Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The bike you have been saving for is discounted 25% You have $400 saved to purchase it. The original, non-discounted price of the bike

  1. image text in transcribed 

The bike you have been saving for is discounted 25% You have $400 saved to purchase it. The original, non-discounted price of the bike is $475. There is a 5.04% sales tax added to the price of the bike. After you purchase the bike with the discount and sales tax, how much money will you have left over? Round your answer to the nearest dollar 18,1 POINT Simplify- (11-15)-(8-2) 19, Willis borrowed $1400 at 9% simple interest to be paid back in 2 years. How much interest will he pay in 2 years? 20, Jaxson Invests $8, 100 into an account with a 4.8% interest rate that is compounded monthly. How much money will be in this account after 5 years? 21,Given that james a debt of $2,440 and a total credit limit of $6,000, and that Shelly has a total debt of $1,800 and a total credit limit of $5.000 who is more likely to have a higher credit score? 25,Convert the following mixed number to a reduced improper fraction. 9 1/13 26. Tom wishes to purchase a property that's been valued at $520,000He has 30% of this amount available as a cash deposit and will require a mortgage for the remaining amountThe bank offers him a 20-year mortgage at 3% interest Calculate the total interest Tom will pay over the lifetime of the loan.

Step by Step Solution

3.30 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

18 111582 11156 1109 19 Original loan amount 1400 Interest rate 9 per year Time 2 years To calculate ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Corporate Finance

Authors: Berk, DeMarzo, Harford

2nd edition

132148234, 978-0132148238

More Books

Students also viewed these Finance questions

Question

Define each of the terms listed in Figure 3-3.

Answered: 1 week ago

Question

Write a paper about medication error system 2016.

Answered: 1 week ago