Question: Question 44 (2 points) If your friend will borrow $44,459 from you at a simple interest rate of 13% for 21 year(s) the interest he

interest he will owe is (Round to 2 Decimal Places): Your Answer:

Question 44 (2 points) If your friend will borrow $44,459 from you at a simple interest rate of 13% for 21 year(s) the interest he will owe is (Round to 2 Decimal Places): Your Answer: Answer Question 45 (2 points) If you borrow $56,599 at a simple interest rate of 9% for 15 year(s) the total amount you will owe is (round answer to 2 decimal places): Your Answer: Answer Question 46 (5 points) If your friend will invest $1,598 at an interest rate of 7% for 32 year(s) how much will she have when the investment matures. Round answer to the nearest penny. Your

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Using the letters below , classify the following accounts according to the preferred and ordinary Balance Sheet presentation by matching the letter to the description. The company's year-end is...

Question 44 (2 points) If your friend will borrow $89,105 from you at a simple interest rate of 7% for 34 year(s) the interest he will owe is (Round to 2 Decimal Places): Your Answer: Answer Question...

Question 44 (2 points) If your friend will borrow $44,459 from you at a simple interest rate of 13% for 21 year(s) the interest he will owe is (Round to 2 Decimal Places): Your

Question 1 (2 points) If your friend will borrow $96,014 from you at a simple interest rate of 5% for 1 year(s) the interest he will owe is (Round to 2 Decimal Plaes): Your Answer: Answer Question 2...

Question 1 (2 points) If your friend will borrow $37,383 from you at a simple interest rate of 14% for 28 year(s) the interest he will owe is (Round to 2 Decimal Places): Your

Do questions 19, 23,27 In Exercises 1520, the principal P is borrowed and the loan's future value, A, at time t is given. Determinethe Joan's simple interest rate, r, to the nearest tenth oft:...

Object 1 WebAssign Welcome, jeremy.guillory@grandcanyon (log out) Friday, November 18 2016 03:11 AM MST Home My Assignments Grades Communication Calendar My eBooks My Ebooks Introduction to the...

1. The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r to the nearest tenth of a percent. P=2000.00 A=2042.50 t=3 months 2. A...

Can i get help with my practice exam? I wanna compare it to mine but i have nobody to do it with. Practice quiz for final Question 1 (2 points) What are the two main goals of estate planning?...

Paul is a fine arts graduate, who has several years' experience working on games graphics. Recently he has been made redundant, mainly due to the financial difficulty facing his company in the...

Calculate Ey1 and Ey2, and establish an inequality between them. x1-xn be a random sample from n(0,1) population. u1 = 1/n Ei|and1= |1/2ig2=1/nEleil

Oil production. Assume that the rate in Problem 73 is found to be (A) When is the rate of production greatest? (B) How many barrels of oil Q(t)will the field produce in the first t years if Q(0)=0?...

The earnings in Section 5 2 9 Savings Plans: QID: 3 5 6 9 7 5 5 Mark For Review AAre taxable in the year in which they are earned BAccumulate on a tax - deferred basis as long as the money stays in...

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...