Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Math Posted 26 Jun 2018 My Price 7.00

BMW costing

Julio Jones buys a new BMW costing $32,000. After a $2,000 down payment, he agrees to make payments at the end of each month for 4 years. He pays 3% interest, compounded monthly. What is the amount of each payment? And how much interest does Julio pay at the end of 4 years.

2. Amanda plans on saving $30 every week and put the money into an account for her wedding in three years. The account pays 5% compound weekly. She plans on spending all the money in the account for the wedding. How much does her wedding cost?

3. Jose Perez borrowed $10,000 from his mother to start a taco shop. He repaid him after 4 years, with annual interest rate of 4%. Find the total amount he repaid. 

4. Tuition, fees, and housing of $5,500 is due when the Spring term of 2019 begins in 8 months. What amount should a student deposit today, at 5% compound monthly, to have enough to pay?

5. James and Katie Duvall are establishing a fund for their son's college education. What amount must they deposit at the end of each quarter in an account that gives 4% annual interest rate, compounded quarterly, in order for them to have $80,000 in the fund at the end of 8 yea

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Jun 2018 08:06 PM My Price 7.00

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