A bank offers a CD that pays a simple interest rate of 8%. How much must you put in this CD now in order to have $10,560 to replace all the windows in your house in 4 years? .... O A. $2,560 O B. $5,120 OC. $8,000 O D. $256

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A: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

Q: How long will take for a deposit of $1400 to earn total interest of $300 if the bank is offering an…

A: Simple Interest Formula : I = PTR where I = simple interest earned P = initial investment T = time…

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A: Given that :Suppose you see a car with an advertised price of $14,500 at $410.83 per month for 4…

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Q: What is the time period of a loan for $3,0000, at 10% ordinary Interest, if the amount of Interest…

A: Given information Principal amount P=$3,000 Rate of interest r=10% Amount of interest is I=$125.00…

Q: If you paid $56 to a loan company for the use of $1, 401 for 118 days, what annual rate of interest…

A: Compound interest formula:    I = Prt        Where           I =Interest           P = Principal…

Q: Linda deposited $4,000 into an with 3.8% interest, composnded semiannually ace oja t are made…

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Q: 10. If Luke put $8,000 into his savings account and earned $100.00 of interest at .25% simple…

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Q: Grandma Riley wants to help Scott while he's in college by giving him a $220 monthly allowance for 5…

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A: We will find out the required value.

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Q: 2. You purchase a CD for $1000 on which you will earn 2.4% simple interest for each year of the…

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Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

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Q: vehicle is driven 30,000 miles per year, and the annual insurance premium is $1,250, what is the…

A: a vehicle is driven 30,000 miles per year, and the annual insurance premium is $1,250, to find  the…

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Q: Suppose you deposited ​$40 per month into a savings plan for 5 years and at the end of that period…

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Q: In one particular month, a person has a balance of $ 3,490 on their credit card for 9 days. They…

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Q: What interest would be charged on a loan of $3000 at 4% interest for 1 ½ years?

A: Given information,

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Q: A mutual fund pays a yearly interest of 3.4%. If you invested $7,000 for 5 years, what is the value…

A: Given, Invested amount=7000$ rate of interest= 3.4% No of years=5  Investment after 5 years =?

Q: An invoice for $938.35 has terms 3/10, 2/20, n/30. if a bank note is discounted at 9% to take…

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