1,236 Answered Questions for the topic finance

Finance Investments

11/23/14

trying to find how much was used for investments at varying percentages to get $795 in interest.

A man inested half his money at 5%, 1/3 his money at 4% and the rest at 3.5%. If his total investment income is $795 how much had he invested?
Finance

11/18/14

Valerie has a mortgage of 100000 at 11%/a compounded semi annually for 20 years. What is her monthly payment? After 20 years, how much interest did she pay?

Her mortgage is $100 000 at 11%/a compounded semi annually
Finance

11/16/14

financial homework, (what is back end ratio?) & how to find out Back end ratio

Angela has a monthly gross income of $3,000 and her expenses are $1,200. What is her back-end ratio?
Finance

11/16/14

AMORTIZATION QUESTION

Construct an amortization schedule for an $8000.00 loan with a 7% interest rate compounded quarterly. The loan will be paid back in one year making quarterly payments.   Is this lump sum or... more
Finance Finance Charge

11/13/14

finance question

You want to buy a car. To do so, you will need to take out a loan in the amount of $5,000. The longest you are willing to pay on the loan is five years. The interest rate on this type of loan is... more
Finance

11/09/14

Finance questions

1. You are a trust fund baby. Your trust fund is currently worth $1,234,000. The problem is the terms of the trust don’t allow you to receive any of the money until you are 27. You are now 21. The... more

11/05/14

Suppose the government engages in over production of a good. What are the likely effects on the private production of other goods? Explain.

Suppose the government engages in over production of a good. What are the likely effects on the private production of other goods? Explain.
Finance

10/29/14

Financing $25,000 at 7.5% (compounded monthly) for six years which formula should I use? I have these four to choose from:

Bank of America 30 year fixed rate 4.000% or 15 year fixed rate of 3.250%   First Citizens Bank 30 year fixed rate 4.125% or 15 year fixed rate of 3.375% Could you work it out for me? I'm stumped.
Finance Investment

10/28/14

setting up equation for apr

I am trying to come up with an equation to solve this problem: A company has $5000 to invest. They have their choice of several packages each package has a onetime fee and an annual interest rate.... more

10/24/14

homework help!?

Jaden received these two estimates from a moving company. Write and solve a system of equations to determine the hourly loading/unloading fee and the mileage charge for the truck rental.Situation... more
Finance Algebra 1

10/23/14

what method is used to calculate the monthly finance charge for the first major credit card?

i am having trouble with m y math i understand but not all the way i feel this proganm will helpm me understand

10/22/14

please help! this is due in a couple hours.

Use the interval 25%-30% to find the monetary range that is recommended for the monthly housing budget in each situation. Round to the nearest dollar.Meghan makes $1,500 per week.

10/22/14

financial literacy homework, help. Please explain

Use the interval 25%-30% to find the monetary range that is recommended for the monthly housing budget in each situation. Round to the nearest dollar.Mark makes $86,000 per year.
Finance

10/21/14

based on supply of money

given that money supply is ksh.1400millions,autonomous consumption is ksh.120 million, while the responsiveness of consumption to changes in disponsable income is estimated to be 80% by the... more
Finance Accounting Ebitda

10/09/14

Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other Expenses were $400. What was EBITD

 Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other Expenses were $400. What was EBITDA?
Finance Simple Interest

10/09/14

invests some money at 6%, and $2100 less than that amount at 5%. The investments produced a total of $214 interest in 1 year.

nico is saving money for college education. he invest some money at 6% and 2100$ less than that amount at 5% the invest of $214 interest in 1 year how much did he invest at each rate ? 

10/08/14

financial aid

Bob Forrester is retired and owns a home. Two years ago, Bob's net worth was $650,000. Last year, his net worth was $740,500. What is the approximate percent of increase or decrease between two... more

10/08/14

homework help with financial aid

Last year Liam Brown calculated his net worth.Consider Liam Brown's current situation as listed below. This year, Liam saw an increase of $34,800 in his net worth from last year.What reasons do you... more

Finance Time Value of Money Questions URGENT HELP NEEDED

Hello, Please help if you can. How do you solve these 4 (not the answers, just how to solve step by step ) thanks. 1. Calculate the future value at the end of twenty-five years of the following... more
Finance

06/09/14

$50,000 by the end of 10 years making equal annual end-of-year deposits over the next 10 years.earn 5 percent on investments, how much deposit

Xiao Li wishes to accumulate $50,000 by the end of 10 years by making equal annual end-of-year deposits over the next 10 years. If Xiao Li can earn 5 percent on her investments, how much must she... more
Finance Math Math Help

06/08/14

Financing Word Problem - HELP!

How much should Jethro invest now to have $10 000 in 3 years time? The money will be invested at 5%/ a compounded monthly.
Finance Math Math Help

06/08/14

Financing Word Problem - HELP!

If $350 grows to $500 in 3 years, what is the annual interest rate assuming that interest in compounded annually?

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