Morris paid £500 a month for 20 years to pay off the mortgage on his Glasgow house. If his down payment was £5000 and the interest rate was 6 percent compounded monthly, what was the purchase price of the house?

Find the present value of $750 to be paid four years from now when the prevailing interest rate is 10 percent, if interest is compounded annually.

Many retirement funds charge an administrative fee equal to 0.25% on managed assets. Suppose that Alexx and Spenser each invest $4,000 in the same stock this year. Alexx invests directly and earns 4% a year. Spenser uses a retirement fund and eams 3.75%. If Alexx and Spenser leave their investments in place for 30 years, with annual compounding of the interest, how much more will Alexx have than Spenser at the end of the 30-year period? Alexx will have more than Spenser after 30 years. (Enter your response rounded to two decimal places.)

Emily recently graduated with a B.A. In economics and was offered a job with a small but growing company for $40,200 per year. About the same time, Emily inherited $60,000. She decided to pass up the job and use her inheritance to purchase a bubble tea shop rather than put the money into a bond fund (as her uncle suggested), which would have paid 5 percent per year interest. Emily works full-time at her new business, and at the end of the year she had revenues of $78,000 and total explicit costs of $38,600. a. What was Emily's accounting profit or loss for the year? Accounting (Click to select) : $ b. What was her economic profit or loss for the year? Economic (Click to select) : $

If $10,000 is invested in an account at United Mutual fund for 18 years, earning 10% compounded annually, what would its future worth be after 18 years?

Please answer everything in the photos including the graph.