Question 9

Zoe deposited $12,000 in her savings account on May 1,2022. The savings account earns her $3.5.

 

a) What would be balance of Zoe's savings account on December 18,2022 ?

 

b) How much interest did Zoe earn during this period?

2+2=5 What is the answer?

Use the following information to determine direct materials costper unit: total direct materials costs are $127,500, fixed costsare $75,000, units produced are 15,000.

a.$8.50

b.None of these choices are correct.

c.$13.50

d.$3.50

What's the answer?

A couple has decided to purchase a $370000 house using a downpayment of $21000. They can amortize the balance at 12% over 30years.
a) What is their monthly payment? Answer = $
b) What is the total interest paid? Answer = $
c) How much of their first payment went toward paying interest?Answer = $
d) How much of their first payment went toward paying the balanceof the loan. Answer = $