1,261 Answered Questions for the topic finance

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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07/17/19

Find the time required for an investment of $3000 to grow to $8000 at an interest rate of 6.5% per year, compounded quarterly. (Round your answer to two decimal places.)
Find the time required for an investment of $3000 to grow to $8000 at an interest rate of 6.5% per year, compounded quarterly. (Round your answer to two decimal places.)
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Finance

07/16/19

Find the accumulated value of an investment of $10,000 for 4 years at an interest rate of 5% if the money is
Find the accumulated value of an investment of $10,000 for 4 years at an interest rate of 5% if the money is? A. Compounded semiannually; b. Compounded quarterly; c. Compounded monthly d.... more
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07/15/19

A person invested #6000 at 9% simple interest per year. How long will it be before investment is worth 9000 or more?
A person invested #6000 at 9% simple interest per year. How long will it be before investment is worth 9000 or more?
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Finance Interest Annuity

07/13/19

Interest and Annuity
A man starts working a day after he celebrates his 23rd birthday. He wants to have a fund that could, from the date of his retirement at age 58, give him a benefit payment of $6000 at the end of... more
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07/12/19

Bonds and Force of Interest?
Studying for FM/2 and ran into this problem dealing with bonds;A 1,000 par value 3 year bond with annual coupons of 50 for the first year, 70 for the second year, and 90 for the third year is... more
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07/12/19

Why is nominal interest defined the way it is?
So if nominal interest is 12% compounded monthly, it is actually 1% compounded each month. It is not 12% effective year, though it is close (It is 12.7%) So why don't we/they say 1% compounded... more
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07/12/19

Perpetuity Immediate Present Value Question?
>A perpetuity-immediate pays $X per year. Brian receives the first n payments, Colleen receives the next n payments, and Jeff receives the remaining payments. Brian's share of the present... more
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07/12/19

Determine fair price of a digital option?
>A ***digital option*** pays one dollar at time $t = T$ if the asset price isabove a fixed level (strike) $K$ and is worthless otherwise. >Consider the followingmodel, with $r =... more
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07/12/19

Fair Strike of a 1 Year Forward?
Good day, I have been tasked with this question and I am unsure if my understanding and work so far is correct.>On January 1st 2018 AAA shares were trading at $30USD$ per share. >The shares... more
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07/12/19

Reinvesting the interest (generalized version)?
If I deposit \\$1 at $t=0$ into an account which credits interest at the end of each year at a force of interest $\\delta_t$ (assume it's integrable.) Then, if I reinvest the interest at an annual... more
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07/12/19

Isolating for i?
So this might seem a bit fundamental, but in financial math the following equation gives you the price for a bond$$P = C \\frac {1-(1+i)^{-n}} {i} + B(1+i)^{-n}$$where $P$ is the price of the... more
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Finance

07/12/19

Early Appliance Payoff
Marie relaxed her washer and dryer with a new set with a purchase price of $1450. She paid $150 down and financed the remainder over 2 years at 5.5% APR. Instead of making her 12th payment she... more
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Finance

07/09/19

What is the present value of CD with 4% annual interest that matures in 1 year with the value of $3000? What is the future value? What factor would determine which value you chose to use?
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07/03/19

What percentage of individuals fail the Series 7 exam?
The answer is around 50%. My level ofexpertise guarantees that you pass the exam the first time.
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Finance Algebra 2 Algebra

07/03/19

A $1,000 treasury bond with a current yield of 5.2% that is quoted at 107 points. The annual interest is what?
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06/26/19

Business Math Problem
You deposit $1,000 for 4 years at an interest rate of 2%. If the interest is compounded quarterly. how much money do you have after the 4 years?
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