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Financial Calculations
Page 5
Questions (329)
Find the amount of the sales tax and the total cost.
Cost of item. Tax rate $800. 8%
1 answer
asked anonymously
37 views
The school has budgeted $2000 for end-of-year party at the local park. The cost to rent the park shelter is $150. How much can
1 answer
asked by
Help
31 views
Suppose that the local sales tax rate is 3% and you purchase a car for 27,700, how much tax is paid
2 answers
asked by
Anonymous
1,191 views
You are the accountant for Suite Dreams, a retail furniture store. Recently, an order of sofas and chairs was received from the
2 answers
asked by
brad
1,167 views
Please help me to solve it, today is mydue day !
Suppose an individual makes an initial investment of $2400 in an account that
3 answers
asked by
Thanh
1,152 views
a radio commercial for a loan company states: "You only pay 10 cents a day for each $500 you borrowed." If you borrow $2000 for
3 answers
asked by
Elle
1,111 views
Compute the compound quarterly amount after 1 year for $100 invested at 12% interest compounded quarterly. What simple interest
2 answers
asked by
matt
1,105 views
The relative growth rate for a certain type of mutual fund is 5.1% per year. An account is opened with a balance of $35,000. How
1 answer
asked by
kyle
1,060 views
I am confused:
if the math problem is asking me for the proceeds of$ note at a % discount for # of months. the anwser is the
1 answer
asked by
Haydee
1,049 views
How much would $4,800.00 compounded daily at 1.7% be after 6months?
2 answers
asked by
roger
978 views
A PERSON SAVES #3000 AT 4 1/2% COMPOUND INTEREST. SHE ADDS #800 TO HER AMOUNT AT THE END OF EACH YEAR. FIND HER TOTAL SAVINGS
1 answer
asked by
O.R-RONALDO
50 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly. Round
1 answer
asked anonymously
48 views
Is this answer correct?
Jeremy is in Grade 8. He has a paper route and wants to save for his college education. He determines
2 answers
asked by
Alicia
874 views
Bill takes a lot of $9,000 and an 8% simple interest rate for 6 years
How much interest will Bill pay after 2 years? How much
2 answers
asked by
fred
876 views
Calculate the final value after 10 years if you invest $5000.00 at 2.5% per annum, compounded annually.
4 answers
asked by
Rafiki
858 views
How much would you have to invest into a 5 year certificate of deposit paying 2.3% compounded weekly to make it worth $4500 at
2 answers
asked by
KAYLA
836 views
Really need help with this: You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's
2 answers
asked by
Sandy
815 views
Pedro earns 7.50 dollars an hour at his job at Matrix Cinemas. If he works 20 hours this week and his employer withholds a total
5 answers
asked by
Jack
746 views
Marie bought 8 pounds of apples for 0.82 per pound and paid for them with a ten dollar bill. How much should she get back in
2 answers
asked by
jazzi
714 views
q1.The balance on a car loan after 4 years is $8,996.32. The interest rate is 5.6% compounding annually. What was the initial
2 answers
asked by
kyle
712 views
As you and your spouse are discussing your monthly budget at the dinner table one night, you are both curious as to how much of
1 answer
asked by
emma
681 views
Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,800 at 12% add-on interest
3 answers
asked by
Urgen please help
718 views
suppose you invest $500 in a savings account that pays 3.5% at an annual interest. When will the account contain $650?
2 answers
asked by
Bob
690 views
Jessie buys his co-workers lunch from the local steakhouse the food costs $105.79 and the sales tax rate is 9% Jesse wants to
1 answer
asked anonymously
53 views
Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,600 at 12% add-on interest
1 answer
asked by
Ms Jackie
695 views
Tom invests $10,000 into two accounts, one paying 2% interest per year and the other paying 5% interest per year. He invested 3
2 answers
asked by
Taylor
671 views
Find the present value of $30000 due 14 years later at 7.8%, compounded continuously.
3 answers
asked by
rudy
633 views
I need help with these few questions on my homework please :)
1. How much money would you need to pay to receive a payout annuity
3 answers
asked by
Macy
640 views
Amortization of a $1000 Loan
Interest Monthly payment rate 15yr 20yr 25yr 30yr 9.5% $10.45 $9.33 $8.73 $8.41 10.0% $10.75 $9.66
4 answers
asked by
Jen
627 views
If $3,000.00 is deposited into an account paying 3% interest compounded annually (at the end of each year), how much money is in
3 answers
asked by
Sawa
634 views
a loan of 22,823 was repaid at the end of 12 months. What size repayment check (principal and interest) was written , if a 10.7
1 answer
asked by
beechst
613 views
The Crabby Apple restaurant lost $2000 in the month of January. If their net worth at the end of the month is -$200, explain how
2 answers
asked by
Monica
625 views
How much money would a man have to invest at the rate of 5% per year,to have $1470 at the end of the year??
2 answers
asked by
Fahmida Farjana
588 views
Question Jonathan took out a $25,000 student loan to go to college. The loan charges 5% interest compounded yearly. How much
1 answer
asked by
Hate my life
227 views
John Lee's savings account has a balance of $3427. After 9 months, what will the amount of
interest be at 4.6% per year?
3 answers
asked by
chandice
584 views
Suppose you deposit $5,000 in a savings account that earns 3% annual interest. If you make no other withdraws or deposits, how
1 answer
asked by
M
51 views
Question 2
Tries remaining: 3 Points out of 1.00 Not flaggedFlag question Question text Tom is going to buy a new Toyota Mercury
2 answers
asked by
Tyreice
589 views
On the June 12 interest payment date, the outstanding balance on Delta Nurseries’ revolving loan was $65,000. The floating
2 answers
asked by
Anonymous
571 views
A 7%,6O day note was discounted at 15 days before the maturity date. If the discount rate was 5.5% and the proceeds received
2 answers
asked by
fizz
557 views
A car dealer carries out the following calculations. What is the annual percentage rate? (Round your answer to the nearest
2 answers
asked by
Reggie
531 views
A bycicle store costs 2,800 per month to operate the store pays an average of 45$ per bike the average selling price of each
3 answers
asked by
Anonymous
539 views
Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest.
For year one For year two I
2 answers
asked by
Cassie
533 views
Abe Frill wants to attend AVP Tech. He will need to have $15,000, 7 years from today. How much should Abe put in the bank today
2 answers
asked by
Anonymous
530 views
Summary:
1. Simple Interest 2. Final Cost 3. Sale Price 4. Tax Amount 5. Tip Amount 6. Total Cost 7. Discount Amount a. Multiply
1 answer
asked anonymously
26 views
Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$800 loan for 12 months at 10%
3 answers
asked by
buffy
507 views
A department store purchases a dress for $50. To sell the dress to customers, the price is marked up by 15%. You hand the clerk
2 answers
asked by
Tiffani
507 views
Janet dreams to go on vacation in three years. How much should she invest now so that she will have $15,000 by that time if the
3 answers
asked by
Billy
493 views
How much would you pay for a jacket that cost $90 if the rate of sales tax is 8%
2 answers
asked by
stephanie
488 views
Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be
1 answer
asked by
Chris
512 views
What's the loan + interest for the following
1. 500naira for two weeks at 100naira per week. 2. 2000naira for 3weeks at 1naira in
1 answer
asked by
Simon
557 views
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