Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :

As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,

Hence he need to invest $107,836.69 .
Answer:

Step-by-step explanation:

Answer:
multiply the givens. use a calculator
Answer: 40%
Step-by-step explanation:
If you divide 8400 by 14000. You will see that $8400 is 60% (.60 in the calculator) you need to subtract that from 100 to find the discount. 100-60= 40