Pick an expensive item you want to buy within the next five years. Using current interest rates, find out how much you would have to save today. List the possible roadblocks to reaching...

Pick an expensive item you want to buy within the next five years. Using current interest rates, find out how much you would have to save today. List the possible roadblocks to reaching...

I am not sure what formula to use.

I am confused as to how to find the answer

Need help with some finite math it is college level math. need help asap

How much must you deposit today at 7% interest (compounded annually) for the next 10 years in order to be able to withdraw $30,000 per year (ordinary annuity) for four years, starting in 10 years...

does anyone know the formula for this question as well as the solved answer?

a man owes the following obligations a. 2000 due today, b 4000 due in 9 months with accumulated simple interest from today at 12% c. 10000 due in 2 years with accumulated interest from today at 10%...

on a loan of 623,000 with 5% interest on the declining balance payable quarterly over 3 years , I want to know the 12 quarterly payment amounts and total interest over the 3 y ears

This is an internal assessment for IB math :) Basically I want to determine how much money I need to deposit in the bank every year for 30 years if I want to have $1 million by...

What is the interest rate on a 4100 loan on a 12 month period that paid 246$ in interest?

High interest rates make it difficult for people to pay off credit card debt in a reasonable period of time. The interest I (in dollars) paid on a $10,000 debt over 3 years when the interest rate...

Here is the question: A student takes on $30,000 of debt in September 1 of 2016 at an annual interest rate of 8%. She makes no payments while in school. On November 1, 2019 she...

What is 50.00 a month at 2 percent interest for 7 year. how much at the end of 7 years

I need to find the PV of a 10-year future sum

In years, how long does it take to double the investment?

David wishes to deposit $2000 in a bank for 5 years. Two banks caught his interests. SBD BANK -8% simple interest for 1st year -4% simple interest for subsequent years CBCO...

One business has a large amount of debt on which it pays an annual yield of 10%. A competitor has no debt, and any excess money goes into the bank and earns an annual yield of 2%...

My finance class hasn't begun time value yet but it's part of our homework. Help?

I need help finding out the total interest paid over the life of the loan. Step by step, thorough and Please make it easy to understand. Thank you

Over the course of a year the two accounts earned a total of $554. How much was invested in each account?

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