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Financial Math
Dong Yuan financed a 25000 necklace for his wife, Mei Lien. If he will be taking 36 monthly payments of 824.40, what rate of financing did he receive?
Financial Math
Construct an amortization schedule for a 3-year loan of 50000 at 5% interest, which is to be repaid in quarterly installments over 3 years.
Financial Math
What are the future value and present value of an annuity of 1300 payable monthly for 30 payments, with the first payment at the end of 19 months from the present time with interest at 12% compounded semiannually?
Financial Math
The present value of an annuity for three years is 5000, the payments are made at the end of every six months, and the interest rate is 6% compounded monthly. How large is each payment?
Financial Math
The future value of an anjuity at the end of ten years is 80000, the payments are made at the end of each year, and the interest rate is 11% compounded semiannually. What isbthe size of each annual payment?
Financial Math
rick makes 23,786 a year he pays 433 dollars a month for insurance how much does he save pretax if his tax rate 22%
Financial Math
A man invested #20,000 in bank A and #25,000 in bank B at the beginning of a year. Bank A pays simple interest at a rate of y% per annum and B pays 1.5y% per annum. If his total interest at the end of the year from the two banks was #4,600 . Find the value of y.
Financial Math
1.An investor Nx in bank M at the rate of 6%simple interest per annum and Ny in bank N at the rate of 8% simple interest per annum. If a total of #8,000,000.00 as interest from two banks after 4 years , calculate the (i) values of X and y; (ii) interest paid by the second bank
Financial Math
A company deposits 8000 at the end of every nine months in a bank that pays 3% interest compounded monthly. Find the present value of the annuity.
Financial Math
Douglas bought a store and agreed to pay 100000 at the end of every six months for seven years. What is the equivalent cash price of the store if the interest rate is 5% compounded quarterly?
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#340153 on Dec 2023
#340153 on Dec 2023