Tutors Answer Your Questions about Finance (FREE)
Question 1041132: Percentages
5. From 1982 to 2012, the cumulative U.S. inflation rate was 95%. In 2012, the average price of a decent burger, fries, and a drink was $8.75. Find the equivalent price in 1982 dollars.
____________________
Click here to see answer by jorel555(1290) |
Question 1041128: Linear Growth
1. A nuclear power plant produces 9 pounds of radioactive waste every month. The radioactive waste is stored in a special storage tank. The tank initially has 16 pounds of radioactive waste in the tank. PN represents the amount of radioactive waste (in pounds) in the storage tank after N months. Thus,
PN = PN − 1 + 9 and P0 = 16.
a) Give an explicit description for PN . ______________________
b) Find P130 .
Click here to see answer by josgarithmetic(39617) |
Question 1041193: Consumer Debt
11. Suppose you want to buy a car. The dealer offers a financial package consisting of 6% APR compounded monthly for a term of five years. Suppose that you want your monthly payments to be at most $320. What is the maximum amount you should finance? Give your answer to the nearest dollar.
Click here to see answer by addingup(3677)  |
Question 1040422: For a car loan using simple interest at a given rate, the amount of interest charged varies jointly with the loan amount (also known as the principal) and the time of the loan (in years). If a $10,000 car loan earns $1680 in simple interest over 6 years, how much interest will a $24,000 car loan earn over 7 years?
Click here to see answer by rfer(16322) |
Question 1041310: What does the sequence and series which may be formed from the given numbers represent? How would you find the seating capacity that the amphitheater holds if it has ten rows of seats?
Reference: https://s31.postimg.org/8az9z7etn/arth_ref.png
Click here to see answer by ikleyn(52781)  |
Question 1041353: I need help on part A and B its confusing.
Linear Growth
1. A nuclear power plant produces 9 pounds of radioactive waste every month. The radioactive waste is stored in a special storage tank. The tank initially has 16 pounds of radioactive waste in the tank. PN represents the amount of radioactive waste (in pounds) in the storage tank after N months. Thus,
PN = PN − 1 + 9 and P0 = 16.
a) Give an explicit description for PN . ______________________
b) Find P130 .
Here we need to find p 130
Click here to see answer by josgarithmetic(39617) |
Question 1041354: Here I need help on part A and B its confusing.
Exponential Growth
2. A population grows according to an exponential growth model. The initial population is P0 = 12, and the common ratio is 1.5.
a) Give an explicit description for the population sequence PN . ____________________
b) Find P9
____________________
Click here to see answer by ikleyn(52781)  |
Question 1041357: Here I need help on parts A thru e its confusing.
Fibonacci Numbers
1. Compute the value of each of the following:
a) F14 ______________________
b) F14 1 _______________
c) F14 1 _______________
d) F14 / 2 _______________
e) F14/ 2 _______________
Click here to see answer by ikleyn(52781)  |
Question 1041259: I need help with part A and B.
12. The Smiths are refinancing their home mortgage to a 15-year loan at 5.25% annual interest compounded monthly. Their outstanding balance on the loan is $95,000.
a) Under their current loan, the Smiths monthly mortgage payment is $1104. How much will the Smiths be saving in their monthly mortgage payments by refinancing? (Round your answer to the nearest dollar.)
_____________________
b) How much interest will the Smiths pay over the life of the new loan?
_____________________
Click here to see answer by Theo(13342)  |
Question 1041554: Which answer choice best describes the probability distribution shown below?
https://s32.postimg.org/dvx2n04hh/math1.gif
A.) positively skewed
B.) negatively skewed
C.) normally distributed
D.) continuous probability distribution
Click here to see answer by Boreal(15235)  |
Question 1041501: I need help on parts A-c.
4. Consider the following sequence of equations involving Fibonacci numbers:
2(2) 3 = 1
2(3) 5 = 1
2(5) 8 = 2
2(8) 13 = 3
2(13) 21 = 5
a) Write down a reasonable choice for the sixth equation in this sequence: __________________________
b) Find the subscript that will make the following equation true.
