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Money_Word_Problems/326530: you want to invest 1000 in to a savings account. which option is best for reaching your goal of 5000
A.) interst of 3% compounded semi annualy
B.) interst of 45% compounded yearly
c.) Interest of 25% compounded quarterly 1 solutions
Answer 233854 by rfer(12730) on 2010-07-28 21:18:36 (Show Source):
You can put this solution on YOUR website!A=5000(1+.03/2)^2
A=5000*1.03
A=5151.13
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A=5000(1+.045)
A=5000*1.045
A=5225.00
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A=5000(1+.025/4)^4
A=5000*1.00625
A=5031.25
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Money_Word_Problems/326594: 3. Employees of a discount appliance store receive an additional 20% off of the lowest price on an item. If an employee purchases a dishwasher during a 15% off sale, how much will he pay if the dishwasher originally cost $450? 1 solutions
Answer 233851 by rfer(12730) on 2010-07-28 21:07:37 (Show Source):
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Money_Word_Problems/326601: The amount of simple intrest earned in an account varies jointly as the amount of principal invested and the amount of time the money is invested. If $6,000 in principal earns $840 in interest after 2yr, then how much intrested will be earned on $4,500 invested for 8yr? 1 solutions
Answer 233849 by rfer(12730) on 2010-07-28 21:04:08 (Show Source):
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Money_Word_Problems/326505: On the day a person is born, a deposit of $50,000 is made in a trust fund that pays 8.75% in interest, compounded continuously.
A.) Find the balance on the person 35th birthday
B.) How much longer will the person have to wait for the balance to double? 1 solutions
Answer 233783 by rfer(12730) on 2010-07-28 18:11:52 (Show Source):
You can put this solution on YOUR website!A=50000(2.7183)^.0875*35
A=50000(2.7183)^3.0625
A=50000*21.38138
A=1,069,069.02
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Rule of 72
72/8.75=8.2 yrs
not exact but very close
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Money_Word_Problems/326540: Ernesto invested $25,000 in a CD that paid 5% compounded annually for 6 years. what was the vaue of his investment at the end of the sixth year
1 solutions
Answer 233774 by rfer(12730) on 2010-07-28 17:50:16 (Show Source):
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Money_Word_Problems/326537: A computer is purchased for $3200. Its value each year is about 79% of the value the preceding year. Its value, in dollars, after t years is given by the exponential function

Find the value of the computer after 2 years. 1 solutions
Answer 233770 by rfer(12730) on 2010-07-28 17:48:24 (Show Source):
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Volume/326072: if you add 50% to the length heigh and width of a rectangal, how much in percent does the volume increase? 1 solutions
Answer 233537 by rfer(12730) on 2010-07-27 20:37:01 (Show Source):
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Linear-equations/326241: -1/4(x-8)+1/2(x+2)=x+9
Could someone help to explain how to solve this?
I seem to be having a problem with solving linear equations. I can usually get the first part, and then I lose it. Could you please explain the steps, as the textbook doesn't seem to explain it to my understanding. Thanks so much.
1 solutions
Answer 233526 by rfer(12730) on 2010-07-27 20:05:20 (Show Source):
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Sequences-and-series/326182: Please help me with this:
Telephone poles are stored ina pile with 20 poles in the first layer, 19 in the second and so on. If there are 12 layers how many telephone poles does the pile contain? 1 solutions
Answer 233522 by rfer(12730) on 2010-07-27 19:57:36 (Show Source):
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Rectangles/326198: its summer and i forgot how to do these kind of problems please help me understand it, the area of a rectangle is 48 sq ft. find all side lengths. the length is 3x and width is 4x 1 solutions
Answer 233495 by rfer(12730) on 2010-07-27 18:02:24 (Show Source):
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Proportions/325680: On a house plan on which 2 inches represents 5 feet, the length of a room measures 7 1/2 inches. The actual length of the room is. I know how to set the problem up but don't know the next step. 2 inches/7 1/2 inches = 5/x I know to cross multiply what next Please help. 1 solutions
Answer 233218 by rfer(12730) on 2010-07-26 16:59:24 (Show Source):
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Linear-equations/325705: Gwen sold her car on cosignment for x dollars. the saleswomen's commission was 10% of the selling price and Gwen recived 6570. 1 solutions
Answer 233216 by rfer(12730) on 2010-07-26 16:53:48 (Show Source):
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Linear-equations/325707: After getting a 15% discount on the price of a new chrysler sebring convertible, Helen paid $27,000. what was the original price of the converible to the nearest dollar. 1 solutions
Answer 233214 by rfer(12730) on 2010-07-26 16:49:29 (Show Source):
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percentage/325767: A car dealer sells a SUV for $39,000, which represents a 25% profit over the cost. What was the cost of the SUV to the dealer? 1 solutions
Answer 233213 by rfer(12730) on 2010-07-26 16:46:31 (Show Source):
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Inequalities/325501: It has been determined that at the age of 10, a girl has reached 84.4% of her final adult height. Dana is 4 ft 8 in. at the age of 10. what will her final adult height be? 1 solutions
Answer 233076 by rfer(12730) on 2010-07-25 19:33:33 (Show Source):
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