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... more
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... more

03/02/19

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 Math Algebra 2

02/26/19

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... more
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... more
Finance Math

02/22/19

Math of finance

Finance Math Algebra 1

02/19/19

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?
Finance Math Algebra 2

02/19/19

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... more
Finance Math Algebra 1

02/18/19

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

02/11/19

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... more
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... more

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... more

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... more

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

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... more

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) ... more
Finance Math Algebra 2

01/31/19

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... more

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