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What monthly deposits made to an account paying 9% will grow to $10,000 in 4 years?

D

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An amount of $4000 is invested at 6% compounded daily. What will the final amount be in 5 years?

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David has won a lottery paying him $10,000 per month for the next 20 years. He'd rather have the whole amount in one lump sum now. If the current interest rate is 7%, how much money can he hope to get?

F

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Each month Linda deposits $250 in an account that pays 9%. How much money will she have in 4 years?

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Find the monthly payment for a $15,000 car if the loan is amortized over 4 years at a rate of 10%.

E

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What lump-sum deposited in an account paying 7% compounded daily will grow to $10,000 in 5 years?

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What amount of quarterly payments will amount to $250,000 in 5 years at a rate of 8%?

D

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The Chang family bought their house 25 years ago. They had their loan financed for 30 years at an interest rate of 11% resulting in a payment of $1350 a month. Find the balance of the loan.

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A 10-year $1000 bond pays $35 every six months. If the current interest rate is 8%, in order to find the fair market value of the bond, we need to find the following.

  1. The present value of $1000.

B

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A 10-year $1000 bond pays $35 every six months. If the current interest rate is 8%, in order to find the fair market value of the bond, we need to find the following.

b. The present value of the $35 per six month payments.

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What lump-sum deposit made today is equal to 33 monthly deposits of $500 if the interest rate is 8%?

F

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What should be the size of the monthly deposits made to an account paying 10% so that their accumulated value will be $10,000 in six years?

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A department store charges a finance charge of 1.5% per month on the outstanding balance. If Ned charged $400 three months ago and has not paid his bill, how much does he owe?

A

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What will the value of $300 monthly deposits be in 10 years if the account pays 12% compounded monthly?

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What lump-sum deposited at 6% compounded daily will grow to $2000 in three years?

B

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A company buys an apartment complex for $5,000,000 and amortizes the loan over 10 years. What is the yearly payment if the interest rate is 14%?

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In 1970, a house in Reno cost $23,000. If the inflation rate is 8%, what is the price of that house in 1997?

A

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You determine that you can afford to pay $400 per month for a car. What is the maximum price you can pay for a car if the interest rate is 11% and you want to repay the loan in 4 years?

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A business needs $350,000 in 5 years. How much lump-sum should be put aside in an account that pays 9% so that five years from now the company will have $350,000?

B

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A person wishes to have $500,000 in a pension fund 20 years from now. How much should he deposit each month in an account paying 9% compounded monthly?

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Chapter review

Manuel borrows $800 for 6 months at 18% simple interest. How much does he owe at the end of 6 months?

$874.75

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The population of California is 32 million and expects to grow at a rate of 2.3% per year for the next 10 years. What will the population of California be in 10 years?

40.17 million

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Questions & Answers

do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
Damian Reply
absolutely yes
Daniel
how to know photocatalytic properties of tio2 nanoparticles...what to do now
Akash Reply
it is a goid question and i want to know the answer as well
Maciej
characteristics of micro business
Abigail
Do somebody tell me a best nano engineering book for beginners?
s. Reply
what is fullerene does it is used to make bukky balls
Devang Reply
are you nano engineer ?
s.
fullerene is a bucky ball aka Carbon 60 molecule. It was name by the architect Fuller. He design the geodesic dome. it resembles a soccer ball.
Tarell
what is the actual application of fullerenes nowadays?
Damian
That is a great question Damian. best way to answer that question is to Google it. there are hundreds of applications for buck minister fullerenes, from medical to aerospace. you can also find plenty of research papers that will give you great detail on the potential applications of fullerenes.
Tarell
what is the Synthesis, properties,and applications of carbon nano chemistry
Abhijith Reply
Mostly, they use nano carbon for electronics and for materials to be strengthened.
Virgil
is Bucky paper clear?
CYNTHIA
so some one know about replacing silicon atom with phosphorous in semiconductors device?
s. Reply
Yeah, it is a pain to say the least. You basically have to heat the substarte up to around 1000 degrees celcius then pass phosphene gas over top of it, which is explosive and toxic by the way, under very low pressure.
Harper
Do you know which machine is used to that process?
s.
how to fabricate graphene ink ?
SUYASH Reply
for screen printed electrodes ?
SUYASH
What is lattice structure?
s. Reply
of graphene you mean?
Ebrahim
or in general
Ebrahim
in general
s.
Graphene has a hexagonal structure
tahir
On having this app for quite a bit time, Haven't realised there's a chat room in it.
Cied
what is biological synthesis of nanoparticles
Sanket Reply
what's the easiest and fastest way to the synthesize AgNP?
Damian Reply
China
Cied
types of nano material
abeetha Reply
I start with an easy one. carbon nanotubes woven into a long filament like a string
Porter
many many of nanotubes
Porter
what is the k.e before it land
Yasmin
what is the function of carbon nanotubes?
Cesar
I'm interested in nanotube
Uday
what is nanomaterials​ and their applications of sensors.
Ramkumar Reply
what is nano technology
Sravani Reply
what is system testing?
AMJAD
preparation of nanomaterial
Victor Reply
Yes, Nanotechnology has a very fast field of applications and their is always something new to do with it...
Himanshu Reply
good afternoon madam
AMJAD
what is system testing
AMJAD
what is the application of nanotechnology?
Stotaw
In this morden time nanotechnology used in many field . 1-Electronics-manufacturad IC ,RAM,MRAM,solar panel etc 2-Helth and Medical-Nanomedicine,Drug Dilivery for cancer treatment etc 3- Atomobile -MEMS, Coating on car etc. and may other field for details you can check at Google
Azam
anybody can imagine what will be happen after 100 years from now in nano tech world
Prasenjit
after 100 year this will be not nanotechnology maybe this technology name will be change . maybe aftet 100 year . we work on electron lable practically about its properties and behaviour by the different instruments
Azam
name doesn't matter , whatever it will be change... I'm taking about effect on circumstances of the microscopic world
Prasenjit
how hard could it be to apply nanotechnology against viral infections such HIV or Ebola?
Damian
silver nanoparticles could handle the job?
Damian
not now but maybe in future only AgNP maybe any other nanomaterials
Azam
Hello
Uday
I'm interested in Nanotube
Uday
this technology will not going on for the long time , so I'm thinking about femtotechnology 10^-15
Prasenjit
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Berger describes sociologists as concerned with
Mueller Reply
8. It is known that 80% of the people wear seat belts, and 5% of the people quit smoking last year. If 4% of the people who wear seat belts quit smoking, are the events, wearing a seat belt and quitting smoking, independent?
William Reply
Mr. Shamir employs two part-time typists, Inna and Jim for his typing needs. Inna charges $10 an hour and can type 6 pages an hour, while Jim charges $12 an hour and can type 8 pages per hour. Each typist must be employed at least 8 hours per week to keep them on the payroll. If Mr. Shamir has at least 208 pages to be typed, how many hours per week should he employ each student to minimize his typing costs, and what will be the total cost?
Chine Reply
At De Anza College, 20% of the students take Finite Mathematics, 30% take Statistics and 10% take both. What percentage of the students take Finite Mathematics or Statistics?
Chalton Reply

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Source:  OpenStax, Applied finite mathematics. OpenStax CNX. Jul 16, 2011 Download for free at http://cnx.org/content/col10613/1.5
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