Please help me answer some questions!
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Please help me answer some questions!

[From: ] [author: ] [Date: 12-03-10] [Hit: ]
00 and at least $17.00 per month. B. At most $30.00 and at least $19.50 per month.......


8. If you earn a maximum of $750 per month and a minimum of $420 per month and save 5%, how much will you save?
A. At most $21.00 and at least $17.00 per month.
B. At most $30.00 and at least $19.50 per month.
C. At most $37.50 and at least $21.00 per month.
D. At most $42.00 and at least $37.50 per month.

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1).
I = Prt is the formula for simple interest.
The principal is $4,840, the interest rate is 6%, and the time is two years.
What is the interest charge?
B. $580.80

2).
I = Prt is the formula for simple interest.
The principal is $6,500, the interest rate is 4.25%, and the time is three years.
What is the interest charge?
C. $828.75

3).
Saving a set percentage of your earnings has what advantage(s)?
C. It allows you to have a lot of extra money for special occasions.

4).
If you work 40 hours per week at $13.00 per hour and save 10% of your gross earnings,
how much will you save per week?
B. $52

5).
If you save $50 per month, how much will you save (not including interest) in one year?
B. $600

6).
What should you total up in addition to the sales price before making a large purchase?
B. All taxes, discounts, and your trade-in

7).
What are three things that need to be known in order to find the total cost of a loan?
C. The interest rate, monthly payment, and number of payments

8). If you earn a maximum of $750 per month and a minimum of $420 per month
and save 5%, how much will you save?
C. At most $37.50 and at least $21.00 per month.

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Do your own homework or you won't get far in life.

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hey amy,

this is no way to ask for help. what makes you think that folks at yahoo answers would certainly complete all of your h.w for you while you would be sleeping/playing/lazing or whatever.

wake up & change your attitude.

its only due to folks like you that i sometimes feel what the hell am i doing here. & i am sure many guys must have had quit the forum due to ppl like you.

its a shame really.

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1. Just plug in: 4840 for P, 0.06 for r, and 2 for t.
4840*0.06*2 = 580.80$ --> (A)

2. Just plug in: 6500 for P, 0.0425 for r, and 3 for t.
6500*0.0425*3 = 828.75$ --> (C)

3. B,C, and D are not necessarily true --> (A)

4. 40$/hr * 13hr = 520$/wk * 0.10 = 52$ --> (B)

5. 50$/month * 12 months = 600$ --> (B)

6. (A)

7. (C)

8. At most: 750$ * 0.05 = 37.50$/mo
At least: 420$ * 0.05 = 21$/mo --> (C)
12
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