Topic
Q:
Reggie heard that as a general rule, he should save at least \( 10 \% \) of his take-
home pay. If Reggie's take-home pay is \( \$ 2340 \) per month, what is the
minimum amount per year that he should save?
A. \( \$ 234 \)
B. \( \$ 195 \)
C. \( \$ 2106 \)
D. \( \$ 2808 \)
Q:
Garrett is looking into getting an apartment that costs \( \$ 950 \) per month. How
much does he need to make per year in order to comfortably afford this much
in rent?
A. \( \$ 49,400 \)
B. \( \$ 25,300 \)
C. \( \$ 26,500 \)
D. \( \$ 46,600 \)
Q:
\begin{tabular}{l|l|l} Fritz Benjamin buys a car costing \( \$ 24000 \). He agrees to \\ make payments at the end of each monthly period for. 4 \\ years. He pays \( 10.8 \% \) interest, compounded monthly. \\ What is the amount of each payment? Find the total \\ amount of interest Fritz will pay. \end{tabular}
Q:
If the national average for a gallon of gas is \( \$ 2.74 \), how much should you
expect to pay for gas in New York versus Los Angeles?
\( \begin{array}{l}\text { A. } \$ 2.75 / \$ 3.24 \\ \text { B. } \$ 1.95 / \$ 2.59 \\ \text { C. } \$ 3.29 / \$ 2.96 \\ \text { D. } \$ 3.03 / \$ 2.75\end{array} \).
Q:
b) A Precio de na Geladeria se le plica
un ecargo elel \( 12 \% \) ye paga n 8 cuotas
iguales de \( \$ 231 \) cual es el precio delaheladeria
Q:
b) A Precio de na Geladeria se le plica
un ecargo elel \( 12 \% \) ye paga n 8 cuotas
iguales de \( \$ 231 \) cual es el precio delaheladeria
Q:
Which of the following is a source of income?
A. Business ownership
B. House purchase
C. FICA
D. Timeshare
Q:
\( P=280,000 \)
\( R=5.50 \% \)
\( T=30 \) years
Q:
* Una computadora tiene un precio de \( \$ 3000 \) si
paga en efectiva tieneun descuento de \( 15 \% \) y si
compra en cuo tas un recaryode \( 20 \% \).
Calcula y respondo
Q:
point(8) possible
Find the future value of an ordinary annuity if payments are made in the amount \( R \) and interest is compounded as given,
Then determine how much of this value is from contributions and how much is from interest.
\( R=16,000 ; 4.5 \% \) interest compounded quarterly for 16 years.
The future value of the ordinary annuity is \( \$ \square \).
(Round to the nearest cent as needed.)
The amount from contributions is \( \$ \square \) and the amount from interest is
\( \$ \square \). (Round to the nearest cent as needed.)
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