1,236 Answered Questions for the topic finance
Finance Algebra 2
03/04/19
College Algebra: Word Problems/Money
A bank invested $450,000 last year in mutual funds. The conservative fund earned 9% simple interest. The growth fund earned 14% simple interest. At the end of the year, the bank had earned...
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Finance Math
03/04/19
Word problem please help
A principal of $2100 was invested in the stock market. Some shares of World oil were bought at $7.50 per share. Some shares of Zinco Mines were bought at $3.25 per share. The total number of shares...
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BUSINESS MATH: HELP STUCK
Linda needs to have an annuity payment of $200, at the beginning of each year for 17 years. How much should she deposit now at 11% interest, compounded annually, to yield this payment?
Finance Algebra 2
02/28/19
Suppose that 5500 is placed in an account that pays 16% interest compounded each year assume that no withdrawal are made from the account find the amount in the account at the end of 1year
A question about The math Formula for "Balance after t Minimum Payments"
So to start of, the formula is Balance after t Minimum Payments= Initial Balance x (( 1 + r)(1 - m))tmy teacher is asking In the balance after t minimum payments formula we usually divide one of...
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Finance Word Problems
02/26/19
Think of an alternative financial agangement that might be more fair
It was señor Sanchez’s 75th Birthday. His theee children’s wanted to to throw him a big party to celebrate. The hall rental, mariachi, food, and decorations will cost a total of $4500. The brother...
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Finance Math
02/22/19
Math of finance
Shawna earns $550 per week. She gets 15% deducted for taxes. How much money does she pay in takes each week?
Shawna earns $550 per week. She gets 15% deducted for taxes. How much money does she pay in takes each week?
Investment word problem
Miguel invests $7600 in two different accounts. The first account paid 9 %, the second account paid 5 % in interest. At the end of the first year he had earned $496 in interest. How much was in...
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math compounded quarterly
You deposit $ 10, 000 in an account that pays 5.5 % interest compounded quarterly.A. Find the future value after one year.B. Use the future value formula for simple interest to determine the...
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Finance
02/17/19
How long will it take $2,000 to reach $4,800 when it grows at 12% per year. Need answer in years and months. Months rounded to 1 decimal place
Finance
02/12/19
Personal finance
A house worth $250,000 has a coinsurance clause of 90 percent. The owners insure the property for $191,250. They then have a fire that causes $80,000 in damage. How much will they receive from...
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Calculating the Coinsurance and Deductible
Use the following information as you answer the following questions. Patient: Zach Green Deductible: $750 Coinsurance: 80/20 Patient out-of-pocket expense maximum: $2000 1. During Zach’s first...
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Finance Math Problem
02/10/19
Simon takes home $2,100.00 after taxes. If he pays 21% of his pay before taxes in tax. What’s his gross pay.
Finance Algebra 1
02/09/19
Time Formula equivalent
What is the formula if a simple interest rate is equivalent to a discount rate timeline? The question is: If a simple interest rate of 21 % per annum, is equivalent to a discount rate of 19% per...
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Finance Algebra 2
02/07/19
My profit sharing check is $6,000, I only get the $6,000 if I work a minimum of 1850 hours. Under 1850 hours, I get paid less. I worked 1540 hours. How much will my profit sharing check be?
02/07/19
Financial Math Questions help me solve
A sum of $8 600 is invested in a bank account where interest is calculated at 15.5% per annum.a. If this sum is invested for 20 years, what amount will it come to at the end of this twenty-year...
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02/07/19
Fiance mathematics question
An asset is known to appreciate in value by 21% (simple interest) per year. It was purchased on May 1, 2012. If it was worth $90 000 at the end of 2012, how much was it worth when it was...
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02/07/19
Financial math question investment
How much do I need to invest today, at 8% per year, compounded monthly in a savings account in order to have $35 268 at the end of 17 years for my son’s four-year tuition at Ryerson University?
Finance Algebra 1
02/06/19
Maths compound interest problem
YouA man borrows Rs 10000 at 10% C.I. compounded yearly. At the end of each year he pays back 30% of the sum borrowed. How much money is left unpaid just after 2nd year?
02/04/19
Jack has $500 to invest. The bank offers an interest rate of 6% twice a year. How much money will jack have after 3 years? 10 years?
Use the following formula A=P(1+r/n)^nt
02/04/19
Balance Sheets and Income statements
Marble Construction has Accounts Receivable, Trade as follows on their balance sheets from 2004 and 2005:2004: 185,411,000 2005: 258,402,000Their Construction Revenue for those years, from...
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01/31/19
Help me please!
A particular state computed income tax, T (in dollars) on a person’s income, x (in dollars), by the following formula: T(x)=(0.018x if 0 ≤x≤5,000 90+0.025(x-5,000) ...
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John receives a loan for $16,000.
John receives a loan for $16,000. Three- fifths of this amount is spent on purchasing materials to dye the shirts and one-fourth of the remaining amount is spent on labour costs. What amount is...
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