year=12Y=Number of…