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Financial Mathematics
Page 8
Questions (2,302)
One bank pays 5.5 percent annual interest, while a second bank pays
4.5 percent annual interest. Determine how much longer it
3 answers
asked by
sean
2,081 views
Determine how much time is required for an investment to quadruple if interest is earned at a rate of 7.1% compounded
4 answers
asked by
Dee
759 views
Angela invests $2,550 at 3% interest compounded annually. What will be the balance in the account after 1.5 years?
(1 point)
3 answers
asked by
unknown Emo freak
120 views
Calculate the length of time for #800000 to earn # 15000 if invested at 10% per annum
4 answers
asked by
Faridah musa
181 views
Sam opened a money-market account that pays 3% simple interest. He started the account with $7,000 and made no further deposits.
4 answers
asked by
fsd
660 views
How much would you need to deposit in an account each month in order to have $20,000 in the account in 5 years? Assume the
4 answers
asked by
Laila
1,266 views
Find the present worth of the annuity paying P5,000 per month at a rate of 12% compounded quarterly forever.
(a) P505,050.50 (b)
3 answers
asked by
Mari
1,401 views
Find the present value of the ordinary annuity. (Round your answer to the nearest cent.)
$190/month for 14 years at 5%/year
4 answers
asked by
Luz
853 views
How many years will it take for $2000 to double at a simple interest rate of 8%? Explain how you found your answer.
4 answers
asked by
lathan
813 views
Calculate the length of time for $400 to earn $160 if invested at 8% per annum, thank you in advance.
4 answers
asked by
Eye Clinic
1,773 views
A depositor opens a new savings account with $ 8000 at 8 % compounded semiannually. At the beginning of year 3, an additional
4 answers
asked by
Laurie
800 views
To purchase two new copiers, a campus bookstore paid $1350 in interest on a 9% loan for 3 years. Find The principal
$1350/(0.09)(
4 answers
asked by
Petra
910 views
Calculate the present value of $1000 to be received at the end of 8years. Assume an interest payment rate of 5percent
4 answers
asked by
mary
2,273 views
Accumulate 3,200 for 2 years and 6 months at 5 1/2% simple discount.
3 answers
asked by
joan
829 views
tony towing borrows of $12,250 at 9.5% interest for 320 days if bank use exact interest method how much interest will the bank
5 answers
asked by
angela
2,271 views
An investment of $2500 is made at an annual interest rate of 5.5% .How much additional money must be invested at an annual
4 answers
asked by
Marcela Minoza
1,809 views
If $3000 is deposited at the end of each half year in an account that earns 6.2% compounded semiannually, how long will it be
4 answers
asked by
yeah
1,353 views
Tamara borrowed $6,000 at 6% and ended up paying $900 in simple interest. For how long was the loan?
4 answers
asked by
Saida
1,986 views
A landscaping company buys a new bulldozer for $61,000.00.
The company makes a down payment of $15,000.00 and finances the
3 answers
asked by
Lucy
157 views
The simple interest, in dollars, on $1600 invested at 9½% per annum for three years is
3 answers
asked by
Josh
542 views
The cost of producing an item is $500 at the break-even point. What is the income from selling the same item at the break-even
7 answers
asked by
Ace
2,254 views
Complete the table for a savings account in which interest is compounded continuously. (Round your answers to four decimal
4 answers
asked by
madison
4,476 views
Find the final amount of money in an account if $2,600 is deposited at 4% interest compounded annually and the money is left for
4 answers
asked by
Pek
3,422 views
Suppose you deposit $10,000 into an account earning 3.5% interest
compounded quarterly. After n quarters the balance in the
3 answers
asked by
bob
1,407 views
Determine the rate percent per annum if Rs6250 amounts to Rs6760 in six months interest being compounded quarterly.
3 answers
asked by
ana
517 views
Suppose $500 is deposited into an account that earns 6.5% annual interest and no more deposits or withdrawals are made.o
What is
3 answers
asked by
Ibra
1,695 views
Suppose that
$2000 is invested at a rate of 5.1% , compounded semiannually. Assuming that no withdrawals are made, find the total
4 answers
asked by
keena
2,115 views
suppose you invest a certain amount of money n an account that pays 11% interest annually, and 4000 more than that in an account
3 answers
asked by
Anonymous
1,373 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
3 answers
asked by
JJ
1,003 views
A home was valued at &73,500. It was insured for 80% of its value at a premium of &0.40 per $100. Find the yearly premium.
4 answers
asked by
john
817 views
calculate the compound interest on an investment of $45,000 at 6% interest compounded quarterly fro 3 years
3 answers
asked by
artyst
2,063 views
Determine how much money will be in a savings account if the initial deposit was $1000 and the interest rate is 4% compounded
3 answers
asked by
Lee Hatchett
974 views
suppose that $5000 is invested in an account with APR of 12% compounded monthly. find the future value of the account in 5
4 answers
asked by
Abb
746 views
Including a 9% sales tax, an inn charges $127.53 per night. Find the inns nightly cost before tax is added
3 answers
asked by
Rachel
3,454 views
You deposit $1000 in an account that pays 8% interest compounded semiannually. After 2 years, the interest rate is increased to
3 answers
asked by
Kelly
1,708 views
a kind benefactor sets up a prize in an international school. the benefactor donates $10 000. the school invests the money in an
4 answers
asked by
Anonymous
527 views
how long will it take to earn 525$ in interest if $3500 is invested at a 6% annual interest rate?
4 answers
asked by
meghan
1,192 views
What lump sum was deposited first in a bank that offers a 5% interest compounded monthly to be able to withdraw 4605 birr per
3 answers
asked by
zulfa
205 views
Write an algorithm to calculate compound interest
4 answers
asked by
Anonymous
1,787 views
Suppose the spot rates for 1 and 2 years are s_1 = 6.3\%s
1 =6.3% and s_2 = 6.9\%s 2 =6.9% with annual compounding.
3 answers
asked by
aaa-17
1,978 views
Faye borrowed $9600 at 8% per annum compound interest.caculate the interest on the loan for the first year.
6 answers
asked by
Lorriane
1,981 views
What would be the difference at the end of one year between the simple interest earned on a deposit of $450 at 4.5% and the
3 answers
asked by
tledet24
843 views
Calculate the amount when the principal is Rs.12550 and the rate of interest is 9% semi annually and the time is 2.5 years .
4 answers
asked by
Amit
1,358 views
Refer to Narrative 11-1. Calculate The compound interest on an investment of $7,500 at 8% intrest, compounded quarterly, for 8
3 answers
asked by
Anonymous
2,267 views
sofia deposits birr 3500 in a bank account paying an annual interest rate of 6%. find the amount she has at the end of the
4 answers
asked by
ashenafi
862 views
After 6 years, an account that earns 4% simple interest has earned $480 in interest. How much was the initial deposit?
4 answers
asked by
Janna
1,205 views
18. Kim deposited $1422 in a savings account. How much would she have in the account after 5 years at an annual simple interest
4 answers
asked by
Alicia
1,087 views
Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 1/2 year, she had earned $5.00 in
4 answers
asked by
Zoe
2,148 views
What sum of money lent at 25/2% per annum will produce the same interest in 4 years as ₹ 8560 produces in 5 years at 12% per
4 answers
asked by
Dev
1,946 views
A couple buys a $170000 home, making a down payment of 18%. The couple finances the purchase with a 15 year mortgage at an
3 answers
asked by
Abi
1,051 views
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Parent Categories (8)
Algebra
Applied Mathematics
Data Analysis
Math
Mathematics
Mathematics and Statistics
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