1,261 Answered Questions for the topic finance

Finance Algebra

04/28/22

How much will Kimberly's minimum monthly payment increase if she still wants to pay off her credit card in 16 months?

Kimberly has a credit card with a 19% APR and a balance of $4,350. With her current monthly payment, Kimberly will be able to pay off the credit card in a mere 16 months. But when Kimberly's car... more
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Finance Algebra

04/28/22

how much has Jennifer lowered her minimum monthly payment?
Jennifer has a credit card balance of $4,350 that comes with a 19% APR.  She would like to have the balance paid off in the next 8 months, but she is having trouble making the monthly payments... more
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04/28/22

How to find the difference between cash and savings
Basically, I am trying to find what percent savings accounts for in this problem. However, I am stuck on what actually constitutes as "savings."Question Image Link: https://ibb.co/kJMtNgLObviously,... more
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04/27/22

Assuming annual interest rates of 3.6%
Assuming annual interest rates of 3.6% a) find the present value of a £700,000 payment you would receive in 7 years’ time. b) find the future value in 7 years’ time of £50,000 received now. Round... more
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04/26/22

How to find the amount of excess reserves a bank holds
How can I figure out how much excess reserves this bank holds with the given balance sheet? I understand that the you have to subtract the required reserves from the reserves held to get the excess... more
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Finance Algebra

04/25/22

how much additional monthly income would he require from his raise to pay off the credit card in 11 months?

Bobby has a credit card with a current balance of $3,200 and a 15% APR. With his current monthly payment, he will be able to pay off this debt in 16 months. But Bobby just learned that he is... more
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Finance Math

04/19/22

STRATEGY 1: SAVINGS EARLY PLAN
Assume that you are 22 years old and started saving for retirement on January 1, 2022. You plan to retire on December 31, 2064, when you are 64 years old. There are 43 years from the time you... more
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Finance

04/19/22

Questions for you
Do surgical technologist make a good salary?
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Finance

04/18/22

i cant answer this problem
Dividends Per ShareSeventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par... more
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04/15/22

Financial, Investing, and Operating Activities
This Information will be used for all questions: Selected Balance Sheet Information   Year 2020   Year 2021 Cash            40,000  ?  Accounts... more
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04/13/22

Business statistics
Temperature is used to measure the output of a production process. When the process is in control, the mean of the process is mean = 133.7  and the standard deviation is = 0.7.a. Construct... more
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Finance Math

04/12/22

Consumer Math (Savings)
You saved $30,000.00 and want to diversify your monies. You invest 40% in a Treasury bond for 3 years at 5.35% APR compounded annually. You place 10% in a CD at 4.75% APR for 3 years compounded... more
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Finance

04/11/22

What is meant by term liability? ( it is question from insurance chapter) so answer accordingly

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Finance

04/11/22

What is the purpose of life insurance?
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Finance

04/11/22

1 . How can individuals benefit from insurance ?

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04/10/22

Review the process of money creation under both endogenous theory
can i have specific answer? more details on it...
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Finance Calculus Algebra

04/09/22

An investment of $6,650 is made in an account compounded continuously at 5.7%. How much will the investment be worth in 10 years?
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04/04/22

Investment: You earned $462 after 1 year by investing $11,400 split into amount paying 2% and 3% annual interest. How much money was invested in each rate?
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Finance Business Maths

04/04/22

A question on Calculating present Value
a) The ideal management is considering between two projects A and B. Project A will require an initial outlay of Sh. 4 million and will generate Sh. 3.5 million per annum for the 8 years of its... more
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Finance Precalculus

03/27/22

Pre Calculus finance unit
Determine which of the following investments will have a greater rate of return.A. A five year $40000 GIC that earns an annual rate of interest of 6.5% compounded annually.B. A five year $10000 CSB... more
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03/27/22

Precalcus 12 fiancé and investing

Determine which of the following investments will have a greater rate of return.A. A five year $40000 GIC that earns an annual rate of interest of 6.5% compounded annually.B. A five year $10000 CSB... more
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03/27/22

Pre calculus Finance and investing

Bruce and Sharon are the same age and both had pension plans with their place of employment. Sharon started contributing $2500 per year at age 25. Bruce did not start making regular contributions... more
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Finance Precalculus

03/26/22

Finance and investments Pre calculus 12
Jovin and Simirin each received a different inheritance from their families. Jovin invested his inheritance that earned an annual rate of interest of 5.25% compounded quarterly for 20 years and now... more
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03/26/22

Pre Calculus 12 Finance-Investing money
If John inherited $200000 and wanted to grow it into $500000 in 25 years, what rate of annual interest compounded monthly would he need to earn his goal? Solve algebraically.
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Finance Math Mathematics

03/19/22

The maker of cardboard boxes leases a warehouse and pays $9,000 at the beginning of each month for 5 years.
The maker of cardboard boxes leases a warehouse and pays $9,000 at the beginning of each month for 5 years. If interest rates are 3.75% compounded monthly, what is the present value (in dollars) of... more
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