Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to a census bureau, from 2000 to 2016 the population of a certain region grew from 268 million to 298 million. What was the

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
According to a census bureau, from 2000 to 2016 the population of a certain region grew from 268 million to 298 million. What was the percent of increase? The percent of increase is |:|%. (Round to one decimal place as needed.) Kirby is buying a new gas barbecue grill that has been reduced for an endofsummer sale by 10% to $630. What was the original price of the grill? The original price of the grill was $D. Use the simple interest formula I = Prt and elementary algebra to find the missing quantities in the table below. P r $400 13% 2 years . . . P r t $400 13% 2 yearsUse the future value formula A = P(1 + rt) and elementary algebra to find the missing quantities in the table below. A P r t $2,400 6% 5 years . . . A P r $ $2,400 6% 5 yearsCompute the monthly payments for an addon interest loan of $1380, with an annual interest rate of 6% and a term of 3 years. <:> The monthly payment is $|:|. (Round to the nearest cent as needed.) Use the average daily balance method to compute the Date Transaction finance charge on the credit card account for the month of August 3 Made payment of $73 August (31 days). The starting balance from the previous August 12 |Charged $145 for hiking boots month is $220. The transactions on the account for the August 17 Charged $26 for gasoline month are given in the table to the right. Assume an annual August 28 |Charged $32 for restaurant meal interest rate of 24% on the account and that the billing date is August 1st. . . . The finance charge for the month of August is $ (Round to the nearest cent as needed.)Use the formula for the future value of an ordinary annuity to solve for h when A = $14,500, the monthly payment R = $900, and the annual interest rate r= 8.0%. n = D (Round up to the nearest integer as needed.) Suppose Christian stops for coffee a given number of times a week. Use the information in the following table to calculate how much Christian would save if he deposited the amount he would spend on coffee into an ordinary annuity instead. Assume there are four weeks in a month. Number of Coffees Price of Interest Rate Number of Per Week One Cup for Annuity Years 534-45 Christian would have $|:| in the annuity. (Round to the nearest cent as needed.) Suppose a woman has decided to retire as soon as she has saved $1,000,000. Her plan is to put $550 each month into an ordinary annuity that pays an annual interest rate of4.3%. In how many years will she be able to retire?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

A First Course in Differential Equations with Modeling Applications

Authors: Dennis G. Zill

11th edition

1305965728, 978-1305965720

More Books

Students also viewed these Mathematics questions