1,236 Answered Questions for the topic finance

Finance Algebra 2

01/26/19

If I borrow $100 at 18% apr for 90 days, how much must I repay?
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Finance Math

01/21/19

How much is $4000 principal earning 6% compound annually after 5 years?
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Finance Math Mathematics

01/15/19

Please help, it’s finance
Rob has a job that pays $14.35 per hour for a 40-hour work week. He is paid time and a half for every hour over 40 that he works in a week. What will his gross pay be for a week in which he works... more
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Finance Math Mathematics

01/15/19

Finance help, please!
Brett is paid $18.95 per hour with time and a half for overtime. What will his gross pay be for a pay period in which he worked 42 hours one week and 36 hours the next week for a total of 78 hours?
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Finance Math

11/26/18

Math for Liberal Arts - Finance
Steve's credit card has 21% (annual) interest rate, compounded daily. If he has $3000 charged on the card and does not pay it the first month, and he has to pay interest for 14 days, how much... more
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Finance Math

11/26/18

Math for Liberal Arts - Finance
Sam invested $60,000 in an account which earns 8% compounded quarterly. How much will be in the account in 8 years?
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Finance

11/17/18

What is the valency of the metal represented by x in the compound
Please i am begging i don't no how to find x of XOH
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Finance Math

10/31/18

My friend earned $360 on an investment of $642. How much would $749 would have earned in the same invedtment?
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Finance

10/24/18

Journal the following merchandise transactions.
Sold merchandise on account, 74200 with terms 2/10, n/30. The cost of the merchandise sold was 43300 for March 1. Received payment less the discount on March 9.
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Finance

10/22/18

Tony Ring wants to attend Northeast College...
Tony Ring wants to attend Northeast College. He will need $60,000 5 years from today. Assume Tony's bank pays 8% interest compounded semiannually. What must Tony deposit today so he will have... more
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Finance Algebra

10/11/18

I need help with a Finance Problem
Julie and Kristen are the partners in a local sporting goods shop. They needed $51,000 to start the business. They invested in the ratio 5:12, respectively. a) how much money did each invest b)... more
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Finance Math

10/10/18

Samuel borrows $5543 from Eric for 14 years. If the annual compound interest rate on the loan is 6.4%, how much will Samuel have to repay at the end of the loan?
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Finance

10/08/18

Suppose that you borrow ​$3000.00 from a friend and promise to pay back ​$5400.00 in 4 years. What simple interest rate will you​ pay?
Question from mymathlab
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Finance Math

10/05/18

You want to be able to withdraw $40,000 each year for 30 years. Your account earns 6% interest.
You want to be able to withdraw $40,000 each year for 30 years. Your account earns 6% interest.a) How much do you need in your account at the beginning?$b) How much total money will you pull out of... more
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09/24/18

Need verification on my answer please.
Inventory is valued at:   a.) price b.) cash c.) cost d.) profit e.) margin   Note: My answer is cost because in general it should be valued at acquisition cost.
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09/24/18

Need verification on my answer please.
Which statement accumulates all that you own and all that you owe?   a.) cash flow b.) balance sheet c.) profit and loss d.) sales projection e.) income   Note: I'm leaning more towards... more
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Finance

09/19/18

How long will it take 1000 1000 dollars to double if it is invested at 9 9 % interest compounded semi-annually?
Trying to calculate this question.
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Finance

09/09/18

Finance problem
A sum of $27 comma 500 was invested in three mutual funds. In one year, the first fund grew by 4%, the second by 5%, and the third by 7.5%. Total earnings were $1630. The amount invested in the... more
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Finance

08/21/18

Use the future value formula to find the indicated value. n equals 24​; i equals 0.03​; PMT equals $ 82​; FV = ?
Just need a quick answer to finish up work, thank you!
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Finance

08/11/18

7. Sorry, you didn’t win the lottery, but here’s a way you can still be a millionaire! Starting at age 22, every night you take $5 out of your pocket and put it
Sorry, you didn’t win the lottery, but here’s a way you can still be a millionaire! Starting at age 22, every night you take $5 out of your pocket and put it in a manila envelope (title it “Lottery... more
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07/09/18

he cost of a home is financed with a ​$130,000 40​-year ​fixed-rate mortgage at 5​%.
a. Find the monthly payments and the total interest for the loan     Prepare a loan amortization schedule for the first three months of the mortgage.
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06/03/18

Simple Interest question! Need answer
Andrew owes Nicola $500 in 3 months and $200 in 6 months both due with interest at 6%. Nicola accepts $300 now, how much will Andrew be required to pay at the end of 1 year, provided they agree to... more
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Finance

04/24/18

Solving for Values of Debt and Equity
Value of equity: D/E = 1.5. As value of debt = $1.05 million, the value of equity must be 2/3*1.05 million = $700,000   In this solution, how was 2/3 found to solve for equity?
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04/18/18

Find the amount of an annuity of $5000 payable at the end of each 3 months for 8 years, if money is worth 12% compounded quarterly
Math of investment annuities, fraction,simple interest
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Finance

04/18/18

I got 250m but the computers says it’s wrong! Please help!
box office sales for movie releases are widely reported and discussed. find out (approximately) what percentage of box office sales in the united states go back to the movie's distributor. the,... more
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