You promise your nephew that you will give him $1 on his first birthday and double that amount every year until he is 18 years old. How much money will you give him on his 18th birthday? $324    $131,072    $262,144    $125,016

Q: You have some property which has an assessed value of $260,500. If the tax rate is 65.30 mills ,…

A: Given : An assessed value of $260,500. If the tax rate is 65.30 mills

Q: Tommy has a new job and decides to put $250 each month into a savings account that pays 5.2% monthly…

A: Given that Tommy has started a new job and decides to put $250 each month into a savings account…

Q: Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at…

A: Given that gross earning is $38,300 To find the withholding for the social security, apply the rates…

Q: You deposit $980 in a savings account paying 3.8% simple interest. How much interest will you earn…

A:

Q: Assume you have a home that would cost $265,000 to replace. You currently have the home insured for…

A: Insurance is sharing of risk of damage with insurance company by payment of small premium.

Q: You borrowed $120,000 for a house and will have to pay $1,090 a month for 15 years. True or False:…

A: We can say it true or false with reason as below.

Q: the cost of a loan repayment is $4950 a month.what is the total cost for 12 months

A: given that the cost of loan repayment is $4950 a month. there are 12 months in a year.

Q: Bastian takes out a $3,500 personal loan with 5.6% fixed annual interest compounded monthly to pay…

A: This is a compound interest problem. The correct option here is option (B) Solution provided below

Q: What 999,000% of $20=

A:

Q: A bank account increases the amount of money in the account by 4% each year. Initally, $1,500 is…

A: Recall: Formula for Future value     FV=PV1+rn We have, PV=$ 1,500, r=4%=0.04, n=5 years

Q: $1646.90 increased 15%

A: To find the increased total

Q: The price of a new car is $24,995. The dealership offers a lease price of $350 per month for 5 years…

A:

Q: Mandy earns $945.88 every week. Calculate her yearly salary.         $49,185.76…

A: The objective of this question is to calculate Mandy's yearly salary based on her weekly earnings.

Q: Sarah deposited $9,300 in a savings account that earns 17.5% annual simple interest. How much is in…

A: total amount in her account after 42 months will be  = initial deposited + simple interest   simple…

Q: Sarah spent $500 on a credit card last month. She went online to her account and paid $250 towards…

A: Sarah spends $500 from her credit card last month. So the balance in the credit card now is -500

Q: You deposit $1550 in a savings account paying 3.7% simple interest. How much interest will you earn…

A:

Q: A movie package can be added to a customers cable tv service for a cost of $8 per month. How much…

A:

Q: For 25 years, you deposited $4500 each year into an investment account that earned 6.5% interest.…

A:

Q: You deposit $1500 in a savings account paying 4% simple interest.How much interest will you earn in…

A: The objective of this question is to calculate the simple interest earned over a period of 7 years…

Q: $1,400, at 8% interest, for 42 months

A:

Q: s=1.99

A: Hypotheses: H0:μ=7Ha:μ<7 This is a left-tailed test as the direction of alternative hypothesis is…

Q: Rafaela takes out a 4-year simple interest car loan for $15000 at a 3% interest rate. Is she does…

A:

Q: Peter's insurance company is raising his rates after he files a claim. He pays $75 per month and his…

A: The objective of the question is to find out the new monthly payment for Peter's insurance after a…

Q: Michelle deposits P1o,000 in an account that eams 8% simple interest. How long will it take for the…

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Q: Find the Be pem of the sequence: term 6 16

A:

Q: find the amount that must be repaid. $8563 borrowed at 15.5% simple inteeest. what total amount to…

A: