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This is my final math quiz. And I need you guys' accurate and quick answer. Thank you so much for your hard work. Have a
This is my final math quiz. And I need you guys' accurate and quick answer. Thank you so much for your hard work. Have a great day! I got 1 hour. Please answer me ASAP. Thanks!! Please help me.. Thank you again.!!!!!!
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Question 13 1 pts From homework question 5: Which formula did you use for saving up for the laptop? O PVA O PVA OFVP O PVP O Annualized percentage change Question 14 1 pts From final homework question 5: How much would you have to save each month to have enough for your laptop after one year? (within one dollar) O $208.33 O $203.60 O $199.25 O $187.50 O $215.47 Question 15 1 pts From final homework question 5: What are the total acquisition costs for saving up for the laptop? (within 3 dollars) O $2,391.00 O $2650.00 O $2,250.00 O $2,500 O $2,443.20 Question 16 1 pts From final homework question 6: What formula did you use to solve the question? O FV OFVA O PV O PVA O PVPD Question 17 1 pts From final homework question 6: What was your compounding factor? O 20 O 12 OO O 1 O .035 D Question 18 1 pts From final homework question 6: What was your answer within $5? O $785,526.02 O $565,593.63 $1,830,179.32 O $1,300,000 O $923,806.21 D Question 19 1 pts From final homework question 7: Which formula did you use? O PVF O PVP OFVA O PVA OFVP D Question 20 1 pts From final homework question 7: What was your 'r' as you entered it into the equation? O 40 O .1 O 1 O 12 O 10%Question 21 1 pts From final homework question 7: What was your answer, within $5? O $25,000 O $2,259.41 O $4,254.25 O $5,000 O $9,236.02 Question 22 1 pts From final homework question 8: What will your monthly mortgage payment be (just principal and interest) within $5? O $1,194.02 $1,510.99 O $1,235.46 O $967.34 O $1,496.87 Question 23 1 pts From homework question 8: How much interest is owed the first month? O $1,358.05 O $1,573.02 O $967.02 O $1,312.43 O Not enough information given to determine the answer Question 24 1 pts From final homework question 8: How much goes to principal the first month? O $212.25 O $967.02 O $111.73 O $1312.43 O $184.50Question 25 1 pts From final homework question 9: Which formula did you use? OFVA O PVA O PVP O Did not need a formula O FVP Question 26 1 pts From final homework question 9: How much life insurance, if any, needs to be purchased for the father? O $1,386,510.30 The husband does not have a need for life insurance at this time. O $239,053.50 $1,147,456.80 $1,914,000 Question 27 1 pts From final homework question 9: How much, if any, life insurance needs to be purchased for the wife? O $876,529.50 O $239,053.50 O $330,000 O $637,476.00 O The wife has no need of life insurance at this timeFinal Homework Questions Please note that some of the problems ask multiple questions. Be prepared to answer all of the questions in the assessment. Please check the assessment page to see the due dates on this homework assignment. California is a large producer of strawberries. Oh No! There is a killer frost that kills half of the crop! (A)How has this affected supply or demand of strawberries? (B)What has happened to the price of strawberries? Please justify your answer by graphing the change in either supply or demand, as well as the change in price You took an amazing class at the U that changed your life, so now you are going to invest for your retirement. Your tax bracket is 25% federal and 5% state. Your investment is in a federally and state tax free account that earns l 1% each year, what interest rate are you effectively earning on your investment? How much will you have eeea'vieiy earned if you invest $4,000 each year for the next 35 years {please use the rate you got in question 2)? It's time to get a new laptop that is $2500. If you nance it, you will he charged 8% annual interest and it will take you two years to pay it off, paying each month. (AJHow much will you pay each month for this laptop? {B)What are your total acquisition costs of nancing the laptop? It's time to get a new laptop that is $2500. If you save up for it each month it will take one year in an account that earns 5% annual interest. (A)How much would you have to put aside each month to have enough for it? {B)What are the total acquisition costs of saving up for the laptop? You have decided that in order to have a comfortable retirement you will need to replace $65,000 in income each year in retirement. Assuming you will need 20 years of retirement income and an ination rate of 3.5%, how much will you need to have saved up in order to meet your goal on the day you retire? You are determined to have at least one million dollars on the day you retire. How much will you need to save each year overthe necxt 4|} years ofyour career inorder to meet this goal of $1,000,000 assuming you put you money into an account that averages 10% each year'}ll Congrats on buying your rst home. You were able to take out a loan for $225,000 at 7% interest for a thirty year loan. (A)What will your monthly mortgage payments be? (B) How much goes to interest the rst month? (C) How much goes to principal the rst month? You and your spouse just adopted twin girls, little Heather and Beth. You want to make sure they are taken care of for the next 22 years. (A)Based on the following information, how much life insurance needs to be purchased for the husband, if any? (B) How much, if any, needs to be purchased for the wife? Assume 3% ination rate. Market Labor Value Household Production Value Husband $72,000 $15,000 Wife $1 5,000 $40,000Step by Step Solution
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