19 Answered Questions for the topic Financial Mathematics
Financial Mathematics
06/07/18
For Matilda's investment loan, what simple interest rate is equivalent to 5 years of the compounded interest rate of 6.5%
Financial Mathematics
Financial Mathematics
05/23/18
the length of a room is 19 1/2 feet when using 1/4 inch = 1 foot scale, what would be the length of the wall on a floor plan
Please help me, im struggling so bad
04/29/18
Financial Mathematics
Gabriella purchases a new car. The car's value in dollars, V, is modelled by the function V(t) = 12870 - k(1.1)t , t ≥ 0
t- the number of years since the car was purchased
k - constant
k =...
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02/14/18
Please Check my work: Use the formula for computing future value using compound interest to determine the value of an account at the end of 7 years
Use the formula for computing future value using compound interest to determine the value of an account at the end of 7 years if a principal amount of $2,500 is deposited in an account at an annual...
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02/03/18
[NVM I FIGURED IT OUT] You work a shift from 9.00pm to 5.30am, you get paid $11.40/h before midnight and $13.75/h after, what is your income?
This is kind of an easy question and for the most part I've figured it out,
(11.40 x 3 = 34.20
13.75 x 5__ = ____
add them together, etc.)
The problem I actually have is that I've completely...
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Financial Mathematics
12/20/17
What deposit made today will provide for a payment of $1000 in 1 year and $2000 in 3 years if the effective rate of interest is 7.5%
I dont understand how they got the solution.
Solution :
PV= 1000v+ 2000v3 at 7.5%= 2,540.15
v=1.075-1
Financial Mathematics
12/19/17
How much will 1 BTC will grow over a period of 30 days if it has a growth of 10% a day?
Tried using the usual compound interest formula, but I'm used to working with annual rates
Financial Mathematics Percentages
10/22/17
The price of a computer is reduced by 10%. by what percentage must the new price be increased, to restore the original price?
The price of a computer is reduced by 10%. by what percentage must the new price be increased, to restore the original price?
Financial Mathematics
05/23/17
One year, Kirsten received a holiday loading of $403.12. What was her normal weekly wage?
Assuming that the holiday loading is 17.5% of her annual wage
Financial Mathematics Annuity
05/22/17
Annuity Help - Financial Math
An ad in an electronics store window reads, “Big-screen television: Was $3270: now $2890, or $500 down and $122.81 for 24 months on approved credit.” What is the annual interest rate, compounded...
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Financial Mathematics
05/10/17
Word problem for Financial Math
Rick has $1375 to invest. He wants to buy into Yum! Brands Food. Their current price per share is $64.38. How many shares can Rick afford?
Financial Mathematics
04/30/17
His current office space is 9,842 9,842 square feet. The new space he is investigating is 145% of the size of his current office space.
survey of mathematics
Financial Mathematics
02/08/17
A sporting shop marks up its goods by 60%. If the marked price of a tennis racquet is $84, what is the cost price?
A sporting shop marks up its goods by 60%. If the marked price of a tennis racquet is $84, what is the cost price?
Financial Mathematics
10/16/16
calculating the volume of each type of juice, in a bottle 2.5L fruit juice.
pineapple juice is 78%, orange juice is 15.5%, passionfruit is 4.5% and guava juice is 2%. there is 2.5 L juice in the bottle. Calculate the volume of each type pf juice, rounding answers to the...
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Financial Mathematics
09/21/16
what will your salary be after 5 years.
your first job pays $30,000 a year. after the first year you will get a 3% raise. after the fifth year, you will get a 6% raise. what will your salary be after 5 years?
Financial Mathematics
08/01/16
samantha borrows $129000 to buy a used car. the bank charges 7.2%p.a. flate rate of interests over 30 months. what is the total amount she repays
really need help. really confused
Financial Mathematics
07/29/16
If a current balance looked like this USD 4,0000 does that mean it's forty thousand dollars?
Weird number
09/27/15
Monthly compounding question with balance
Suzanne opens a line of credit at a local bank, and immediately borrows 1870 dollars. 6 months later, she repays 1060 dollars. 5 months after the repayment, she borrows 570 more dollars. 6 months...
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Financial Mathematics
08/30/15
Home values in a town have declined 7% per year for each of the past four years. What was the total percentage decrease in home in the four years?
Home values in a town have declined 7% per year for each of the past four years. What was the total percentage decrease in home values during the four-year period. Round to the nearest percentage...
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