Financial Math Answers

On April 1, Vinnie Venuchi established Vinnie Travel Agengy. The following transactions were completed during the month:

1. Invested $15000 cash to start the business.
2. Purchased equipment for $3000 cash.
3. Paid $600 cash for may office rent.
4. Paid $800 cash for supplies.
5. Incurred $700 of advertising costs on account in the Chicago tribune.
6. Received $5100 in cash from customer for repair service.
7. Withdrew $500 cash for personal use.
8. Paid employee salaries $2200.
9. Paid utility bills $1400.
10. Provided repair service on account to customer $450

Instruction: prepare tabular analysis of the following transaction.

solve this math please

An employee does not pay tax on the first 4000 dollars of earnings and then 25 % tax the rest . If he wants to have 20000 dollars net of tax earnings what earnings gross earnings does he need.

A student buys a TV set of R11000 on a hire purchase agreement. He agrees to pay a deposit of 20% and the balance over a period of two years in a monthly installment at 14% simple interest p. a. He also takes out and insurance premium of R18,50 per month. Determine the amount of each installment

During the annual Black Friday Sale, The OLX sold a pair of ski boots, regularly priced at $245.00, at a discount of 40%. The boots cost $96.00 and expenses are 26% of the regular selling price. For how much were the ski boots sold?

A motor bike was originally listed at $769.99. The price was first discounted to $550.54, followed by a final discounted price of $449.79. What was the single equivalent rate of discount at the final price? (leave answer to 2 decimal places)

If income tax increase by 19% and net income is decrease by 6% then, rate of income tax is

Find the interest rate (or rates of return) in each of the following situations. Do not round intermediate calculations. Round your answers to the nearest whole number.

1. You borrow $650 and promise to pay back $676 at the end of 1 year.
2.   %
3. You lend $650 and receive a promise to be paid $676 at the end of 1 year.
4.   %
5. You borrow $60,000 and promise to pay back $289,075 at the end of 12 years.
6.   %
7. You borrow $16,000 and promise to make payments of $5,001.00 at the end of each of the next 5 years.

Assume you want to receive Tk. 25,000 per year for next five (5) years to cover 

your educational expenses. To get your desired cash flow how much you need 

to deposit today in your local bank which pays 11% profit per year?

Khan Group has accumulated a portfolio currently valued at Tk. 8, 75,000 

(lump-sum amount). They believe that they can earn a profit rate of 9.5% on 

these funds for next 15 years. What will be the future value of their portfolio 

after the maturity?

Kofi electronics bought a shipment of TV at a net price of $477.36 each, after discount of 15%, 10% and 4%. What is the list price?