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Due in 11 hours, 14 minutes. Due Fr 02/18/2020 11:00 an A couple with a newborn baby needs a new vehicle. They take out $29,000.00
Due in 11 hours, 14 minutes. Due Fr 02/18/2020 11:00 an A couple with a newborn baby needs a new vehicle. They take out $29,000.00 car loan at 7.7% compounded monthly for years. The couple decided to pay extra $55.00 per payment. (Round alle to 2 decimal places) What is the monthly payment for this loan? How much will the couple actually monthly payment be? How many payments (that include the extra $55.00) will they make? How much will the couple ave? Points possibles 1 This is attempt 1 of 4. Post this question to forum Due in 11 hours, 2 minutes. Due F 02/28/2020 11:00 am Birikis making monthly contributions of of $340 to his savings account which pays interest at the APR of 7.3%, compounded monthly. Right after Erik makes his 43rd contribution, the bank changes the APR to 8.8% and Erik makes 60 more 5340 contributions. What is Erik's balance right after his last contribution? Points possible: 1 This is attempt 1 of 4 Post this question to forum Due to 11 hours, 2 minutes. Due 02/28/2020 11:00 Megan and Jordan plan to send their son to university. To pay for this they will contribute equal yearly payments to an account bearing interest at the APR of 2.5%.compounded annually. Four years after their last contribution, they will begin the first of five yearly, withdrawals of $41,700 to pay the university bills. How large must their yearly contributions be! Points posible This is attempt 1 4 . Post this question to forum Due in 11 hour, 1 minute. Die Fra/20/2020 11:00 am The bank that holds Jane's mortagesso as the property and every six months. The law originally wetup that way and Joy a le more each month to pay the property taxes. The bank was late in paying the property taxes due to increase in les activity, the bank just fell behind in its work. The property taxes for the six months are $1592 and the county a s a penalty of 115 along with simple interest on the amount dot. The simple interest rate is 7.65%. If the bank pays the property taxes 26 days late how much does the bank need to pay the county? Round yowawer to the nearest cent. Points powe This is attempt 1 of 4. Post this tion to forum Due in 11 hours, 1 minutes. Due Fri 02/28/2020 11:00 an mily. He repaid the loan 7 months later with simple interest of 3%. Emily then invested that money in certificate of deposit (CD) P i nterest compounded monthly Thomas borrowed 52900 from for a period of 4 years How much did Thomas pay to Emily when he repaid the loan? Preview How much was Emily's CD worth at the end of its term. 4 years after investing in the CD? Pro This is attempt 1 4 , Post this question to forum Smit Due in 11 hours, 1 minutes. Due Fr 02/28/2020 11:00 am Ron is planning for retirement and hopes to make withdraws of $3,700 at the end of each month for 20 years once he's retired. He plans on retiring in 27 years () Find the amount that Ron must have in his retirement account in 27 years from now in order to achieve his financial retirement goalsuming that once he is retired he will cam 7% compounded monthly Preview (b) Ron plans to work for another 27 years and also plans to make monthly deposits in a retirement account during that time, how much should Ron deposit in the account each month so that he can achieve his financial retirement goal assuming that he can cam 12% compounded monthly Preview Pots posible This attempt to 4 Post this question to forum Due in 11 hours, 1 minutes. Due Fri 02/28/2020 Marsha gets paid on a weekly basis and she deposits 5140 in an investment that earns 12% compounded weekly. After working at her current company for a year, she gets a significant raise and now contributes 5200 every week in the same investment without withdrawing any money (s) How much will be in the account after the first year? Preview (b) How much will be in the account after the second year? Preview (e) How much total interest did Marsha cam? Preview Points posible: 1 This is attempt 1 of 4 Post this question to forum Den 11 hours, 1 minutes. Due PC2/28/2020 11 Chris corpted a promissory note in lieu of payment for some consulting work that they did. The note is $4500 dae in 9 months to interest rate of 8%. At 6 months, Chris decides to discount the note the bank. The discount rate that the bank charges is 10%. Find the proceeds that Chris receives from the bank. Preview Note: The linked video uses the banking Method ( 360-day