lectricity. Jump to level 1 Val's whole-house central air conditioner uses 3,000 watts when running. Val runs the AC 4 hours per summer day. Electricity costs ( 10 cents)/( kilowatt-hour). How much does Val's AC cost to run for a summer month of 30 days?

Convert an interest rate of \( 10 \% \) p.a. compounded quarterly to an annual effectiv interest rate.

₹ 6.050 is borrowed at \( 6.5 \% \) rate of indereat p.a. Find the inderest and the amount to be paid at the end of 3 years.

Si un valor inicial es \( 100 \) y el factor de crecimiento es \( 1.05 \), ¿cuál será el valor después de 3 períodos?

Determine the number of months to complete paying for the balance.

a. The future value of \( \$ 590 \) six years from now at 5 percent. b. The future value of \( \$ 1,000 \) saved each year for 10 years at 7 percent. c. The amount a person would have to deposit today (present value) at an interest rate of 9 percent to have \( \$ 600 \) five years from nov d. The amount a person would have to deposit today to be able to take out \( \$ 900 \) a year for 9 years from an account earning 7 percent.