Financial Math Answers

Puleng receives R1 500,00 from the bank now, that charges 10,5% simple discount per annum. She has to pay back the bank an amount of R1 893,75 in a few months' time. The number of months after which Puleng pays back the loan, rounded to one decimal place, is

a manufacture has 15 years, 8.5 percent mortgage for 100,000 birr on a building. payments are made monthly.

a. find the monthly payment

b. how much interest will be paid?

Suppose the production cost is R293 250 computing component cost is R1035 labour cost is R4140 and the savings on reuseable material is R1725,determine number of devices produced

Odwa borrowed R500 from Luyanda four months ago and 700 nine months ago. He wants to liquidate these obligations with a single payment in 12 months time from now. If a simple interest rate of 11%per year, is charged on all the months, the amount he will oay luyanda in 12 months time is?

Suppose the production cost is R18925, labour cost is and equipment renting fee is R250, determine the number of devices produced

Suppose the production cost is 18 925 labour cost is and equipment renting fee is R250 determine the number of devices produced

1. Hannah invested 75,000 for a pastry business. This amount is 25% of her total savings. How much is Hannah's total savings?

2. John has 2 baskets of mangoes to sell. If 45% of the mangoes are unripe and there are 240 mangoes in all, how many ripe mangoes are there?

3. On Christmas Eve, your store's sales amount to 250,000. This amount is 75% of the total sales for that month. How much is your store's total sales for the month?

Using payback, ARR, and NPV with unequal cash flows Medeiros Manufacturing, Inc. has a manufacturing machine that needs attention. The company is considering two options. Option 1 is to refurbish the current machine at a cost of $1,000,000. If refurbished, Medeiros expects the machine to last another 7 years and then have no residual value. Option 2 is to replace the machine at a cost of $2,000,000. A new machine would last 9 years and have no residual value. Medeiros expects the following net cash inflows from the two options: