1,238 Answered Questions for the topic finance

Finance Money Income

10/15/19

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

10/14/19

Do you think the cost of an object reflects its true value? Why or why not?

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... more
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)... more
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... more
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)... more
Finance Math Algebra 2

10/10/19

Revenue Function

Find the maximum revenue for the function R(x)=373x - 0.9x2
Finance Algebra 2 Algebra

10/09/19

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 =
Finance Algebra 2 Algebra

10/07/19

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... more
Finance Math Algebra 2

10/03/19

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... more
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... more

10/01/19

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... more

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... more

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... more

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... more

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... more

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... more

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... more

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