Financial Math Answers

You buy a computer directly from the manufacturer for R73320.00 and Agree to repay it in equal installments over three at end of each month,starting one month from now. The interest rate is 10,7% per year, compounded monthly. How much interest will you pay in total?

A home was bought with a 20% down payment of R177175.00. The balance was financed for 20 years at 9.4% interest per annum, compounded semi-annually. Find the size of the of the half-yearly payment for the Loan

Bible wants to save R330 284.00 with the next four years. She makes equal monthly deposits at the end of each month starting after one month and her savings accumulate interest at 12.5% per annum.compounded monthly. Calculate the size of each of the monthly deposit

Find the present value of a series of investment of $1 at the end of each year for 25 years with effective

interest rate of 13.5% p.a.

Find the present value of a perpetuity that produces annual payments of 6500 dollars once per year,starting one year from now.SAssume am effective rate of interest is 10.3 percent.

Suppose that an annuity will provide for 20 annual payments of 1280 dollars,with the first payment coming 10 years from now.if the nominal rate of interest is 10.6 percent convertible monthly,what is the present value of the annuity?

1. Aina and Joan invest in each account. Aina invests PHP 275,000 at 10% for 15 years and Joan invests PHP 275,000 at 12% for 12 years. Both investments are compounded annually. Which one will yield more?

Determine the amount of an immediate annuity of N$200 per annum left unpaid for 10 year at 7% p.a compounded interest

Polly purchased car. She paid ₱ 150,000.00 as down payment and ₱5,500.00 payable at the beginning of each month for 48 months. Money is worth 12% compound monthly.

• What is the periodic rate?
• _1%
• _12%
• _0.01%
• _2%
• How many payments must be made?
• 12
• 24
• 6
• 48
• What is the equivalent cash price of the car?
• ₱210,945.35
• ₱340,091.59
• 360,945.35
• ₱490,091.59

Your company paid a dividend of $2.00 last year. The growth rate is expected to be 4 percent for 1 year, 5 percent the next year, then 6 percent for the following year, and then the growth rate is expected to be a constant 7 percent thereafter. The required rate of return on equity (ks) is 10 percent. What is the current stock price