What is the rate of depreciation (in dollars per year) after 5 years? The salvage value S (in dollars) of a company limosine after t years is estimated to be given by the formula below. Use the formula to answer the questions. S(t)=800,000(0.9)*

Q: A bank features a savings account that has an annual percentage rate of r=5.4r=5.4% with interest…

A: Principal =$4000 Rate =5.4% Time =99 year  To find quarterly rate =5.4/4 =1.35 % Time =99×4 =396…

Q: The APY of 1,000 invested at 6% with semiannual compounding is ?

A:

Q: Thorium-228 is a radioactive substance that decays 50% every 1.9 years. How much of a 50 gram sample…

A: Given query is to find the amount remaining after 22.8 years.

Q: An RRSP is an investment offered by many financial institutions. In a particular RRSP, which is…

A:

Q: Nikolas invests $1,400 into a certificate of deposit that earns 1.8% compounded semiannually (twice…

A:

Q: What is the APY for money invested at each rate? Give your answer as a percentage rounded to two…

A: For 6% compounded monthly: Let r be the nominal annual interest rate, and n be the number of…

Q: Compute the specified quantity. A 3 year bond costs $20,000 and will pay a total of $3,600 in…

A: 1. The cost of the bond: (Principal)2. Total interest paid over the bond's lifetime: (Interest)3.…

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

A:

Q: ute the specified quantity. ear bond costs $20,000 and will pay a total of $3,600 in interest over…

A: Simple interest with time

Q: How long will it take for an investment of $9,000 to triple if the investment earns interest at the…

A:

Q: You deposit $7900 in an account that pays 1.29% annual interest. Find the balance after 5 years when…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: How long would it take for your money to double if it is invested at 4% compounded continously?…

A: To calculate the time it takes for your money to double when invested at 4% compounded continuously,…

Q: Find the present value of 1000 due at the end of 10 years if i(4) = 9% and d6 = 9%

A: Given: i(4)=9% d6=9%

Q: Q6. SR2, 800 is needed for a purchase. The buyer has SR2, 500 and will invest the money at 9% annual…

A:

Q: In 2012, the price of 1lb baking potato was $0.9. Use annual inlation rate of 6% to calculate the…

A: In 2012, the price of 1 lb baking potato was , P =  $0.9.  inflation rate , r  = 6%  t = 9 years…

Q: Recall that the formula for earnings on a principal investment compounded annually is: A = P * (1 +…

A: the formula for earnings on a principal investment compounded annually is:   A = P * (1 + r)t…

Q: 6000 at 6% compounded  semiannually for 2yr

A:

Q: Suppose you invest $2500 in an account that pays 5% interest compounded monthly. How much money will…

A: Given,P= $2500, r = 5% = 5/100 = 0.05 , n = 12 ( Since, interest compounded monthly). t = 4 years.

Q: to find the amount that results from the given investment, use the compound interest formula with P=…

A:

Q: gasoline prices are rising at a rate of 0.8% per month.  What is their doubling time? Bywhat factor…

A: gasoline prices are rising at a rate of 0.8% per month. Let its present price is x . Let after n…