Questions from Financial Algebra


Q: Laura has been contributing to a retirement account that pays 1.

Laura has been contributing to a retirement account that pays 1.75% interest with pre-tax dollars. This account compounds interest monthly. She has put $500 per month into the account. At the end of 1...

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Q: Complete the table to find the periodic deposit investment amounts.

Complete the table to find the periodic deposit investment amounts.

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Q: Fiona opened a retirement account that has an annual rate of 2

Fiona opened a retirement account that has an annual rate of 2.2%. She is planning on retiring in 20 years. How much must she deposit into that account each year so that she can have a total of $600,0...

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Q: John is 60 years old. He plans to retire in 2

John is 60 years old. He plans to retire in 2 years. He now has $400,000 in a savings account that yields 2.1% interest compounded monthly. He has calculated that his final working year’s salary will...

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Q: Bob can afford to deposit $400 a month into a retirement

Bob can afford to deposit $400 a month into a retirement account that compounds interest monthly with an APR of 1.8%. His plan is to have $200,000 saved so that he can then retire. Approximately how l...

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Q: Interpret the quote in the context of what you learned about buying

Interpret the quote in the context of what you learned about buying and selling cars in this lesson.

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Q: The North Shore News charges $19.50 for a two

The North Shore News charges $19.50 for a two-line automotive ad. Each additional line costs $7. How much does a six-line ad cost?

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Q: The Antique Auto News charges $10 for a 10-word

The Antique Auto News charges $10 for a 10-word classified ad. Each additional word costs $0.40. For an extra $40, a seller can include a photo in the ad. How much would a 20-word ad with a photo cost...

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Q: A local newspaper charges g dollars for a four-line classified

A local newspaper charges g dollars for a four-line classified ad. Each additional line costs d dollars. Write an expression for the cost of a seven-line ad.

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Q: The Auto Times charges g dollars for a classified ad with m

The Auto Times charges g dollars for a classified ad with m or less lines. Each additional line is d dollars. If x . m, express the cost of an x-line ad algebraically.

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