Entries by Hannah Wangui

interest

Question How much interest is earned in 9 years on $8600 deposited in an account paying 9% interest, compounded semiannually? (Round your answer to two decimal places.)   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Write an equation as part of solving the problem

Question Write an equation as part of solving the problem. style=”color:rgb(0,0,0);”>The cost to replace a water pump in a Corvette was $415. This included $145 for the water pump plus $90/h for labor. How many hours of labor were required to replace the water pump?__________ h   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon […]

 

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You buy a $252,000 home

Question You buy a $252,000 home with a down payment of 24%. Find the amount of the down payment and the mortgage amount. down payment    $ _______ mortgage   $______   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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You borrow $8000 to help pay your college

Question You borrow $8000 to help pay your college expenses. You agree to repay the loan at the end of 6 years at 10% interest, compounded quarterly. (Round your answers to two decimal places.) (a) What is the maturity value of the loan? $   (b) How much interest are you paying on the loan? $    Looking for a Similar Assignment? […]

 

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