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Financial Mathematics
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Questions (2,294)
I recently found a real-life advertisement in the newspaper. (Only the phone number has been changed.) Suppose that you have won
5 answers
asked by
Darlene
704 views
You have borrowed $8000 from the bank. Suppose you want to repay a fixed amount of money for each of the following n years
4 answers
asked by
akash
1,467 views
Five years ago, Umar deposited RM7,200 in an account that gave 5.2% simple interest per annum. Find the accumulated amount
5 answers
asked by
chun
635 views
the amount in an account which was opened 180 days ago is rm205.if the amount was offered a simple interest of 5 % per annum
5 answers
asked by
Lin
1,056 views
create the logic for a program that calculates and displays the amount of money you would have if you invested $5000 at 2
4 answers
asked by
Brian
3,736 views
you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the
7 answers
asked by
emma
11,463 views
1. A 3,500.00 principal earns 3% interest, compounded semi annually. After 20 years, what is the balance in the account
A.
5 answers
asked by
Tia
1,428 views
Suppose that your bank pays 10% interest, compounded semiannually. Find how much should be deposited now to yield an annuity
4 answers
asked by
Anonymous
737 views
You invest $500 at an annual interest rate of 6.75% compounded continuously. How long will it take y our money to double?
4 answers
asked by
George
2,475 views
What rate of interest compounded quarterly will yield an effective interest rate of 8%?
4 answers
asked by
Anonymous
2,741 views
How long it will take for an investment of 2000 dollars to double in value if the interest rate is 9.5 percent per year,
3 answers
asked by
Emily
865 views
Calculate the simple interest on R5000 loan for 3 years at 8.5%p.a interest
6 answers
asked by
Angel
222 views
Gabe placed $2000 in a certificate of deposit. He earned $10 in interest each month for the next 36 months. Find the annual
7 answers
asked by
Dana
1,798 views
An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the
3 answers
asked by
Rafiki
880 views
Convert the following credit card rate to the APR.
Oregon, 1 3/4% per month , = 1.75%?
4 answers
asked by
JONATHAN
497 views
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)
$950/month for 18 years at
2 answers
asked by
Anonymous
761 views
The table shows the amount of money in a bank account after a certain number of years. What is the initial value?
years: 1 2 3
1 answer
asked by
BRU
176 views
The table shows the amount of money in a bank account after a certain number of years. What is the initial value? the table is
4 answers
asked by
yabba dabba
113 views
Use the table to answer the question.
Years Amount 1 $1,080 2 $1,160 3 $1,240 The table shows the amount of money in a bank
4 answers
asked by
only in ohio
126 views
Suppose you buy a car with a value of $9,250. Each year the value of your car will depreciate by 5.1%. How much will your car be
11 answers
asked anonymously
87 views
Ethan deposits dollar sign, 480$480 every month into an account earning an annual interest rate of 4.5%, compounded monthly. How
1 answer
asked anonymously
23 views
Pat deposit $600 in his savings account at a simple interest rate of 6% per year for five years. How much money will Pat earn an
1 answer
asked anonymously
27 views
You have a balance of $500 on a credit card with a monthly interest rate of 2%. You make a payment of $15 when you receive your
1 answer
asked by
s
30 views
What is the value, after 7 years, of a 2014 Ford Mustang that originally costs $25,000.00 if it depreciates at a rate of 8% per
1 answer
asked anonymously
17 views
Melanie would like to have $25,706.30 in an ordinary annuity in 5 years. The annuity has a 10.8% annual interest rate, and she
4 answers
asked by
John
1,648 views
By the conditions of a will, the sum of P25,000 is left to a girl to be held in trust by her guardian until it amounts to
7 answers
asked by
Alyanna
12,342 views
An investment of $4000 is deposited into an account in which interest is compounded monthly. Complete the table by filling in
5 answers
asked by
mandy
7,337 views
A print shop borrows
$8400 from a credit union for 307 days. The credit union charges simple interest at an annual rate of 5.75%
15 answers
asked by
KEVIN
219 views
10. You deposit $520 in an account with 4% interest
compounded monthly. What is the balance in the account after 5 years?
4 answers
asked by
Name
2,097 views
Joe invests $10 000 in a savings account with compound interest x % per annum.
After 5 years, the balance in the account is $11
2 answers
asked anonymously
146 views
Suppose that $6,500 is placed in an account that pays 11% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
167 views
Find the simple interest on 30000 naira for 3½ years at 5%
1 answer
asked by
Daniel
93 views
You deposit $4000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
Use
5 answers
asked by
JESSICA
7,410 views
Suppose that a loan of 6,500 is given at an interest rate of 7% compounded each year assume that no payments are made on the
2 answers
asked anonymously
110 views
Suppose that $3,500 is placed in an account that pays 3% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
124 views
how much money is invested at 5% compounded continuously for 3 years will yield $820?
7 answers
asked by
jerson
14,380 views
You deposit $800 in an account that pays 5.5% annual interest compounded
continuously. Find the balance at the end of 5 years.
3 answers
asked by
sofia
1,477 views
Jessica wants to accumulate $14,000 by the end of 5 yr in a special bank account, which she had opened for this purpose. To
4 answers
asked by
Salvany
2,332 views
Find the amount of time required to double a dollar investment at 7.72%, if the interest is compounded continuously.
4.49 years
4 answers
asked by
Anonymous
2,201 views
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited
2 answers
asked by
Krishneel
1,012 views
Greg took loan for 7500 charged interest at a simple annual rate of 4.7% total interest he paid was $141 how long was the loan
2 answers
asked anonymously
123 views
After how many years will 600 naira amount to 636 naira at 4% per annum simple interest.
2 answers
asked anonymously
95 views
Lisa deposits $10,000 into an account that pays simple interest at a rate of 6% per year Scott deposits $10,000 into an account
2 answers
asked anonymously
188 views
Peter made a deposit of R6000 into his savings account. One year later he made a second deposit of R1000. How much is in his
1 answer
asked by
Tobhi
99 views
A 20-year-old student decided to set aside $100 on
his 21st birthday for investment. Each subsequent year through his 55th
2 answers
asked by
NEED HELP!!!!
1,244 views
If the initial investment of 1000 doubles in value in 9.8 years find the rate for continous compounding.
so the formula would be
1 answer
asked by
cade
424 views
Solve the following problem:
Kate bought a car for $20,000. A study shows that a car will depreciate (go DOWN in value) by 15%
4 answers
asked by
hello
614 views
A certain loan program offers an interest rate of
7% , compounded continuously. Assuming no payments are made, how much would be
2 answers
asked by
KEVIN
95 views
Suppose $10,000 is deposited into a savings account earning 2% interest compounded quarterly. Find the balance in the account 5
2 answers
asked by
gaga
117 views
Suppose $13,000 is deposited into a savings account earning 3% interest compounded semi-annually. Find the balance in the
2 answers
asked by
gaga
109 views
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