2. The average price of a compact car is $20,000. If the value of the car depreciates an average of 15% each year, what is the value of the car 2 years after purchasing the car? 4 years? 10 years?

Q: Suppose you deposit $1050 into an account earning 3.4% simple interest for 21 months. How much is in…

A: Formula used: The future value of investment of principle amount P after t years by simple interest…

Q: 4 a) If a house is sold for $790,000 plus GST what is the actual sale price? Iman b) If a house is…

A: 4) Given information: Open market price=$790,000 Rate of GST=12%

Q: b) Suppose that the amount in an account 3 years after being invested at 7% is $6050. What was the…

A: A=P1+rtr=rate p= principal amountA = amoiunt

Q: If $4000 is deposited at the end of each half year in an account that earns 6.6% semiannually, how…

A:

Q: A man gets a job with a salary of $33,200 a year. He is promised a $2,450 raise each subsequent…

A: Salary is 33,200 a year raise is 2450  . This forms an arithmetic progression the value of a=33200…

Q: 1. Assume a 6-month CD purchased for $5,000 pays simple interest at an annual rate of 9.5%. How much…

A: As per Bartleby answering guidelines if multiple questions are posted in a single picture then an…

Q: A man gets a job with a salary of $32,500 a year. He is promised a $2,190 raise each subsequent…

A:

Q: If I receive pay raises of 4.2%, 6.3%, and 5.1% in three consecutive years. What would be my total…

A:

Q: What is the unemployment rate?

A: Unemployment rate=(No: of unemployed people/ Total population) *100 =(1.5/60)*100 =2.5%

Q: A major shippingcompany is planning to purchase new cargo ships. It wants to borrow $1100 million by…

A: Given that, A major shipping company is planning to purchase new cargo ships. It wants to borrow…

Q: A vehicle purchased for $32,500 depreciates at a constant rate of 7%. Determine the approximate…

A:

Q: What quarterly interest rate equals an annual interest rate of 2 %? Give your answer as a decimal…

A: Given that: Annual interest rate, i=2%

Q: 12. Mr. Cruz plans to invest P45,000 on his son's birth for his son's education 5 years later. If…

A:

Q: A vehicle purchased for $29,800 depreciates at a constant rate of 9%. Determine the approximate…

A: Here we have to find the depreciation in the value of the vehicle

Q: What nominal rate, compounded quarterly, is equivalent to 8%, compounded monthly? * O 15 % O 8.053%…

A:

Q: At age 35 you start saving for retirement. If your investment plan pays an APR of 6% and you want to…

A:

Q: If you want to earn 9% annual simple interest on an investment, how much should you pay for a note…

A: Given that  worth $28,700.00 in 5 months. 9% annual simple interest on an investment,

Q: f you borrow $2,400 for 4 years at an annual interest rate of 6%, how much will you pay altogether?

A: In this question, the concept of compounded interest is applied. Compounded Interest  Compound…

Q: How many years if the computed total conversion periods is 51 when compounded quarterly?

A:

Q: If the annual dividend per share for a company is $0.16 and the closing price $27.31, then the Stock…

A:

Q: If $2,000 is invested at 7% compounded monthly, what is the balance after 8 years? $3,601.84…

A:

Q: A man inherited a regular endowment of ₱ 100,000 every end of 3 months for n years. However, he may…

A: Given Amount A=P100000period n=n years=4n quarters.i=14%=14100×14=0.035 quarterly

Q: In order to help pay for college, the grandparents of a child invest $2450 in a bond that pays 15%…

A: Given Principal amount,P=2450 Rate of interest,i=15% Time in years,t=5.5years Number of times…

Q: 3)if a child is given $25,000 at birth and that amount is invested at 9% annual interest, at what…

A:

Q: 3. A company rents an office building for $5500 per month. If they spend $49,920 to upgrade the…

A: Given, Monthly rent = $ 5500  They spend $ 49,920 to upgrade the facility.  Here, cost of upgrade…

Q: What principal would you need to invest at a rate of 7% to earn $150 in 9 months? Round your answer…

A: To find: principal amount

Q: Has a credit plan which charges her an interest rate of 36% compounded bimonthly. What is the…

A: Here, the formula used is: i=1+rmm-1...(1)

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: (a) If you invest $8,000 in an account that earns an APR of 4% simple interest, what will be the…

A:

Q: Suppose you saw a sign at your local bank that​ said, ​"5.3​% rate compounded semiannually – 5.5​%…

A: Given the data :

Q: What amount of money will accumulate to $83,000 in 1 year and 3 months at the interest rate of 2.12%…

A: Given Principal (P) =83000 Rate of interest (R) =2.12% Time (T) =1 year 3 months

Q: If 5000 dollars is invested in a bank account at an interest rate of 4 percent per year,

A:

Q: B 1. A conservative invesment account pays 2% interest. If you deposit 500 a week into this…

A: Let's find.

Q: 5 How many years will it take to be able to accumulate P20,000 to P32,427.25 at 1.75% simple…

A:

Q: 1 he annual interest on a bond is 4-% of its face value and amounts to $185. What is the face value…

A:

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

Q: Suppose you deposit $500 at the end of each quarter into an account that pays 3% annual…

A:

Q: 3. If you start a bank account with $33,000 and your bank compounds the interest quarterly at an…

A:

Q: If inflation has been running at 4.07% per year and a new car costs $23,700 today, what would it…

A: Given that  Inflation has been running per year=4.07% Cost of a new car=$23700 To find  The cost of…

Q: At what interest rate will ₱120,000 earn ₱37,800 interest after 3 ½ years?

A:

Q: A vehicle purchased for $32,500 depreciates at a constant rate of 4%. Determine the approximate…

A: Depreciation on a vehicle can be determined by the formula v = c ( 1-r)t ---- [ I] where V is the…

Q: A student loan of $50,000 at a fixed APR of 6% for 20 years has a monthly loan payment of $4,359.23,…

A: Given, A student loan of $50,000 at a fixed APR of 6% for 20 years has a monthly loan payment of…

Q: Suppose you deposit $5,000 into an account earning 5% per annum. How many years will it take for…

A:

Q: A $2000 Treasury bond with a coupon rate of 6.0% that has a market value of $1875

A:

Q: What monthly interest rate equals a quarterly interest rate of 2%? Give your answer as a decimal…

A:

Q: 5. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A:

Q: If 15,000 is to be accumulated to50,000 in 5 years, what is the ratecompounded (A) quarterly? (B)…

A:

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.