For this problem what I did was that I multiplied 100 x 34 = 3,400 and subtracted that answer with 5,086. The answer I got was 1,686 but my answer was wrong. How do I go about to solve this problem?

At the beginning of year 1, carlos invests $600 at an annual compound interest rate of 4%. he makes no deposits to or withdrawals from the account. which explicit formula can be used to find the account's balance at the beginning of year 5? what is, the balance?

Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two years. show all of your steps. use the formula, m = pm(1 + m)^na/(1 + m)^na - 1, as needed.

Millie decided to purchase a $17,000 msrp vehicle at a 4% interest rate for 6 years. the dealership offered her a $2700 cash-back incentive, which she accepted. if she takes all these factors into consideration, what monthly payment amount can she expect? a.$223.73b.$243.25c.$274.61d.$2 35.51