1,261 Answered Questions for the topic finance

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
Finance Algebra 2

01/26/19

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

Finance Math

01/21/19

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

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
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?
Finance Math Algebra 2

01/11/19

What am I doing wrong here?

Hey I have a problemI know this equation for present value of annuity: A=R(1-(1+i)-n / i (all except r divided by I)For my problem I need to find the amount of money I will pay per payment (R) for... more
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
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?
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
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.
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
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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