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jim duggan made an investment of 10000 in a savings account10 years ago this account paid interest of 512 for the first
first bank is sending alumni of universities an invitation to obtain a credit card with the name of their university
traffic at a certain intersection is 2000 cars per day a consultant has told the city that traffic is expected to grow
a department store charges 134 interest per month compounded continuously on its customers charge accounts what is the
if you want a 12 rate of return continuously compounded on a project that will yield 6000 at the end of 212 years how
bank north advertises we pay 650 compounded daily bank south says we pay 650 compounded continuously if you deposit
bart wishes to tour the country with his friends to do this he is saving money for a busa how much money must bart
the ive been moved corporation receives a constant flow of funds from its worldwide operations this money in the form
a friend was left 50000 by his uncle he has decided to put it into a savings account for the next year or so he finds
jack deposited 500000 into a bank for 6 months at the end of that time he withdrew the money and received 520000 if the
ace zenovia bank and trust deposits 2567223 of excess capital in the federal reserve bank if the fed pays 4 interest
the us recently purchased 1 billion of 30-year zero-coupon bonds from a struggling foreign nation the bonds yield 412
the apex company sold a water softener to marty smith the price of the unit was 350 marty asked for a deferred payment
the local garbage company charges 6 a month for garbage collection it had been their practice to send out bills to
a man buys a car for 18000 with no money down he pays for the car in 30 equal monthly payments with interest at 12 per
a car may be purchased with a 3000 down payment now and 60 monthly payments of 480 if the interest rate is 12
a company deposits 2000 in a bank at the end of every year for 10 years the company makes no deposits during the
a city engineer knows that she will need 25 million in 3 years to replace toll booths on a toll road in the city
a student wants to have 30000 at graduation 4 years from now to buy a new car his grandfather gave him 10000 as a high
using linear interpolation determine the value of pa 612 10 from the compound interest tables compute this same value
how many months will it take to pay off a 525 debt with monthly payments of 15 at the end of each month if the interest
tori is planning to buy a car the maximum payment she can make is 3400 per year and she can get a car loan at her
contributed by hamed kashani saeid sadri and baabak ashuri georgia institute of technologya manufacturing firm spends
a student is buying a new car the cars price is 19500 the sales tax is 8 and the title license and registration fee is
brad will graduate next year when he begins working he plans to deposit 3000 at the end of each year into an ira