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ACB121
Questions and answers by visitors named
ACB121
Questions (24)
Use the savings plan formula to answer the following question.
You want to purchase a new car in 8 years and expect the car to
3 answers
322 views
Consider the two savings plans below. Compare the balances in each plan after 12 years. Which person deposited more money in
1 answer
306 views
Consider a student loan of $17,500 at a fixed APR of 12% for 20 years.
1 answer
334 views
Consider a student loan of $17,500 at a fixed APR of 12% for 20 years.
a. Calculate the monthly payment. b. Determine the
3 answers
507 views
a) Fill in the blanks to show what the next three numbers are in the following sequence.
28 , 37 , 46 , 55 , 64 , b) Is the
3 answers
291 views
The following table shows the expenses and income for a local college student. Assume that amounts shown for salaries and wages
1 answer
352 views
You deposit $2,000 in an account with an annual interest rate of 4.5%. Calculate the amount of money you will have in your
1 answer
378 views
Suppose you want to save $80,000 to put toward a down payment on a house in 7 years. How much will you need to deposit now if
1 answer
202 views
Suppose you want your child's college fund to contain $85,000 after 16 years. If you can get an APR of 5%, how much should you
1 answer
211 views
Suppose you set up a new IRA (individual retirement account) that pays an APR of 6.3%. If you make monthly payments of $200 for
1 answer
243 views
A student takes out a loan of $12,360 at a fixed APR of 5.5% for 5 years.
a) What is the monthly payment? (Round to the nearest
1 answer
259 views
Compare the monthly payment and total payment for the following pairs of loan options. Assume that both loans are fixed rate and
1 answer
457 views
You plan to drive to your next vacation destination that is 258 miles away. Your car currently gets 24 miles per gallon.
a) How
1 answer
212 views
If 1.00 Euro = 1.094 US Dollars (€ 1.00 = $1.094),
a) Convert $86.54 to Euros (€) b) Convert € 37 to US Dollars ($) Round
1 answer
223 views
Using Gauss’ method find the following sum:
54 + 63 + 72 + . . . + 189 + 198 + 207
2 answers
167 views
How many ways can you make change for 60 cents (60¢), using only quarters (25¢ coins), dimes (10¢ coins), and nickels (5¢
2 answers
584 views
The figure below summarizes the national average spending patterns for people of different ages.
Percentage of Spending by
3 answers
492 views
You can buy shampoo in a 5-ounce bottle for $3.39 or in an 15-ounce bottle for $9.99.
a) What is the price per ounce for the
2 answers
638 views
A website that reviews recent movies lists five-star films (the highest rating), four-star films, three-star
3 answers
441 views
A website that reviews recent movies lists 4 five-star films (the highest rating), 13 four-star films, 17
2 answers
559 views
Use 6-point bins (94 to 99, to 88 to 93, etc.) to make a frequency table for the set of exam scores shown below.
3 answers
481 views
Use 8-point bins (92 to 99, to 84 to 91, etc.) to make a frequency table for the data set below. Include columns for
1 answer
382 views
Question 5. The number of meteorites found in 11 states of the United States is
89, 47, 164, 470, 296, 30, 215, 78, 89, 48, 39
1 answer
259 views
Question 10. The number of faculty listed for a sample of private colleges that offer only bachelor's degrees is listed below.
1 answer
282 views