859 Answered Questions for the topic finance

Finance Math

04/12/20

#### Annual return on retirement

A business owner plans to deposit his annual profits in an investment account earning a 9% annual return. If the owner starts with their first deposit today for $22,000 and expects to make the same...
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Finance Annuity

04/12/20

#### What is present value of annuity?

What is the present value (PV) of a 12-year lease arrangement with an interest rate of 7.5 percent that requires annual payments of $4,250 per year with the first payment being due now?I got...
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Finance

04/11/20

#### How do I solve this problem?

Jay Jenkins takes out a 10.5% simple interest loan today that will be repaid 6 months from now with a payoff amount of $4000. What amount is Jay borrowing?

04/10/20

#### investment income

How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?Please give me the formula and/or show steps so that I can work...
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Finance Investment

04/10/20

#### How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?

How much will you have saved after 6 years by contributing $1,200 at the end of each year if you expect to earn 11% on the investment?

Finance Algebra 2

04/09/20

#### how to write a piecewise function application

you have a job where you make $10 per hourafter you work 40 hours you get payed time and one halfyou may only work a max of 60 hourswrite a piecewise function that represents your pay for up to 60...
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Finance

04/06/20

#### You have a Treasury Bond that pays $100 one year from today and $1100 two years from today. What should the price of your bond be?

You notice that the yield to maturity on a one year-zero coupon treasury bond is 1% and the yield to-maturity on a two year-zero coupon treasury bond is 2%

Finance Financial Accounting

04/06/20

#### amount of selling half shares

if you just state that what is first step, will be good too :) On November 1, 2019, Mike opened an account and deposited $20,000. He invested this money in 1,000 shares in Crazy Growth mutual fund...
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Finance Economics

04/05/20

#### How much should a father invest at the time his daughter is born in order to provide her with $50,000 at age 21? Assume that the interest is 8% compounded semiannually

How much should the father invest?

Finance

03/28/20

#### Diane has $1.55 in dimes and nickels. She has a total of 19 coins .How many of each kind does she have?

Finance

03/25/20

#### Related Rates Math Question

A cubic box (6 inches in length) is filled with water in exactly in 3 minutes. How fast does the water level rise in a room measured to be 10 feet by 12 feet by 8 feet (LxWxH) the moment the water...
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Finance

03/19/20

#### Corporate Finance Question

Kingston Development Corp. purchased a piece of property for $2.79 million. The firm paid a down payment of 15 percent in cash and financed the balance. The loan terms require monthly payments for...
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Finance Economics

03/16/20

#### Which is an example of an investment?

getting a partner to contribute to a business receiving a loan from a bank buying shares in a company following the rise and fall of the stock market

Finance Math

03/13/20

#### $67,253 USD with 2% interest every month from June 1998 to March 2020, how much do you have today?

For example:A company owes you $67,253 USD with 2% interest every month,from June 16 1998 to March 16 2020.How much do they owe today, including inflation over the years?

#### If i take loan on 3/11/20 for $5k, 36 months, apr 10.25%. How did they cal that mo pay is $162.82 for 1st 35 mo & final pay 36 mo is $162.79? What formula do they use or how they get that calculation?

The total finance charge is $861.43. Payments are due monthly. The daily rate is 0.028082. The first payment due date is 4/30/20. The payment is at the end of each month.

Finance

03/02/20

#### Perpetuities - Annuities

A perpetuity pays $2X one year from today. The payments increase by 5% per year thereafter. The effective annual interest rate on this perpetuity is 6%. The present value is $32,400. A second...
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03/01/20

#### Inflation Adjusted Savings

You need $75,000 in today's dollars for a purchase in 3 years. You expect that your savings will earn 7% compounded annually, and inflation will be 4%. You will make 3 equal annual deposits...
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Finance Math

02/24/20

#### If you deposit $5,339 into a fund (today) that earns 6% interest compounded monthly,what minimum payment can you withdraw at the end of each month for 5 years so that the account has a $0 balance.

If you deposit $5,339 into a fund (today) that earns 6% interest compounded monthly,what minimum payment can you withdraw at the end of each month for 5 years so that the account has a $0 balance.

02/23/20

#### Need help solving "Xa*9.6%+(1-Xa)*7.8%=8.88%"

"Xa*9.6%+(1-Xa)*7.8%=8.88%"i need the answer for finance, i'm having trouble get the answer

02/20/20

#### Sam is making his 1st Registered Retirement Savings Plan contribution.he wants to calculate its max and his 2019 personal income tax return ?

It is February 13, 2020 and Sam just turned 18 year’s old (resident of Quebec). He has been working part-time since he was 16 year’s old and is looking at making his first Registered Retirement...
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Finance Financial Accounting

02/17/20

#### Future value in 30 years

Anna has just become eligible to participate in her company’s retirement plan; she is excited as her company matches her contributions dollar for dollar in this plan. The plan averages an annual...
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02/17/20

#### 2019 tax payable

Max finished his PhD and graduated from university in December 2018. He entered the workforce on January 1, 2019 with a gross salary of $85,000 plus an immediate $5,000 signing bonus when he...
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Finance Math

02/16/20

#### Please Answer! YTM & Price

On December 20, 1994 the Nippon Telegraph & Telephone Corporation (NTT) issued ¥1 billion of 10-year debentures due December 20, 2004. The debentures carried a 4 3/4% coupon. They were priced...
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02/16/20

#### Convert Continuous Compounding to Semiannual

An interest rate of 3.75% per year, continuously compounded, is equivalent to what annual interest rate with semiannual compounding?

Finance Current Yield

02/15/20

#### Current yield...

Joe Plc issued a nine year bond in November 2011 with a coupon rate of 8% (face value = £100). In November 2016 (just after that year’s coupon had been paid) you bought the bond at a price of...
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