How much to the nearest cent should you pay for a note that


1) If $20,000is invested at 7% compunded

a) annually

b) Weekly

C) What is the amount after 6 years?

2) How much should you invest now at 10% compounded quarterly to have $19,000 toward the purchase of a car in 4 years?

3) If you earn an annual rate of 10% on your investments, how much (to the nearest cent) should you pay for a note that will be worth $5,000 in 9 months?

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Financial Management: How much to the nearest cent should you pay for a note that
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