In Problems 15-18, calculate the amount of simple interest earned. ($ 1,000) at (14 %) for 30
Question:
In Problems 15-18, calculate the amount of simple interest earned.
\(\$ 1,000\) at \(14 \%\) for 30 years
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Simple interest is calculated with the formula I PRT wher...View the full answer
Answered By
Diane Joyce Pastorin
Please accept my enthusiastic application to solutioninn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group.
4.60+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Sciences questions
-
In September 2015, the United States Environmental Protection Agency (EPA) released a notice of violation of the Clean Air Act to the German automaker Volkswagen Group. The agency reported that...
-
Steve Drake sells a rental house on January 1, 2012, and receives $130,000 cash and a note for $55,000 at 10 percent interest. The purchaser also assumes the mortgage on the property of $45,000....
-
Summit invested $5561 at 1.7% p.a. Calculate the amount of simple interest earned for 5 months. 2. Juliana invested $1350 at a rate of 4.50% p.a. simple interest. How many COMPLETE days will it tak1....
-
Solve Problem using augmented matrix methods. Use a graphing calculator to perform the row operations 5.7x1 - 8.55x2 = -35.91 4.5x1 +5.73x2 = 76.17
-
When gas expands in a cylinder with radius r, the pressure at any given time is a function of the volume: P = P(V) . The force exerted by the gas on the piston (see the figure) is the product of the...
-
Solve the indicated equations graphically. Assume all data are accurate to two significant digits unless greater accuracy is given. The length of a rectangular solar panel is 32 in. more than its...
-
The 2015 annual report of the Procter & Gamble Company (P&G) is available at www.pginvestor.com. After reviewing P&Gs annual report, respond to the following questions: a. When does P&G recognize...
-
4-variance analysis find the unknowns. Consider each of the following situationscases A, B, and Cindependently. Data refer to operations for April 2009. For each situation, assume standard costing....
-
Click here to read the eBook: Basic Definitions Click here to read the eBook: The Cost of Retained Earnings, rs WACC AND PERCENTAGE OF DEBT FINANCING Hook Industries's capital structure consists...
-
In Problems 19-24, find the future value, using the future value formula and a calculator. \(\$ 350\) at \(4 \frac{3}{4} \%\) simple interest for 2 years
-
In Problems 15-18, calculate the amount of simple interest earned. \(\$ 2,000\) at \(12 \%\) for 5 years
-
Assume that the first gh sound in ghghgh is pronounced as in hiccough, the second gh as in Edinburgh, and the third gh as in laugh. How should the word ghghgh be pronounced?
-
6. Suppose the index model for stocks 1 and 2 has the following results R = 2% +0.8RM + e, R = -1% + 1.1 RM + 2, M = 20%. The standard deviations of e, and e are 20% and 25% respectively. (1)...
-
2. Janice consumes two goods, X and Y. Janice has a utility function given by the expression: U = 4X0.5y0.5 The current prices of X and Y are $25 and $50, respectively. Janice currently has an income...
-
1. Consider the case of European IBM call and put options that have exercise price of $115 and expire in two months. The price of the call is $3, and the price of the put is $6. Assume IBM is...
-
2. Consider a market with only two risky stocks, A and B, and one risk-free asset. We have the following information about the stocks. Stock A Stock B Number of shares in the market Price per share...
-
2. 11 10 9 8+ 7 6 5 3- 1+ Consider the below figure: 13 $1 DI 5 10 15 20 25 30 35 40 45 50 9 (a) If the price increases from $5 to $6, how does the quantity demanded change? (1 point) (b) The...
-
Assume a fixed cost of $ 900, a variable cost of $ 4.50, and a selling price of $ 5.50. a. What is the break- even point? b. How many units must be sold to make a profit of $ 500.00? c. How many...
-
Controls can be identified based on their function. The functions are preventive, detective, and corrective. A. True B. False
-
As they fly, honeybees may acquire electric charges of about 180 pC. Electric forces between charged honeybees and spider webs can make the bees more vulnerable to capture by spiders. How many...
-
The electron and proton in a hydrogen atom are 52.9 pm apart. Find the magnitude of the electric force between them.
-
An electron at Earths surface experiences a gravitational force m e g.How far away can a proton be and still produce the same force on the electron? (Your answer should show why gravity is...
-
Art Jones sold a put option on British pounds for AUD 0.0346 per unit. The strike price was AUD 2.0149 and the spot rate at the time the option was exercised was AUD 1.9873. Assume Art did not obtain...
-
Compute the Payback statistic for the following project and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 11...
-
Bank A offers a savings account with an annual quoted rate of 3 % compounded 2 4 times per annum. Bank B ' s software is limited to semi - annual compounding. What quoted rate does Bank B have to...
Study smarter with the SolutionInn App