Unit 5 Lab Homework - MM25 X P Do Homework - Unit 5 Lab Hor X P Do Homework - Unit 4 Lab Hor X Lab 114 Unit 5 Homework - Exe X Course Hero C ^ mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=648953094&questionld=1&flushed=false&cld=7387104&back=DoAssignments.as... MM255 Business Math and Statistical Measures Jay Hatcher 05/20/23 5:22 AM Homework: Unit 5 Lab Homework Question 16, 13.2.11 HW Score: 0%, 0 of 40 points O Points: 0 of 2 Save Dewey Sykes plans to open a business in eight years when he retires. How much must he invest today to have $6,000 when he retires if the bank pays 3% annually, compounded semiannually? Question list K Click the icon to view the present value of $1.00 table. O Question 8 Dewey Sykes must invest $ . (Round to the nearest cent as needed.) Question 9 - X Present Value of $1.00 Question 10 Rate per period O Question 11 Periods 0.5% 1% 1.5% 2% 2.5% 3% 4% 5% 6% 8% 10% 12% 0.99502 0.99010 0.98522 0.98039 0.97561 0.97087 0.96154 0.95238 0.94340 0.92593 0.90909 0.89286 0.99007 0.98030 0.97066 0.96117 0.95181 0.94260 0.92456 0.90703 0.89000 0.85734 0.82645 0.79719 0.98515 0.97059 0.95632 0.94232 0.92860 0.91514 0.88900 0.86384 0.83962 0.79383 0.75131 0.71178 Question 12 0.98025 0.96098 0.94218 0.92385 0.90595 0.88849 0.85480 0.82270 0.79209 0.73503 0.68301 0.63552 0.97537 0.95147 0.92826 0.90573 0.88385 0.86261 0.82193 0.78353 0.74726 0.68058 0.62092 0.56743 0.97052 0.94205 0.91454 0.88797 0.86230 0.83748 0.79031 0.74622 0.70496 0.63017 0.56447 0.50663 0.96569 0.93272 0.90103 0.87056 0.84127 0.81309 0.75992 0.71068 0.66506 0.58349 0.51316 0.45235 W N - 3 6 0 V O MI A W N - O Question 13 0.96089 0.92348 0.88771 0.85349 0.82075 0.78941 0.73069 0.67684 0.62741 0.54027 0.46651 0.40388 0.95610 0.91434 0.87459 0.83676 0.80073 0.76642 0.70259 0.64461 0.59190 0.50025 0.42410 0.36061 0.95135 0.90529 0.86167 0.82035 0.78120 0.74409 0.67556 0.61391 0.55839 0.46319 0.38554 0.32197 0.94661 0.89632 0.84893 0.80426 0.76214 0.72242 0.64958 0.58468 0.52679 0.42888 0.35049 0.28748 O Question 14 0.94191 0.88745 0.83639 0.78849 0.74356 0.70138 0.62460 0.55684 0.49697 0.39711 0.31863 0.25668 0.93722 0.87866 0.82403 0.77303 0.72542 0.68095 0.60057 0.53032 0.46884 0.36770 0.28966 0.22917 14 0.93256 0.86996 0.81185 0.75788 0.70773 0.66112 0.57748 0.50507 0.44230 0.34046 0.26333 0.20462 15 0.92792 0.86135 0.79985 0.74301 0.69047 0.64186 0.55526 0.48102 0.41727 0.31524 0.23939 0.18270 O Question 15 16 0.92330 0.85282 0.78803 0.72845 0.67362 0.62317 0.53391 0.45811 0.39365 0.29189 0.21763 0.16312 17 0.91871 0.84438 0.77639 0.71416 0.65720 0.60502 0.51337 0.43630 0.37136 0.27027 0.19784 0.14564 18 0.91414 0.83602 0.76491 0.70016 0.64117 0.58739 0.49363 0.41552 0.35034 0.25025 0.17986 0. 