# Math Assignment - 10 Questions

this is a math assignment with 10 questions

8 multiple choice and 2 word problems

If P = \$49,236.45 , R = 10,5% , and T = 2 years , estimate I.

\$10,000

\$600

\$120,000

\$50,000

Question 2
10 Points
Find the APR (rounded to one decimal place of a percent) for the loan. Purchase a dining table set for \$2400 at 6.2% add-on interest for 4 years.

1.0%

0.1%

12%

12.1%

12.4%

Question 3
10 Points
What number is 120% of 16?

18.2

19.2

14

10

19.5

Question 4
10 Points
If I = \$398.90, R = 9.85% , and T = 1 year, estimate P Math Assignment - 10 Questions is rated 4.8/5 based on 389 customer reviews.

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\$400

\$40

\$40,000

\$4,000

Question 5
10 Points
If a loan is held for 450 days, then T is about

450 years

4 over 5 years

3 years

1 1 fourth years

Question 6
10 Points
Calculate the amount of simple interest earned.

\$1300 at 7.2% for 4 years.

\$375

\$3,740.40

\$374.00

\$374.40

\$37.44

Question 7
10 Points
Change the given form into fraction.

0.045

7 over 20

9 over 20

7 over 200

9 over 200

9 over 2

Question 8
10 Points
If \$15,000 is invested at 7 1 half percent sign for 10 years, find the future value if the interest is compounded monthly. Please round the answer to the nearest cent ( two decimal places ). Enter only the number without \$ sign.

\$ Blank 1

Blank 1

Question 9
10 Points
\$1478 borrowed at 26% simple interest. What is the total amount to be repaid 63 days later? 1 year = 360 days

Question 10
10 Points
Convert the given credit card rate to APR ( rounded to the nearest whole number}

In Arizona 1 1 third percent signper month. Enter only the number.

12

480

9

16

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