Joan will invest $[P] over a period of [t] years. Money earn…

Joan will invest $[P] over a period of [t] years. Money earns an annual interest rate of [r] % compounded quarterly. What will be Joan’s balance (to the nearest cent) at the end of the time period? (ANSWER FORMAT: In order to ensure you receive credit, DO NOT enter the $ sign nor commas and make sure you give answer to the nearest cent. If you are “off” by 1 cent, the answer is wrong! Examples: 388.49, 547.00, 32543.00)

A company is in need of revenue for a period of 26 weeks. Th…

A company is in need of revenue for a period of 26 weeks. They elect to sell 10,000 T-Bills that will mature to $1000 after the 26 weeks. If the company wants to pay a simple interest rate of 5.2% on the T-Bills, then what price should they charge for each T-Bill and how much revenue (to nearest dollar) will the sale generate?

Joey invests a lump sum amount of $3000 into an account that…

Joey invests a lump sum amount of $3000 into an account that earns an APR of 9% compounded quarterly for a period of 8 years.. Answer the questions below. a) What is the quarterly rate given as a percent? i=[BLANK-1] b) What is the total number of quarters? n=[BLANK-2] quarters c) What is the final balance of the investment? A=[BLANK-3] d) How much interest was earned over the 8 years? I=[BLANK-4]

You begin a business manufacturing boxes of toothpicks. You…

You begin a business manufacturing boxes of toothpicks. You sell each box for $3.75 and it costs you $1.00 to manufacture each box. Your weekly fixed cost is $500. Write a function that represents your weekly profit based on the number of boxes you make and sell. Hint: Profit=Revenue – Cost