How much snow remains after 5 hours? Find out now!

14. Snow on the ground during January melts at a rate of 12% each hour during clear skies and moderate temperatures. If there is 8 inches of snow at the start, how much could remain after 5 hours? Round your answer to the tenth. ered by 89 A = 8 ( 1 -. 12 ) = 4.2 in 2020. 15. What should be the balance on an account after 10 years if the initial deposit was $500 and is compounded weekly at a rate of 4.6%? inenti 4 = 500 ( 1+ 52 . 046 ) 52 x 10 = $791.88 16. Calculate the next 3 months billing cycle using the information below. APR is 15.99% with a starting balance of $225. Assume you only make the minimum payment each month which is 5%. Month Carry Over Balance Finance Charge New Balance Minimum Payment 225 3.00 233. 00 11. 65 221, 35 2. 95 224.30 11. 23 3 213, 07 17. Consider purchasing a car that has a price of $18,700. You make payments for 6 years at an APR of 2.2%. A. If you paid a 10% down payment, what would you need to take out for their loan? $ 16830 B. Using Excel, the monthly payments are $249.73. How much will be paid over the entire loan? 249 73 x 12 x6 = $ 17980. 54 C. How much interest is paid over the entire length of the loan? 17980, 36 - 14830 $ 1150. 54 . You decide to contribute $180 into a retirement account at 2.9% annually. A. What could you type in Excel to find the total of the retirement after 42 years? = FV (. 029/ 12, 12 x 42, - 180) Using Excel, the total in the account is $176,930.56. How much interest have you gained? 176 930, 56 180 x 12 X 42 = 90 720 90720