Friday

July 25, 2014

July 25, 2014

Total # Posts: 6

**ALGEBRA**

Find the ending balance in an account that opens with $5,000, earns 7.5% interest compounded quarterly, and is held for 20 years. (Round your answer to the nearest cent.)

**ALGEBRA**

A student is asked to answer 7 out of 11 questions on an exam. In how many ways can she select the questions to be answered?

**ALGEBRA**

If the principal P = $700, the rate r = 6 1 2 %, and time t = 1 year, find the following. (a) What is the amount of interest? $ (b) What is the future value?

**ALGEBRA**

Determine the down payment and the amount to be financed for each home described below. (a) $340,340; 10% down The down payment is $ The amount to be financed is $ (b) $870,000; 20% down The down payment is $ The amount to be financed is $

**ALGEBRA**

A student is asked to answer 7 out of 13 questions on an exam. In how many ways can she select the questions to be answered?

**ALGEBRA**

Find the ending balance in an account that opens with $5,000, earns 7.5% interest compounded quarterly, and is held for 20 years. (Round your answer to the nearest cent.)

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