1,238 Answered Questions for the topic finance

08/18/19

really need help please

A bank loaned out ​$11,000​, part of it at the rate of 9 % per year and the rest at 19 % per year. If the interest received in one year totaled ​$1500​, how much was loaned at 9 % ?How much of the... more
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08/15/19

please help me with this problem. i am having so much trouble
An acquaintance of one of the authors was about to take his startup internet company public. He owned 5% of the 900,000 shares of stock that were issued when the company was first formed.The board... more
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Finance Algebra 1

08/13/19

Interest rates?
Ray paid $108 in interest on a loan that he had for 1 year and 6 months. The simple interest rate was 12% per year. How much was the principal?
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Finance Algebra 2

08/13/19

Interest rates?
Jes wants to borrow $600 for a new game console and some games. Best Buy has a financing option where she can get everything today for zero dollars but has to pay $675 in 9 months. What is the... more
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08/13/19

Question description

Balu borrowed Rs.25,000 from Rathinam but could not repay the amount in a period of 5 years. Accordingly, Rathinam demands now Rs.35,880 from Balu. At what percent p.a. compound interest did... more
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Finance Algebra 2 Algebra

08/11/19

algebra math question
Jorge invested $28,000 into two accounts. The amount he put in his money market account was $2,000 less than twice what he put into a CD.
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Finance Math

08/10/19

Please help me...
Two investments totaling $58,500 produce an annual income of $3795. One investment yields 5% per year, while the other yields 7% per year. How much is invested at each rate?
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08/10/19

A business has two loans totaling $50000. One loan has a rate of 8% and the other has a rate of 12%. This year, the business expects to pay $4500 in interest on the two loans. How much is each loan?
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08/05/19

Find the accumulated value of an investment
Find the accumulated value of an investment of $10,000 for 7 years at an interest rate of 4% if the money is a. compounded semiannually ; b. compounded quarterly ; c. compounded monthly ;... more
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Finance Amount Invested

08/04/19

Find the amount invested at each rate. (total annual income interest given)
A church building fund has invested some money in two ways: part of the money at 3% and four times as much at 2.75%. Find the amount invested at each rate if the total annual income from interest... more
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08/04/19

An amount of 36000 is borrowed for 6 years at 8% interest, compounded annually. If the loan is paid in full at the end of that period. How much must be paid back.

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08/03/19

PLEASE HELP WITH PROBLEMS MULTIPLE CHOICE
1.Kevin's hydro-electric company charges a 1.7% late fee on an overdue balance. The company charged him $0.76 for an overdue balance. What was the balance on which this fee was based? A) $26.84 ... more
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08/03/19

I NEED HELP ASAP NEED TO HAND IN!
1.Heather makes regular contributions to her Registered Retirement Savings Plan (RRSP). Which investment schedule would provide for the greatest accumulated amount after one year?A) $1200 invested... more
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08/01/19

A ​$500 Treasury bond with a current yield of 4.1 ​% that is quoted at 107 points. The annual interest is.......?
What is the annual interest?
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Finance

08/01/19

Corporate Bonds
If your company were looking to issue a new 12 year corporate bond at face value, what coupon rate would you place on it if a similar bond in the market were priced at $1250 and has a 6.5%... more
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07/31/19

Monthly WIP Inventory
If your work in process inventory increases in a month what account would you credit?
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Finance

07/30/19

Puzzled about this
If I took out an insurance poiicy of $500. in 1970 what would it be worth in 2019?
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07/27/19

Nonannual compounding:

A) You plan to make five deposits of $1000 each, one every six months , with the first payment being made In 6 months. You will then make no more deposits. If the bank pays 4% nominal interest,... more
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Finance Math Precalculus

07/27/19

WORD PROBLEMS PLEASE HELP ASAP!
3. Henry buys a large boat for the summer, however he cannot pay the full amount of $32,000 at once. He puts a down payment of $14,000 for the boat and receives a loan for the rest of the payment... more
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07/24/19

Sales Cancellations getting deducted from Gross Revenue?
I'm trying to figure out how a sales cancellation would be deducted from the gross revenue portion of the P&L. If we took a deposit from a customer on a contract and then refunded said deposit,... more
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Finance

07/21/19

Annuity related question
Use the future value formula to find the indicated value.FV=11,000​; i=0.02​; PMT=$500​; n ?
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Finance Algebra 2 Algebra

07/19/19

How many sets of each model should be manufactured per day to maximize the profit?
A manufacturer of golf clubs makes a profit of $50 per set on a model A set and $55 per set on a model B set. Daily production of the model A clubs is between 20 and 50 sets, inclusive, and that of... more
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Finance

07/19/19

Does a group have to be a legal Non-Profit to receive PayPal donations?
Are groups allowed to receive online donations via PayPal, without being a registered 501(c)(3)?
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Finance Math Investment

07/18/19

Investment and compounding help
jane roznowski wants to invest some money now to buy a new tractor in the future. if she wants to have ​$350,000 available in 3 ​years, how much does she need to invest now in a cd paying 4.55​%... more
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07/17/19

How long will it take for an investment of $1000 to double in value if the interest rate is 8.5% per year, compounded continuously? (Round your answer to two decimal places.)
How long will it take for an investment of $1000 to double in value if the interest rate is 8.5% per year, compounded continuously? (Round your answer to two decimal places.)
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