Please answer each part!!!! Should be 14 answers.
Use the situation to answer the following questions: Emonee borrows $6,000 from the bank. She wants to pay the bank back in a year. If the bank does not charge interest, how much money per month would she have to pay in order to pay back all of the money in a year? 2 The bank tells her that her monthly payment should be $550. What is the discrepancy? What was the simple interest rate for the loan? 8 Use the situation to answer the following questions: Harry buys a boat for $15,000. 1 He wants to pay it off in a year. If the boat dealership does not charge interest, how much money per month would he have to pay to pay off the boat in a year? 2 The boat dealership tells him that his monthly payment is $1,500. What is the discrepancy? What was the simple interest rate? 8 Answer the following banking questions. Type "Checking" or "Savings" in the box provided. Which account earns interest? Which account is used for everyday transactions? TITI 2 Which account is linked with your debit card? 8 Which account do you "leave alone"? Practice using e in the calculator. Evaluate the following using your calculator round to 5 decimal places. 2e+4 3 5 et + 3 3 2 100e -0.38(2) e0.2(4) = 2 4 5 8 Use the situation to answer the following questions: Emonee borrows $6,000 from the bank. She wants to pay the bank back in a year. If the bank does not charge interest, how much money per month would she have to pay in order to pay back all of the money in a year? 2 The bank tells her that her monthly payment should be $550. What is the discrepancy? What was the simple interest rate for the loan? 8 Use the situation to answer the following questions: Harry buys a boat for $15,000. 1 He wants to pay it off in a year. If the boat dealership does not charge interest, how much money per month would he have to pay to pay off the boat in a year? 2 The boat dealership tells him that his monthly payment is $1,500. What is the discrepancy? What was the simple interest rate? 8 Answer the following banking questions. Type "Checking" or "Savings" in the box provided. Which account earns interest? Which account is used for everyday transactions? TITI 2 Which account is linked with your debit card? 8 Which account do you "leave alone"? Practice using e in the calculator. Evaluate the following using your calculator round to 5 decimal places. 2e+4 3 5 et + 3 3 2 100e -0.38(2) e0.2(4) = 2 4 5 8