Mr. and Mrs. Thompson hope to send their son to college in twelve years. How much money should they invest now at an interest rate of \( 8.5 \% \) per year, compounded continuously, in order to be able to contribute \( \$ 8000 \) to his education? Do not round any intermediate computations, and round your answer to the nearest cent.

If \( \$ 6000 \) is invested in a bank account at an interest rate of \( 6 \% \) per year, Find the amount in the bank after 6 years if interest is compounded annuall 8511.11 Find the amount in the bank after 6 years if interest is compounded quaterly Find the amount in the bank after 6 years if interest is compounded monthly

A car salesperson earns \( \$ 900 \) each month plus \( 6 \% \) commission on her monthly car sales. If she sells \( \$ 58,000 \) worth of cars on a given month, which of the following is her total monthly salary? A. \( \$ 4,380.00 \) B. \( \$ 3,534.00 \) C. \( \$ 3,480.00 \) D. \( \$ 3,426.00 \)

Suppose that \( \$ 8500 \) is placed in an account that pays \( 17 \% \) interest compounded each year, Assume that no withdrawals are made from the account, Follow the instructions below, Do not do any rounding. (a) Find the amount in the account at the end of 1 vear. (b) Find the amount in the account at the end of 2 years. \( \$ 11637.15 \)

Suppose Lisa borrows \( \$ 7500 \) at an interest rate of \( 4 \% \) compounded each year. Assume that no payments are made on the loan. Follow the instructions below. Do not do any rounding. \[ \begin{array}{l}\text { (a) Find the amount owed at the end of } 1 \text { year. } \\ \text { (b) Find the amount owed at the end of } 2 \text { years. }\end{array} \]

Deuda Estudiantil iTen cuidado! Tips para que me presten dinero Diferentes formas de Pagar el Capital El contenido está completamente reflejado e identificado en los videos de la plataforma de Feme.