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* Dashboard X P Midterm Exam - Fall 2022 X C Acme Annuities recently offere x Sy 134000=p[((1+0.00575)~{144) x _ Rounding Numbers Calculator x + - CD mylab.pearson.com/Student/PlayerTest.aspx?testld=246834802 Fundamental Mathematics I - Fall 2022 40223482 Student 10/26/22 1:33 PM E Test: Midterm Exam - Fall 2022 Question 3 of 20 This test: 20 point(s) possible This question: 1 point(s) possible Submit test A person purchased a $177,904 home 10 years ago by paying 15% down and signing a 30-year mortgage at 9.6% compounded monthly. Interest rates have dropped and the owner wants to Question list K refinance the unpaid balance by signing a new 20-year mortgage at 5.7% compounded monthly. How much interest will refinancing save? O Question 1 Money Saved: $ (Round to the nearest cent as needed.) O Question 2 O Question 3 O Question 4 O Question 5 Question 6 O Question 7 Question 8 O Question 9 Time Remaining: 01:03:58 Next* Homework Help - Q&A from Or x Midterm Exam - Fall 2022 X C Acme Annuities recently offere x Sy 134000=p[((1+0.00575)~{144) x _ Rounding Numbers Calculator x + > C mylab.pearson.com/Student/PlayerTest.aspx?testld=246834802 Fundamental Mathematics I - Fall 2022 40223482 Student 10/26/22 1:33 PM E Test: Midterm Exam - Fall 2022 Question 4 of 20 This test: 20 point(s) possible This question: 1 point(s) possible Submit test Use the commission schedule from Company A shown in the table to find Question list K Principal (Value of Stock) Commission the annual rate of interest earned on the investment. (Note: commissions Under $3,000 $25 + 1.8% of principal are rounded to the nearest cent.) $3,000 to $10,000 $37 + 1.4% of principal O Question 1 Over $10,000 $107 + 0.7% of principal An investor purchases 101 shares at $11.09 a share, holds the stock for 42 weeks, and then sells the stock for $15.63 a share. Question 2 The annual rate is %. (Round to five decimal places.) O Question 3 O Question 4 O Question 5 Question 6 O Question 7 Question 8 O Question 9 Time Remaining: 01:03:38 Next* Homework Help - Q&A from Or x Midterm Exam - Fall 2022 X C Acme Annuities recently offere x Sy 134000=p[((1+0.00575)~{144) x _ Rounding Numbers Calculator x + C mylab.pearson.com/Student/PlayerTest.aspx?testld=246834802 Fundamental Mathematics I - Fall 2022 40223482 Student 10/26/22 1:34 PM E Test: Midterm Exam - Fall 2022 Question 5 of 20 This test: 20 point(s) possible This question: 1 point(s) possible Submit test You can afford monthly deposits of $120 into an account that pays 3.0% compounded monthly. How long will it be until you have $9,100 to buy a boat? Question list K O Question 1 Type the number of months: (Round to the next-higher month if not exact.) Question 2 O Question 3 O Question 4 Question 5 Question 6 O Question 7 Question 8 O Question 9 Time Remaining: 01:02:53 Next