ComputerScienceExpert

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About ComputerScienceExpert

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Applied Sciences,Calculus See all
Applied Sciences,Calculus,Chemistry,Computer Science,Environmental science,Information Systems,Science Hide all
Teaching Since: Apr 2017
Last Sign in: 103 Weeks Ago, 3 Days Ago
Questions Answered: 4870
Tutorials Posted: 4863

Education

  • MBA IT, Mater in Science and Technology
    Devry
    Jul-1996 - Jul-2000

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  • Professor
    Devry University
    Mar-2010 - Oct-2016

Category > Math Posted 20 Apr 2017 My Price 8.00

Mary owes June $800

Hi, 

You recently helped with a quiz but I do not understand the format you sent it in or maybe I'm not reading it right. I resent the document in a Word document so you can type on it so I can understand what you were intending to write.

 

Thank You

 

 

Quiz 1
1.Mary owes June $800, and wants to pay her off. She decides to borrow the
amount from her bank at a discount rate of 12%. If she borrows the money for 10
months, find the amount of the loan she should ask for so that her proceeds are
$800?
2. Lydia's aunt Rose left her $4,000. Lydia spent $1,000 on her wardrobe and
deposited the rest in an account that pays 8.9% compounded daily. How much
money will she have in 5 years?
3.At the end of each month Rita deposits $600 in an account that pays 4%
compounded monthly. What will the final amount be in 3 years?
4.The Gomez family bought a house for $250,000. They paid 15
% down and amortized the rest at 11.2% over a 30-year period. Find their monthly
payment.
5.Mr. Smith is planning to retire in 30 years and would like to have $3
50,000 then. What monthly payment made at the end of each month to an account
that pays 7.5% compounded monthly will achieve his objective?

Attachments:

Answers

(11)
Status NEW Posted 20 Apr 2017 01:04 AM My Price 8.00

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Attachments

file 1492652502-Solutions file 2.docx preview (51 words )
H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- Th-----------ank----------- yo-----------u f-----------or -----------you-----------r i-----------nte-----------res-----------t a-----------nd -----------buy-----------ing----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n. -----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- qu-----------ick-----------ly -----------onl-----------ine----------- an-----------d g-----------ive----------- yo-----------u e-----------xac-----------t f-----------ile----------- an-----------d t-----------he -----------sam-----------e f-----------ile----------- is----------- al-----------so -----------sen-----------t t-----------o y-----------our----------- em-----------ail----------- th-----------at -----------is -----------reg-----------ist-----------ere-----------d o-----------n -----------THI-----------S W-----------EBS-----------ITE-----------. ----------- Th-----------ank----------- yo-----------u -----------
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