1,261 Answered Questions for the topic finance

03/08/21

Financial Literacy
A good friend of yours received $4000 from his Grandparents when he finished grade 10. He wants to invest it for two years and then use it to travel when he finishes grade 12. If he invests his... more
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03/08/21

Financial Literacy
Calculate how much interest you would earn if you invested $15 000 in a GIC that paid 3.1% compounded
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03/08/21

Financial Literacy
Using the rule of 72, to calculate how many months it would take an investment to double if the interest rate paid was 8%
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03/08/21

Financial Literacy
Determine how long it would take an investment of $25 000 to grow into $30 000 if the deposit earned 6% simple interest per year.
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03/08/21

Financial Literacy
Determine how long it would take an investment of $10 000 to grow into $11 400 if the deposit earned 7 percent
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03/08/21

Financial Literacy

Calculate the amount of simple interest for the following situation:Loan Amount: $11 100Annual Interest Rate: 1.11%Investment Time: 11 years
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Finance

03/07/21

The new time left to pay off your loan will be _ months? Thus, you reduce the amount of time remaining on the loan by approximately _ months?
 You have some extra cash this month and you are considering putting it toward your car loan. Your interest rate is 6.7%​, your loan payments are $606 per​ month, and you have 36 months left on... more
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Finance

03/01/21

Chelsea will fund her ira
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Finance

03/01/21

brandon will fund his 401(k) up to the match and then put the remainder in his roth ira
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02/23/21

How can I make a regular even small stream of income from the Stock Market?
Day trading or regular trading can help you build wealth. It's great if you start young.
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Finance

02/23/21

What is the maximum price Judy can pay for a vehicle?

Judy has $2,000 for a down payment on a vehicle, and she can afford monthly payments of $400. If lenders are currently offering 6% interest on 5-year loans
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Finance Portfolio

02/17/21

Holding period return

 Christopher purchased 200 shares of ABC stock at $21.25 per share. After nine months, he sold all of his shares at a price of $19.88 a share. Christopher received a total of $0.55 per share in... more
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Finance

02/14/21

How much you will pay

33. How much would you be prepared to pay for a $500 bond which comes due in 5 years and pays $80 interest annually assuming your required rate of return is 8% (pick closest answer)? 740660608500
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Finance

02/10/21

Compound annual rate of return

Claudia invested $2,000 at the end of the year for each of the last five years. By the end of the fifth year, she had accumulated $11,500. Her compound annual rate of return was: A) 3% B. 15% C. 6%... more
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Finance Math

02/10/21

Solve for the base. Round to hundredths when necessary. What is the base if the rate is 
 16.9% and the portion is 454?
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Finance Algebra

02/09/21

What is the total amount of the monthly payments for a $37,000, five-year loan with an APR of 12.25%
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Finance Math Sat Math Maths

02/09/21

Please show me the technique of these two ratio and percentage arithmetical problems without the use of calculator:
The price of an item decreases 16 2/3 % (50/3 % or 16.67%), so that 5 extra quantities of the items can be bought for 75 $. How much is the current price for each dozen (12) of the items? Two... more
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02/08/21

The labor productivity

An employee produces 15 parts during a in which he made $90 what is the labor productivity? a) $1350b) $90c)$0.167d)$5e)$6
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Finance Accounting

02/07/21

The Current ratio

A company's current ratio is 1.5. If the company uses cash to retire notes payable due within one year, this transaction would  the current ratio and  the return on assets ratio.(a) increase,... more
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02/07/21

Number of hours required

24) A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours would the plant have to work to produce 1000 parts?A) 8.9 b) 100c)... more
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Finance Economics

02/04/21

How much is the labor cost ?

company pays $ 30/day to each of its two workers. Each worker produces 10 units per hour in 8-hours day, the labor cost per unit is ?
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02/03/21

The annual interest rate on a credit card is17.99​%. If a payment of ​300 is made each​ month, how many months will it take to pay off an unpaid balance of ​2515.87?

You can assume that no new purchases were paid with the credit card. This is my last question on my homework and I've tried it a hundred times and I always get it wrong.
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Finance

01/31/21

Suppose you want to buy a $157,000 home. You found a bank that offers a 30-year loan at 4.5% APR.
1.What will be your monthly payment? (Round to the nearest cent.)2.How much would you end up paying the bank for the home after 30 years? (Round to the nearest cent.)3.Suppose you wanted to reduce... more
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01/29/21

Probability and statistics: Finances

I need help with this question for my probability and statistics class. I have no idea how to solve this. Question:How much must be invested in an account paying 5% APR (annual percentage rate)... more
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01/29/21

Probability and statistics: Finances
This question is for my probability and statistics class. I have no idea how to solve this, I really need help. Question:How long will you have to wait to buy a $215,000 house if you invest $25,000... more
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