How many months would it take for a $5065 debt to increase to $6127 if interest compounds every 4 months at an annual rate of 5.9%?

How many months would it take for a $5065 debt to increase to $6127 if interest compounds every 4 months at an annual rate of 5.9%?

Andrew owes Nicola $500 in 3 months and $200 in 6 months both due with interest at 6%. Nicola accepts $300 now, how much will Andrew be required to pay at the end of 1 year, provided they agree to...

Value of equity: D/E = 1.5. As value of debt = $1.05 million, the value of equity must be 2/3*1.05 million = $700,000 In this solution, how was 2/3 found to solve for equity?

Math of investment annuities, fraction,simple interest

box office sales for movie releases are widely reported and discussed. find out (approximately) what percentage of box office sales in the united states go back to the movie's distributor. the, calculate...

Solve the problem. Assume that simple interest is being calculated in each case. Round the answer to the nearest cent unless otherwise indicated. Annie’s cafe borrows $8300 at 6% for 70 days...

Not sure how to do finance a really need help with this problem

the cost of petrol is $1.36 per litre. Petrol flows into the tank of a car at a rate of 1.45 litres per second. Daniel puts petrol into his car for half a minute. Work out the cost of Daniel's...

A student borrows $2000 for tuition to be paid back at a simple interest rate of 15% in 6 months. How much does she pay back in 6 months?

please solve. you win $100,000 and invest it in a GIC that earns 5% annum. when will it double in value

How much was your down payment?

Joe has determined he needs to have $800 for retirement in 320 years. His account earns 6 % interest. a. How much will you have in the account in 30 years? Round answer to the nearest peny. b...

How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%?

Pls and thank you

if i make 1,500 a month plus a 3 percent commision on sales what would my yearly salary be

Part 1. Suppose that between the ages of 23-45 you contribute 3000 per year to a 401k and your employer contributes 1500 per year on your behalf. The interest rate is 8.1% compounded annually. What...

What formula should I be using for this problem?

A student borrows $6000 for tuition to be paid back at a simple interest rate of 5% in 3 months. How much does hehe pay back in 3 months?

sarah is paying $2,400 to have a hot tub installed. she sets up an installment plan with the company that requires a 20% down payment. she currently has $500.25 in savings does she have enough to...

A bank offers a CD that pays a simple interest rate of 8.5%. How much must you put in this CD now in order to have 4,000 for a home-entertainment center in 5 years. PLEASE SHOW ALL...