Suppose that \( \$ 2000 \) is invested at a rate of \( 2.7 \% \), compounded monthly. Assuming that no withdrawals are made, find the total amount after 6 years. Do not round any intermediate computations, and round your answer to the nearest cent.

Find the amount that results from the given investment. \( \$ 300 \) invested at \( 4 \% \) compounded quarterly after a period of 3 years After 3 years, the investment results in \( \$ \square \). (Round to the nearest cent as needed.)

The principal \( P \) is borrowed and the loan's future value \( A \) at time \( t \) is given. Determine the loan's simple interest rate r . \( \mathrm{P}=\$ 7000.00, \mathrm{~A}=\$ 7910.00, \mathrm{t}=2 \) years \( \square \% \) (Round to the nearest tenth of a percent as needed.)

December 31, 2024, Concord Travel Agency has an Accounts Receivable balance of \( \$ 87,000 \). Its net accounts receivable is \( \$ 86,120 \) before the year-end adjustment. Senvice revenue (all on account) for 2024 was \( \$ 800,000 \). Concord estimates that its bad debt expense for the year is \( 3 \% \) of service revenue. Requirements 1. Calculate Concord's bad debt expense for 2024 .

ASK YOUR TEACHER \( \quad \) PRACTICE ANOTHER Find the annual percentage yield for an investment at the following rates. (Round your answers to two decimal places.) (a) \( 7.6 \% \) compounded monthly

Amar deposited \( \$ 400 \) iniban account with \( 2.9 \% \) interest, compounded semiannually. Assuming that ho witharawals are mode, how much will he have in the occount after 8 years? Do not round any intermediatecomparon, round nearest cent.