40 Answered Questions for the topic Personal Finance

Personal Finance

10/21/16

Time Value of money

Am 20 years old. I smoke, which cost me $200 per day. I expect to retire in the next 50 years. Actually I earn 7% annual interest on the money. a)How much will I accept today so that I stop... more
Personal Finance

10/11/16

Variable expenses are those that come up in set amounts at specific times.

True False
Personal Finance Financial Literacy

04/23/16

Personal Finance

Ashley lives in a house with a value of 200,000. She has a mortgage of $150,000. She owes $6,000 on her car, which is valued at $18,000. She has a credit card balance of $800. Ashely also has... more
Personal Finance

01/28/16

Problems and activities.

Paul Ramos just graduated from college and landed his first "real" job, which pays $23,000 a year. In 10 years, what will he need to earn to maintain the same purchasing power of inflation averages... more
Personal Finance

01/28/16

Not good at using a financial calculator..The following is my question

Linda Baer has saved 5,000 to buy a prev owned vehicle. Ignorlong taxes and assuming her money is invested in a flexible withdrawal CD earnings 5 percent Compounded annually , how long will it take... more
Personal Finance

01/28/16

Have to use a financial calculator but I don't have one... Can anyone help?

your mother just won $250,000 for splitting a Nobel prize with three coworkers. If she invests her prize money in a diversified equity  portfolio returning 8 percent per year, approximately how... more
Personal Finance

01/26/16

An item is $450 is now $520. Calculate percentage of increase or decrease

 Round the percent off to one decimal place   
Personal Finance

12/14/15

i have a loan for 2000.00 at 5% simple interest on a declining balance. i am making 2 equal payments over 1 year. what will my payments be?

the payments would be in january and in july. I know 1 years simple interest is 100. so my total is 2100, but i'm not sure how the declining balance figures in.
Personal Finance

11/12/15

Nicole bolton purchased a new rug for $287 and a vacuum cleaner for 121. What is the sales tax uf she lives in iowa where the sales tax rate us 6%

Nicole bolton purchased a new rug for $287 and a vacuum cleaner for 121. What is the sales tax uf she lives in iowa where the sales tax rate us 6%  
Personal Finance Economics Intro In Business

10/20/15

the government decides what to produce and how it will be produced...... true or false

i mean i really don't know what to say on this part. i really just need answer to my questions that i ask
Personal Finance

10/04/15

What is your total balance due this period if the card’s fees are calculated via the adjusted balance method?

You had a $2,700 balance last month after your payment on your credit card. You charged one pair of shoes on the 10th for $270. Your card has a minimum finance charge fee of $5 per month and an APR... more
Personal Finance Math Math Help Piecewise Function

09/16/15

Can you find the difference between the cost of a 15-line ad and a 17-line ad, without finding out the cost of each ad first? Explain.

Mike is a veterinarian. He is placing a 9-line ad for an assistant. The following piece wise function gives the price of an x-line ad. a(x)=45 when x<3. a(x)=45+9(x-3) when x>3. Can you find... more
Personal Finance

05/20/15

Furniture offered on credit for four years,

I want to buy furniture offered to me on credit at an APR of 16%, with a maximum term of 4 years. The furniture cost $2,800, with no downpayment. What will I pay monthly if I borrowed for four years?
Personal Finance

10/07/14

capital markets are markets where ?

capital markets are markets where ?  
Personal Finance

10/05/14

A PAYDAY LOAN COMPANY CHARGES 4 PERCENT INTEREST FOR A TWO WEEK PERIOD.

 WHAT WOULD BE THE ANNUAL INTEREST RATE FROM THAT COMPANY?

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