13004 19 0.90959 0.82774 0.75361 0.68643 0.62553 0.57029 0.47464 0.39573 0.33051 0.23171 0.16351 0.11611 Question 16 20 0.90506 0.81954 0.74247 0.67297 0.61027 0.55368 0.45639 0.37689 0.31180 0.21455 0.14864 0.10367 Help me solve this View an Clear all Check answer Print DoneUnit 5 Lab Homework - MM25 X P Do Homework - Unit 5 Lab Hor X P Do Homework - Unit 4 Lab Hor X Lab 114 Unit 5 Homework - Exe X Course Hero C ^ mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=648953094&questionld=1&flushed=false&cld=7387104&back=DoAssignments.as... MM255 Business Math and Statistical Measures Jay Hatcher 05/20/23 5:22 AM Homework: Unit 5 Lab Homework Question 15, 13.2.9 HW Score: 0%, 0 of 40 points O Points: 0 of 2 Save Question list K Rosa Burnett needs $7,000 in three years to make the down payment on a new car. How much must she invest today if she receives 0.5% interest annually, compounded annually? Click the icon to view the present value of $1.00 table. O Question 8 She must invest $ . (Round to the nearest cent as needed.) O Question 9 Present Value of $1.00 - X O Question 10 Rate per period Periods 0.5% 1% 1.5% 2% 2.5% 3% 4% 5% 6% 8% 10% 12% Question 11 0.99502 0.99010 0.98522 0.98039 0.97561 0.97087 0.96154 0.95238 0.94340 0.92593 0.90909 0.89286 0.99007 0.98030 0.97066 0.96117 0.95181 0.94260 0.92456 0.90703 0.89000 0.85734 0.82645 0.79719 0.98515 0.97059 0.95632 0.94232 0.92860 0.91514 0.88900 0.86384 0.83962 0.79383 0.75131 0.71178 0.98025 0.96098 0.94218 0.92385 0.90595 0.88849 0.85480 0.82270 0.79209 0.73503 0.68301 0.63552 O Question 12 0.97537 0.95147 0.92826 0.90573 0.88385 0.86261 0.82193 0.78353 0.74726 0.68058 0.62092 0.56743 OO OO VO U A W N - 0.97052 0.94205 0.91454 0.88797 0.86230 0.83748 0.79031 0.74622 0.70496 0.63017 0.56447 0.50663 0.96569 0.93272 0.90103 0.87056 0.84127 0.81309 0.75992 0.71068 0.66506 0.58349 0.51316 0.45235 0.96089 0.92348 0.88771 0.85349 0.82075 0.78941 0.73069 0.67684 0.62741 0.54027 0.46651 0.40388 O Question 13 0.95610 0.91434 0.87459 0.83676 0.80073 0.76642 0.70259 0.64461 0.59190 0.50025 0.42410 0.36061 0.95135 0.90529 0.86167 0.82035 0.78120 0.74409 0.67556 0.61391 0.55839 0.46319 0.38554 0.32197 11 0.94661 0.89632 0.84893 0.80426 0.76214 0.72242 0.64958 0.58468 0.52679 0.42888 0.35049 0.28748 12 0.94191 0.88745 0.83639 0.78849 0.74356 0.70138 0.62460 0.55684 0.49697 0.39711 0.31863 0.25668 Question 14 13 0.93722 0.87866 0.82403 0.77303 0.72542 0.68095 0.60057 0.53032 0.46884 0.36770 0.28966 0.22917 14 0.93256 0.86996 0.81185 0.75788 0.70773 0.66112 0.57748 0.50507 0.44230 0.34046 0.26333 0.20462 15 0.92792 0.86135 0.79985 0.74301 0.69047 0.64186 0.55526 0.48102 0.41727 0.31524 0.23939 0.18270 16 0.92330 0.85282 0.78803 0.72845 0.67362 0.62317 0.53391 0.45811 0.39365 0.29189 0.21763 0.16312 O Question 15 17 0.91871 0.84438 0.77639 0.71416 0.65720 0.60502 0.51337 0.43630 0.37136 0.27027 0.19784 0.14564 18 0.91414 0.83602 0.76491 0.70016 0.64117 0.58739 0.49363 0.41552 0.35034 0.25025 0. 