Math

Could somebody please help me with a few Math questions?

1. Provide an appropriate response.

True or False? 100.567 is between 10 and 100.


2. Use an annual percentage rate table to solve the problem.

A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.

A) Total finance charge = $3478.40; Monthly payment = $541.07
B) Total finance charge = $3232.00; Monthly payment = $645.33
C) Total finance charge = $1654.40; Monthly payment = $490.40
D) Total finance charge = $1523.20; Monthly payment = $486.76


3. Solve.

Determine the total payment over the term of a student loan of $53,568 at a fixed APR of 8% for 16 years.

A) $95,129.06
B) $95,206.95
C) $95,160.22
D) $95,106.79

4. Solve the problem. Round to the nearest cent.

Bob deposits $5000 at the end of each year in an ordinary annuity paying 12% interest compounded annually. Find the amount he will have on deposit after 8 years.

A) $61,498.47
B) $50,445.06
C) $56,498.47
D) $73,878.28


5. Solve the problem. Round to the nearest cent.

Sandra deposits $3000 in an ordinary annuity at the end of each semiannual period at 8% interest compounded semiannually. Find the amount she will have on deposit after 17 years.

A) $195,628.58
B) $206,573.73
C) $109,350.73
D) $209,573.73


6. Solve the problem. Round to the nearest cent.

Joan wants to have $250,000 when she retires in 27 years. How much should she invest annually in her annuity to do this if the interest is 7% compounded annually?

A) $1861.10
B) $3356.43
C) $2672.15
D) $937.86


7. Find the correlation coefficient for the given data.

The scores of 10 students on their midterm exam (x) and on their final (y) yielded the following data.

Σx = 638 Σx2 = 43,572
Σy = 690 Σy2 = 49,014
Σxy = 44,636

A) 0.214
B) 0.164
C) 0.547
D) 0.306

  1. 0
  2. 0
  3. 39
asked by Felicity
  1. aaaaaaa

    1. 0
    2. 0
    posted by sew
  2. Go look at your textbook, it is not honest, or beneficial to you to just ask for the answers to your homework problems

    1. 0
    2. 0
    posted by teacher
  3. 2. Use an annual percentage rate table to solve the problem.

    A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months with an APR of Determine the total finance charge and monthly payment for the loan.

    A) Total finance charge = $3478.40; Monthly payment = $541.07
    B) Total finance charge = $3232.00; Monthly payment = $645.33
    C) Total finance charge = $1654.40; Monthly payment = $490.40
    D) Total finance charge = $1523.20; Monthly payment = $486.76

    1. 0
    2. 0
    posted by Anonymous
  4. Where is the answer?

    1. 0
    2. 0
    posted by Nanette

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