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29 cze 2024 · Study with Quizlet and memorize flashcards containing terms like Mitchell has decided to use a credit card to buy a new gaming system. The price of the item with tax is $318. If he makes the minimum payment of $15 each month, it will take him 26 months to pay off the debt at an 18% interest rate.
18 godz. temu · With a 15-year call, there are only 30 semiannual interest payment periods, not 50. The present value is $1,300 and the future value is $1,080; the reverse of the numbers indicated in the answer choices. U13LO10
18 godz. temu · Bob is hesitant to take out a cash advance on his credit card knowing that it will take him 12 months to pay of the balance and that a cash advance comes with a 30% interest rate. If Bob uses a cash advance to pay for the repairs, how much extra will he have to pay in interest?
18 godz. temu · Complete the table, for the following investments, which shows the performance (interest and balance) over a 5-year period. Suzanne deposits $4000 in an account that earns simple interest at an annual rate of 2.6 %.
18 godz. temu · Your uncle lends you $2,000 less $100 (interest at 5 percent), and you receive $1,900. The loan is for one year and will be repaid in one lump sum at the end of the year. Use the APR formula to find the true annual percentage rate. (Enter your answer as a percent rounded to 3 decimal places.)
18 godz. temu · Round your answer to 4 decimal places (e.g., 32.1616).) 126.51/3.30 = 38.3364. Study with Quizlet and memorize flashcards containing terms like A trader in Switzerland just agreed to trade Swiss francs for British pounds based on today's exchange rate. The trade is expected to settle tomorrow.
The study includes only healthy research subjects. - b. The study involves no more than minimal risk and meets one of the allowable categories of expedited review specified by the federal government. - c. The study is required for a student research project. - d. The study does not require written consent. b.
