Financial Math Answers

A couple decides to buy a house which is currently valued at $318,921.46 on loan. The couple is willing to start paying $200.00 per month and are willing to increase their payment at a rate of 5% every month. How many payments are necessary to pay off the loan amount assuming no deposit was made (answer to the nearest whole number)? What is the value of the final payment that they would make assuming no deposit was made (answer to the nearest whole number)? [Hint: apply geometric sequences].

Oscar sells internet access subscriptions by telephone.He receives 12% of the first $1000 and 15% on the balance over $1000.Last month he sold $7500 worth of internet access subscriptions.What was his commission for last month

You are going on a dream vacation with five of your closest friends for a week. Since you are taking a math course, your friends asked you to come up with a budget to see how much it will cost each of you. Please identify your location in the US (input in cell D2) and then determine the total costs (for everyone going) remember to be thorough so the group does not run out of money. Your expense list must include the following (this means you cannot book an all expenses paid trip) travel expenses, such as plane or bus fare, local travel within the area. Lodging expenses. Food expenses. Entertainment or activity expenses.

What is the present value of CD with 4% annual interest that matures in 1 year with the value of $3000? What is the future value? What factor would determine which value you chose to use?

At what rate of interest, convertible semiannually, is $10,000 the present value of $1,000 paid at the end of every half-year for 6 years?

4. You just received $225,000 from an insurance settlement. You have decided to set this money aside and invest it for your retirement. Currently, your goal is to retire 25 years from today. How much more will you have in your account on the day you retire if you can earn an average return of 10.5 percent rather than just 8 percent

Let rho =(w1,w2) be a portfolio of two securities. Find the value of w1 and w2 in the following
situations:
i) rho12 = −1 and rho is risk-free.
ii) sigma1 = sigma2 and variance P is minimum.
iii) Variance on P is minimum and rho12 = −0.5, sigma1 =2 and sigma2 =3 .

The Walton Company is expected to pay a $4 dividend. Over the next 12 months, the dividend is expected to grow at 5 percent, which is the constant growth rate for the firm. Using an 12% required rate of return, compute the price of a common share.

i need to find the british open 2019 top 20 winners with the amount of money and how much the golf caddy get paid in the british open 2019. please help me i can’t find any links.

If a borrower can afford to repay a home loan by making 300 monthly payments of $986.33, how much can be borrowed at 18% per annum compounded monthly?