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Finance Questions & Answers

Q:
FICA deductions consist of A. Medicaid and Social Security B. Medicare and Social Security C. income tax and health insurance D. pension and Medicare
Q:
b. If Mr Smith would like to earn \( \$ 4000 \) interest in 18 months with Bank B. How much does he need to invest initially with Bank B?
Q:
b. If Mr Smith would like to earn \( \$ 4000 \) interest in 18 months with Bank B. How much does he need to invest initially with Bank B?
Q:
Doña Ramona gasta diariamente \( \$ 380.00 \) pesos para preparar las gorditas que vende en el mercado. En promedio tiene una venta diaria de \( \$ 650 \) ¿cuánto dinero obtiene de ganancia en 35 días de trabajo?
Q:
Tebogo made an initial deposit of R15 000 into an account that paid interest at \( 9.6 \% \) p.a, compounded quarterly. Six months later she withdrew RS 000 from the accours. Two years after the initial deposit she deposited another R3 500 into this account. How much does she have in the account 3 years after her initial deposit?
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Question 4 of \( 5> \) possible This question: 2 point(s) possible Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given.
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\( 1 \leftarrow \quad \begin{array}{l}\text { Find the present value (the amount that should be invested now to accumulate the following amount) if the money is } \\ \text { compounded as indicated. }\end{array} \)
Q:
Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated.
Q:
Allen's monthly take-home pay is \( \$ 3000 \), and his monthly rent is \( \$ 750 \). If both his monthly take-home pay and his rent increase by \( \$ 200 \), what percentage of Allen's take-home pay will be used to pay rent? A. \( 29.7 \% \) B. \( 25.0 \% \) C. \( 23.4 \% \) D. \( 31.7 \% \)
Q:
Find the compound amount for the deposit and the amount of interest earned. \( \$ 5900 \) at \( 9 \% \) compounded quarterly for 2 years The compound amount after 2 years is \( \$ \square \). (Do not round until the final answer. Then round to the nearest cent as needed.)
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