845 Answered Questions for the topic finance

05/09/20

You owe $35,000 on student loans at an annual interest rate of 4.15% compounded monthly. You want to pay off the loan in 13 years.

What will your monthly payments be?How much interest do you pay?

05/09/20

You want to buy a $168,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan at 7% annual interest compounded monthly for the rest.

a) How much is the loan amount going to be?b) What will your monthly payments be?c) How much total interest do you pay?d) Suppose you want to pay off the loan in 15 years rather than 30. What will... more

05/09/20

You want to buy a $202,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan for the rest.

a) How much is the loan amount going to be?b) What will your monthly payments be if the annual interest rate is 5%?c) What will your monthly payments be if the annual interest rate is 6%?
Finance Math

05/09/20

You can afford a $1250 per month mortgage payment. You've found a 30 year loan at 6% annual interest compounded monthly.

a) How big of a loan can you afford?b) How much total money will you pay the loan company?c) How much of that money is interest?
Finance Math

05/09/20

You want to buy a new car. You can afford payments of $375 per month and can borrow the money at an annul interest rate of 4.4% compounded monthly for 3 years.

How much are you able to borrow?How much interest do you pay?
Finance

05/08/20

You have $300,000 saved for retirement. Your account earns 5% annual interest compouonded monthly

How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?
Finance

05/08/20

problem i cant seem to solve

A corporate bond was issued a few years ago at face value of $1,000 with a YTM of 7% and quarterly paid coupons. Now with 12 years left until the maturity, the company has run into hard times and... more
Finance Investment

05/05/20

Rank these investment options based on risk

1.    Rate the following investments from a risk point of view (from highest to lowest risk) and a holding period of one year:a)    Buy and Hold an Equity Portfolio tracking the S&P 500b)   Buy... more
Finance Math Mathematics

05/05/20

Finance Math question

A company has been making snowboards for many years. The monthly overhead is $32,600 and each snowboard costs $379 in materials and labor to make. If these items are sold for $433(a) How many... more

05/04/20

Please Help with this Personal finance question?

A _____ _____ organization contracts with health care providers to provide care at reduced rates upon referral from the primary care physician.
Finance Economics

05/04/20

Which of the following is not a credit account?

a. credit cardb.charge cardsc.debit cardsd.revolving credit

05/04/20

Need help with my homework

Your ______ is a lender's assessment of your financial ability to repay a loan or meet your debt obligations.

05/04/20

Ok what is the answer to this finance question blank?

______ feature open, usually timed, competitive bidding for a product.

05/04/20

Your primary directive as a consumer is to?

a. live within your means. b. avoid buyer's remorse. c. shop for bargains. d. a. and b.
Finance

05/02/20

word problems Financial Literacy

1. Say you have $14,000 to invest into an investment account. You can either invest your money into an account with a 7% annual interest rate which is compounded quarterly, or an account with a... more
Finance

04/30/20

how do i solve this

Ali deposits 6000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 year?

04/30/20

Corporate Finance

In April 2014, Greece managed to sell some €3 billion in new five-year bonds at a yield of just 4.95%.Answer the following questions (show all calculations):Suppose a coupon of 4.75% (assume that... more
Finance

04/30/20

finance monthly payments

You would like to set up an annuity so that, after you retire, you can take out the interest from the maturity value every month to pay living expenses (you predit that you will need $1200 every... more

04/29/20

Please help on this Financing Question!

Please help! I am taking a financing class and if I fail this test I won't get my credits! An investment of $8,000 is made at 3.5% interest for 8 years. Determine the maturity value (rounded to the... more

04/29/20

Corporate Finance

In April 2014, Greece managed to sell some €3 billion in new five-year bonds at a yield of just 4.95%.Answer the following questions (show all calculations):Suppose a coupon of 4.75% (assume that... more
Finance Maths Revenue

04/29/20

Find the total revenue

Suppose a company has an advertising of $880000 in 2016, which represent 35% of their total revenue. What is the total revenue?

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