Login
Premium
Home Question Bank Economics Archive 2024 December 08

Economics Questions from Dec 08,2024

Browse the Economics Q&A Archive for Dec 08,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

error msg
Find the amount of money owed at the end of 7 years if \( \$ 8400 \) is borrowed at \( 11 \% \) per year compounded monthly and no payments are made on the loan. A student wanted to know how much simple interest they would earn from investing \( \$ 6,500 \) at a rate of \( 9 \% \) for 5 years. They set up the equation like this, \( 6,500(0.9)(5) \). Is this the correct way to set up the equation to solve this problem? Laura deposits \( \$ 500 \) in a savings account that pays \( 4.5 \% \) simple interest. How much money will be in the account after 3 years? Calculate the amount of simple interest earned. \( \$ 1,500 \) at \( 11 \% \) for 6 years \( \begin{array}{l}\$ 9,000 \\ \$ 9,900 \\ \$ 19,800 \\ \$ 990\end{array} \) [0/1 Points] DETAILS MY NOTES EWENMATH12 1.16.018. 3/100 Submissions Used Find the amount of money owed at the end of 5 years if \( \$ 40,000 \) is borrowed at \( 5 \% \) per year compounded weekly and no payments are made on the loan. (Simplify your answer completely. Assume there are 52 weeks in a year. Round your answer to the nearest cent.) \( \$ \square \) Mary Lou received \( \$ 13,000 \) from her grandparents for her college education 8 years prior to her enrolling in college. Mary Lou invested the money at \( 3.5 \% \) compounded semiannually. How much money will she have in her savings account when she is ready to enroll in college? (Simplify your answer completely. Round your answer to the nearest cent.) \( \$ \) 1 Points] DETAILS MY NOTES EWENMATH12 1.16.003. \( 2 / 100 \) Submissions Used . Find the amount of money owed at the end of 3 years if \( \$ 7,500 \) is borrowed at \( 5.5 \% \) per year compounded quarterly and no payments are made on the loan. (Simplify your answer completely. Round your answer to the nearest cent.) 5100 dollars is placed in an account with an annual interest rate of \( 7 \% \). To the nearest year, how long will it take for the account value to reach 13500 dollars? When a shopkeeper sells a blouse for \( \$ 800 \) she makes \( 12 \frac{1}{2} \% \) profit. the cost price of the blouse to the nearest cent. Irs Jones borrows \( \$ 400 \) for 3 years. She is told that she will be charged \( \$ 102 \) terest for the loan of the money. Find the simple interest percentage rate hich Mrs Jones is paying.
Prev 1 2 3 4 5 6
...
13 Next
1 2 3 4 5 6
...
13
Prev Next
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy