Tutors Answer Your Questions about Finance (FREE)
Question 1150116: Complete the following without using Table12.1. (Round the "Total amount" and "Total interest" to the nearest cent.)
Principal Time
(years) Rate of
compound
interest Compounded Periods Rate Total amount Total interest
$1,360 1 10 % Quarterly %
Click here to see answer by Theo(13342)   |
Question 1150138: Suppose $23,000 is invested in an account with an APR of 4.9%.
a.) If the interest is compounded annually, how much interest is earned over the first 10 years?
b.) If the interest is compounded monthly, how much interest is earned over the first 10 years?
c.) If the interest is compounded daily, how much interest is earned over the first 10 years?
d.) If the interest is compounded continuously, how much interest is earned over the first 10 years?
Click here to see answer by ikleyn(52781)  |
Question 1150148: At the beginning of 2000 Tyler's house was worth 250 thousand dollars and Conner's house was worth 112 thousand dollars. At the beginning of 2003, Tyler's house was worth 182 thousand dollars and Conner's house was worth 156 thousand dollars. Assume that the values of both houses vary at an exponential rate.
a) Write a function (f) that determines the value of Tyler's house (in thousands of dollars) in terms of the number of years (t) since the beginning of 2000.
b) Write a function (g) that determines the value of Conner's house (in thousands of dollars) in terms of the number of years (t) since the beginning of 2000.
Click here to see answer by Theo(13342) |
Question 1150189: Find the value of x in each case. Give reasons to justify your solutions!
b
B ∈
AC
, D ∈
CE
,
F ∈
EB
,
EB
∩
AD
= G
https://homework.russianschool.com/resource?key=18166ipqjpoes my teacher allowed me to share this type of content
Click here to see answer by ikleyn(52781) |
Question 1150121: Find the future value. (Use the Table 12.1.) (Do not round intermediate calculations. Round the "FV factor" to 4 decimal places and final answer to the nearest cent.)
On FV Table 12.1
Present value Length of time Rate Compounded Period
used Rate used FV factor used Future value
$7,567.94 6 years 16 % Quarterly 24 4 %
Click here to see answer by Alan3354(69443)  |
Question 1150238: Please, I need help on this equation.
You want to buy a $205,000 home. You plan to pay 20% as a down payment, and take out a 30 year fixed loan for the rest.
Round all answers to the nearest cent as needed.
a) How much is the loan amount going to be?
$
b) What will your monthly payments be if the interest rate is 5.7%?
$
c) What will your monthly payments be if the interest rate is 6.7%?
$
Click here to see answer by Theo(13342) |
Question 1150211: A spherical balloons is released from rest and expands as it rises After rising for t seconds its radius is r cm and its surface area is A cm square where A = 4 pi r^2.The initial radius of the balloon is 16cm given that the rate of increases of the radius is constant and has the value 0.8 cm s^-1 find the rate of increase of A when t=5.
Click here to see answer by greenestamps(13200)  |
Question 1150346: A pen holder contains 14 identical pens, 4 of which do not write. A child randomly selects a pen, replaces it, and selects again. Find the probability that both pens do not write. (Enter your probability as a fraction.)
Click here to see answer by ikleyn(52781) |
Question 1150339: Jody invests $4000 at 4.5% interest and plans to leave it for 10 years. (Round your final answers to two decimal places.)
(a) Find the value after 10 years if the interest paid is simple interest.
(b) Find the value after 10 years if the interest paid is compounded quarterly.
Click here to see answer by ikleyn(52781) |
Question 1150337: Beginning at age 30, Yoshi paid $400 per month into an ordinary annuity that paid 5.3% interest. As retirement age approached, Yoshi wanted to know the amount of the annuity at several different ages to help plan when to retire. Help Yoshi by finding the amount of the annuity when Yoshi is the following ages. (Round your final answer to two decimal places.)
(a) 65 years old
(b) 66 years old
(c) 67 years old
(d) 68 years old
(e) 69 years old
(f) 70 years old
Click here to see answer by ikleyn(52781) |
Question 1150432: Two circles are tangent to each other at A and the centre of the larger circle is at C. The lines AB and FC are perpendicular diameters of the larger circle. If BD = 9 cm and FE = 5 cm, then what is the radius of the smaller circle, in centimeters?
https://imgur.com/JdxYhZW
Click here to see answer by greenestamps(13200) |
Question 1150468: The parabola is defined by the equation (x−6)^2+4x−29. Then it's reflected about the x-axis. How many times is the distance between the vertices of these two parabolas bigger than that of their intersection points ?
