MATH QUESTIONS WITH ACCURATE ANSWERS
Mantago wants to borrow $10,000 to buy a used car. He examined his budget
and decides that he can afford a
payment of $200 a month. If his bank offers him an APR of 7.5%, how long
should he borrow the money so
he can afford his monthly payment? Accurate Answer - 5 Years
Bob and Kathy want to save a total of $500,000 for retirement. How much
should they deposit monthly into
an account that pays 3.9% interest, compounded monthly, to meet their goal
in 24 years? Accurate Answer - $1,051.17
Nathan wants to buy a car that costs $25,920. He has $3,000 as a down
payment, and his payments will be
$450 for 6 years. Through research he discovers that the value of the car will
depreciate to a value of zero in
12 years. After how long will the expenses of the car be equal to the value of
the car? Accurate Answer - 3 Years
Mr.M claim dependents Accurate Answer - 4
Larry's car is worth $18,000 after 5 years. When the car was new, it sold for
$24,000. What is the
depreciation rate? Accurate Answer - 5.6%
Craig is an accident Reconstructionist. He arrives at an accident where there
are 4 skid marks of different
lengths. He finds their measures to be 85 ft, 92 ft, 88 ft, and 90 ft. It is an
asphalt road with a drag factor of
0.8. Because he does not know the efficiency of the driver's brakes, he
assumes a brake efficiency of 80%.
What is the minimum speed the driver could have been going?
Accurate Answer - 41.3 mph
Saheel has $20,000 property damage insurance and $5,000 comprehensive
and collision insurance with a
Mantago wants to borrow $10,000 to buy a used car. He examined his budget
and decides that he can afford a
payment of $200 a month. If his bank offers him an APR of 7.5%, how long
should he borrow the money so
he can afford his monthly payment? Accurate Answer - 5 Years
Bob and Kathy want to save a total of $500,000 for retirement. How much
should they deposit monthly into
an account that pays 3.9% interest, compounded monthly, to meet their goal
in 24 years? Accurate Answer - $1,051.17
Nathan wants to buy a car that costs $25,920. He has $3,000 as a down
payment, and his payments will be
$450 for 6 years. Through research he discovers that the value of the car will
depreciate to a value of zero in
12 years. After how long will the expenses of the car be equal to the value of
the car? Accurate Answer - 3 Years
Mr.M claim dependents Accurate Answer - 4
Larry's car is worth $18,000 after 5 years. When the car was new, it sold for
$24,000. What is the
depreciation rate? Accurate Answer - 5.6%
Craig is an accident Reconstructionist. He arrives at an accident where there
are 4 skid marks of different
lengths. He finds their measures to be 85 ft, 92 ft, 88 ft, and 90 ft. It is an
asphalt road with a drag factor of
0.8. Because he does not know the efficiency of the driver's brakes, he
assumes a brake efficiency of 80%.
What is the minimum speed the driver could have been going?
Accurate Answer - 41.3 mph
Saheel has $20,000 property damage insurance and $5,000 comprehensive
and collision insurance with a
