The amount of money in an account may increase due to rising stock prices and decrease due to falling stock prices. Mason is study B, over time.
The amount f(x), in dollars, in account A after x years is represented by the function below:
f(x) = 10,125(1.83)
Part A: Is the amount of money in account A Increasing or decreasing and by what percentage per year? Justify your answer. (5 pol
Part B: The table below shows the amount g(t), in dollars, of money in account B after r years.
3
r (number of years) 1 2
4
g(r) (amount in dollars) 9,638 18,794.10 36,648.50 71,464.58
Which account recorded a greater percentage change in amount of money over the previous year? Justify your answer. (5 points)
(10 points)
B
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Calculate the monthly payment for a $2,500 loan at 9% annual interest for two years. use the formula, m = pm(1 + m)^na/(1 + m)^na - 1 as needed. a. $85.15 b. $105.40 c. $114.21 d. $125.72 calculate the total payback for a $2,500 loan at 9% annual interest for two years. use the formula, m = pm(1 + m)^na/(1 + m)^na - 1 as needed. a. $1,021.80 b. $1,370.52 c. $2,043.60 d. $2,741.04 alice wants to use the stack method to pay down her debts listed in the table below. if she applies an extra $150 a month to her debts, what will be the second debt she targets to pay off and what will be the monthly amount she applies to it? debts interest rate minimum monthly payment debt 1 5.5% $75 debt 2 2.75% $250 debt 3 13.25% $150 a. debt 1, $225 b. debt 1, $375 c. debt 3, $300 d. debt 3, $400 at greenbrier bank, checking account customers earn 0.8% interest a month on their account balances, pay a $0.10 service fee per check, and pay a monthly $2.00 financial charge. calculate the income earned on the checking account for a customer who writes 21 checks and maintains a minimum balance of $1,210. a. $4.27 b. $5.58 c. $6.42 d. $7.35 which statement most accurately compares debit and credit cards? a. both cards deduct from funds currently in a checking account. b. both cards use funds temporarily loaned from a financial institution. c. both cards are processed by the same card system services. d. both carry the risk of overdraft.

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