Joe borrowed 8000 dollars on a one year note at 13 percent how much will joe owe when the note comes due
🔄 Click to see definition
Definition1/16
9040
🔄 Click to see term
Term1/16
1000 dollars in a savings account pays 7 percent interest per year The interest earned after the first year is added to the account How much interest is earned on the new principal the following year
🔄 Click to see definition
Definition1/16
$74.90
🔄 Click to see term
Term1/16
Jackie invested 12000 in a certificate of deposit at 6 percent She also put 3000 in a savings account at 3 percent How much interest will she earn after one year
🔄 Click to see definition
Definition1/16
$810
🔄 Click to see term
Term1/16
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent
🔄 Click to see definition
Definition1/16
3 months
🔄 Click to see term
Term1/16
How much money should be invested at an annual rate of 12 percent in order to earn 300 interest in a year
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Definition1/16
2500
🔄 Click to see term
Term1/16
Six hundred dollars is borrowed at an interest rate of 1.4 percent per month Find the interest for a 30-month period
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Definition1/16
252
🔄 Click to see term
Term1/16
Mary bought a red convertible for 14000 She paid 1000 down and borrowed the rest on a one year note at 15 percent interest How much will she owe at the end of one year
🔄 Click to see definition
Definition1/16
"14,950" or "14,950.00" or "14950" or "14950.00"
🔄 Click to see term
Term1/16
If Marty maintains an average balance of 3500 dollars on a credit card that he uses only for necessary purchases and the bank charges 19.9 percent interest how much interest will he pay
🔄 Click to see definition
Definition1/16
He pays $696.50 interest.
🔄 Click to see term
Term1/16
Linda received a credit card through the mail The interest rate charged by the credit card company is 24.9 percent If she maintains an average balance of 2400 owed on the card how much will she have
🔄 Click to see definition
Definition1/16
$597.60
🔄 Click to see term
Term1/16
If you needed to use powdered copper II sulfate in an experiment and were only supplied with clumps of copper II sulfate which tool would you need to convert the copper sulfate to usable form
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Definition1/16
mortar and pestle
🔄 Click to see term
Term1/16
Thomas charged 2400 on his credit card to buy furniture The interest rate charged by the credit card company is 24.9 percent after one month the minimum payment on the debt is 50 How much will he
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Definition1/16
2400 x .249 % is 597.6.
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Term1/16
Franklin has 2500 in a savings account that pays interest at the rate of 4 percent annually. How much interest will he earn after one year
🔄 Click to see definition
Definition1/16
4% of 2500 = 2500*4/100 = 100
Assuming there is no compounding - The above calculation is
appropriate and 100 is the interest earned by Franklin at the end
of one year.
There are banks that offer quarterly or half yearly compounding
wherein, the interest earned in the first quarter would be
considered as principal in the second quarter. In that case, the
calculation would vary.
In the UK the quoted rate must be the annual equivalent rate
which takes any compounding into account. So 4 percent annually (as
stated in the question), could be 1.98% every six months, or
0.3274% every month. But at the end of one year the compounded
interest must be 4%. Other countries will have different
regulations.
🔄 Click to see term
Term1/16
What sets of numbers is not a subset of the real numbers
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Definition1/16
The complex numbers.
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Term1/16
What type of jewelry should not be worn
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Definition1/16
Jewelry that is uncomfortable or jewelry that you make have an
allergic reaction to should not be worn.
🔄 Click to see term
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Cards in this guide (16)
Please Evaluate this algebra expression -4 -3
-2-3=+7
What body of water is bordered by Ukraine
the black sea black sea
Joe borrowed 8000 dollars on a one year note at 13 percent how much will joe owe when the note comes due
9040
1000 dollars in a savings account pays 7 percent interest per year The interest earned after the first year is added to the account How much interest is earned on the new principal the following year
$74.90
Jackie invested 12000 in a certificate of deposit at 6 percent She also put 3000 in a savings account at 3 percent How much interest will she earn after one year
$810
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent
3 months
How much money should be invested at an annual rate of 12 percent in order to earn 300 interest in a year
2500
Six hundred dollars is borrowed at an interest rate of 1.4 percent per month Find the interest for a 30-month period
252
Mary bought a red convertible for 14000 She paid 1000 down and borrowed the rest on a one year note at 15 percent interest How much will she owe at the end of one year
"14,950" or "14,950.00" or "14950" or "14950.00"
If Marty maintains an average balance of 3500 dollars on a credit card that he uses only for necessary purchases and the bank charges 19.9 percent interest how much interest will he pay
He pays $696.50 interest.
Linda received a credit card through the mail The interest rate charged by the credit card company is 24.9 percent If she maintains an average balance of 2400 owed on the card how much will she have
$597.60
If you needed to use powdered copper II sulfate in an experiment and were only supplied with clumps of copper II sulfate which tool would you need to convert the copper sulfate to usable form
mortar and pestle
Thomas charged 2400 on his credit card to buy furniture The interest rate charged by the credit card company is 24.9 percent after one month the minimum payment on the debt is 50 How much will he
2400 x .249 % is 597.6.
Franklin has 2500 in a savings account that pays interest at the rate of 4 percent annually. How much interest will he earn after one year
4% of 2500 = 2500*4/100 = 100
Assuming there is no compounding - The above calculation is
appropriate and 100 is the interest earned by Franklin at the end
of one year.
There are banks that offer quarterly or half yearly compounding
wherein, the interest earned in the first quarter would be
considered as principal in the second quarter. In that case, the
calculation would vary.
In the UK the quoted rate must be the annual equivalent rate
which takes any compounding into account. So 4 percent annually (as
stated in the question), could be 1.98% every six months, or
0.3274% every month. But at the end of one year the compounded
interest must be 4%. Other countries will have different
regulations.
What sets of numbers is not a subset of the real numbers
The complex numbers.
What type of jewelry should not be worn
Jewelry that is uncomfortable or jewelry that you make have an
allergic reaction to should not be worn.