2(F? ) - F15 = F12 ______
c) Find the subscript that will make the following equation true:
2(FN +2 ) - FN +3 = F? _________
Click here to see answer by solver91311(24713)  |
Question 1041464: The International Silver Strings Submarine Band holds a bake sale each year to fund their trip to the National Sasquatch Convention. It has been determined that the cost in dollars of baking x cookies is

and that the demand function for their cookies is

How many cookies should they bake in order to maximize their profit?
If you can just help me understand how I can make this into a 2nd degree polynomial, I can figure it out from there. I'm just having issues getting from point A to point B.
Click here to see answer by Fombitz(32388)  |
Question 1041834: Melissa has a piggy bank filled with pennies and quarters, the piggy bank has a total of 300 coins in it and the total value of coins is $45 help Melissa figure out how many pennies and how many quarters are in her piggy bank by answering the following questions
1) let "p" equal the number of pennies and "q" equal the number of quarters. what equation represents the fact that the piggy bank has a total of 300 coins in it?
2) again, let p equal the number of pennies and q equal the number of quarters. What equation represents the fact that the total value of the coins in the piggy bank is $45.
3) solve the equation from question 1. What do you get?
4) use substitution by plugging in the value for question 3 into the equation from question 2. What is the new equation that you get
Click here to see answer by stanbon(75887) |
|
Older solutions: 1..45, 46..90, 91..135, 136..180, 181..225, 226..270, 271..315, 316..360, 361..405, 406..450, 451..495, 496..540, 541..585, 586..630, 631..675, 676..720, 721..765, 766..810, 811..855, 856..900, 901..945, 946..990, 991..1035, 1036..1080, 1081..1125, 1126..1170, 1171..1215, 1216..1260, 1261..1305, 1306..1350, 1351..1395, 1396..1440, 1441..1485, 1486..1530, 1531..1575, 1576..1620, 1621..1665, 1666..1710, 1711..1755, 1756..1800, 1801..1845, 1846..1890, 1891..1935, 1936..1980, 1981..2025, 2026..2070, 2071..2115, 2116..2160, 2161..2205, 2206..2250, 2251..2295, 2296..2340, 2341..2385, 2386..2430, 2431..2475, 2476..2520, 2521..2565, 2566..2610, 2611..2655, 2656..2700, 2701..2745, 2746..2790, 2791..2835, 2836..2880, 2881..2925, 2926..2970, 2971..3015, 3016..3060, 3061..3105, 3106..3150, 3151..3195, 3196..3240, 3241..3285, 3286..3330, 3331..3375, 3376..3420, 3421..3465, 3466..3510, 3511..3555, 3556..3600, 3601..3645, 3646..3690, 3691..3735, 3736..3780, 3781..3825, 3826..3870, 3871..3915, 3916..3960, 3961..4005, 4006..4050, 4051..4095, 4096..4140, 4141..4185, 4186..4230, 4231..4275, 4276..4320, 4321..4365, 4366..4410, 4411..4455, 4456..4500, 4501..4545, 4546..4590, 4591..4635, 4636..4680, 4681..4725, 4726..4770, 4771..4815, 4816..4860, 4861..4905, 4906..4950, 4951..4995, 4996..5040, 5041..5085, 5086..5130, 5131..5175, 5176..5220, 5221..5265, 5266..5310, 5311..5355, 5356..5400, 5401..5445, 5446..5490, 5491..5535, 5536..5580, 5581..5625, 5626..5670, 5671..5715, 5716..5760, 5761..5805, 5806..5850, 5851..5895, 