17986 0.13004 19 0.90959 0.82774 0.75361 0.68643 0.62553 0.57029 0.47464 0.39573 0.33051 0.23171 0.16351 0.11611 20 0.90506 0.81954 0.74247 0.67297 0.61027 0.55368 0.45639 0.37689 0.31180 0.21455 0.14864 0.10367 Question 16 Help me solve this View an ex Print Done lear all Check answerUnit 5 Lab Homework - MM25 X P Do Homework - Unit 5 Lab Hor X P Do Homework - Unit 4 Lab Hor X Lab 114 Unit 5 Homework - Exe X Course Hero C ^ mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=648953094&questionld=1&flushed=false&cld=7387104&back=DoAssignments.as... MM255 Business Math and Statistical Measures Jay Hatcher 05/20/23 5:22 AM Homework: Unit 5 Lab Homework Question 14, 13.2.3 HW Score: 0%, 0 of 40 points O Points: 0 of 2 Save Find the amount that should be set aside today to yield the desired future amount. Question list K Future amount Interest Compounding Investment needed rate period time O Question 8 $6,000 10% semiannually 2 years Click the icon to view the present value of $1.00 table. O Question 9 The present value is $ . (Round to the nearest cent as needed.) O Question 10 - X Present Value of $1.00 Question 11 Rate per period Periods 0.5% 1% 1.5% 2% 2.5% 3% 4% 5% 6% 8% 10% 12% O Question 12 0.99502 0.99010 0.98522 0.98039 0.97561 0.97087 0.96154 0.95238 0.94340 0.92593 0.90909 0.89286 0.99007 0.98030 0.97066 0.96117 0.95181 0.94260 0.92456 0.90703 0.89000 0.85734 0.82645 0.79719 0.98515 0.97059 0.95632 0.94232 0.92860 0.91514 0.88900 0.86384 0.83962 0.79383 0.75131 0.71178 0.98025 0.96098 0.94218 0.92385 0.90595 0.88849 0.85480 0.82270 0.79209 0.73503 0.68301 0.63552 O Question 13 0.97537 0.95147 0.92826 0.90573 0.88385 0.86261 0.82193 0.78353 0.74726 0.68058 0.62092 0.56743 5 0 VOUIA WON 0.97052 0.94205 0.91454 0.88797 0.86230 0.83748 0.79031 0.74622 0.70496 0.63017 0.56447 0.50663 0.96569 0.93272 0.90103 0.87056 0.84127 0.81309 0.75992 0.71068 0.66506 0.58349 0.51316 0.45235 0.96089 0.92348 0.88771 0.85349 0.82075 0.78941 0.73069 0.67684 0.62741 0.54027 0.46651 0.40388 O Question 14 0.95610 0.91434 0.87459 0.83676 0.80073 0.76642 0.70259 0.64461 0.59190 0.50025 0.42410 0.36061 0.95135 0.90529 0.86167 0.82035 0.78120 0.74409 0.67556 0.61391 0.55839 0.46319 0.38554 0.32197 11 0.94661 0.89632 0.84893 0.80426 0.76214 0.72242 0.64958 0.58468 0.52679 0.42888 0.35049 0.28748 12 0.94191 0.88745 0.83639 0.78849 0.74356 0.70138 0.62460 0.55684 0.49697 0.39711 0.31863 0.25668 O Question 15 13 0.93722 0.87866 0.82403 0.77303 0.72542 0.68095 0.60057 0.53032 0.46884 0.36770 0.28966 0.22917 14 0.93256 0.86996 0.81185 0.75788 0.70773 0.66112 0.57748 0.50507 0.44230 0.34046 0.26333 0.20462 15 0.92792 0.86135 0.79985 0.74301 0.69047 0.64186 0.55526 0.48102 0.41727 0.31524 0.23939 0.18270 16 0.92330 0.85282 0.78803 0.72845 0.67362 0.62317 0.53391 0.45811 0.39365 0.29189 0.21763 0.16312 Question 16 17 0.91871 0.84438 0.77639 0.71416 0.65720 0.60502 0.51337 0.43630 0.37136 0.27027 0.19784 0.14564 18 0.91414 0.83602 0.76491 0.70016 0.64117 0.58739 0.49363 0.41552 0.35034 0.25025 0.17986 0.13004 19 0.90959 0.82774 0.75361 0.68643 0.62553 0.57029 0.47464 0.39573 0.33051 0.23171 0.16351 0.11611 20 0.90506 0.81954 0.74247 0.67297 0.61027 0.55368 0.45639 0.37689 0.31180 0.21455 0. 