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3 /5- 80% + On July 17, the billing date. Marcus had a balance due of $4.144.32 on his Capital One credit card. The ransactions

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3 /5- 80% + On July 17, the billing date. Marcus had a balance due of $4.144.32 on his Capital One credit card. The ransactions during the following month were July 22 Payment $100.00 July 29 Charge: Oil Change $59.32 August 7 Charge: I-Tunes $19.99 August 11 Charge: Grocery Store $65.92 August 14 Charge: Gas Fill-Up $42.31 And the Average Daily Balance was $4.091.13 a. Calculate the finance charge to be paid on August 17". The card has an APR of 23.9 (Hint: The number of days in the billing cycle is 31 since July has 31 days) Finance Charge: b. Find the New Balance on August 17th New Balance: $ Use the following scenario to answer #9-12. You are interested in purchasing a new Honda Fit for $16,190. The sales tax in NC is 7%. The dealership informs you that you are eligible for two different financing options. Loan A: finance for 36 months at 0.9% or Loan B: finance for 60 months at 1.9%. In both cases you have a trade in worth $1300 and intend to make a down payment of $500. 9. Find the principal amount (the amount that will be financed)? 10. Suppose you choose Loan A a. Find the monthly payment for the Honda Fit if you finance it through Loan A. Monthly Payment: S b. Determine the total amount you end up paying for this car by financing it through Loan A. Determine the loud amount of interest sing the car through Loan A4 / 5 80% Suppose you choose Loan B a. Find the monthly payment for the Honda Fit if you finance it through Loan B Monthly Payment S b. Determine the total amount you end up paying for this car by financing it through Loan B. c. Determine the total amount of interest you will end up paying by financing the car through Loan B d. How much interest is Dred by financing the Honda Fit using Loan A rather than Loan B?80% + 2 /5 c. How much money did the IRA carn for you? 5. You decide to start saving for an in-ground pool. You determine that you will need $55,090. Your plan is to purchase the pool in 5 years. How much should you deposit monthly into a savings account that pays an APR of 3.5%? 6. Five years ago, you decide to invest your holiday bonus of $1,500 into the T. Rowe Price International Growth & Income Mutual Fund. At the end of 5 years, your investment has fallen in value to $995. a. What is your total lasturn for the 5-year period? Total return: This means that over the 5 years, your investment by % of its original amount. b. What is your annual return for the 5-year period? Annual return: This means that your investment by an average of % each year. AD 7. In 2018-2019, students graduating with a four-year degree from the East Carolina University owed an average of $23,709 in student loan debt (source: projectonstudeindebt.org). Suppose that you have student loans totaling $23,709 when you graduate from college. The interest rate is 5% and the loan term is 10 years. a. Find the monthly payment. b. Determine the total payment over the life of the loan Monthly Payment Sonus: Stock Quote Verizon Communications Inc. (VZ) 61.03 -0.16 (-0.26%) 2 18PMES Summary Previous Close 61.19 Market Cap 252.4078 Open 60.98 Beta (3Y Monthly 0.48 Bid 61.01 x 800 PE Ratio (TTM) 15.68 Ask 61.02 x 1200 EPS (TTM) 3.89 Day's Range 60.87 - 61.11 Earnings Date Jan 30, 2020 52 Week Range 52.28 - 61.34 Forward Dividend & Yield 2.46 (4.02% Volume 3,891,887 Ex-Dividend Date 2019-10-09 Avg Volume 10,651.803 1y Target Est 62.17 Utilize the stock quote to answer the following questions about Verizon Communications Inc. stock. a. What is the ticker symbol for Verizon? b. Find the current price per share when this report was generated C. What was the price per share at the end of the day on the previous day? Using the market cap and the current price per share. estimate the shares outstanding (i.c. the total number of shares that exist) for the comp tower to the nearest whole number. e. What porcutags of all Verizon away or answer to the nearest ent dividend yield, what

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