math 20 (finance)
Can someone walk me through how I would enter this into the calculator TMV solver. Can it be done? Jeremy has a balance owing of $4000 on his credit card. The credit-card company charges 18.0% annual interest, compounded monthly. 1.) If Jeremy makes payments of $300 every mont...
Jeremy has a balance owing of $4000 on his credit card. The credit-card company charges 18.0% annual interest, compounded monthly. 1.) If Jeremy makes payments of $300 every month, how much will he still owe after making 12 payments? 2.)Determine the monthly payment necessary ...
math 20 system of equations
I have been solving system of equations graphically and using addition and subtraction and now I'm being asked: Give any linear system of two equation that has a solution of (3,5). Does it have to be in y=mx+b form and if so how do I do it? I've been trying to find an ...
math 20 please check
Jacob is 25 yrs old and hopes to retire by 55. He invests $22,000 in an RRSP that earns a rate of 9.7% per annum, compounded quarterly. What will his investment be at age 55? A=P(1+i)^n 2200(1+.097/4)^120 =$390067 to get the 120 I did 55-25=30 then * by 4 cause its compounded ...
Math 20(interest rates)
Determine the amount of interest charged on a loan of $5000 at 6.75% per annum, compounded semi-annually for 3 years.
Mycocardial Ischemia (decreased blood supply to the heart) Penn Foster students: page 30, last paragraph (dont cheat)
I need to know how to find the fixed cost and the variable cost along with the break even point using this information. During the sixth month of the fiscal year, the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again re-compute fixed cost...
Chemistry Please help
Compare the chemical composition of biofuel and biogas to carbon dioxide which is the product of complete oxidation of glucose? Any help is greatly appreciated.
Investment X: You need $200 more to recoup your initial investment of $4000, which you can get from the third year cash flow of $3700. You only need the pro-rata amount, which will be $200/$3700 = 0.054 year Pay back period for X = 2.054 years Investment Y: You need only $2700...
college physcial science
an 8 kg ball rolling at 2m/s bumps into a pillow and stops in 0.5s. Show that the force exerted by the pillow is 32N. How mych force does the ball exert on the pillow?