Financial Math Answers

Janny opened a savings account and deposited $300.00 as principal. The account earns 6% interest, compounded annually. What is the balance after 6 years

Janny opened a savings account and deposited $300.00 as principal. The account earns 6% interest, compounded annually. What is the balance after 6 years? *

Janny opened a savings account and deposited $300.00 as principal. The account earns 6% interest, compounded annually. What is the balance after 6 years? Show your complete solution.

to take a technology course, Manu borrows $20 000 at an interest rate of 4.75% per annum compounded annunally. He plans to pay back the loan in 2 years. How much will Manu owe?

Shanette paid 20 pesos for materials to make earnings. After working hard to make them, she made a total of 10 earnings. She then sold 7 of the earning for 5 pesos each, and 3 others for 2 pesos each. How much is shanette's profit?

our odometer reads 4,261 miles. You drive your car until the odometer reads 4,751 and your car used 25 gallons of gasoline during the trip. About how many miles per gallon has your car been getting? Round up to the highest ten.

Gayle is thinking of starting her own business. Total fixed costs are $19,000 per month and unit variable costs are estimated at $37.50. From some preliminary studies that she completed, she forecasts sales of 1,400 units at $50 each, 1,850 units at $48 each, 2,500 units at $46 each, and 2,750 units at $44 each. What price would you recommend Gayle set for her products? 

Valentina’s Pizzas Corporation is considering the purchase of a new restaurant for $8 million. The forecasted net cash flows (net of the costs associated with running the restaurant) are $3 million a year for the next 15 years. A major refurbishment costing $2 million will be required after both the fifth and tenth years. After 15 years, the restaurant will be closed and the restaurant’s venue is expected to be sold for $16 million. If the discount rate is 8%, what is this investment’s NPV?

the sale price of smart Tv is 40% lesser tha the sale price of smartphone . If the regular price of smartphone is Php 12,550.00 is on sale at 20% off . What is the sale price of the smart TV?