Kinsey

This page lists questions and answers that were posted by visitors named Kinsey.

Questions

The following questions were asked by visitors named Kinsey.

Suppose you buy a two-year CD for $10,000 from First Command Bank. The interest earned at maturity is $______. Use the APY (Annual Percentage Yield) from Table 4.1. The Table says APY for this is 3.9%
9 years ago
Suppose you buy a two-year CD for $10,000 from First Command Bank. Assume monthly compounding. Use the APR from the below Table 4.1 and the compound interest formula to determine how much interest the CD earns for you at maturity. The Table says APR is 3....
9 years ago
Sue bought a six-month CD for $ 30003000 She said that at maturity it paid $ 128128 in interest. Assume this was simple interest, and determine the APR.
9 years ago
What is the present value of an investment that will be worth $ 3000$ 3000 at the end of five years? Assume an APR of 6% compounded monthly.
9 years ago
You find that the going rate for a home mortgage with a term of 30 years is 6.5% APR. The lending agency says that based on your income, your monthly payment can be at most $750. How much can you borrow?
9 years ago
You want to buy a car. Suppose you borrow $15,000 for two years at an APR of 7%. What will your monthly payment be? How much interest will you have paid by the end of the loan? I've gotten half of the question right, but I'm not sure which half since I ca...
9 years ago
In order to buy a new car, you finance $20,000 with no down payment for a term of five years at an APR (Annual Percentage Rate) of 6%. After you have the car for one year, you are in an accident. No one is injured, but the car is totaled. The insurance co...
9 years ago
What did the differences between federalists and democratic republicans suggest about national politics in the years following Washington's presidency?
7 years ago
How many different ways can you make $2.43 out of 5cent and 8cent stamps? Show all of the different combinations.
4 years ago
On takeoff a rocket accelerates from rest at a rate of 50m/s^2 for exactly 1 minute. The rockets speed after this minute of steady acceleration will be__m/s.
4 years ago

Answers

The following answers were posted by visitors named Kinsey.