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Financial Mathematics
Page 6
Questions (2,292)
If the store purchases an item at a wholesale cost of $3.50 per item, and it is sold at a retail value of $5.00 per item. What
2 answers
asked by
alan
642 views
Question says
" Find the accumulated amount at the end of 9 months on an $800 deposit in a bank pating simple interest at a rate
4 answers
asked by
lijm
2,045 views
PLZZZ.. Help I just don't understand how to calculate this
A landlord wants to acquire an additional apartment building for
7 answers
asked by
Mary
2,848 views
Christina Hercher borrowed $50,000 on a 90 day, eight percent note. Christina paid $3,000 toward the note on day 40. On day 60
2 answers
asked by
Anonymous
600 views
Rebecka borrowed $3500, 5000, 3500,& 4500 from her dad on September 1 of each of four successive years for college expenses.
4 answers
asked by
Thara!
549 views
Find the time required for an investment of 5000 dollars to grow to 7900 dollars at an interest rate of 7.5% per year,
4 answers
asked by
Marina
2,492 views
How much interest is earned on $470 at 4% for seven years?
6 answers
asked by
princess
2,772 views
1.John deposited $40,000.oo in the bank and earned simple interest of 7% per annum for 2 years. calculate the amount he will
4 answers
asked by
Lindsay
866 views
Calculate the amount of interest on a loan of $3,200 at 6% interest for 60 days using the
ordinary interest method. A. $3.16 C.
1 answer
asked by
Anonymous
464 views
A $9,000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan.
4 answers
asked by
Thara
1,300 views
Find the interest in dollars and the proceeds for the following problem. Choose the correct answer.
Sue Shopper received a
4 answers
asked by
youngboss
1,930 views
Calculate the future value of the following:
o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at
4 answers
asked by
Kim
1,087 views
Amanda deposits $10,000 into an account that pays 3% interest per year, compounded annually. Sam deposits $10,000 into an
2 answers
asked by
Daniela
609 views
If you borrow $15,000 from your dad for college and you agree to pay him $25,000 back at 8% compound interest per year. How many
4 answers
asked by
Martin
953 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly.
5 answers
asked by
Sanderson sisters
657 views
This was originally posted on another student's thread.
Suppose that $2000 is loaned at a rate of 19% ,compounded semiannually.
2 answers
asked by
Ms. Sue
1,078 views
If 7000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank account
2 answers
asked by
Maddie
899 views
Gordon Rosel went to his bank to find out how long it will take for $1,900 to amount to $2,420 at 7.8% simple interest.
Please
4 answers
asked by
Ekanki
2,879 views
find the compund interest on $2500 for one year at 4% per annum compounded half-yearly.
which of these is correct? $2500(1 +
6 answers
asked by
minerva
1,252 views
On April 12, Michelle borrowed $5,000 from her credit union at 9% for 80 days. The credit union
uses the ordinary interest
5 answers
asked by
lynda
2,822 views
Find the rate at which N280 will earn N21.00 psimple interest for 2 and the half years
2 answers
asked by
Wendy
224 views
1.Seven years ago,Rocco's drum kit cost him R12500. It has now been valued at R2300.what rate of simple depreciation does this
4 answers
asked by
PerfecT
560 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
10 answers
asked by
Anonymus
159 views
Find the final amount of money in an account if $7,500 is deposited at 7 % interest compounded semi-annually and the money is
3 answers
asked by
Me
856 views
A man wants to buy a residential house valued at she.500000. A housing finance company advances him 90% of the amount. He repays
7 answers
asked by
Kate
1,622 views
$300 at 5% annual interest for 7 years
Find the simple interest earned in the account. A: $214.29 B: $11.67 C:$420.00 D: $105.00
10 answers
asked by
Zariah
3,642 views
saving bond currently worth $7600 collects 5.5% annual simple interest each year. if the bond was purchased seven yeara ago, how
4 answers
asked by
evan chen
3,004 views
Find the amount of the principal on a loan at 6% interest for 274 days if the interest was $68.50, using the ordinary interest
4 answers
asked by
Krystle
2,923 views
A sum of $7260 is invested at 11 1/4 % simple interest for one year. The amount, in dollars, that must be invested at 7 1/2%
5 answers
asked by
Matthew
2,479 views
calculate the compound interest on investing $600 for 2 years at 7% per annum
6 answers
asked by
lennox
1,986 views
Jenny bought scrapbooking supplies for $156.50. She paid $10.17 in sales tax. What was the sales tax rate on the supplies?
6 answers
asked by
Jacob
1,687 views
Chell lends $500 to a friend for 8 months. What simple interest rate should she charge if she wants to be paid back a total of
4 answers
asked by
v
882 views
If you deposit $10,000 in a bank account that pays 10 percent interest annually, how much money will be in your account after 5
6 answers
asked by
baby
3,821 views
How much must be deposited today into the following account in order to have $ 65000 in 7 years for a down payment on a
5 answers
asked by
Matt
2,512 views
Tom Newman took out a simple interest loan of $1,500.00 at 10 percent interest for 12 months. after 4 payments the balance is
4 answers
asked by
Nadia
2,052 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?
4 answers
asked by
chandice
3,403 views
a job pays a salary of $19,00 the first year. during the next 10 years the salary increases by 4% each year. what is the
5 answers
asked by
beth
1,682 views
Find the simple interest earned to the nearest cent for each principal interest rate, and time
$500,4%, 2 years
7 answers
asked by
Remi
2,559 views
1. Angelo wants to renovate his house in 3 years. He estimates the cost 300,000. How much must Angelo invest now at 8%
4 answers
asked by
mezell
1,546 views
An initial investment of $12,000 is invested for 2 years in an account that earns 4% interest compounded quarterly. Find the
4 answers
asked by
Amy
2,976 views
Find the principal using Bankers Rule if interest of RM100 was received at 3.5% simple interest rate for 150 days.
5 answers
asked by
chun
802 views
Kenny will invest $16,000 in an account with an annual interest rate of 5% and the interest is compounded quarterly. How much
4 answers
asked by
Hannah
1,547 views
Jillians parents bought a house for $450,000 and the value of the house has been increasing steadily by 3% each year. If
5 answers
asked by
Anonymous
1,514 views
Max Wholesaler borrowed $2,000 on a 10%, 120-day note. After 45 days, Max paid $700 on the note. Thirty days later, Max paid an
5 answers
asked by
bosco
4,330 views
Suppose you deposit $1000 in an account paying 4% annual interest, compounded monthly. How
much money will you have after 15
4 answers
asked by
leo
4,095 views
Mr.X invested a total of Rs.10,000 in three different accounts, the Accounts paid simple interest at an annual rate of 8%,9% and
4 answers
asked by
Ana...... :)
1,300 views
Nathaniel invested $2,900 in an account paying an interest rate of 5.4% compounded continuously. Assuming no deposits or
4 answers
asked by
jak
2,753 views
1. Rishi ram obtained an installment loan for $3,000.00. He agreed to repay the loan in 6 monthly payments. His monthly payments
4 answers
asked by
kk
1,233 views
You deposit $4000 each year into an account earning 6% interest compounded annually. How much will you have in the account in 30
4 answers
asked by
shay
4,919 views
Find the balance in the account after the given period.
$500 principal earning 4% compounded quarterly, after 6 yr a. $1,281.65
6 answers
asked by
Kaai97
4,533 views
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Parent Categories (8)
Algebra
Applied Mathematics
Data Analysis
Math
Mathematics
Mathematics and Statistics
Problem Solving
Word Problems