1,246 Answered Questions for the topic finance

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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04/17/18

Which of the fowling affects one's car insurance preminum
The numbers of miles driven  The year the car was purchased  The vehicle's safety recorded  The color of the car
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04/16/18

College finance
Solve the problem. Assume that simple interest is being calculated in each case. Round the answer to the nearest cent unless otherwise indicated.Annie’s cafe borrows $8300 at 6% for 70 days. Find... more
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Finance

04/10/18

Derek buys a four year cd that pays 7.2% simple interest from bank of america for $250,00. find the value of the cd at the end of its term
Not sure how to do finance a really need help with this problem 
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Finance Ratios Rate Costs

04/06/18

work out daniel's petrol cost
the cost of petrol is $1.36 per litre.Petrol flows into the tank of a car at a rate of 1.45 litres per second.Daniel puts petrol into his car for half a minute. Work out the cost of Daniel's petrol.
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04/04/18

A student borrows $2000 for tuition to be paid back at a simple interest rate of 15% in 6 months. How much does she pay back in 6 months?
A student borrows $2000 for tuition to be paid back at a simple interest rate of 15% in 6 months. How much does she pay back in 6 months?
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03/25/18

NEED HELP WITH 2 CONSUMER MATH QUESTIONS
You have a mortgage payment of $1,248.90/month. Using proportions what is the minimum amount you must have in realized income per month to keep your housing expense in the acceptable... more
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Finance

03/23/18

you win $100,000 and invest it in a GIC that earns 5% annum. when will it double in value
please solve. you win $100,000 and invest it in a GIC that earns 5% annum. when will it double in value
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Finance

03/14/18

Suppose that 10 years ago you bought a home for $140,000, paying 10% as a down payment, and financing the rest at 7% interest for 30 years.
How much was your down payment?
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Finance

02/15/18

word problems
Joe has determined he needs to have $800 for retirement in 320 years. His account earns 6 % interest. a. How much will you have in the account in 30 years? Round answer to the nearest peny. b.... more
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Finance Investments

02/04/18

If we let x be the amount the woman invests in the 15% bond, how much in dollars will she be able to invest in the CD?
A retired woman has $90,000 to invest but needs to make $6,000 a year from the interest to meet certain living expenses. One bond investment pays 15% annual interest. The rest of it she wants to... more
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Finance Interest Rates

01/16/18

Future Value, Interest Rate
How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%?
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Finance

01/04/18

What is the future value? $5,000 invested for 10 years at 10 percent compounded annually?
 Pls and thank you
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Finance

01/02/18

how to figure yearly salary
if i make 1,500 a month plus a 3 percent commision on sales what would my yearly salary be
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Finance Word Problems

12/12/17

401k Math problem
Part 1. Suppose that between the ages of 23-45 you contribute 3000 per year to a 401k and your employer contributes 1500 per year on your behalf. The interest rate is 8.1% compounded annually. What... more
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12/04/17

Will I get flagged by IRS or the bank for too many Deposits/Withdraws
I recently opened a business, I sold some of my personal items to buy bitcoin. I've been putting as much as possible into it. However every few days ill deposit $2k-$3k into the bank but withdraw... more
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11/26/17

Math of Investment PB
Determine the accumulated value of monthly deposits of $770 each after 10 years if the deposits earn 9.9%/year compounded quarterly. Assume that the deposits are made at the end of each month and... more
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Finance

11/08/17

How many months will it take to pay off the $25,000 loan at $500 per month at 12% APR compounded monthly?
What formula should I be using for this problem?
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Finance

11/08/17

A student borrows ​$6000 for tuition to be paid back at a simple interest rate of 5% in 3 months. How much does hehe pay back in 3 ​months?
A student borrows $6000 for tuition to be paid back at a simple interest rate of 5% in 3 months. How much does hehe pay back in 3 months?
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11/06/17

sarah is paying $2,400 to have a hot tub installed. she sets up an installment plan with the company that requires a 20% down payment. she currently has $500.25
sarah is paying $2,400 to have a hot tub installed. she sets up an installment plan with the company that requires a 20% down payment. she currently has $500.25 in savings does she have enough to... more
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Finance

11/05/17

AMORTIZED LOANS
$500 are deposited into an account quarterly for five years at an interest rate of 7.7% compounded quarterly. How much is in the account at the end of the 5 years?     PLEASE SHOW ALL STEPS AND... more
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Finance

11/05/17

AMORTIZED LOANS
A bank offers a CD that pays a simple interest rate of 8.5%. How much must you put in this CD now in order to have 4,000 for a home-entertainment center in 5 years.   PLEASE SHOW ALL STEPS AND... more
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