Simple interest | Business & Finance homework help

Using the formula for simple interest and the given values find i
P= $300, r=5%, t=4 years; I=$

Use the formula for simple interest, I=prt to find the indicated quantity.
I=$144, r=8%, t=9 months; P=
P=$

Use the compound interest formula to find the present value for P, the following given values.
A=$23,600
i=0.044
n=108
P=$
Round to nearest cent

An investment company pays 5% compounded semiannually. You want to have $9000 in the future.
A. How much should you deposit now to have that amount 5 years from now?
$? Round to nearest cent.

B. How much should you deposit now to have that amount in 10 years from now?
$? Round to nearest cent

Use the continuous compound interest formula to find the indicated value.
A=$91,000, P=$74,803, r=9.8%, t=?
T= ? years Do not round until the final answer then round to two decimal places if needed.

Use the continuous compound interest formula to find the indicated value.
A=$26,054 P= $14,500, t= 72 months, r=?
r= ? %
round to three decimal places as needed

If the population of a particular country is growing at 3.8% compounded continuously, how long will it take the population to double? 
The population will double in? years if it growing at 3.8% compounded continuously
Round to the nearest year

Find I (the rate per period) and n (the number of periods) for the following annuity.
Monthly deposits of $310 are made for 3 years into an annuity that pays 7.5% compounded monthly.
i= ? type an integer or decimal rounded to four decimal places as needed

Find i (the rate per period) and n (the number of periods) for the following annuity.
Monthly deposits of $345 are made for 5 years into an annuity that pays 7% compounded monthly
i= ? type an integer or decimal rounded to four decimal places as needed
n=?

Use the future value formula to find the indicated value
N=30, i=0.03, PMT=$77, FV=?
FV=$

Use the future value formula to find the indicated value.
FV=12,000 i=0.02, PMT=$300, n=
N=? round to the nearest integer as needed.

In order to accumulate enough money for a down payment on a house a couple deposits $611 per month into an account paying 3% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 5 years. 
Type the amount in the account $?
Round to nearest dollar

Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV=$9000 i=0.02, PMT=$400 n= ?
Round to the nearest integer

E-Loan an online lending service recently offered 48 month auto loans at 3.6% compounded monthly to applicants with good credit rating. If you have a good credit rating and can afford monthly payments of $407, how much can you borrow from E-Loan? What is the total interest you will pay for this loan?
You can borrow? Round to two decimals places
You will pay a total of $ ? in interest round to two decimal places

If you buy a computer directly from the manufacturer for $2,573 and agree to repay it in 48 equal installments at 1.75% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be paid.
Your monthly payment is $ round two decimal places
The total interest paid is $ round two decimal places

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more