Newest Interest Questions | Wyzant Ask An Expert

12/05/16

Student Loan Debt Question

Here is the question: A student takes on $30,000 of debt in September 1 of 2016 at an annual interest rate of 8%. She makes no payments while in school. On November 1, 2019 she prepares to... more

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Interest

11/29/16

Find the PV of a 10-year future sum of $30,000 which has earned 7% interest.

I need to find the PV of a 10-year future sum

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Interest Interest Rates

11/23/16

An investment is made at 4.55% counpounded monthly.

In years, how long does it take to double the investment?

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Interest Bonds Word Problems Stocks And Bonds

10/21/16

how much was invested in each vehicle?

Country Day's scholarship fund receives a gift of $ 188240.607247983. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 5.5 % interest, and stocks pay 10.1 %... more

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Interest Math Percentage Percent

10/20/16

A buyer purchases a home for $225,000. The have acquired a 30 year loan at 6.5% with 20% down. How much interest will the buyers pay over the life of the loan?

I need help finding out the total interest paid over the life of the loan. Step by step, thorough and Please make it easy to understand. Thank you

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Interest Math Finance

10/04/16

Find the present value of a loan of $14,700 at 12% interest for 210 days if money is worth 10%

My finance class hasn't begun time value yet but it's part of our homework. Help?

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Interest Algebra Word Problem Money

10/04/16

If she earned ?$1102.50 in interest at the end of the? year, how much did she invest in each? account?

Megan received ?$14,000 from a probated estate. She invested part of the money in a? simple-interest account paying 9?% and the rest in another? simple-interest account paying 5.5?%. If she earned... more

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Interest Algebra 1 Algebra Money

10/04/16

How much did she invest at each rate if each account earned the same? interest?

Aleksandra Tomich invested $8,124, part at 4% simple interest and part at 2% simple interest for a period of 1 year. How much did she invest at each rate if each account earned the same? interest?

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Interest

09/22/16

Suppose $7000 is divided between two investments earning 9% and 5% simple interest. ?

Over the course of a year the two accounts earned a total of $554. How much was invested in each account?

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Interest

09/20/16

Simple interest questions

Aidan runs a car shop and needs $6000 to install a new car lift. He borrows the money on a 30 month personal bank note with his mother consigning the loan. The simple interest rate is 5.75. How... more

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Interest

09/13/16

interest rate

Theresa earns a full athletic scholarship for college so her parents have given her the $20,000 they had saved to pay for her college tuition. She decides to invest that money with an overall goal... more

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Interest Math Math Help Interest Rates

09/08/16

Really need help

David wishes to deposit $2000 in a bank for 5 years. Two banks caught his interests. SBD BANK -8% simple interest for 1st year -4% simple interest for subsequent years CBCO BANK -4%... more

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Interest

08/08/16

Monthly payments and final amount paid

If you have a loan with a beginning Balance of 19,342.60 and a interest rate of %6.800, what would be your fixed monthly payment over 25 yrs and final amount paid for total loan?

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Interest

08/05/16

Final amount paid

What is final amount paid on loan after 25 yrs with beginning Balance $9,415.05 and 2.650% interest?

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Interest Loan Repayment Repaying Loans

07/07/16

Repaying Loans?

Dustin is taking out a loan for $2000 and wants to know how much money he will save by taking a 2 year loan at 14% interest instead of 20% interest. 1. What is the total repayment for the 20%... more

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Interest Finance Finite Mathematics

07/06/16

Finance question: Need to create two finance plans and figure out the interest total for each possible loan.

I picked out the car and everything and it showed me the highest and lowest payment plan, but I am not sure how to go about calculating the interest and the rest of the question if I don t know (or... more

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Interest Annuity

05/18/16

Please Help

A mortgage of 1.2% interest compounded monthly with a monthly payment of $600 has an unpaid balance of $6753 after 100 months. Find the unpaid balance after 101 months.

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Interest

05/06/16

Calculate the number of years for an investment of 1800 to Triple at an interest rate of 6.1% compounded semi annually

I need help with this problem as soon as possible

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Interest Algebra 2 Algebra Word Problem Monthly Payment

04/25/16

Whats the third payment?

You borrow $2000 from the bank at 1% annual interest compounded monthly. The monthly payment is $100. What is the balance after the third payment?

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Interest Problem Solving Interest Rates Compound Interest

04/16/16

A Composite interest question? (9th grade level)

Q: A school increases its intake by 10% each year. If it starts with 1000 students, how many will it have at the beginning of the fourth year of expansion? The answer from the answer sheet is 1331... more

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Interest

03/22/16

interest problem

Peter deposited a sum of money in SouthEast Bank. The money grew to $1300 in 8 months. SouthEast Bank pays simple interest at the rate of 6% per year. How much did Peter deposit?For this purpose... more

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Interest

03/22/16

interest problem

Paul purchased $16,000 worth of 52-week treasury bills for $15,750. What is the rate of return on his investment?For this purpose only (not for your work or the exam), round to the nearest integer.... more

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Interest

03/22/16

interest problem

How many days will it take for a sum of $1900 to earn $32 interest if it is deposited in a bank paying simple interest at the rate of 8% per year? (Use a 365-day year).For this purpose only (not... more

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Interest

03/22/16

Interest help

James contributes $6000 per year into a Traditional IRA earning interest at the rate of 5% per year compounded annually, every year after 35 years of age until his retirement at age 65.John... more

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Interest

03/19/16

i dont understand if it is simple or compound interest and how to calculate daily interest rates

Shaffer's Book Store borrowed $30,000 on March 10 for 90 days. The interest rate was 9% using the ordinary interest method. On day 30 of the loan, Shaffer made a partial payment of $12,000, and on... more

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Student Loan Debt Question

Find the PV of a 10-year future sum of $30,000 which has earned 7% interest.

An investment is made at 4.55% counpounded monthly.

how much was invested in each vehicle?

A buyer purchases a home for $225,000. The have acquired a 30 year loan at 6.5% with 20% down. How much interest will the buyers pay over the life of the loan?

Find the present value of a loan of $14,700 at 12% interest for 210 days if money is worth 10%

If she earned ?$1102.50 in interest at the end of the? year, how much did she invest in each? account?

How much did she invest at each rate if each account earned the same? interest?

Suppose $7000 is divided between two investments earning 9% and 5% simple interest. ?

Simple interest questions

interest rate

Really need help

Monthly payments and final amount paid

Final amount paid

Repaying Loans?

Finance question: Need to create two finance plans and figure out the interest total for each possible loan.

Please Help

Calculate the number of years for an investment of 1800 to Triple at an interest rate of 6.1% compounded semi annually

Whats the third payment?

A Composite interest question? (9th grade level)

interest problem

interest problem

interest problem

Interest help

i dont understand if it is simple or compound interest and how to calculate daily interest rates

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