Use the simple interest formula to determine the missing value. p=​?, r=6​%, t=9 ​months, i=​$108p=​$ __​(Round to the nearest cent as​ needed.)

Q: You want to save $50,000 in 18 years for a college fund for your child by making regular,…

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Q: Suppose you want to have $600,000 for retirement in 30 years. Your account earns 10% interest. Using…

A: We will use recurring method of Banking to find solution to the chapter .

Q: Calculate the simple interest earned. Round to the nearest cent. P = $5000, r = 3.3%, t = 22 days

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Q: Use the simple interest formula to determine the missing value.   p =$1425, r= ? t= 4 years i=…

A: Given information :P =1425;t=4 yearsi=125.40 here, let rate, r %Now, use the following formula to…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 2.6%, t = 22 days

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Q: Kathy Crag, the owner of The Fabric Corner, lent $15,000 to Dani Flynn to open her own card shop.…

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Q: Using the simple interest formula l=Prt, determine the deposit that must be made to earn $54.30 in…

A: Simple Interest = I = 54.30 $Rate of interest = r = 3.63 %time = t = 192 days = 192365 daysDeposit =…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $6,000, r = 6.3%, t = 8 months

A: Note:- Simple interest formula is given by simple interest=prt/100 where p=principal value r= rate…

Q: Jamerra receive plans on paying the end of 2 yea $450 in interest interest rate on

A: GIVEN  principal P=$ 3000 time t=2 years interest I=$ 450

Q: Calculate the simple interest due on a 66-day loan of $1500 if the interest rate is 3%. (Round your…

A: Calculate the simple interest due on a 66-day loan of $1500 if the interest rate is 3%. (Round your…

Q: Find the present value of $34,500 in 11 months at 5.5% interest Give your answer to the nearest cent…

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Q: Find the simple interest I of the given loan amount. (Round your answer to the nearest cent.) $460…

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Q: p=​?,

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Q: A house sells for  $155,000  and a  20%  down payment is made. A mortgage was secured at  3%  for…

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Q: When you were born, your grandfather established a trust fund for you in the Land Bank of the…

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Q: Use the simple interest formula to determine the missing value. p= $943.66, r= 3.5%, t= ?, i =…

A: Given:p = $943.66,   r = 3.5%,   i = $198.17

Q: Calculate the simple interest due on a 66-day loan of $3700 if the interest rate is 4%. (Round your…

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 5.2%, t = 17 days

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $7,000, r = 6.1%, t = 6 months

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Q: Jane needs to pay for car repairs and, to do so, decides to pawn her bicycle. The pawn broker…

A: The simple interest, I is calculated using the formula, I=Prt , where, P is the principal amount, r…

Q: Find the amount of simple interest earned for depositing the given principle in an account. P=…

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Q: A loan company offers money at 1.5% per month compounded monthly. What is the nominal interest rate?…

A: According to question given that Loan company offer 1.5% per month compounded monthlyNominal…

Q: Use the simple interest formula to determine the missing value. p= ?, r= 4%, t= 3 months, i = $16 p=…

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Q: The owner of a hot dog stand receives a loan of $4,750 at 7.25% for 9 months. Find the amount of…

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Q: Use the simple interest formula to determine the missing value. p= ?, r= 6%, t =9 months, i = $54

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Q: Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest…

A: It is given that the initial principal amount is $2600. The simple interest after t=3 years is…

Q: Use the simple interest formula to determine the missing value. p= $1525, r= ?, t=4 years, i $134.20…

A: Simple interest formula     i = prt/100 Here of we put all the values of the variables available,…

Q: USE SIMPLE INTEREST TO FIND THE ENDING BALANCE   $1, 300 AT 5 % FOR 6 years

A: Find ending balance

Q: Find the interest. Round to the nearest cent. $1180 at 7.6% for 14 months

A: It is given that, $1180 at 7.6% for 14 months.

Q: The owner of Oak Hill Squirrel Farm deposits $1,000 at the end of each quarter into an account…

A: We will find out the required value.

Q: Use the simple interest formula to determine the missing value. p=$1525, r=?, t=2 years, i= $67.10

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Q: How much would you need to deposit in an account each month in order to have $20,000 in the account…

A: We know that Simple interest = PTR/100 Here Time is 7 years and Rate is 6%  Amount is 20000$. Amount…

Q: How much interest will this account earn, if compound interest is calculated yearly? Principal =…

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Q: How much would you need to deposit in an account each month in order to have $50,000 in the account…

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $9030, r = 5.25%, t = 6 months

A: Given data is : P=$9030r=5.25%t=6 month=612 year=12 year To find the simple interest.

Q: Use the simple interest formula to determine the missing value. p= ?, r= 6%, t=6 months, i $60…

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Q: Suppose you buy a home and finance $275,000 at $2,233.17 per month for 30 years. What is the amount…

A: According to question, Cost of home = $275,000, Cost of finance = $2,233.17 per month, Time period…

Q: Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest…

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Q: Find the balance in an accou interest rate of 3.8% per yea

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Q: Use the ordinary interest method to find the rate of interest that Valley Mountain Vineyards pays on…

A: Given information Principal amount P=$5,600 Time t=235 days ⇒t=235360 years Amount of interest…

Q: Use the simple interest formula to determine the missing value. p= ?, r= 6%, t= 9 months, i = $63…

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Q: How much will Lee receive at the end of 4 years?

A: Principle, P = $18,400 Annual interest rate, r = 8% = 0.08 No. of times interest compounded per…

Q: Find the interest on P15, 000 at 6 ¼ % simple interest for 15 months.

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Q: Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest…

A: We need to determine the principal amount, p. The simple interest is calculated using the formula:…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $7,000, r = 6.6%, t = 4 months

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Q: John Sun Yee will need $10,000 to pay for remodeling work on his house. A contractor agrees to do…

A: From the given data and Using the formula, The present value of $6000 at 2.6% is =

Q: Calculate the simple interest earned. Round to the nearest cent. P = $8000, r = 9%, t = 1 year

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $2100, r = 5.3%, t = 6 months

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Q: A laptop was bought for 10,000 php plus a monthly installment of 4,500 php scheduled to be paid at…

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Q: Jennifer received a loan at 5% p.a. simple interest for 8 months. If he was charged an interest of…

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Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.