QuickHelper

(10)

$20/per page/

About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 5 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Engineering Posted 15 Sep 2017 My Price 15.00

critical thinking 3 math, math

Question #1 – Compound Interest

Jessica needs $7,500 to pay for a new boat. She invested $5,500 of her own cash into an account paying 7.5% interest compounded quarterly. How many years will be required to earn the $2,000 in interest that she needs?

Question #2 – Annuity Earnings
Paul is saving money in an annuity and is earning 5% annual interest compounded annually. If he deposits $2,500 in the account each year for 10 years, what will the future value of his account equal? How much interest will he have earned?

Question #3 – Mortgage Finances
Dee and Todd purchased a summer getaway in northern Wisconsin. Dee’s father agreed to finance the purchase with a 2% annual rate, 30-year mortgage. This resulted in a mortgage payment of $772.50/month. Calculate the amount of money the couple borrowed and the amount of interest they will pay over the life of the loan.

Requirements:

  • Show all your work so that it can be clearly seen how you solved the problem.
  • Make sure your final answer is clear and visible.

Answers

QuickHelper
(10)
Status NEW Posted 15 Sep 2017 04:09 PM My Price 15.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)