Financial Math Answers

The PA system at North High School requires 400 watts it is switched on. How much would it cost to run 3 hours, at a cost of $0.10 per kilowatt hour? Round to the nearest cent.

A $100,000 mortgage is to be amortized by making monthly payments for 20 years. Interest is 5.1% compounded semi-annually for a six-year term.

(a)

(b)

(c)

Compute the size of the monthly payment.

Determine the balance at the end of the six-year term.

If the mortgage is renewed for a six-year term at 5% compounded semi-annually, what is the size of the monthly payment for the renewal term?

(a) The size of the monthly payment is $

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

(b) The balance at the end of the six-year term is $

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

(c) The size of the monthly payment for the renewal term is $

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

How much will deposits of $35 made at the end of each month amount to after 10 years if interest is 6% compounded semi-annually?

Question 1:  A portfolio consists of four stocks along. The table below shows the number of shares held in each stock, the price per share paid for each stock and the expected return on each stock. Calculate the expected return on the portfolio. All three steps of calculations must be shown, or marks will be deducted.                                                                                                                

Read the question and solve the problem below. Write your complete solution.

Mike Marquez purchased a lawn tractor for Php 9,000. He made a down

payment of Php 1,000 and financed the rest at 7% payable in 24 months. He paid off

the loan at the end of the fifteenth months. Find the amount of his refund using the rule

of 78s.

Mention the Tax Calculation rate as per Tax law of the country(Bangladesh). Calculate Tax for a person whose salary structure is as below:

Basic: Tk 100000

House Rent: 50% of Basic

Conveyance: 30% of Basic

Medical: 10% of Basic

Entertainment: 10% of basic

Which financial ratio (at least 5) you will use to analyze the Financial efficiency of an organization and why you will use these ratio (mention your logic)

Generation Next has Tk 2000 million of total asset of which Tk 990 million is fixed asset and the rest is current asset. 20% of currents assets are needed for temporary seasonal need and the rest is required year-round. If the company follows hedging approach in financing its working capital how much of long-term and short-term borrowing will the company have

Provide two examples of protective covenants imposed by lenders