How much money in total would you need to pay at the end, for the figures below? - Home sale: \( \$ 480,000 \) - Agreed upon downpayment: \( 7 \% \) - Closing costs: \( \$ 2,000 \) above normal as outlined in the video - Home inspection: \( \$ 750 \) - Home appraisal: \( \$ 500 \) \$ \( \$ 50,850 \) \$ \( \$ 49,850 \) \$ \( \$ 46,850 \)

The principal \( P \) is borrowed at simple interest rate \( r \) for a period of time \( t \). Find the loan's future value, \( A \), or the total amount due at time \( t \). \( P=\$ 38,000, r=6.5 \%, t=5 \) years The future value is \( \$ \square \). (Simplify your answer. Type an integer or a decimal.)

25. You own a custom computer software business. You must invest \( \$ 3,255 \) for computer hardware, and spend \( \$ 2.90 \) to buy and package each disk. If each disk sells for \( \$ 13.75 \), write a system of equations and determine how many disks you must sell to break even. 26. The ballpark needs to make at least \( \$ 15,000 \) from ticket sales. The ticket prices are \( \$ 20 \) for

The principal \( P \) is borrowed at a simple interest rate \( r \) for a period of time \( t \). Find the simple interest owed for the use of the money. Assume 365 days in a year. \( P=\$ 7000, r=4.5 \%, t=18 \) months The simple interest owed for the use of the money is \( \$ \square \). (Do not round until the final answer. Then round to the nearest cent as needed.)

Determine the present value \( P \) that must be invested to have the future value \( A \) at simple interest rate \( r \) after time \( t \). \[ A=\$ 5000, r=2.5 \%, t=6 \text { years } \] The present value \( P \) that must be invested is \( \$ \) (Round up to the nearest cent.)

Determine the effective annual yield for each investment. Then select the better investment. \( 3.06 \% \) compounded monthly; \( 3.07 \% \) compounded annually Click the icon to view some finance formulas. Select the correct choice below and fill in the answer boxes within your choice. (Round to the nearest hundredth as needed.) A. The second investment, \( 3.07 \% \) compounded annually, is the better investment because the effective annual yield for the first investment is investment is \( \square \% \). The first investment, \( 3.06 \% \) compounded monthly, is the better investment because the effective annual yield for the first investment is \( \square \% \) annual yield for the second investment is \( \square \% \).