14864 0.10367 Help me solve this View an e Clear all Check answerUnit 5 Lab Homework - MM25 X P Do Homework - Unit 5 Lab Hor X P Do Homework - Unit 4 Lab Hor X Lab 114 Unit 5 Homework - Exe X Course Hero C ^ mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=648953094&questionld=1&flushed=false&cld=7387104&back=DoAssignments.as... MM255 Business Math and Statistical Measures Jay Hatcher 05/20/23 5:22 AM Homework: Unit 5 Lab Homework Question 13, 13.2.2 HW Score: 0%, 0 of 40 points O Points: 0 of 2 Save How much should Linda Bryan set aside now to buy equipment that costs $5,100 in one year? The current interest rate is 0.8% annually, compounded annually. Question list K O Question 8 The amount of money to be set aside is $ . (Round to the nearest cent as needed.) O Question 9 O Question 10 Question 11 O Question 12 O Question 13 O Question 14 O Question 15 Question 16 Help me solve this View an example Get more help - Clear all Check answer'Ii Unit 5 Lab Homework - MM2 X 1) Do Homework Unit 5 Lab H X 1) Do Homework - Unit 4 Lab H X t Lab 114 Unit 5 Homework - E X * Course Hero X + HW Score: 0%, 0 of 40 points Part1 0'4 0 Points: 0 of 4 E Homework: Unit 5 Lab Homework A bank made a farmer a loan of $1 .400 at 14% for three years compounded annually. Find the future value and the compound interest paid on the loan. Compare the compound interest with Question "St I6 simple interest for the same period. 0 Question 8 Future value = $ (Round to the nearest cent as needed.) 0 Question 9 0 Question 10 0 Question 11 0 Question 12 0 Question 13 0 Question 14 0 Question 15 0 Question 16 Help me solve this Wew an example Get more help A Unit 5 Lab Homework - MM25 X P Do Homework - Unit 5 Lab Hor X P Do Homework - Unit 4 Lab Hor X Lab 114 Unit 5 Homework - Exe X Course Hero C ^ mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=648953094&questionld=1&flushed=false&cld=7387104&back=DoAssignments.as... MM255 Business Math and Statistical Measures Jay Hatcher 05/20/23 5:23 AM Homework: Unit 5 Lab Homework Question 7, 12.3.6 HW Score: 0%, 0 of 40 points O Points: 0 of 4 Save John Smith has a credit card that charges 10% annual interest on the monthly average daily balance for the billing cycle. The current billing cycle has 29 days. For 14 days his balance was Question list K $2,512.89. For 9 days the balance was $1,512.89. And for 6 days the balance was $1,805.66. Find the average daily balance. Find the amount of interest. Question 1 The average daily balance is $ . The amount of interest is $. (Round to the nearest cent as needed.) O Question 2 O Question 3 O Question 4 O Question 5 Question 6 Question 7 O Question 8 O Question 9 Help me solve this View an example Get more help - Clear all Check answerUnit 5 Lab Homework - MM25 X P Do Homework - Unit 5 Lab Hor X P Do Homework - Unit 4 Lab Hor X Lab 114 Unit 5 Homework - Exe X Course Hero C ^ mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=648953094&questionld=1&flushed=false&cld=7387104&back=DoAssignments.as... MM255 Business Math and Statistical Measures Jay Hatcher 05/20/23 5:23 AM Homework: Unit 5 Lab Homework