COMM 308 exam

General Instruction: Use Yellow paper for your computation and answer. Task 1. Compute the interest of the following: 1. P25,000 at 6% simple interest for 1 year. 2. P30,000 at 9.5% simple interest for 90 days. 3. P60,000 at 12.5% simple interest for 2 years and 6 months.

Given a loan amount​ P, an annual interest rate​ r, and the length of the loan in​ years, find the monthly payment R necessary to pay off the loan by completing parts a through c. Represent the number of monthly payments by n.   Amount Rate Time ​$50,000 5​% 20 years       Question content area bottom Part 1 a. Calculate P1+r12n and call this number A.   A=enter your response here ​(Round to two decimal places as​ needed.) Part 2 b. Calculate 1+r12n−1r12 and call this number B.   B=enter your response here ​(Round to two decimal places as​ needed.) Part 3 c. Let R​ = AB.   The monthly payment necessary to pay off the loan is R=​$enter your response here. ​(Round up to the nearest​ cent.)

= Homework: Homework 3 Questic Determine the amount of interest on a 60-day note for $477.00 with interest at 6.18% per annum. Ignore any grace period. The amount of interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

please answer activity 1.1 3rd question and activity 1.2 1st question, thanks. it is about annuities.

Assignment - 11. Quiz: Savings Accounts SECTION ASSIGNMENTS COURSES Attempt 1 of 1 1 2 3 4 Which functions denotes the value of a car loan that accrues 18% annual simple interest for t years? Of (t) = 10000 + 120t Og(x) = 10000 + 12t Oh(x) = 12000t Ok (x) = 10000 1.12t NEXT QUESTION O ASK FOR HELP S Type here to search

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How do I do this on a Financial calculator? Can it even do this problem?

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My Blackboard MTH101 B01 - QUANTITATIVE LITERACY (Fall 2021 Credit Courses) Homework Homework 1.3 Homework 1.3 Score: 0/19 2/8 answered X Question 3 > Score on last try: 0 of 1 pts. See Details for more. > Next question 2 Get a similar question You can retry this question below You deposit $6000 in an account earning 5% interest compóunded monthly. How much will you have in the account in 15 years? $ 8,540.57 Question Help: Message instructor Submit Question МacBook Air 000 D00 F6 F5 F4 esc F2 F3 F1 %24 并

Crop a question SIM ? 11:00 AM A elearning.ju.edu.jo The future value of $200 received today and deposited at 8 percent compounded semi-annually for three years is Select one: a. $352 b. $158 C. $253 d. $380 Previous page Next page Quiz navigation 4. 6. Finish attempt. Go Time left 0:19:14 II

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4 AMP we 15a.eju/ρωποduos Safari File Edit View History Bookmarks Window Help $ Saving Money - 22/SU INTENSIVE QUANT REASONING (105A-900) Assume you put $600 per month into a retirement account for 14 years, and the account has an APR of 3.02% compounded monthly. $ $ What is the account balance at the end of the 14 years? Round your answer to the nearest cent. How much of the money in the account at the end of the 14 years is your personal investment, meaning that the money came directly from you? webassign.net How much of the money in the account at the end of the 14 years is interest? What percentage of the account balance after 14 years is interest? Round your percentage to one decimal place. % "p WWA Finance 1 -Saving Money and Earning Interest - 22/SU INTENSIVE QUANT REASONING(1054-900), Sum.... . .- Thu Ju Hint: The percentage of interest in the account is equal to the amount of the account balance that is interest divided by the base account balance. Multiply that result by 100…

Assignment - 11. Quiz: Savings Accounts SECTION 1 OF 1 QUES ASSIGNMENTS COURSES Attempt 1 of 1 « < 3 4. 6 7 8 The simple interest rate in a payment plan is 12%, and the principal amount borrowed is $10,000. Which function denotes the total amount that is paid back after t years. Of (t) = 10000 + 1200t Ok (x) = 10000 1.12t O g(z) = 10000 + 12t %3D Oh (x) = 12000t SUBMIT ANSWER O ASK FOR HELP TURN IT IN here to search 100

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Suppose that you deposited $5,999 at the end of each year in a Roth IRA account earning an annual rate of 5.01% for the next 15 years. How much would be on deposit at the end of the 15th year? In the space below, please indicate what the following variables are (enter answers to four decimal places and be mindful as to whether the variable is a positive or negative number): 1. PV 2. FV 3. Rate % 4. Periods 5. Payment

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whats the answer to number 1?

ind the future value and compound interest on $4,000 at 4% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or ne future value and compound interest formula. Future Value or Compound Amount of $1.00. Future value = $ (Round to the nearest cent as needed.) Help Me Solve This Calculator Get More Help - Clear All Check Answer P Pearson ere to search %23 70 F home %23 24 4. 6 R Y G K D alt

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Score: 4/12 4/12 answered $ You deposit $300 each month into an account earning 7% interest compounded monthly. a) How much will you have in the account in 15 years? Question 6 $ b) How much total money will you put into the account? S c) How much total interest will you earn? Question Help: Video 1 Video 2 Search

Suppose you have $5,000 to invest for the next 40 years. You are given 3 choices on where to invest your money. Account #1 12.20% compounded weekly Account #2 12.18% compounded daily 12.16% compounded continuously Account #3 Calculate the APR (assume P-$100, t=1 year) for each account. Round to 2 decimal places, in percent form. APR Account #1 % Account #2 % Account #3 % SHOW WORK BELOW: Based on your calculations, which account will you invest your $5,000? Why? How much money will you have after 40 years in the account that you have chosen? How much in total interest will you gain? In other words, from $5,000, by how much did your money increase?