your) instead of the State Rate Method (365day you) Get help: Video Due in 11 hours, 14 minutes. Due Fr 02/18/2020 11:00 an A couple with a newborn baby needs a new vehicle. They take out $29,000.00 car loan at 7.7% compounded monthly for years. The couple decided to pay extra $55.00 per payment. (Round alle to 2 decimal places) What is the monthly payment for this loan? How much will the couple actually monthly payment be? How many payments (that include the extra $55.00) will they make? How much will the couple ave? Points possibles 1 This is attempt 1 of 4. Post this question to forum Due in 11 hours, 2 minutes. Due F 02/28/2020 11:00 am Birikis making monthly contributions of of $340 to his savings account which pays interest at the APR of 7.3%, compounded monthly. Right after Erik makes his 43rd contribution, the bank changes the APR to 8.8% and Erik makes 60 more 5340 contributions. What is Erik's balance right after his last contribution? Points possible: 1 This is attempt 1 of 4 Post this question to forum Due to 11 hours, 2 minutes. Due 02/28/2020 11:00 Megan and Jordan plan to send their son to university. To pay for this they will contribute equal yearly payments to an account bearing interest at the APR of 2.5%.compounded annually. Four years after their last contribution, they will begin the first of five yearly, withdrawals of $41,700 to pay the university bills. How large must their yearly contributions be! Points posible This is attempt 1 4 . Post this question to forum Due in 11 hour, 1 minute. Die Fra/20/2020 11:00 am The bank that holds Jane's mortagesso as the property and every six months. The law originally wetup that way and Joy a le more each month to pay the property taxes. The bank was late in paying the property taxes due to increase in les activity, the bank just fell behind in its work. The property taxes for the six months are $1592 and the county a s a penalty of 115 along with simple interest on the amount dot. The simple interest rate is 7.65%. If the bank pays the property taxes 26 days late how much does the bank need to pay the county? Round yowawer to the nearest cent. Points powe This is attempt 1 of 4. Post this tion to forum Due in 11 hours, 1 minutes. Due Fri 02/28/2020 11:00 an mily. He repaid the loan 7 months later with simple interest of 3%. Emily then invested that money in certificate of deposit (CD) P i nterest compounded monthly Thomas borrowed 52900 from for a period of 4 years How much did Thomas pay to Emily when he repaid the loan? Preview How much was Emily's CD worth at the end of its term. 4 years after investing in the CD? Pro This is attempt 1 4 , Post this question to forum Smit Due in 11 hours, 1 minutes. Due Fr 02/28/2020 11:00 am Ron is planning for retirement and hopes to make withdraws of $3,700 at the end of each month for 20 years once he's retired. He plans on retiring in 27 years () Find the amount that Ron must have in his retirement account in 27 years from now in order to achieve his financial retirement goalsuming that once he is retired he will cam 7% compounded monthly Preview (b) Ron plans to work for another 27 years and also plans to make monthly deposits in a retirement account during that time, how much should Ron deposit in the account each month so that he can achieve his financial retirement goal assuming that he can cam 12% compounded monthly Preview Pots posible This attempt to 4 Post this question to forum Due in 11 hours, 1 minutes. Due Fri 02/28/2020 Marsha gets paid on a weekly basis and she deposits 5140 in an investment that earns 12% compounded weekly. After working at her current company for a year, she gets a significant raise and now contributes 5200 every week in the same investment without withdrawing any money (s) How much will be in the account after the first year? Preview (b) How much will be in the account after the second year? Preview (e) How much total interest did Marsha cam? Preview Points posible: 1 This is attempt 1 of 4 Post this question to forum Den 11 hours, 1 minutes. Due PC2/28/2020 11 Chris corpted a promissory note in lieu of payment for some consulting work that they did. The note is $4500 dae in 9 months to interest rate of 8%. At 6 months, Chris decides to discount the note the bank. The discount rate that the bank charges is 10%. Find the proceeds that Chris receives from the bank. Preview Note: The linked video uses the banking Method ( 360-day your) instead of the State Rate Method (365day you) Get help: Video
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