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Financial Calculations
Page 2
Questions (327)
1. Michael Koepler received his bank statement and canceled checks for October. His previous balance was $998.41. In October, he
4 answers
asked by
N.
1,325 views
Questions 1-5. Bryan invests $500 in an account earning 4% interest that compounds annually. If he makes no additional deposits
3 answers
asked by
Leah
1,235 views
Catherine borrowed $19,000 on June 20, at 10% interest. If the loan was due on September 17, what was the amount of interest on
4 answers
asked by
amy
2,822 views
Find the balance in an account that has $700 invested at 5.5% for 4 years compounded semi-annually.
4 answers
asked by
dylan
1,817 views
Bali purchases 75 shares of a stock for $37.75. In 7 years, he sells the stock for $3,190.19. He calculates his ROI, shown
4 answers
asked by
Anonymous
2,568 views
1.Julio bought a backpack for $39.95 and
2 belts for $17.99 each. The sales tax is 6.5%. How much did Julio spend for all the
16 answers
asked by
anonymous
3,003 views
Can anyone please show me the calculation for these problems: Burlin Company starts the year with $100,000 in assets and $80,000
4 answers
asked by
Peaches
2,202 views
find the FINAL BALANCE in each account. $35,000 at 6.25% simple interest for 3 years
$38,625.00 $41652.00 $38,550.50 $41,562.50
3 answers
asked by
Kaylen Mccray
497 views
Calculate the maturity value for an interest-bearing note of $28,500 for 118 days at 8%.
3 answers
asked by
Anonymous
3,945 views
Sophie borrowed $2000 at a simple interest rate of 15% for 3 years to repay the loan and has $900 in interest. If Sophie's
4 answers
asked by
Lara
910 views
Leslie bought a new car with a sticker price of $10,356. If she paid
6% sales tax, traded in her old car for $2,250, and made a
3 answers
asked by
puppy
979 views
You wish to deposit an amount now that will accumulate to $100,000 in 10 years. How much less would you have to deposit if the
3 answers
asked by
Sarah
1,045 views
Joanne and Ed Greenwood built a new barn with an attached arena. To finance the loan, they paid $1,261 interest on $52,600 at
4 answers
asked by
aisha
884 views
1. Macon Steinberg purchased a motor scooter with an installment loan that has an APR of 16 percent. The scooter sells for
3 answers
asked by
Katherina
1,786 views
You just won the Publisher's Clearing House Sweepstakes and the right to 20 after-tax ordinary annuity cash flows of
3 answers
asked by
gillianp
1,533 views
Jane Frost wants to receive yearly payments of 15000 for 10 years. How much must she deposit at her bank today at 11% intrest
4 answers
asked by
Scott Ingraham
1,704 views
A: A car towing service charges $150 to pick up the car and then $0.60 per mile to tow it. What is the greatest number of miles
4 answers
asked anonymously
121 views
The chief financial officer of a home health agency needs to determine the present value of a $120,000 investment received at
1 answer
asked by
Tim
260 views
Business Math Handbook that accompanies the course textbook to answer the question.
$140.10 per month Cash price: $5,600 Down
3 answers
asked by
Diana
460 views
8. A balance of $5,500.00 principal earns 3% interest, compounded annually. After 5 years, what is
the balance in the account? 9.
3 answers
asked by
Alicia
785 views
If refinishing your basement at a cost of $44,568 would add $18,520 to the resale value of your home, what percent of your cost
4 answers
asked by
jahnesha
2,296 views
how many years will it take for $4,000 to double at a simple intrest of 5%
4 answers
asked by
josiah
671 views
How many years will it take for $12,000 to grow to $15,000 at 5.75% compounded monthly?
3 answers
asked by
Ericka
476 views
Find the final amount of money in an account if
$ 6 , 300 is deposited at 2.5 % interest compounded quarterly (every 3 months)
3 answers
asked by
Jolie
574 views
Joshua borrowed $900,00 for 6o days at an annum simple interest rate of 5% how mush interest did he pay
1 answer
asked by
Thompson joe jr.
243 views
The equation I=Prt gives the amount of interest a bank account receives after a certain period. An individual invests $6,000
3 answers
asked by
lizzy
720 views
Martina made deposits of $2,000 at the beginning of each year for four years. The rate she earn is 5% annually. What's the value
3 answers
asked by
Diana
1,467 views
Answer the question by referring to the advertisement:
Multi-System CTV was $2198 is $1798 or $55 x 38 no deposit What is the
3 answers
asked by
Hanzalah
365 views
Joy receives a normal hourly wage of $18.60 and time-and-a-half for any overtime. On public holidays he receives double time
3 answers
asked by
Rachael
959 views
Last year Tom spent 20% of his money on clothes, the rest he spent on food, utilities, socializing and savings in the ratio 2 :
3 answers
asked by
Jade
787 views
How much simple interest would you earn for 5 years at 7% with a beginning principal of $8,000.00
A. $2,800 B. $3,200 C. $3,300
3 answers
asked by
Check me please.
1,032 views
Mike’s Sporting Goods sells elliptical trainers under two payment plans: cash and installment. Under the installment plan, the
3 answers
asked by
Kal Jay
1,181 views
I feel dumb for not knowing how to do this, but how would these numbers be converted into cents?
$.003253 per kWh. $0.00825
4 answers
asked by
Tessa
458 views
Suppose Frontier City Amusement Park bought a ferris wheel for $92,000. 42,512 people paid $2.00 each to ride the ferris wheel
2 answers
asked by
Edward
779 views
1. Shawn Fitzgerald finds a suitable property and agrees upon a selling price of $137,900. The mortgage company requires a 20%
3 answers
asked by
Nadia
1,875 views
4. Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$700 loan for 12 months at 15% 5. Find the
4 answers
asked by
Cece
1,048 views
Write a program to calculate the credit card balance after one year if a person only pays the minimum monthly payment required
4 answers
asked by
Anonymous
1,551 views
If you purchase an item for 1,272 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add -on
3 answers
asked by
Mark
364 views
charlie can not remember how much he financed to buy his car..
he does remember that his monthly payment is $200 and his add on
10 answers
asked by
HM
675 views
Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be
7 answers
asked by
apryl
2,159 views
If you purchase an item for $1,263 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on
3 answers
asked by
said
591 views
Find the future value of an annuity due of $100 each quarter for 2½ years at 11%, compounded quarterly.
5 answers
asked by
eek
964 views
A skier is trying to decide whether or not to buy a season ski pass. A daily pass costs $64. A season ski pass costs $300.
3 answers
asked by
wiggle
51 views
Joe has $10,000 to purchase a used car. If the sales tax is 7% and the fee for title and license plates is $200, what is the
4 answers
asked by
LeAnne
1,553 views
You are going to invest $5000 for 5 years. Choose the 3 scenarios which will yield the highest values.
Responses A interest rate
2 answers
asked by
poopy man
75 views
What model matches the situation: Maxwell’s bank account is currently in the negative by $47. He spent another $29 at the
2 answers
asked by
Fatima
38 views
How do you calculate gross profit?
Total all revenue and subtract income taxes. Add up all sales made for the period. Total all
2 answers
asked anonymously
67 views
diego puts $500 in a savings account the day his granddaughter is born. he plans to give her all of the money in the account,
1 answer
asked by
yes
130 views
What is the total cost of a 65$ meal with 8% sales tax and a 15% tip
1 answer
asked by
Answers Forever
51 views
Calculate the total amount that Kate will pay to the bank during this two years period
1 answer
asked by
Zama dladla
52 views
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