Posted by **math i have a few questions.hepl pls ty** on Tuesday, March 15, 2011 at 12:45am.

1.) an account invested in a month market fund grew from $67,081.20 to $67,359.39 in a month. What was the interest rate, to the nearest tenth?

2.)you are due a tax refund of $760. your tax preparer offers you a no-interest loan to be repaid by your refund check, which will arrive in four weeks. she charges a $60 fee for this service. what actual interest rate will you pay for this loan?

3.)Let y base 1 be the future value after t years of $100 invested at 8% annual simple interest. let y base 2 be the future value after t years of $200 invested at 3% annual simple interest.

a.) think of y base 1 and y base 2 as functions of t and write the rules of these functions.

b.) without graphing, describe the graphs of y base 1 and y base 2.

## Answer this Question

## Related Questions

- math - An account invested in a money market fund grew from $67,081.2 to $67,359...
- math - If you place $2,000.00 in a savings account with an interest rate of 4.5...
- math115 - Steve was charged $75.00 interest for 1 month on a $3,000 credit card ...
- buissness math - Determine the amount of interest charged on S. Carter's account...
- math - in the month of May, ronald earned $4.36 in interest on his saving ...
- help - The interest rate on a second mortgage was5 7/8 % last month. This month ...
- Math - If you place $1000 in a savings account with an interest rate of 5.25% a ...
- Math, ASAP Please - If you place $1,000.00 in a savings account with an interest...
- finite math - Carlos invested $6,000 in a money market mutual fund that pays ...
- math - diane works at a public university and contributes $625 per month in her ...

More Related Questions