Pretend that you buy a $200 dollar stock. A. If the price goes up 10% on Monday, up 5% on Tuesday, and up 7% on Wednesday, how much is the stock worth now?

Q: Benjamin Franklin invested $2 in 1776 into an account that has a 12% interest rate,in what year will…

A: It is simple interest problem

Q: how long does it take an account containing $8000 to be worth $15000 if the money is invested at 9%…

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Q: Gerald is a sales representative for Wirksworth Corp. In the month of August, he closed…

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Q: Use the below table to calculate the amount of federal income tax that Ken should report if he…

A: Given  Income of Kane is $54187 According to federal tax rates, Kane has to pay tax on 1: 13% on…

Q: Suppose a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

A: so given a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

Q: If you make an investment of $5,000 and the investment earns an annual interest rate of 4.9%, in how…

A: Topic = Algebra

Q: Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at…

A: Given that gross earning is $38,300 To find the withholding for the social security, apply the rates…

Q: In a 7 years, you want to have $3,120 worth of remodeling done to your house bathroom. How much…

A:

Q: If the price of gasoline increased by 20% one week and then again by 10% the following week by what…

A: Higher gasoline prices(P) raise transportation costs(C) for businesses. Due to increased price(P),…

Q: How much simple interest would an investment of $2500 earn at the end of 10 years if the interest…

A: Given p=2500, rate =10% per year, time = 10 year

Q: Suppose a mutual fund has a portfolio of stocks that have a market value of $10.75 billion and the…

A: The objective of this question is to calculate the net asset value (NAV) per share of a mutual fund.…

Q: When Wei Wei first purchased his savings bond, it was worth $800. Now, years later, it is valued at…

A:

Q: To increase his retirement income. A man put away $600 per month for 25 years in an account that…

A:

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: How much interest (to the nearest dollar) would be saved on the following loan if the home were…

A: We will find out the required value.

Q: savings account pays simple interest at 6% annually. If the account starts with $5000, how much will…

A:

Q: You are going to invest some money in a CD. You will invest $500 one time (you won’t add any more…

A: formula

Q: At age 18, someone sets up an IRA (individual retirement account) with an APR of 8%. At the end of…

A: Deposit at the end of each month

Q: Suppose you want to buy a new car that costs ​$32, 900. You have no cash only your old​ car, which…

A: A new car costs $32, 900. You have no cash only your old​ car, which is worth $3000 as a​ trade-in.…

Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 9.2%. You want to have…

A:

Q: Folgers purchased $147 million of mutual fund shares. The fund had total returns over a 3-year…

A: Given query is to find the final value after 3 years.

Q: Suppose you decide to give up your weekly trip to Amy’s ice cream and instead deposit the $12 you…

A:

Q: Carl placed $900 in a brokerage account that has been increasing its value by 16% per year. At the…

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Q: . Nadia received $200 for her 10th birthday. If she saves it in a bank account with 7.5% interest…

A:

Q: Which job pays more after 7 years:  one that pays $46000 initially with a 9.6 % raise every year or…

A: Given:One that pays $46000 initially with a 9.6 % raise every year or one that pays $36000 with a…

Q: When purchase a stock for 10 pesos and then sell it one month later at 20 pesos, you are buying low…

A: Given problem Given that   When purchase a stock for 10 pesos and then sell it one month later at…