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Round the following number to the tenth. 4.084

The single equivalent discount rate is found by taking the net price equivalent rate and adding it to 1.

An amortization schedule shows:

 Simple interest loans are usually more than one year.

Annuity due provides a lower final value when compared to an ordinary annuity.

Tom Burke bought a home in Virginia for $139,000. He puts down 30 percent and obtains a mortgage for 25 years at 12 percent. The portion of the 1st payment that covers interest is:  (Solve using the financial calculator. Select the best answer.)

 An ordinary annuity results in the deposit or payment being made at end of the period.

.0064 is sixty-four ten thousandths. 

Black and Decker Manufacturing sold a set of saws to True Value Hardware. The list price was $3,800. Black and Decker offered a chain discount of 8/3/1. The net price of the saws is:

Lisa Wolf has 20 1/8 days of vacation per year at Walmart. To date she has taken 4 1/2 in January, 3 1/4 in February, and 4 1/8 days in March. How much more vacation time is Lisa entitled to?