Scenario #2: Pamela Pamela is also a saver. She sets aside $100 per month during her 40 year career. She invests in the US stock market
through an index fund that averages a 7% return over this 40 year period.
5.
What is the total balance in
the account after 40 years?
6. How much of the total did
Pamela contribute herself?
7. How much money did Pamela
make through compounded
returns in this investment
account?
8. Why is Pamela's total balance so much greater than Raul's even though she contributed the same amount as
he did?

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

The monthly payment m of a loan of amount p for y years with an interest rate r can be calculated by the formula: m = p(r/12) 1 â’ (1 + r/12)â’12y calculate the monthly payment and the cummulative total payment for a $100,000 loan with an interest rate of 4.85% if taken out for 10 years, for 11 years, etc., up to a 30 year term. display the results in a three-column table where the first column is the number of years, the second is the monthly payment, and the third is the cummulative total payment. note: use format bank; for this problem. also, remember to represent the interest rate as a decimal (e. g. 0.0485) 2. a torus-shaped water tube is designed to have a volume of 8, 000in3 . the volume of the tube, v , and its surface area, s, are given by: v = 1 4 ď€ 2 (a + b)(b â’ a) 2 s = ď€ 2 (b 2 â’ a 2 ) if a = kb, determine s, a, and b for k = 0.2, 0.3, 0.7. display the results in a table

What is the difference between the contractual interest rate and the market interest rate?