Financial Math Answers

Questions: 1 916

Answers by our Experts: 1 916

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search & Filtering

Find the value of the amountPhp 10,000 payable at the end of each 6 months for 5 years if money is invested at 8% compounded semiannually


Aldous wants to withdraw 50000 every 4 months for 15 years. How much must Aldous deposit at rate 12% per year compounded quarterly for the annuity?


On 10th January in each of the year 1964 to 1979 inclusive,an investor invested 500 pounds in a special bank savings account. On 10th January 1983 the investor withdrew his savings, given that the entire period the bank used an annual interest rate of 7% for his special savings account. Find the sum withdrawn by the investor

a debt pf 120 000 is to amortized by equal payments at the end of every quarter for 2 years if the interest charged is 12% compounded semi annually find the outstanding principal after each payment is made construct an amortization schedule





How long will Php 60,000 accumulate to Php 62, 430 if the simple interest rate agreed is 1.50%?


Find the present value of the amount php 7,500 payable at the end of each month for 10years if money is invented at 5% compounded monthly


  • Suppose you are being interviewed for your dream job. The pay is tricky and there's also a catch: the job is only for 5 months.
  • Your future boss tells you that the first week's pay will be $10 (not per hour, the whole week is $10!)
  • Concerned about your reaction, your future boss adds that your week 4 salary will be $100 (again, not per hour).
  • Knowing how valuable you would be to the company and before you storm out of the office the boss mentions that the pay increases exponentially every week. 
  • Now... would you take this job?
  1. Find the model that describes this salary situation using the variable "t" as the number of weeks.
  2. Week #1 corresponds to "t=0". Week #2 corresponds to "t=1", etc... How much will you get paid in Week 3?
  3. For simplicity, assume that a month has exactly 4 weeks. How much will you get paid during the last week.




Deepika deposits $10000 into her savings account that earns 7% per annum

compounded annually for first two years, 8% compounded semi-annually for next three

years and 12% compounded quarterly for the last two years.

(i) Find the accumulated amount at the end of the first five years.

(ii) Find the accumulated amount at the end of seven years.



b) Pathum deposits 100000 rupees which compounded annually with interest rate i per

annum. If the total amount doubles after 6 years find the value of i. (Hint: Use the

formula R = P(l + i)t )


The market share of Galaxy Industries' main product increased by 20 percentage points last year. If the share changed from 50 to 70 percent of the total market, what was the actual percent change in the market share?

a.20% increase

b.20% decrease    

c.40% increase

d.40% decrease



Building Bloc, Inc. just paid a dividend worth of Php50. It is expected to grow its dividend by 3% per year. If the market requires a rate of return of 15% on earnings, how much should the stock be selling for in 3 years?

LATEST TUTORIALS
APPROVED BY CLIENTS