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Financial Mathematics
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Questions (2,312)
Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple
4 answers
asked by
Matt
3,731 views
1. A 3,500.00 principal earns 3% interest, compounded semi annually. After 20 years, what is the balance in the account
A.
7 answers
asked by
Tia
2,777 views
***Solve exercise using present value
principal -1500 term of invesment(%) -4.5 Interest compounded - monthly present value ?
2 answers
asked by
math HELP!! please
521 views
Sally invests £8000 in a savings account .
The account pays 2.8% compound interest per year . Work out the value of her
7 answers
asked by
B_cant_do_maths
10,698 views
You deposit $2000 in an account earning 7% interest compounded monthly. How much will you have in the account in 10 years?
5 answers
asked by
Name
2,448 views
You borrow $2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end
5 answers
asked by
Mae
3,285 views
A sum of money,X was deposited in a saving account at 10 percent compounded daily on 25 july 1993. on 13 august 1993, rm600 was
4 answers
asked by
fizz
1,492 views
A person borrow $8000 at 2.76% simple interest per annum.The principal and interest are to be paid in 10 monthly installments.If
4 answers
asked by
Shahzaib
5,239 views
You borrow 1,200 at a rate of 4.5% for a period of 6 months How much will you repay at the end of 6 months?
A. 27 B. 54 C. 1,173
12 answers
asked by
Pablo
2,997 views
margaret Hillman invested $4,000 at 1.2% compounded quarterly for one year. find the futrue value and the interest earned for
4 answers
asked by
Anoymous
986 views
A person borrowed Rs.20,000 from a bank at a simple interest rate of 12 percent per annum. In how many
years will he owe interest
3 answers
asked by
Umer
190 views
Jimmy opens a savings account with a $200 deposit at the beginning of the month. The account earns 4.6% annual interest
3 answers
asked by
Amber
606 views
Bill takes a lot of $9,000 and an 8% simple interest rate for 6 years
How much interest will Bill pay after 2 years? How much
9 answers
asked by
Haley
4,181 views
A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the purchase price with semiannual
2 answers
asked by
Khoa
996 views
An investment of $3,000 is made at an annual simple interest of 5%. How much additional monery must be invested at an annual
3 answers
asked by
Anonymous
814 views
Heather has divided $8000 between two investments, one paying 8% and the other paying 6%. If the return on her investment is
5 answers
asked by
Scott
6,613 views
Guys please i need your help i am not getting the answer over the following questions.
1) Maria banked sh. 95,000 in her bank
3 answers
asked by
kelvin
679 views
Ms. Jackson borrowed $42,000 at 8.75% annual simple
interest to buy her house. If she won the Irish Sweepstakes exactly 1 yr
5 answers
asked by
Mike
3,125 views
Given interest of $11,900 at 6 percent for 50 days (ordinary interest), one can calculate the principal as: (Points : 1)
$1,428,0
3 answers
asked by
Anonymous
3,125 views
Dylan invested some money into his bank.
He agreed on a simple interest rate of 3% per annum for a period of 2 years. At the end
10 answers
asked by
Nathan
11,064 views
Find the final amount of money in an account if $9,300$ Is deposited at
5% interest compounded semi-annually and the money is
4 answers
asked by
Me
1,510 views
Find the interest earned by an account with $1,200 of simple interest of 4% for 3 years.
Find the percent markup. Round to the
4 answers
asked by
Jen
1,656 views
Find the sum to be invested now at 6% compounded monthly so as to accumulate RM8 888 in three years
4 answers
asked by
Farah
1,026 views
Find the difference between the simple interest and compound interest on 16000 for 3/2 years at 5 %per annum, compound interest
4 answers
asked by
VISHAL
737 views
Andrew borrows $79,500 for 5 months on 6.30% interest rate in his saving account. Calculate the simple interest?
