1,262 Answered Questions for the topic finance

Finance

04/13/20

Help with finance question
Jack plans to take a 30-year fixed rate, 0 point mortgage at 4.625% to finance 80% of his new house with a monthly payment of $1,200. For simplicity, assume that there are no other fees or costs.... more
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Finance

04/13/20

help with finance problem. using ti-84 or formula
You are thinking about selling your fishing excursion company. You can sell it today for $176,000. Or, you can sign a ten year contract with the first mate, Kate, where she operates the business,... more
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Finance

04/12/20

Please help with Intrerest problem

John needs money in 15 years’ time to pay for his son’s university fees. He is considering three investments options: (i) A single amount of $13250.with interest compounded continuously (ii) 150... more
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Finance Math Investment

04/12/20

6 year investment with 11%
How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?I got $9,490.91. My partner got $5,076.65. Who's right and why?
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Finance Math

04/12/20

Annual return on retirement
A business owner plans to deposit his annual profits in an investment account earning a 9% annual return. If the owner starts with their first deposit today for $22,000 and expects to make the same... more
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Finance Annuity

04/12/20

What is present value of annuity?
What is the present value (PV) of a 12-year lease arrangement with an interest rate of 7.5 percent that requires annual payments of $4,250 per year with the first payment being due now?I got... more
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Finance

04/11/20

How do I solve this problem?
Jay Jenkins takes out a 10.5% simple interest loan today that will be repaid 6 months from now with a payoff amount of $4000. What amount is Jay borrowing?
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04/10/20

investment income
How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?Please give me the formula and/or show steps so that I can work... more
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Finance Investment

04/10/20

How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?
How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?
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Finance Algebra 2

04/09/20

how to write a piecewise function application
you have a job where you make $10 per hourafter you work 40 hours you get payed time and one halfyou may only work a max of 60 hourswrite a piecewise function that represents your pay for up to 60... more
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Finance

04/06/20

You have a Treasury Bond that pays $100 one year from today and $1100 two years from today. What should the price of your bond be?
You notice that the yield to maturity on a one year-zero coupon treasury bond is 1% and the yield to-maturity on a two year-zero coupon treasury bond is 2%
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04/06/20

amount of selling half shares
if you just state that what is first step, will be good too :) On November 1, 2019, Mike opened an account and deposited $20,000. He invested this money in 1,000 shares in Crazy Growth mutual fund... more
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Finance Economics

04/05/20

How much should a father invest at the time his daughter is born in order to provide her with $50,000 at age 21? Assume that the interest is 8% compounded semiannually

How much should the father invest?
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Finance

03/28/20

Diane has $1.55 in dimes and nickels. She has a total of 19 coins .How many of each kind does she have?
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Finance

03/25/20

Related Rates Math Question
A cubic box (6 inches in length) is filled with water in exactly in 3 minutes. How fast does the water level rise in a room measured to be 10 feet by 12 feet by 8 feet (LxWxH) the moment the water... more
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Finance

03/19/20

Corporate Finance Question
Kingston Development Corp. purchased a piece of property for $2.79 million. The firm paid a down payment of 15 percent in cash and financed the balance. The loan terms require monthly payments for... more
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Finance Economics

03/16/20

Which is an example of an investment?

getting a partner to contribute to a business receiving a loan from a bank buying shares in a company following the rise and fall of the stock market
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Finance Math

03/13/20

$67,253 USD with 2% interest every month from June 1998 to March 2020, how much do you have today?
For example:A company owes you $67,253 USD with 2% interest every month,from June 16 1998 to March 16 2020.How much do they owe today, including inflation over the years?
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Finance Banking Loan

03/13/20

If i take loan on 3/11/20 for $5k, 36 months, apr 10.25%. How did they cal that mo pay is $162.82 for 1st 35 mo & final pay 36 mo is $162.79? What formula do they use or how they get that calculation?
The total finance charge is $861.43. Payments are due monthly. The daily rate is 0.028082. The first payment due date is 4/30/20. The payment is at the end of each month.
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Finance

03/02/20

Perpetuities - Annuities
A perpetuity pays $2X one year from today. The payments increase by 5% per year thereafter. The effective annual interest rate on this perpetuity is 6%. The present value is $32,400. A second... more
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03/01/20

Inflation Adjusted Savings
You need $75,000 in today's dollars for a purchase in 3 years. You expect that your savings will earn 7% compounded annually, and inflation will be 4%. You will make 3 equal annual deposits... more
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Finance Math

02/24/20

If you deposit $5,339 into a fund (today) that earns 6% interest compounded monthly,what minimum payment can you withdraw at the end of each month for 5 years so that the account has a $0 balance.

If you deposit $5,339 into a fund (today) that earns 6% interest compounded monthly,what minimum payment can you withdraw at the end of each month for 5 years so that the account has a $0 balance.  
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02/23/20

Need help solving "Xa*9.6%+(1-Xa)*7.8%=8.88%"
"Xa*9.6%+(1-Xa)*7.8%=8.88%"i need the answer for finance, i'm having trouble get the answer
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02/20/20

Sam is making his 1st Registered Retirement Savings Plan contribution.he wants to calculate its max and his 2019 personal income tax return ?
It is February 13, 2020 and Sam just turned 18 year’s old (resident of Quebec). He has been working part-time since he was 16 year’s old and is looking at making his first Registered Retirement... more
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02/17/20

Future value in 30 years
Anna has just become eligible to participate in her company’s retirement plan; she is excited as her company matches her contributions dollar for dollar in this plan. The plan averages an annual... more
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