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Narrative 11-2
Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent)
-Refer to Narrative in your text 11-2. In 30 months, Cover Homes, a real estate developer, is planning to buy 25 acres of land, each acre costing $12,500. How much should Cover invest now at 6% interest compounded quarterly in order to have sufficient funds to buy the land?
Q1: Jimmy wants to pay off a personal
Q17: Frog's Leap Vineyards has a $45,000 line
Q65: A mattress is currently on sale for
Q81: Refer to Narrative in your text
Q83: The stated interest rate is the real
Q92: Thomas Getz is a salesman for Sharp
Q100: Use Table 12-1 from your text
Q119: Refer to Narrative in your text 11-2.
Q119: Refer to Narrative in your text
Q131: A buyer just paid $50.98 for a