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Financial Mathematics
Page 3
Questions (2,309)
Find the present and future values of a constant income stream of $6700 per year over an 8-year period at an interest rate of
1 answer
asked by
Rachel
396 views
Yvonne put $4,000 in a savings account. At the end of 3 years, the account had earned $960 in simple interest.
A. how much does
15 answers
asked by
Anonymous
4,326 views
Fiona invested
$ 3000 at 6 % compounded continuously. At the same time, Maria invested $ 3200 at 6 % compounded daily. How long
2 answers
asked by
hhmv
539 views
Jose invests $3,250 at 6% interests compound annually. What will be the balance in the account after 3.5 years
A:$3,932.50
35 answers
asked by
Marlene
4,588 views
On May 12, Scott Rinse accepted an 8000.00, 12%, 90-day note for a time extension of a bill for goods bought by Ron Prentice. On
2 answers
asked by
Anonymous
887 views
What is the present value of an investment that will be worth $2000 at the end of five years? Assume an APR of 6% compounded
2 answers
asked by
Alexis
558 views
A newly couple has $15,000 toward the purchase of a house. For the type and size of house the couple is interested in buying, an
3 answers
asked by
Lillian
1,152 views
John invests $2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years?
• $3,272.50
7 answers
asked by
Agala
2,795 views
what is the future value of $2,000 in a bank account for 6 years at 4 percent compounded bimonthly
2 answers
asked by
dean
483 views
Peter and Marcia, both age 34, can each pay $650 a year each on life insurance for themselves. About how much is the face value
2 answers
asked by
kuol wor
72 views
Suppose Jose borrows $4,000 at an interest rate of 17% compounded each year assume that no payments are made on the loan find
2 answers
asked anonymously
101 views
Suppose that Jose burrows at an interest rate of 17% compounded each year assume that no payments are made on the loan find the
2 answers
asked anonymously
95 views
Suppose Jose borrows $4,000 at an interest rate of 17% compounded each year assume that no payments are made on the loan find
2 answers
asked anonymously
98 views
Suppose that $3,000 is placed in an account that pays 8% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
127 views
Supposed Susan places $9,000 in an account that pays 12% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
124 views
Use PMT equals StartFraction Upper P left parenthesis StartFraction r Over n EndFraction right parenthesis Over left bracket 1
2 answers
asked by
gaga
101 views
Find the value to which #30000 will amount in 5 years at 6% per annum simple interest.
2 answers
asked by
Ayomide
60 views
Calculate the simple interest on 6000 for 3 years at 12% per annum
2 answers
asked by
Vikun Lazarus
88 views
How much simple interest does 3000 yield in 2years at 8whole number 1over3%per annum
2 answers
asked by
Vikun Lazarus
131 views
whatbis the simple interest on #75 for 4 years at 2¹/² per annum
2 answers
asked anonymously
53 views
Financial maths hire purchase
2 answers
asked by
Lerato
126 views
Method of financial maths
2 answers
asked by
Lerato
103 views
Philani bought a scooter for R15 000. He paid 15% of the amount in cash and signed a hire-prchase agreement to pay the balance
2 answers
asked by
Learato
92 views
Bongiwe invests R12 000 in a savings account at 6.5% per annum compound interest. Calculate how much there will be in a savings
2 answers
asked by
Learato
102 views
Xavier takes out a loan of £940 the loan gathers compound intrest of 3% per month. After 2 years how much will he owe after 2
11 answers
asked by
lilly
79 views
The yearly depreciation of a certain machine is 15% of its value at the beginning of the year. If the original cost of the
2 answers
asked anonymously
71 views
Use the ordinary annuity formula to determine the accumulated amount in the annuity. Round to the nearest cent.
$1000 invested
2 answers
asked anonymously
140 views
Paula borrowed $5000 from her brother Mario. She agreed to repay the money at the end of 5 years, giving Mario the same amount
2 answers
asked anonymously
116 views
Emma takes out a loan of £1400.
It gathers simple interest at a rate of 2.5% per annum. She pays back the loan after 10 years.
2 answers
asked by
Antony Joseph
154 views
Find the simple interest on 208 Naira for 5 years at 3%
4 answers
asked by
Jennifer
78 views
A man invested 6000 for 4 years in a simple rate of 9% per annum. what is his amount at the end of the four years?
1 answer
asked by
Matthew
67 views
Use the present value formula to determine the amount to be invested now, or the present value needed.
The desired accumulated
29 answers
asked by
KEVIN
95 views
The effect of depreciation can be computed using a formula similar to the formula for compound interest.
a. Assume depreciation
2 answers
asked by
billy bob
685 views
If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11
4 answers
asked by
Brit
3,361 views
You deposit $9000 in a savings account that earns 3.6% annual interest compounded monthly. You also save $40 per month in a safe
6 answers
asked by
Anonymous
3,217 views
What is the rate of simple interest if $1560 is earned on a $5000 after 3 years? Round to the tenth of a percent.
1 answer
asked by
Mary
53 views
How much should you invest at 3.2% simple interest to earn $60 in 10months
1 answer
asked anonymously
83 views
If Jackson deposited $400 at the end of each month in the saving account earing interest at the rate of 6%/year compounded
1 answer
asked by
Tman
95 views
Pierce Publishing sells encyclopedias under two payment plans: cash or installment. Under the installment plan, the customer
1 answer
asked by
Tman
108 views
Steven borrows $10,000 from his uncle at a simple interest rate of 2%. He repays the loan in full after 3 years. How much money
2 answers
asked anonymously
79 views
Stephen borrows $10,000 from his uncle at a simple interest rate of 2%. He repays the loan in full after 3 years. How much money
2 answers
asked anonymously
95 views
A payment of \( \$ 2,760 \) is due in 60 days and another payment of \( \$ 2,770 \) is due in 175 days. Calculate the single
2 answers
asked anonymously
71 views
Mr Sooto makes an initial investment of 10000 for a period of 5years. Find the value of the investment after the 5 years, if the
3 answers
asked by
Tobhi
107 views
The ABC Building Society opened an account with a balance of 215 at the beginning of the year and closed it at the end of the
6 answers
asked by
Tobhi
83 views
A bank features a savings account that has an annual percentage rate of
r = 4.2 % with interest compounded quarterly. Connor
2 answers
asked anonymously
101 views
Find the rate at which naira 280, will earn naira 21.00k simple lnterest .
1 answer
asked anonymously
78 views
A $1.2 million state lottery pays $5,000 at the beginning of each month for 20 years. How much money must the state actually
3 answers
asked by
help plzzz
1,358 views
Victore French mad a deposit of 5000 at the end of ech quarter to book bank, which pays 8% intrest compounded quarterly. After 3
6 answers
asked by
Scott Ingraham
2,899 views
The football coach at the Midwestern university was given a 5yr employment contract that paid $22500 the first year and
19 answers
asked by
John
2,070 views
Ay-Jiuan deposits $700 into a savings account that pays %2 interest compounded annually. If Ay-Jiuan does not make any deposits
3 answers
asked by
Lila England
116 views
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Parent Categories (8)
Algebra
Applied Mathematics
Data Analysis
Math
Mathematics
Mathematics and Statistics
Problem Solving
Word Problems