Financial Math Answers

What's the present value, when interest rates are 8.0 percent, of a $55 payment made every year forever?

What's the present value of a $950 annuity payment over six years if interest rates are 10 percent?

Compute the present value of a $3,600 deposit in year 2 and another $3,100 deposit at the end of year 4 if interest rates are 9 percent.

What is the future value of a $930 annuity payment over five years if interest rates are 9 percent?

Compute the future value in year 8 of a $3,500 deposit in year 1 and another $3,000 deposit at the end of year 3 using a 10 percent interest rate.

Why is looking at cash flow an important step in a good financial plan?

A farmer buys a tractor for 450000.
-how much will the tractor be worth in 5 years time if it's value depreciates at 9% per annum on a reducing balance.

The price of a company's share dropped by 3.00% by the end of the first year, down to $44.25. During the second year the price of the share dropped by $1.77.

a. What was the price of the share at the beginning of the first year?


b. What was the price of the share at the end of the second year?


c. What was the percent change in the price of the share over the two years?

Zachary's base salary is $1,450 per month and he gets paid commission on all sales that he makes over $20,000. Last month, he earned a total of $4,425 and made sales of $79,000.
a. What is the amount of sales eligible for commission?


b. What is the amount of commission earned last month?

c. What was his rate of commission?

If $A1= 0.79 euros, how much does $A500 equal?