1,238 Answered Questions for the topic finance
How can I make £1.25 every hour of the day, everyday, passively?
£1.25 x 24 = £30 £30 every day of the year = around £10,080 per year. These days making this amount of money online everyday can't be impossible. Thank you in advance.
Finance Math
10/14/19
Finanical Mathematics Question
Jimmy borrows $80,000 at 5.4%/a compounded monthly for a period of 30 years to build a treehouse. He is guaranteed that interest rate for 10 years and makes monthly payments of $449.22. After 10...
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Finance Math
10/14/19
Math help!! Finance
Suppose you want to have $300,000 for retirement in 30 years. Your account earns 9% interest.a) How much would you need to deposit in the account each month?b) How much interest will you earn?c)...
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Finance Math
10/14/19
math help!! Finance
You want to buy a $244,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan for the rest.a) How much is the loan amount going to be?b) what will your monthly payments be if...
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Finance
10/13/19
Which is the interest rate that a bank or lender is required by law to use: APR or Effective Rate?
And are they required to quote the annual rate (one compounding period)? So if you are offered a loan that the bank writes in fine letters would be compounded monthly: What happens to the rate (r)...
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Revenue Function
Find the maximum revenue for the function R(x)=373x - 0.9x2
Theodore invests a total of 23,500 in two accounts
Theodore invests a total of 23,500 in two accounts paying 5% and 9% annual interest, respectively. How much was invested in eqxh account if, after 1 year, the total interest was 1,955
Finance
10/08/19
Finance question
If I put $330,000 into an account at age 62 with 4 percent interest compounded annually, but I took $2300 out each month, at what age would my balance be $0?
Finance Math
10/08/19
Simple Interest and Compound Interest
F = 10,709.41 r = 2% m = 12 t = 3 years P =
Jolene Invest Her Savings
Jolene invests her savings in two bank accounts, one paying 3 percent and the other paying 8 percent simple interest per year. She puts twice as much in the lower-yielding account because it is...
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Finance
10/03/19
Why should you wait until after your emergency fund is in place before you invest in retirement funds?
Please help! How much should you put in the bank every month if you are earning 2.5% interest compounded monthly?
You need to save money to go on vacation at Disney World. You figure it will take about $10,000 to take you and your family on this vacation. You want this money in 4 years. How much should you...
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Finance
10/01/19
Present value of investment question
Dorothy Taylor has won a state lottery and will receive a payment of $93,000 every year, starting today, for the next 20 years. If she invests the proceeds at a rate of 5.76 percent, what is the...
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Financial Algebra Word Problem
Sam invests the earnings of $3000 from her full-time job. She invests part of the money at 5%/year, and the rest at 4%/year. After one year, these investments earn $140 simple interest. How much...
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09/29/19
College algebra problem. Stuck.
Santos just retired, and has $870,000 to invest. A very safe Certificate of Deposit (CD) account pays 1%, while a riskier bond fund pays 5.5% in interest. Santos figures he needs $22,000 a year in...
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09/26/19
Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.)
Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.) P...
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09/25/19
3Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r%/year compounded m times a year.
Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.) P...
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09/25/19
Find the present value of the ordinary annuity.
Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) $150/month for 13 years at 3%/year compounded monthlyThanks!
09/24/19
Interest rate quarterly, finding dollar amount to satisfy the ending balance amount
Find how much money should be deposited in a bank paying interest at the rate of 5.5%/year compounded quarterly so that at the end of 3 years, the accumulated amount will be $50,000. (Round your...
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09/24/19
Compounded interest quaterly and continuously, Investing, Business
Having received a large inheritance, Jing-mei's parents wish to establish a trust for her college education. Seven years from now they need an estimated $130,000. How much should they set aside in...
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09/18/19
Increase sales price based on the discount I would like to offer
I would like to increase my selling price based on the discount I offer so I never drop below a threshold. For ExampleI sell an item at $100, which is the least I can sell at, but I would like to...
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