# Project #72024 - math midterm

Hi this is my math midterm

I'm sure someone here will be able to help me finish these !

Thank you for your help!

Hello here is the midterm:

1) Find the absolute change and relative (percent) change in the following:

Jean's new business sold 759 computers in 2010 and 1370 computers in 2014 Round percent to nearest tenth of a percent.

2) Show whether the following statement is true or false. If the statement is false, state the true percent change ( round to nearest 10th of a percent.) Use 100\$ as your initial value.

The national economy increased by 2.0% a year for four consecutive years. Therefore, the econommy increased by 8% over the four years.

3) You want to start a monthly deposit plan to build up your savings.

Your goal is to have \$1,000,000 in a retirement account with an apr Of 7.2% by the time you are 75.

a) Assuming you are currently 25 years old, how much should your monthly payment be to achieve this goal? ( round to the nearest penny)

Assume interest compounds monthly and payments are monthly

b) Compare the \$1,000,000 you earned to the total amount you deposited over the 50 years. How much interest in dollars did you earn?

4) You take out a 30 year mortgage of \$320,000 with a fixed APR of 3,9% ( assume interest compounds monthly)

a) Calculate your monthly payment ( do not round until you reach your final answer round to the nearest penny).

b) How much did you end up paying in interst ( round to the nearest tenth of a percent)?

5) Based on the APR picture

a) find the inflation rate from the year 2000 to 2001 ( round to nearest 10th of a percent)

b) if a candy bar costs \$1.00 in the year 2000 how much will it cost in 2001? ( round to nearest penny)

 Subject Mathematics Due By (Pacific Time) 05/26/2015 12:00 am
TutorRating
pallavi

Chat Now!

out of 1971 reviews
amosmm

Chat Now!

out of 766 reviews
PhyzKyd

Chat Now!

out of 1164 reviews
rajdeep77

Chat Now!

out of 721 reviews
sctys

Chat Now!

out of 1600 reviews
sharadgreen

Chat Now!

out of 770 reviews
topnotcher

Chat Now!

out of 766 reviews
XXXIAO

Chat Now!

out of 680 reviews
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy