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... more
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... more
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... more
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... more
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%

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... more
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... more
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... more
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?
Finance Banking Loan

03/13/20

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... more

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... more
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

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... more

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... more

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... more
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... more

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... more

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