1,261 Answered Questions for the topic finance

Finance

06/24/19

You deposit $150 in a saving account that earns simple interest at a rate of 5.5% per year.How much interest will you have earned after 4 years
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06/24/19

How do I answer this?
Several years ago, Ned Stark borrowed $250,000 from the Bank of the Seven Kingdoms and used it to buy an apartment building. Mr. Stark, very busy visiting Winterfell, has not been able to rent any... more
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06/24/19

I need some help figuring this out...
Troy Acheman is a sports caster for Everyone’s Sports Presentations Nightly. While Troy was covering a professional football game from the sideline, the Birds famous wide receiver, Harry Race, ran... more
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Finance Algebra 2 Algebra

06/24/19

marginal cost of a product
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For​ example, if the marginal cost of producing the 50th product is​ $6.20, it cost​ $6.20... more
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06/22/19

Compounded Interest Continuously
How much would you need to deposit in an account now in order to have $6,000 in 15 years? Assume the account earns 3% interest compounded continuously.
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Finance

06/21/19

Treasury bond calculation

I have a $1500.00 Treasury bond with a current yield of 2.7% that is quoted at 113.7 points. I need to Compute the annual intrest. What is the equation and what do the points mean?
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Finance Math Business

06/21/19

Your friend promises you a perpetuity of paying you some money forever.If the first payment is at year 2, the first payment is $10 and PV0 for this perpetuity is $150, what is the interest rate?
The friend is paying money yearly. Please help me decide which formula to use and clear steps to take. Thanks!
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Finance Business

06/21/19

Your friend promises you a perpetuity of paying you some money every year forever. If the first payment is at year 1, r = 10% and PV0 for this perpetuity is $80, what is the first payment ?
Please state which formula to use, as well as step by step instructions. Thank you!
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Finance

06/20/19

who wants to be a millionaire?
Who Wants to Be a Millionaire? You just won $1 million dollars in the lottery! They offer you two options for your winnings: a lump sum payment right now, or $100,000 a year over the next 10 years.... more
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06/19/19

SOA Exam P Question: Exponential Distribution?
> Suppose you can borrow money at an annual interest rate of $8 \\%$ but can save money at an annual interest rate of only $5\\%$. If you start with zero capital and if the yearly cash flows of... more
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06/19/19

Annuity problem, calculating the accumulated value.?
There was an interesting problem that I would like to have some input from people who knows a bit of finance.The following is the situation.>Smith loans $\\$10,000$ for $i=5\\%$ for $10$ years. ... more
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Finance

06/18/19

calculating change of rate over course of a week
A stock experiences the following changes over the course of a week:Monday - grows by 6%Tuesday - declines by 4%Wednesday - grows by 10%Thursday - declines by 5%Friday - declines by 2%By what... more
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06/16/19

if the price change of cars parallels the change in the cpi. what would a car sell for in 2005 if a comparable model sold for $10,000 in 1990?

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06/15/19

A confusing question on sequences and series, please help!
A bank is undergoing financial crisis and every year their starting budget is half the value of the previous year. Supposing that the bank started with $1 000 000 in the first year and they spend... more
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Finance Math Algebra 2

06/15/19

Retirement math question

You want to be able to withdraw 25,000 from your account each year for 20 years after you retire. You expect to retire in 30 years. If your account earns 8% interest how much will you need to... more
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Finance Math Algebra 2

06/15/19

College math help
You have 500,000 saved for retirement. Your account earns 5% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 15 years? Round to the... more
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Finance Math Algebra 2

06/15/19

Annuities and Loans
I’m so sorry for my repeated questions but this is the last one of my difficult ones!You want to be able to withdraw 35,000 each year for 20 years. Your account earns 9% interest. Round your... more
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Finance Math Algebra 2

06/15/19

Annuities and loans
You want to be able to withdraw 40,000 each year for 15 years. Your account earns 8% interest. How much do you need in your account at the beginning?
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Finance Math Algebra 2

06/15/19

Annuities and loans

suppose you invest $150 a month for four years into an account earning 9% compound monthly. After 4 years, you leave the money, without making additional deposits, in the account for another 20... more
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Finance Math Algebra 2

06/14/19

one more math question

A company finds that if they price thier pens at p dollars each, then thier weekly revenue for the pens will be 1000p - 200p^2 dollars. If their weekly revenue is 1200 dollars which of the... more
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06/14/19

Business Mathematics
A clock manufacturer has a has a fixed monthly cost of $100 and a variable production cost of $75 per clock. If each clock is sold for $125, determine the annual profit or loss if the company sells... more
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06/08/19

compound intrest
alex opened a savings account 3 years ago with a starting balance of $50. Even though alex did not make any additional deposits into this account she earned additional $3.89 as interest compounded... more
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06/08/19

Finding interest
The prinicipal p is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of money. Assume 360 days in a year.P=$810 r=5% t=2 years
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Finance Accounting

06/02/19

Finance: Capital Cost
A new computer system that controls a manufacturing process for Cat Incorporated can be straight-line depreciated to zero over 7.00-years. The cost of the computer system is $300,000.00, and it... more
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06/02/19

finance: Project Cash Flows
Steamboat Springs Furniture, Inc., is considering purchasing a new finishing lathe that costs $55,624.00. The lathe will generate revenues of $96,772.00 per year for five years. The cost of... more
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