Click here to see answer by ikleyn(52781) |
Question 1150477: A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family size, household income, and household neighborhood (urban, suburban, and rural). The "income" variable in this model is ____.
a response variable
an independent variable
a qualitative variable
an indicator variable
a dependent variable
Click here to see answer by ikleyn(52781) |
Question 1150475: A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family size, household income, and household neighborhood (urban, suburban, and rural). The response variable in this model is _____.
family size
suburban
household income
expenditures on groceries
household neighborhood
Click here to see answer by ikleyn(52781) |
Question 1150470: A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a linear function of batch size (the number of boards produced in one lot or batch), production plant (Kingsland, and Yorktown), and production shift (day, and evening). In this model, "shift" is ______.
a quantitative variable
a response variable
an independent variable
a constant
a dependent variable
Click here to see answer by ikleyn(52781) |
Question 1150480: In an right triangle prism the triangular base ABC is right angled at B,AB=5x cm and BC=12xcm.The sum of the lengths of all its edges is 18ocm.
(a) Show that the volume,V cm^3, is given by V=1800x^2-600x^3
(b)Find the value of x for which V has a maximum value
Click here to see answer by greenestamps(13200) |
Question 1150625: betty is selling pies at the county fair, she makes $222 selling 32 pies on friday. she makes $358 selling 48 pies on saturday.
write a linear equation that represents betty's profit (p) selling (x) number of pies.
what is the cost of the pies that betty is selling?
what does the x-intercept represent?
How many pies did betty sell if she made $162.50 on sunday?
Click here to see answer by josgarithmetic(39617) |
Question 1150624: dave needs to make at least $950 this week to buy the TV he has been wanting. He makes $36 for every security device he sells but he has $175 in travel cost.
write an inequality that represents Daves pay (p) for the week by selling (x) number of security devices.
what is the least number of security devices that dave will need to sell to buy the TV.
if he sells 31 devices how much short will he be from his goal of $950?
Click here to see answer by Theo(13342) |
Question 1150469: A real estate analyst has developed a multiple regression line, y = 60 + 0.068 x1 - 2.5 x2, to predict y = the market price of a home (in $1,000s), using two independent variables, x1 = the total number of square feet of living space, and x2 = the age of the house in years. With this regression model, the predicted price of a 10-year old home with 2,500 square feet of living area is __________.
A)$200,000.00
B)$205.00
C)$255,000.00
D)$205,000.00
Click here to see answer by greenestamps(13200) |
Question 1150479: Suppose that the regression equation y = 16.99 + 0.32 x1 + 0.41 x2 + 5.31 x3 predicts an adult’s height (y) given the individual’s mother’s height (x1), his or her father’s height (x2), and whether the individual is male (x3 = 1) or female (x3 = 0). All heights are measured in inches. In this equation, the coefficient of ______ means that ______.
A)x3; a brother is expected to be 5.31 inches taller than his sister
B)x1; if two individuals have mothers whose heights differ by 0.5 inch, then the individuals’ heights will differ by 0.32 inch.
C)x2; if two individuals have mothers whose heights differ by 1 inch, then the individuals’ heights will differ by 0.41 inches.
D)x1; if two individuals have mothers whose heights differ by 0.32 inch, then the individuals’ heights will differ by 1 inch.
E)x2; if two individuals have fathers whose heights differ by 1 inch, then the individuals’ heights will differ by 0.41 inches.
Click here to see answer by greenestamps(13200) |
Question 1150623: frank is looking into 2 investment companies. company A charges an $80 fee and gives a 12% rate. company B charges a $50 fee and a 10% rate
write an expression that would represent each companies investment plan if (m) stood for the money frank invests
company a=
company b=
how much would frank need to invest for the two company's to give back the same return?
if frank is going to invest $3000, which company should he use and which company will his return be with respect to the other company?
Click here to see answer by ankor@dixie-net.com(22740)  |
Question 1150472: A real estate analyst has developed a multiple regression line, y = 60 + 0.068 x1 - 2.5 x2, to predict y = the market price of a home (in $1,000s), using independent variables, x1 = the total number of square feet of living space, and x2 = the age of the house in years. The regression coefficient of x1 suggests this: __________.
A)The addition of 1 square foot area of living space results in a predicted increase of $0.068 in the price of the home for homes of different ages
B)The addition of 1 square foot area of living space results in a predicted increase of $68.00 in the price of the home with the age of the home allowed to vary
C)The addition of 1 square foot area of living space results in a predicted increase of $68.00 in the price of the home if the age of the home were held constant
D)The addition of 1 square foot area of living space results in a predicted increase of $0.068 in the price of the home if the age of the home were held constant
Click here to see answer by greenestamps(13200) |
Question 1150433: Given the quarter circle BAD with radius BC = DC = 1, suppose that ∠BCA = 60o and X is a point on segment DC with CX = x. If the area of the shaded region BXA is one half the area of the quarter circle, then what is the value of x?
https://imgur.com/zeoWeJQ
Click here to see answer by greenestamps(13200) |
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