76 Answered Questions for the topic calc1
12/14/20
Use the future value formula to find the indicated value.
Use the future value formula to find the indicated value.n=50; i=0.04; PMT=$92; FV=?FV=$____________(Round to the nearest cent.)
12/13/20
Use the continuous compound interest formula to find the indicated value. P=$5,000; r=3.22%; t=6 years; A=?
Use the continuous compound interest formula to find the indicated value.P=$5,000; r=3.22%; t=6 years; A=?A=$_______ (Round to two decimal places as needed.)
12/13/20
Use the compound interest formula to find the future value A for the following values.
Use the compound interest formula to find the future value A for the following values.P=$1,500i=0.046n=27A=$______ (Round to the nearest cent.)
12/10/20
Consider the experiment of spinning the spinner once. Find the probability that the spinner lands on blue.
A circular spinner is divided into 16 sectors of equal area: 5 red sectors, 5 blue, 4 yellow, and 2 green. Consider the experiment of spinning the spinner once. Find the probability that the...
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12/10/20
A survey of 1200 people in a certain city indicates that 830 own microwave ovens, 720 own DVD players, and 570 own microwave ovens and DVD players.
A survey of 1200 people in a certain city indicates that 830 own microwave ovens, 720 own DVD players, and 570 own microwave ovens and DVD players.(A) How many people in the survey own either a...
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12/10/20
A circular spinner is divided into 14 sectors of equal area. There are 3 red sectors, 5 blue, 4 yellow, and 2 green. Consider the experiment of spinning the spinner once.
A circular spinner is divided into 14 sectors of equal area. There are 3 red sectors, 5 blue, 4 yellow, and 2 green. Consider the experiment of spinning the spinner once. Find the probability...
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12/10/20
A circular spinner is divided into 16 sectors of equal area: 5 red sectors, 5 blue, 3 yellow, and 3 green. Consider the experiment of spinning the spinner once.
A circular spinner is divided into 16 sectors of equal area: 5 red sectors, 5 blue, 3 yellow, and 3 green. Consider the experiment of spinning the spinner once. Find the probability that the...
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12/08/20
A class of 50 music students includes 12 who play the piano, 14 who play the guitar, and 5 who play both the piano and the guitar.
A class of 50 music students includes 12 who play the piano, 14 who play the guitar, and 5 who play both the piano and the guitar.How many students in the class play neither instrument?
12/08/20
A group of 100 people touring Europe includes 38 people who speak French, 59 who speak Greek, and 17 who speak neither language. How many people in the group speak both French and Greek?
A group of 100 people touring Europe includes 38 people who speak French, 59 who speak Greek, and 17 who speak neither language. How many people in the group speak both French and Greek?_____...
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12/07/20
Use technology and the future value formula to find i. FV=$7,426; PMT=$600; n=9; i=?
Use technology and the future value formula to find i.FV=$7,426; PMT=$600; n=9; i=?i=_________(Round to two decimal places as needed.)
11/02/20
a couple deposits $783 per month into an account paying 3% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 3 years?
In order to accumulate enough money for a down payment on a house, a couple deposits $783 per month into an account paying 3% compounded monthly. If payments are made at the end of each period,...
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11/02/20
Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $2,500 are made for 12 years into an annuity that pays 7.5% compounded semiannually.
Find i (the rate per period) and n (the number of periods) for the following annuity.Semiannual deposits of $2,500 are made for 12 years into an annuity that pays 7.5% compounded...
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11/02/20
Find i (the rate per period) and n (the number of periods) for the following annuity. Monthly deposits of $400 are made for 6 years into an annuity that pays 7% compounded monthly.
Find i (the rate per period) and n (the number of periods) for the following annuity.Monthly deposits of $400 are made for 6 years into an annuity that pays 7% compounded monthly.i=...
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11/02/20
Use the continuous compound interest formula to find the indicated value.
Use the continuous compound interest formula to find the indicated value.A=$19,798; P=$13,500; t=60 months; r=?r=______%
11/02/20
The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r to the nearest tenth of a percent.
The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r to the nearest tenth of a percent.P = $3400.00, A = $3472.25, t =...
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10/26/20
Use technology and the future value formula to find i. FV=$7,426; PMT=$600; n=9; i=?
Use technology and the future value formula to find i.FV=$7,426; PMT=$600; n=9; i=?i=______(Round to two decimal places as needed.)
10/26/20
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem.
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem.PV=$17,000; i=0.005; PMT=$650; n=?n=________ (Round up to the nearest...
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10/26/20
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV=$11,000; PMT=$500; n=40; i=?
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem.PV=$11,000; PMT=$500; n=40; i=?i= _________ (Type an integer or...
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10/26/20
The ad for a 4-door sedan claims that a monthly payment of $349 constitutes 0% financing. Explain why that is false.
The ad for a 4-door sedan claims that a monthly payment of $349 constitutes 0% financing. Explain why that is false. Find the annual interest rate compounded monthly that is actually being...
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10/25/20
What is the APY for money invested at each rate? (A) 11% compounded monthly (B) 12% compounded continuously
What is the APY for money invested at each rate?(A) 11% compounded monthly(B) 12% compounded continuously(A) APY=_______ % (Round to three decimal places as needed.)(B) APY = ________ %...
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10/25/20
Use the continuous compound interest formula to find the indicated value. A=$17,673; P=$12,200; t=60 months; r=?
Use the continuous compound interest formula to find the indicated value.A=$17,673; P=$12,200; t=60 months; r=?r=_______%(Round to three decimal places as needed.)
10/25/20
Use technology and the future value formula to find i. FV=$7,426; PMT=$600; n=9; i=?
Use technology and the future value formula to find i.FV=$7,426; PMT=$600; n=9; i=?i= _______(Round to two decimal places as needed.)
10/25/20
Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $2,700 are made for 9 years into an annuity that pays 7.2% compounded semiannually.
Find i (the rate per period) and n (the number of periods) for the following annuity.Semiannual deposits of $2,700 are made for 9 years into an annuity that pays 7.2% compounded...
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10/25/20
Use the future value formula to find the indicated value. n=22; i=0.02; PMT=$51; FV=?
Use the future value formula to find the indicated value.n=22; i=0.02; PMT=$51; FV=?FV=$ ____________(Round to the nearest cent.)
10/25/20
More Money 4U offered an annuity that pays 6.6% compounded monthly. If $1,529 is deposited into this annuity every month, how much is in the account after 12 years? How much of this is interest?
Recently, More Money 4U offered an annuity that pays 6.6% compounded monthly. If $1,529 is deposited into this annuity every month, how much is in the account after 12 years? How much of this...
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