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Financial Mathematics
Page 10
Questions (2,294)
Complete the following using compound future value. (Round your answers to the nearest cent.)
Time- 14 years Principal- $17,500
3 answers
asked by
Vinny
712 views
your grandfather father put Br 1,000 into a special deposit to be paid to future grand child 60 years later ,in the year 2000.
5 answers
asked by
Anonymous
821 views
mr williams bought a plot of land for 40,000. the value of the land appreciated by 7% each year.
calculate the value of the land
2 answers
asked by
melesia
737 views
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both
3 answers
asked by
pauline
1,243 views
In what time will 1200 amount to 1344 at 6%per annum
4 answers
asked by
Anonymous
2,040 views
It cost Mr. Andrews 200,000 dollars to build a house. He sold it to Ms. Bond at a 10 percent profit. Later Ms. Bond sold it to
4 answers
asked by
Anonymous
2,931 views
Jennifer bought a brand new treadmill on a credit plan at BeFit Exercise Equipment. BeFit will charge her 15% per year
4 answers
asked by
Chad
1,298 views
19. The present value of the money in your savings account is $420, and you're receiving 3% annual interest compounded monthly.
2 answers
asked by
B.L.
498 views
you put 5,000 in an account that is compounded quarterly. the annual interest rate ,r, is 4%. how much will be in the account
3 answers
asked by
Josh
1,341 views
a plot of land is bought for $40000 and is appreciated by 7% each year what is the value of the land after a period of two years
3 answers
asked by
nefe
485 views
how much simple interest would you earn for 5 years at 7% with a beginning principal of $8,000.00
4 answers
asked by
dipper pines!!! big fan!!!
860 views
Stacy took out a loan for $15,000. Her note was for 300 days at 5% ordinary interest. On day 100 she made a partial payment
of
3 answers
asked by
karly
1,195 views
at the beginning of the day, the dow jones index was at $10,287.56. At the end of the day it was at $10,005.23. What was the
4 answers
asked by
nitachia
1,620 views
An account earns annual simple interest. Find the balance of the account.
$2000 at 9% for 6 months = $
3 answers
asked by
Caroline
1,835 views
Manually calculate the compound interest on a 13% loan of $1,600 for three years if the interest is compounded annually.
4 answers
asked by
Michael
573 views
Sara has $2,500,000 and can earn 12.50 percent per year. If Sara plans on retiring when she has tripled her money, she can
3 answers
asked by
Edith
704 views
A loan company charges $20 interest for a two-month loan of $325. Find the annual interest rate (APR) they are charging.
Round
4 answers
asked by
Victoria
2,964 views
Mr Joyce invested $ 25,000, part at 4% interest and the remainder at 7% interest. The total income he received from his
4 answers
asked by
Marina
704 views
Jennifer earned $249.60 in 6 1/2 years on a $640 investment. What was the simple interest rate?
3 answers
asked by
Trent
2,175 views
Find the ordinary interest to the nearest cent.
$19,000 at 12% for 101 days
3 answers
asked by
David
949 views
A total of $7000 is invested in three accounts. Some was invested at 6%, some at 8%, and the rest at 9%. find the amount
3 answers
asked by
Diego
1,366 views
Find the exact interest on a loan of $32,400 at 7% annually for 30 days.
4 answers
asked by
Anonymous
906 views
You are the financial manager at Best Buy where a certain TV set is normally sold for $2,500 and the full purchase price is
4 answers
asked by
Nancy
2,341 views
Fiona invested $1000 at 8% compounded continuously. At the same time Maria invested $1100 at 8% compounded daily. How long will
3 answers
asked by
Kendall
1,838 views
The formula for simple interest is where I is the amount you will pay in interest, r is the rate at which interest will accrue,
3 answers
asked by
Dan
1,172 views
25. Edith earns an annual gross salary of $17,500. She has 28% of her gross salary withheld for taxes and other deductions. What
3 answers
asked by
Noelle
1,050 views
the simple interst on $480 after 2 years is $72. the rate percent per annum is
3 answers
asked by
naral
465 views
find the exact amount of interest to be for accumulated 25000 at 81/4% for 60 days?
3 answers
asked by
deca
331 views
Amanda bought a car for $8,500. Her loan was for five years at a 4.6% interest rate. How much will Amanda pay for her car total,
4 answers
asked by
madog
1,290 views
A $15,000, 6%, 50-day note, dated November 8, is discounted at 5% on November 28. The proceeds of the note would be __________.
4 answers
asked by
Blndie
3,054 views
Approximately how long will it take an investment of $300 to triple, if the interest rate is 3.5% per year compounded
4 answers
asked by
Leyla
2,282 views
How long (in years) will it take your money to triple at an annual percentage rate of 5% compounded annually? Use logarithms to
3 answers
asked by
laurin
869 views
Suppose you deposit $1500 in a savings account that pays interest at an annual rate of 6%. No money is added or withdrawn from
3 answers
asked by
Chocolate
1,424 views
Franklin deposited $1,400 in a savings account that accrues simple interest at 6.75%. What is the balance in his account at the
4 answers
asked by
Anonymous
647 views
Janet Jones borrowed $3,000 on 90-day 12 percent note. Janet paid $250 toward the note on day 35. On day 80 she paid an
3 answers
asked by
Liz
1,049 views
Evelyn opened a savings account that pays 7.5% simple interest. She deposited $450.how much interest will evelyn earn after 3
4 answers
asked by
beto
487 views
Find the simple interest earned on an investment of $4,000 was $216. Find the interest rate.
4 answers
asked by
Tranesha
572 views
If you borrow $1,700 at 7% simple interest, how much interest will you pay?
A. $1819 B. $119 C. $7.00 D. $120 I got b but im not
6 answers
asked by
kayla
2,703 views
how long will it to earn $525 in interest if 3500. is invested at 65 apr?
4 answers
asked by
Conor
433 views
If $13,000 is deposited in a bank account paying 6% compounded quarterly, what amount will be in the account after 8 years? How
3 answers
asked by
samantha
659 views
a total of $ 14,000 is invested in two funds paying 4% and 5% annual interest. The combined interest is $620 a)write a system of
2 answers
asked by
LAnae
610 views
Bill deposited $520 in a savings account that pays pays 6% simply interest per year. How much will he earn in 1 year?
4 answers
asked by
Keisha
1,307 views
I need help calculating (a) the total installment price. (b) the carrying charges, and (c) the number of months needed to save
3 answers
asked by
Carly
1,194 views
Theo deposited $1,250 in a savings account that pays 6% interest,
compounded quarterly. What was his balance at the end of the
4 answers
asked by
AR
814 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
5 answers
asked anonymously
211 views
Instead of spending the $50 a month you receive, you decided to invest it in your money market account at your bank. Assuming
3 answers
asked by
Jamie
598 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
5 answers
asked by
that one dumb kid
89 views
Yvonne put $4,000 in a savings account. At the end of 3 years, the account had earned $960 in simple interest.
How much does she
3 answers
asked by
egger
112 views
Suppose you deposit $5,000 in savings account that earns 3% annual interest. If you make no other withdrawals or deposits, how
3 answers
asked by
Iwannaknow
168 views
Find the simple interest.
Principal: 2500 Rate: 10 1/2% Time in Years: 3 1/2
4 answers
asked anonymously
95 views
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