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Interest Rates
Page 3
Questions (708)
1.The value of an investment grows from R2200 to R3850 in 8 years. Determine the simple interest rate at which it was Invested.
2
3 answers
asked by
MoNdlie
659 views
Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple
4 answers
asked by
Julian
1,797 views
at what rate converted every 3 months will a sum of money triple itself in 18 years and 6 months.
4 answers
asked by
gilbert
1,182 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
2,965 views
You put $400 in an account earns $18 simple interest in 9 months.What is the annual interest rate?
4 answers
asked by
Carnell
1,661 views
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and
2 answers
asked by
Dashawn
601 views
Carol Miller went to Europe and forgot to pay her $850 mortgage payment on her New Hampshire ski house. For her 55 days overdue
1 answer
asked by
jeff
385 views
1.A recent edition of The Wall Street Journal reported interest rates of 10.75 percent, 11.10 percent, 11.48 percent, and 11.75
3 answers
asked by
Jona
1,613 views
Kerry Stutsman has $500 in a saving account earning .45% interest. She is considering buying a 1-year certificate of deposit
3 answers
asked by
Anonymous
581 views
Two investments earn a total annual income of $2825. One investment is in a 6.75% annual simple interest certificate of deposit.
3 answers
asked by
ethan
673 views
For a given nominal interest rate, an unexpectedly low inflation rate ______ the real interest rate.
a. increases b. decreases c.
3 answers
asked by
Drew
1,288 views
Ann deposits $80,000 into an account that pays 2% interest per year compounded annually Jim deposits $80,000 into an account
11 answers
asked anonymously
114 views
What would rising demand for a certain type of car most likely lead to?
A. lower interest rates for all types of vehicles B.
3 answers
asked by
Pheoinx
151 views
You borrow $3,000 at 9% interest for two years
3 answers
asked by
Sandra
73 views
Assume that a one-year CD purchased for $2000 pays an APR of 4% that is compounded quarterly. How much is in the account at the
1 answer
asked by
Anonymous
117 views
Choose the correct answers.
Karla Kaufmann borrowed $750 at 12 percent for one year. She paid a $20 processing fee. The interest
3 answers
asked by
Aidin
109 views
Carol Miller went to Europe and forgot to pay her $1,000 mortgage payment on her New Hampshire ski house. For her 25 days
3 answers
asked by
Lexi
459 views
Suppose the borrowing rate r_B = 10\%r
B =10% compounded annually. However, the lending rate (or equivalently, the interest
3 answers
asked by
aaa-17
2,194 views
Suppose Johnny invests $41,745 into an account, which has been earning interest for many years and he now has a total of
3 answers
asked by
Kyle
2,581 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
The formula for a simple interest rate is I = PRT and Total Balance = P + I
The formula for compound interest is B = P × (1 +
3 answers
asked by
Jean
480 views
Allan buys a used car for his daughter by paying a 20% deposit and $275 per month for 4 years. If the car has a cash price of
4 answers
asked by
Maddie
484 views
Consider an account with an APR of 8.5%. Find the APY with daily compounding.
3 answers
asked by
Nate
653 views
Suppose we observe the following rates: 1R2= 8%, 1R2= 10%. If the unbiased expectations theory of the term structure of interest
3 answers
asked by
Maria
1,121 views
a man holds a note of $6,000 that has an interest rate of 13% annually the note was made on march 17 and is due november 11 he
3 answers
asked by
Reuben
907 views
If the two year interest rate quoted today is 8.75% and the one year interest rate quoted today is 7.0%, what would be the one
4 answers
asked by
keshi kumar
1,585 views
you invested $8000 between two accounts paying 7% and 9% annual interest, respectively. If the total interest earned for the
4 answers
asked by
Terry
2,386 views
a loan of $8,500 compounded quarterly for five years at 8% what is the effective interest rate for the loan
2 answers
asked by
Anoymous
630 views
8. Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years
3 answers
asked by
Anonymous
2,181 views
7. Forecasting interest rates Assume the current interest rate on a one-year Treasury bond (1R1) is 5.50 percent, the current
2 answers
asked by
Dashawn
1,019 views
Your firm is considering the following three alternative bank loans for $1,000,000:
a) 10 percent loan paid at year end with no
3 answers
asked by
Anonymous
527 views
Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR),
4 answers
asked by
Dan
1,420 views
When a local bank in Kansas City makes loans to its small business customers, it charges them an interest rate for borrowing
4 answers
asked by
Andrew
682 views
To buy both a new car and a new house, Tina sought two loans totalling $78,825. The simple interest rate on the first loan was
3 answers
asked by
Kimberly
486 views
You take out a loan to build a swimming pool in your new home's backyard. Your equal annual payments are 1/6 the amount you
3 answers
asked anonymously
47 views
What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter?
2 answers
asked anonymously
34 views
Which person is likely to pay the highest interest rate on a loan?
A. A person who makes the minimum payment on time each month.
1 answer
asked anonymously
86 views
3. Which of the following is a likely result of an increase in interest rates?
A. People are more likely to save money. B. Banks
1 answer
asked by
Hann
78 views
As a teacher aide, you would like to show students what happens when interests rates rise one percent on a 30-year loan. The
1 answer
asked by
Bincy biju
95 views
What is an interest rate?
A. a loan add-on B. a required bank fee C. a service provided by a retail store D. a special type of
1 answer
asked by
Pheoinx
103 views
Two investment options are as follows.
Choice 1: Payments of $ 2550 now, $ 3250 a year from now, and $ 4040 two years from now.
1 answer
asked by
Lexi
113 views
When one rents an apartment, one is often required to give the landlord a security deposit that is returned if the apartment is
1 answer
asked by
Lexi
103 views
The bank charges interest 14.5% per year on Kate's home loan
If the bank charges interest ever month , calculate the monthly
1 answer
asked by
Zama dladla
83 views
give me the chart of federal fund rate since 2000 to 2008
1 answer
asked by
sheo prasad
59 views
If money is worth 12% compounded quarterly, determine the single payment at the end of the fourth year that will replace a
1 answer
asked by
raul
51 views
Say that you (or your parents) are purchasing a new car for $22,358. The sales tax is 6.45%, the down payment is 10% of the
1 answer
asked by
Devlin
143 views
$844.52*
You borrow $10,000 to set up a Web hosting company, and you pay back a total of $13,000 after 24 months. What was the
1 answer
asked by
DeathStarRoman
115 views
Raffles Bank pays 4% simple interest on its deposit account, whereas Bugis Bank pays interest on its deposit account compounded
1 answer
asked by
olivia
317 views
Bank A pays 5% simple interest on its deposit account, whereas Bank B pays interest on its deposit account compounded monthly.
Fo
1 answer
asked by
financial
405 views
Suggon gives 400 dollars to Deze to loan and he dosen't pay it back in 4 weeks how much does the interest rate go up each day.
1 answer
asked by
Zillakami
177 views
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