A person wishes to have $15,000 cash for a new car 5 years from now. How much
Question:
A person wishes to have $15,000 cash for a new car 5 years from now. How much should be placed in an account now, if the account pays 6.75% compounded weekly? Compute the answer to the nearest dollar.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Please use this method Periods N 5 years times 52 weeks 260 periods Inte...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
Students also viewed these Mathematics questions
-
How much should be invested now at 9.75% compounded monthly to have $44,000 in 5 years?
-
A person wishes to mix coffee worth $12 per lb. with coffee worth $6 per lb. to get 90 lb. of a mixture worth $8 per lb. How many pounds of the $12 and the $6 coffees will be needed?
-
What will a $90,000 condominium cost 5 years from now if the price appreciation for condos over that period averages 3% compounded annually?
-
What is true of a balance sheet? Question 6Answer a. The equation used in a balance sheet is Assets = Liabilities + Net Assets b. The equation used in a balance sheet is Assets = Net Assets =...
-
Using Exhibit 2, compute the percentage change in prices between (a) 1966 and 1969, (b) 1976 and 1986, and (c) 1990 and 1999.
-
In a joint process, Sylvia's Styles produces precut fabrics for three products: dresses, jackets, and blouses. Joint cost is allocated on the basis of relative sales value at split-off. The company...
-
The probability that a wafer contains a large particle of contamination is 0.01. If it is assumed that the wafers are independent, what is the probability that exactly 125 wafers need to be analyzed...
-
In 2013, Lisa Perry opened Lisas Jeans Company, a small store that sold designer jeans in a suburban mall. Perry worked 14 hours a day and controlled all aspects of the operation. The company was...
-
The following is information for Palmer Company. Year 3 Year 2 Year 1 Cost of goods sold $ 6 3 8 , 8 2 5 $ 4 2 1 , 6 5 0 $ 3 8 6 , 3 0 0 Ending inventory 9 6 , 9 0 0 8 7 , 2 5 0 9 2 , 0 0 0 Use the...
-
It is desired to set up a central station for simultaneous monitoring of the electrocardiograms (ECGS) of 10hospital patients. The data from the 10patients are broughtto a processing center over...
-
In Problem does the equation specify a function with independent variable x? If so, find the domain of the function. If not, find a value of x to which there corresponds more than one value of y. x(x...
-
In Problem does the equation specify a function with independent variable x? If so, find the domain of the function. If not, find a value of x to which there corresponds more than one value of y. 6x...
-
Your Task. Prepare four worksheets that inventory your qualifications in these areas: employment; education; capabilities and skills; and awards, honors, and activities. Use active verbs when...
-
Can you identify ten global products?
-
What determines the bargaining range of a negotiation?
-
What are the different types of local partner in joint ventures for market entry?
-
According to the theory of efficiency wages, a. firms may find it profitable to pay aboveequilibrium wages. b. an excess supply of labor puts downward pressure on wages. c. sectoral shifts are the...
-
Using the numbers in the preceding question, what is the size of Ectenias labor force? a. 50 b. 60 c. 70 d. 80
-
Reincarnation Bicycle Company manufactures commuter bicycles from recycled materials. The following data for April of the current year are available: Quantity of direct labor used...
-
Use the T account for Cash below to record the portion of each of the following transactions, if any that affect cash. How do these transactions affect the companys liquidity? Jan. 2 Provided...
-
Find x in Problems 4350. logbx = logb 4-log, 8 + 2log 2
-
Find x in Problems 4350. logbx = logb 4-log, 8 + 2log 2
-
Graph each function in Problems 4346 over the indicated interval. h(x) = x(2); [-5,0]
-
1) Explain how a Preschool program can help to bring a sense of belonging for the child? 2) It is important for a program to provide physical environments that are age-appropriate and that support...
-
Your company decided to organize a special dinner to appreciate all the employees and it has been proposed that the dinner to be held in the middle of December 2021. You have been appointed as the...
-
Select a two-dimensional image to analyze that is either a work of art (photograph, illustration, or painting) or an advertisement. What is the FTC analysis?Use the FTC palette to break down the...
Study smarter with the SolutionInn App