COMM101 Study Guide - Final Guide: Husky Energy, Blackberry Playbook, Signing Bonus

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Final exam tvm review questions: after graduation, you purchase your first car, a beautiful 2006 pontiac g6, named veronica. You sign a 36 month lease, with a ,000 deposit upfront. The residual payment at the end of the lease is ,900. Veronica leases at a rate of 1. 9% apr. How much are the monthly lease payments: ron celebrated his 18th birthday by opening a savings account at td canada trust and depositing. He continued to deposit the same amount on every subsequent birthday until he was 24 years old. After depositing on his 24th birthday, ron decided to abandon his savings plan but he left the remaining amount in the bank until he was 65 years old. The bank rate was 5% compounded annually when he was making his deposits and 7% semi-annually when he stopped depositing. What was his final lump sum: windy who is 20 wants to retire at the age of 60.

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