Question: In the year 2 0 0 0 , 4 % of the Hispanic population in the U . S . was Cuban - American. The

In the year 2000,4% of the Hispanic population in the U.S. was Cuban-American. The total number of Cuban-Americans was 1,242,000. What was the Hispanic population in the U.S.?(31,050,000)
You are a businessperson entertaining two clients at dinner and charging the cost to your company. When you see the amount on the bill, $258, you add a generous 25% tip, How much is your tip? (64.5)
When a man's granddaughter is born, he deposits $2500 in her name into an account which earns 7% annual interest, with quarterly compounding (that is, an interest payment four times each year). No other deposits or withdrawals are made. How much will be in the account on the granddaughter's 21st birthday? What will be the total interest earned? (10735.72 compound interest)
An account earns interest at a stated annual rate of 8.4%, with monthly compounding. An investor wants $10,000 in that account six years from now as a result of making one single deposit today. How much does she have to deposit to attain that goal? (16524.26 compound interest)
Bobby has $4000 to invest. His local branch of Comrades' Bank offers two investment accounts. The first one is the compounding interest rate of 6.4% with quarterly compounding (interest is compounded four times per year) for 7 years. Second is the simple interest rate of 7% for 7 years. What account should he choose? What would be the interests for both accounts? (6238.55 with compound interest; 5960 with simple interest)
Big Ed is planning for his retirement. Together, he and his employer contribute $475 per month to an investment account. That account earns interest at an annual rate of 7.8%, with monthly compounding. How much is in the account at the end of 41 years? (1,697,682.8 annuity)
Danielle plans on purchasing a new house for its listed price of $210,000. She makes a down payment of $20,000 and borrows the rest of the money she needs at an annual rate of 8.1%, with monthly compounding. If she obtains a 30-year loan, find her monthly payment. How much interest will she pay in 30 years? (1407.42 installment payment; Interset=316671.42)
Suppose Danielle pays extra each month to pay the loan off in equal installments over 20 years instead of 30. Find her monthly payment, and find out how much money she saves over the course of the loan. (122411.93)
In the year 2 0 0 0 , 4 % of the Hispanic

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