1,239 Answered Questions for the topic finance

Finance Math

12/05/22

What is your monthly repayment?
Suppose that your unsubsidized Stafford loans plus accumulated interest total $ 35000 at the time you start repayment, the interest rate is 6% APR, and you elect the standard repayment plan of a... more
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Finance Math

12/03/22

Hannah places $ 7500 into an account earning 5.75% interest compounded continuously, how much will she have after 10 years?
Hannah places $ 7500 into an account earning 5.75% interest compounded continuously, how much will she have after 10 years?Final amount =
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Finance Math

12/03/22

Gina puts $ 4500 into an account earning 7.5% interest compounded continuously. How long will it take for the amount in the account to grow to $ 5150?
Gina puts $ 4500 into an account earning 7.5% interest compounded continuously. How long will it take for the amount in the account to grow to $ 5150?Time in years =
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Finance

12/03/22

evaluation of an investment opportunity
Your friend offered you an investment opportunity: with an initial investment of $1000 today, you will receive $500 at the end of each of the next 3 years.  Otherwise, you could earn 10%... more
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Finance

12/03/22

Under Bretton Woods, were capital account payments allowed to go across borders freely? Why?
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Finance Math

12/02/22

Find the annual simple interest rate of a loan, where $100 is borrowed and where $105 is repaid at the end of 14 months.
Find the annual simple interest rate of a loan, where $100 is borrowed and where $105 is repaid at the end of 14 months.Annual simple interest rate = ______
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Finance Math

12/02/22

Find the length of the loan in months, if $600 is borrowed with an annual simple interest rate of 9% and with $681 repaid at the end of the loan.
Find the length of the loan in months, if $600 is borrowed with an annual simple interest rate of 9% and with $681 repaid at the end of the loan.Length of the loan = _____________ months.
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Finance

11/30/22

This will be helpful if I could buy a home

A couple buys a $180000 home, making a down payment of 20%. The couple finances the purchase with a 15 year mortgage at an annual rate of 3.8%. Find the monthly payment.If the couple decides to... more
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Finance

11/30/22

I am struggling

Steve and Claire are married, and both lived and worked in North Carolina for the entire 2013 tax year. Their total adjusted gross income was $90,000 and they qualified for the standard deduction... more
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Finance

11/30/22

please provide help
A debt of $7,000.00 is to be paid off with 10 equal semi-annual payments. If the interest rate is 10% compounded semi-annual, what is the size of the payment?The semi-annual payment would be $.... more
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Finance

11/30/22

overworked tried in need of guidance

The Total Return on an investment is the relative change in the investment value over a given time period.Total Return=Ending Value−Initial ValueInitial ValueTotal Return=Ending Value-Initial... more
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Finance

11/30/22

brain is shutting down need help
You deposit $300 each month into an account earning 5% interest compounded monthly.a) How much will you have in the account in 20 years?b) How much total money will you put into the account?c) How... more
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Finance

11/30/22

loan money with interest

A friend lends you $390, which you agree to repay with 7% interest.How much will you have to repay?How much of that was interest?
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Finance

11/30/22

Thank you for helping me in advace
Recardo and Bisa have a new grandson. How much money should they invest now so that he will have $51,000 for his college education in 18 years? The money is invested at 5.1% compounded semiannually.
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Finance

11/24/22

Mathematics of Finance
A young man borrowed 150,000 at 12% interest and paid 20,000 per year for the last 4 years. How much will be his final payment at the end of the fifth year?
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Finance

11/13/22

Let’s say a financial institution buys 1,000 shares at $10/sh.  If they borrow the maximum amount allowed, how much will the equity portion of the purchase be and how much will be the debit balance
Let’s say a financial institution buys 1,000 shares at $10/sh. If they borrow the maximum amount allowed, how much will the equity portion of the purchase be and how much will be the debit balance
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Finance

11/13/22

In this example, a financial institution buys 100,000 shares at $10/sh.  The base rate is still 12% but the offset (for this large order) is 2%.  How much will the interest rate be?
 In this example, a financial institution buys 100,000 shares at $10/sh. The base rate is still 12% but the offset (for this large order) is 2%. How much will the interest rate be?
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Finance

11/11/22

A dealer purchased a car for $19500 and marked it up 15%. What is the sticker price of the car?
A dealer purchased a car for $19500 and marked it up 15%. What is the sticker price of the car?
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11/03/22

Income Statement for the first three months (revenues minus costs)
Below is the cost price for our stall products: Coffee Smoothie Choc Lava: RM7.90Dalgona Coffee Boba Milk: RM8.50Matcha Latte: RM5.90White Coffee: RM6.90Cappuccino: RM5.90Below is the selling price... more
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10/29/22

You're a business owner that takes out a home equity line of credit. The debt is the owner's, not of the business. How do you account for any money drawn out of the HELOC and put into the business?
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10/24/22

Adjusted Trial Balance Journal Entries

Could anyone explain how to put these adjusted balances into a journal entry?1. Accrued interest earned but not yet collected on the investments account (account #150) balance has been calculated... more
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10/23/22

Engineering Economics
A manufacturer can choose between two options:  Investing $10000 in upgrades today and earn $20000 per year for the next three years.  Do nothing and earn $16500 per year for the next three... more
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Finance

10/04/22

Finance annuity question
I am planning annual end-of-year withdrawals from my taxfree account after retirement for 30 years.Principal is $750,000,Investment return is 6%,my Initial withdrawal $40,000 and annual increase of... more
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Finance Homeschool

09/28/22

Can someone please help me with this? I would really appreciate the help!
Gross profit is found by subtracting the cost of goods from the _____, or net sales. A. selling price B. markup on costC. overhead D. net profit Would A. selling price be the correct answer? 
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Finance Math

09/28/22

MATH 105 (COLLEGE LEVEL) finical algebra compounding computations
Suppose that $2500 is placed in a savings account at an annual rate of 3.3%, compounded quarterly. Assuming that no withdrawals are made, how long will it take for the account to grow to $4500? Do... more
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