Financial Math Answers

Assume that you plan to take a housing loan with a tenor of 20 year. The loan has to be repaid in equal monthly installments. Considering that the loan amount is Rs. 50 lakhs and the interest rate on loan is 9% p.a., what would be the equated monthly installment (EMI)?

How much is to be invested now at 10% compound interest p.a. if after 5 years the investment is to reach a target sum of $30000

Assuming that the market price of the shares at 31^st May 2018 is £1.40, what is the Price/Earnings figure?

A depositor planned to leave $2,000 in a

savings account paying 5% converted

semiannually for 5 years. However, at the end of

21/2 years the depositor had to withdraw

$1,000. What amount will be in the account at

the end of the original 5 year period?

How much should Mrs. Dolores invest today in a time deposit with 5.5% interest if she expects to have P175, 000 for his son’s education at the end of 5 years?

$10000 was compounded annually at 12.5% p.a. and amounted to $52015.80. How many years did it take?

How much is to be invested now at 10% compound interest p.a. if after 5 years the investment is to reach a target sum of $30000.

Find the accumulate amount of

(a) $600 earns simple interest at 5% p.a. over 7 years.

(b) $480 compounded annually at 14% p.a. over 5 years

(c) $1,500 compounded semi-annually at 8% p.a. over 3 years.

(d) $2,000 compounded quarterly at 10% p.a. over 4 years.

(e) $500 compounded monthly at 12% p.a. over 6 years.

Find the present value of $700 due in five years’ time at 6% p.a. compounded monthly