Need help with math homework?

Answers:3   |   LastUpdateAt:2022-08-05 02:54:11  

Question
Marian
Asked at 2012-09-29 00:27:03
I have a couple questions I understand . Answer and explanation of any of the questions that you know will be greatly appreciated ! MedlinePlus MedlinePlus 1) If Nancy deposits $ 290 at the end of each month in a savings account that earns interest at a nominal rate of 9 percent per annum compounded monthly , how much you have on deposit in your savings account after three years , assuming she makes no withdrawals during that period ? Round your answer to the nearest hundredth . MedlinePlus MedlinePlus 2) Jane made ​​an initial payment of $ 3,000 for the purchase of a car . To pay the balance of the purchase price , which has obtained a loan from your bank at a nominal rate of 8.4 percent per annum compounded monthly . Under the terms of its financing agreement , which is required to make payments of $ 130 per month for 36 months. MedlinePlus What is the cash price of the car? _____________ Dollars ( round your answer to the nearest cent ) . MedlinePlus How much , in total, will Jane go through interest charges ? _______________ Dollars (about your answer to the nearest hundredth . ) . MedlinePlus MedlinePlus 3) Susan borrowed $ 140,000 from his bank to help finance the purchase of a house . The bank charges an interest rate of 6.4 percent per annum compounded monthly . Susan is committed to repay the loan in equal monthly installments over 40 years . MedlinePlus How much should each payment be if the loan is to be amortized at the end of the term ? ______ Dollars (rounded to the nearest cent ) .
How much , in total, will undergo Susan interest charges ? __________ Dollars (rounded to the nearest cent ) .
Answer1 Answered at 2022-08-05 02:54:11

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