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Calculate the compound amount

Question

Calculate the compound amount when $8000 style=”color:rgb(0,0,0);”> is deposited in an account earning 5% interest, compounded quarterly, for 7years. (Round your answer to two decimal places.

 
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Suppose you negotiate a selling price of $29,995

Question

Suppose you negotiate a selling price of $29,995 style=”color:rgb(0,0,0);”> for a Ford Explorer. You make a down payment of 10% of the selling price and finance the remaining balance for 3 years at an annual interest rate of 7.5%. The sales tax is 7.5% of the selling price, and the license fee is 0.7% of the selling price. Find the monthly payment. (Round your answer to the nearest cent.)$

 
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A mutual fund has total assets of $35,000,000

Question

A mutual fund has total assets of $35,000,000 style=”color:rgb(0,0,0);”> and total liabilities of $6,000,000. There are 1,700,000 shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.)$ 

 
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Solve. Round to the nearest hundredth

Question

Solve. Round to the nearest hundredth. 122/c

 = 150/28

c=____

 
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