5896..5940, 5941..5985, 5986..6030, 6031..6075, 6076..6120, 6121..6165, 6166..6210, 6211..6255, 6256..6300, 6301..6345, 6346..6390, 6391..6435, 6436..6480, 6481..6525, 6526..6570, 6571..6615, 6616..6660, 6661..6705, 6706..6750, 6751..6795, 6796..6840, 6841..6885, 6886..6930, 6931..6975, 6976..7020, 7021..7065, 7066..7110, 7111..7155, 7156..7200, 7201..7245, 7246..7290, 7291..7335, 7336..7380, 7381..7425, 7426..7470, 7471..7515, 7516..7560, 7561..7605, 7606..7650, 7651..7695, 7696..7740, 7741..7785, 7786..7830, 7831..7875, 7876..7920, 7921..7965, 7966..8010, 8011..8055, 8056..8100, 8101..8145, 8146..8190, 8191..8235, 8236..8280, 8281..8325, 8326..8370, 8371..8415, 8416..8460, 8461..8505, 8506..8550, 8551..8595, 8596..8640, 8641..8685, 8686..8730, 8731..8775, 8776..8820, 8821..8865, 8866..8910, 8911..8955, 8956..9000, 9001..9045, 9046..9090, 9091..9135, 9136..9180, 9181..9225, 9226..9270, 9271..9315, 9316..9360, 9361..9405, 9406..9450, 9451..9495, 9496..9540, 9541..9585, 9586..9630, 9631..9675, 9676..9720, 9721..9765, 9766..9810, 9811..9855, 9856..9900, 9901..9945, 9946..9990, 9991..10035, 10036..10080, 10081..10125, 10126..10170, 10171..10215, 10216..10260, 10261..10305, 10306..10350, 10351..10395, 10396..10440, 10441..10485, 10486..10530, 10531..10575, 10576..10620, 10621..10665, 10666..10710, 10711..10755, 10756..10800, 10801..10845, 10846..10890, 10891..10935, 10936..10980, 10981..11025, 11026..11070, 11071..11115, 11116..11160, 11161..11205, 11206..11250, 11251..11295, 11296..11340, 11341..11385, 11386..11430, 11431..11475, 11476..11520, 11521..11565, 11566..11610, 11611..11655, 11656..11700, 11701..11745, 11746..11790, 11791..11835, 11836..11880, 11881..11925, 11926..11970, 11971..12015, 12016..12060, 12061..12105, 12106..12150, 12151..12195, 12196..12240, 12241..12285, 12286..12330, 12331..12375, 12376..12420, 12421..12465, 12466..12510, 12511..12555, 12556..12600, 12601..12645, 12646..12690, 12691..12735, 12736..12780, 12781..12825, 12826..12870, 12871..12915, 12916..12960, 12961..13005, 13006..13050, 13051..13095, 13096..13140, 13141..13185, 13186..13230, 13231..13275, 13276..13320, 13321..13365, 13366..13410, 13411..13455, 13456..13500, 13501..13545, 13546..13590, 13591..13635, 13636..13680, 13681..13725, 13726..13770, 13771..13815, 13816..13860, 13861..13905, 13906..13950, 13951..13995, 13996..14040, 14041..14085, 14086..14130, 14131..14175, 14176..14220, 14221..14265, 14266..14310, 14311..14355, 14356..14400, 14401..14445, 14446..14490, 14491..14535, 14536..14580, 14581..14625, 14626..14670, 14671..14715, 14716..14760, 14761..14805, 14806..14850, 14851..14895, 14896..14940, 14941..14985, 14986..15030, 15031..15075, 15076..15120, 15121..15165, 15166..15210, 15211..15255, 15256..15300, 15301..15345, 15346..15390, 15391..15435, 15436..15480, 15481..15525, 15526..15570, 15571..15615, 15616..15660, 15661..15705, 15706..15750, 15751..15795, 15796..15840, 15841..15885, 15886..15930, 15931..15975, 15976..16020, 16021..16065, 16066..16110, 16111..16155, 16156..16200, 16201..16245, 16246..16290, 16291..16335, 16336..16380, 16381..16425, 16426..16470, 16471..16515, 16516..16560
|