major airline is plannin

Bella received $1,200 after winning a national mathematics competition.   She plans to invest this money for 5 years.   Her bank offers 2 different saving options:     Option A: Customers receive a simple interest rate of 7.8%.  How much money will be in Bella's account after 5 years if she chooses option A?   $       Option B: Customers receive compound interest of 7.2%. How much money will be in Bella's account after 5 years if she chooses option B?   $       If you are a customer adviser, which option would you recommend to Bella? Option A Option B

You want to be able to withdraw $45,000 from your account each year for 30 years after you retire.You expect to retire in 25 years.If your account earns 5% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?

You want to buy a $13,000 car. The company is offering a 4% interest rate for 48 months (4 years). What will your monthly payments be?

A loan is used to purchase a new truck. the total price of the truck is $34000. a down payment of $4,000 made. the 9% loan will be repaid over 4 years with monthly payments. what is the interest paid with the first monthly payment?

Consider a 30-year fixed-rate home loan of $525,500 with an interest rate of 3.75%. What is the total amount of interest paid? (Round your answer to the nearest cent.) $ =

You bought a bond with 8% coupon rate, 10 year maturity, and $1000 par value for $1,039 one year ago. Today the bond has a price of $901. If you sell the bond today, what is your return on the investment?

Mary and Kevin buy a vacation home for $350,000 down and take out a 15- year mortgage for the remainder. If their annual interest rate is 6%, how much will their monthly mortgage payment be?

A company gets a discount loan at a 12 percent interest rate.  They borrow $100,000 for one year. What is the effective interest rate?

If you have a reducing balance loan at 7.5% and you repay it each month, paying $850 a month. How much interest have you paid by the end of the second month?