11 answers
asked by
Anonymous
2,439 views
Mike has 700 dollars in a bank account. The bank account earns 4.5% interest, compounded annually.
a) Write an equation that
4 answers
asked by
lilly
665 views
Lee Holmes deposited $16,600 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee
4 answers
asked by
Lydia
3,024 views
Find the periodic payment R required to amortize a loan of P dollars over t yr with interest charged at the rate of r%/year
4 answers
asked by
Kristen
6,716 views
Lin borrowed $950 for a new laptop. She will pay $25.80 each month for the next 48 months. Find the simple interest rate for her
7 answers
asked by
Dana
2,243 views
You invest $5000 at 3% compounded monthly for 15 years. How much interest will you earn?
2 answers
asked by
Jenna
529 views
The combined yearly interest for x dollars invested at 12% and 30,000 - x dollars invested at 9% is
4 answers
asked by
Tae
5,134 views
suppose you are offered two identical jobs: one paying a starting salary of $40,000 with yearly raises of $2,000 and one paying
3 answers
asked by
charles
1,510 views
thomas borrowed $4800 to buy a new car. he will be paying $96 each month for the next 60 months. find the simple interest rate
4 answers
asked by
Cassandra
1,624 views
Antony spend one quarter of his net January salary on school fees he spent a quarter of the reminder on electricity bill and
3 answers
asked by
Maryann
237 views
A loan of $8,532 was repaid at the end of 12 months. What size repayment check (principal and interest) was written, if a 9.5%
2 answers
asked by
Maxie
611 views
A $15,000 debt is to be amortized in 12 equal semiannual payments at an annual interest rate of 11% on the unpaid balance.
2 answers
asked by
Haley
601 views
If a bank offers interest at a nominal rate of 6%, how much greater is the effective rate if interest is compounded continuously
5 answers
asked by
Anonymous
657 views
Find the interest to the nearest cent
Question #1 Amount: $5432 Annual Interest Rate: 6.2% Time: 3 years Question #2 $4500 at
7 answers
asked by
Kenya
1,143 views
You deposit $1000 into an account that pays interest at a 5.5% annual rate compounded continuously. After years, the balance in
3 answers
asked by
Mia
1,634 views
For your 21st birthday, your grandfather offers you a gift of $1000 today.
However, you have the choice of waiting 3 years and
4 answers
asked by
nutz77
2,192 views
Barry Newman's savings account has a balance of $2707. After 4 years, what will the amount of interest be at 5% compounded
4 answers
asked by
Anonymous
1,546 views
The cash price for a car was $7640. Gurtaj bought the car on the following terms : A deposit of 20% of the cash price and 36
5 answers
asked by
arzam
3,545 views
Eliot opens a savings account with $5,000. He deposits $50 every month into the account that compounds annually and has a 0.95%
3 answers
asked by
|-/
2,099 views
The average cost for a vacation is $1,050. If a family borrows money for the vacation at an interest rate of 11.9% for 6
7 answers
asked by
nessa
4,353 views
Construct a schedule for the amortization of:
(a) a debt of $15,000,000 with interest at 12% by 5 equal annual payments. (b) a
2 answers
asked by
Gibbons
1,061 views
*** is my answer
When calculating intrest on a cd you ____? A. multiply the principal by the intrest rate B. multiply the
1 answer
asked by
Kamryn
480 views
Determine the regular payment amount, rounded to the nearest dollar.
The price of a home is $160,000. the bank requires a 15%
2 answers
asked by
marie
742 views
Find the ordinary interest in a loan of Rs.2600 at 10 % simple interest from January 5 to February 10.? Find the present value
3 answers
asked by
Mian g
981 views
Consider the Black-Scholes-Merton model for two stocks:
dS1(t)=0.1S1(t)dt+0.2S1(t)dW1(t) dS2(t)=0.05S2(t)dt+0.1S2(t)dW2(t)
3 answers
asked by
RVE
914 views
a sum of money invested at a simple interest rate R increases to 5/3 times the original sum after 5 years. The value for R is?
4 answers
asked by
Jay
854 views
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Parent Categories (8)
Algebra
Applied Mathematics
Data Analysis
Math
Mathematics
Mathematics and Statistics
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