136 Answered Questions for the topic Precalc

10h

#### 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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1d

#### You can afford monthly deposits of $270 into an account that pays 3.9% compounded monthly. How long will it be until you have $6,400 to buy a boat?

You can afford monthly deposits of $270 into an account that pays 3.9% compounded monthly. How long will it be until you have $6,400 to buy a boat?Type the number of months: ______(Round to the...
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1d

#### 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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#### 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.)

1d

#### 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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1d

#### 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.)

1d

#### If $15,000 is invested at 3% compounded monthly, what is the amount after 9 years?

If $15,000 is invested at 3% compounded monthly, what is the amount after 9 years?The amount after 9 years will be $ ________ (round to the nearest cent)

1d

#### Use the continuous compound interest formula to find the indicated value. A=$16,142; P=$12,200; t=36 months; r=?

Use the continuous compound interest formula to find the indicated value.A=$16,142; P=$12,200; t=36 months; r=?r=__________%(Round to three decimal places as needed.)

2d

#### The annual interest rate on a credit card is 14.99%. If a payment of $100.00 is made each month, how many months will it take to pay off an unpaid balance of $2,546.26?

The annual interest rate on a credit card is 14.99%. If a payment of $100.00 is made each month, how many months will it take to pay off an unpaid balance of $2,546.26? Assume that no new...
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2d

#### You want to purchase an automobile for $32,383. The dealer offers you 0% financing for 48 months or a $6,122 rebate. You can obtain 5.7% financing for 48 months at the local bank.

You want to purchase an automobile for $32,383. The dealer offers you 0% financing for 48 months or a $6,122 rebate. You can obtain 5.7% financing for 48 months at the local bank. Which option...
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2d

#### they paid $24,252 down on a new house and are to pay $820 per month for 15 years. If interest is 4.5% compounded monthly, what was the selling price of the house?

Some friends tell you that they paid $24,252 down on a new house and are to pay $820 per month for 15 years. If interest is 4.5% compounded monthly, what was the selling price of the house? How...
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5d

#### You can afford monthly deposits of $270 into an account that pays 3.9% compounded monthly. How long will it be until you have $6,400 to buy a boat?

You can afford monthly deposits of $270 into an account that pays 3.9% compounded monthly. How long will it be until you have $6,400 to buy a boat?Type the number of months: ______(Round to...
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#### Use technology and the future value formula to find i.

Use technology and the future value formula to find i.FV=$6,167; PMT=$700; n=7; i=? i = ________

6d

#### You can afford monthly deposits of $190 into an account that pays 3.3% compounded monthly. How long will it be until you have $8,900 to buy a boat?

You can afford monthly deposits of $190 into an account that pays 3.3% compounded monthly. How long will it be until you have $8,900 to buy a boat?Type the number of months: _________(Round to...
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#### Use the compound interest formula to find the present value P, for the following given values.

Use the compound interest formula to find the present value P, for the following given values.A=$20,200i=0.038n=93P=$ _______ (Round to the nearest cent.)

#### If $16,000 is invested at 4% compounded quarterly, what is the amount after 10 years?

If $16,000 is invested at 4% compounded quarterly, what is the amount after 10 years?The amount after 10 years will be $ ______

#### How long will it take money to quadruple if it is invested at the following rates? (A) 5.2% compounded weekly (B) 6.5% compounded

How long will it take money to quadruple if it is invested at the following rates?(A) 5.2% compounded weekly(B) 6.5% compoundedA) _____ YEARS (Round to two decimal places as needed)

#### A newborn child receives a $5,000 gift toward a college education from her grandparents. How much will the $5,000 be worth in 19 years if it is invested at 5.3% compounded quarterly?

A newborn child receives a $5,000 gift toward a college education from her grandparents. How much will the $5,000 be worth in 19 years if it is invested at 5.3% compounded quarterly?

#### Using the formula for simple interest and the given values, find I. P=$700; r=9%; t=4 years; I=?

Using the formula for simple interest and the given values, find I.P=$700; r=9%; t=4 years; I=?

#### What annual interest rate is earned by a 14-week T-bill with a maturity value of $2,000 that sells for $1,972.81?

What annual interest rate is earned by a 14-week T-bill with a maturity value of $2,000 that sells for $1,972.81?The annual interest rate is ___% (Type an integer or decimal rounded to three...
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#### Write the slope-intercept equation (y = mx + b) for a line with the given characteristics. 1) m = -4, passing through (1, -2)

Write the slope-intercept equation (y = mx + b) for a line with the given characteristics.1) m = -4, passing through (1, -2)

#### Given that f is a quadratic function with minimum f(x)=f(6)=1, find the axis, vertex, range and x-intercepts.

Given that f is a quadratic function with minimum f(x)=f(6)=1, find the axis, vertex, range and x-intercepts.

#### A person wishes to have $21,900 cash for a new car 3 years from now. How much should be placed in an account now, if the account pays 4.9% annual interest rate, compounded weekly?

A person wishes to have $21,900 cash for a new car 3 years from now. How much should be placed in an account now, if the account pays 4.9% annual interest rate, compounded weekly?$ ______ (round...
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#### Find the value of an investment of $20,000 for 11 years at an annual interest rate of 3.15% compounded continuously.

Find the value of an investment of $20,000 for 11 years at an annual interest rate of 3.15% compounded continuously.

#### For the polynomial function find the following: (i) Degree of the polynomial; (ii) All x intercepts; (iii) The y intercept.

For the polynomial function find the following: (i) Degree of the polynomial; (ii)All x intercepts; (iii) The y intercept.2) y = (x + 10)(x + 6)(x + 6)

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