Financial Math Answers

Consider an annuity of payments of 2.500$ at the end of every second year. What is the present value of this annuity if it runs for ten years and the interest rate is j1 = 7%?

A father has saved money in a fund to finance his son’s 4-year university program. The fund pays out 300$ every month at the beginning of each month for 8 months (September through April) plus an extra 2.000$ each September 1st for 4 years. At j4 = 8%, what is the value of the fund on the first day of university, before any withdrawals?

Jamal works part time burning $8000 per year he reduces his work hours by half so that he can go to school Jamal completed his degree after 3 semesters 1.5 years at us $1400 per semester in tuition and $500 per semester in books. What was jamals investment in getting his degree

An investment doubles over a period of six years. Determine the simple interest rate

If the assets of the business are r15 000 and the liabilities are r5000 what is the value of equity?

Parents wish to have $160,000 available for a​ child's education. if the child is now 5 years​ old, how much money must be set aside at 3% compounded semiannually to meet their financial goal when the child is​ 18?

A company estimates that 7% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $250.

If they want to offer a 2 year extended warranty, what price should they charge so that they'll break even (in other words, so the expected value will be 0)