Math Homework

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In the following ordinary annuity, the interest is
In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.How much must you invest each month in a mutual fund yield… read more
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How does this work, i pay and have a week to ask as many
how does this work, i pay and have a week to ask as many questions as i need? … read more
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Attn: Ashok -Find the interest rate on a loan charging \$912
Attn: Ashok -Find the interest rate on a loan charging \$912 simple interest on a principal of \$4750 after 6 years. ____% -Find the principal of a loan at 6.2% if the simple interest after 5 years 6 mo… read more
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1) A loan of \$8000 is to be repaid with monthly payments for
1) A loan of \$8000 is to be repaid with monthly payments for three years at 12% interest compounded monthly. Calculate the monthly payment. A) \$211.37 B) \$237.00 C) \$265.71 D) \$264.38 E) none of these… read more
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1. Determine the present value P you must invest to have future
1. Determine the present value P you must invest to have future value A at simple interest rate r after time t. A=\$6000.00, r=15.0%, t=26 weeks 2. A radio commercial for a loan company states; “You on… read more
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Consider the \$50,000 excess cash. Asume that Gary invests
Consider the \$50,000 excess cash. Asume that Gary invests the funds in a one-year CD. What is the CD's value at maturity (future value) if it pays 10 percent (annual) interest? Now, consider the surge… read more
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What would you pay for an annuity of \$2,000 paid every six
What would you pay for an annuity of \$2,000 paid every six months for 12 years if you could invest your money elsewhere at 10% compounded semiannually?… read more
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The Tower family wants to make a home improvement that is expected
The Tower family wants to make a home improvement that is expected to cost \$60,000. They want to fund as much of the cost as possible with a home equity loan but can afford payments of only \$600/month… read more
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What is the effective annual rate of 14.9 percent compounded
What is the effective annual rate of 14.9 percent compounded monthly? 14.48 percent 15.74 percent 15.96 percent 15.23 percent 14.67 percent You are comparing three investments, all of which pay \$100 a… read more
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USG annunity and Life offered an annuity that pays 7.25 % compounded
USG annunity and Life offered an annuity that pays 7.25 % compounded monthly. If \$1,000 is deposited into this annuity every month, how much is in the account after 15 years? How much of this is inter… read more
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At the end of each quarter, a 50-year-old woman puts \$3000
At the end of each quarter, a 50-year-old woman puts \$3000 in a retirement account that pays 5% interest compounded quarterly. When she reaches 60, she withdraws the entire amount and places it in a m… read more
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Nancy plays drums in a dance band on weekends in addition to
Nancy plays drums in a dance band on weekends in addition to her full-time job at the local junior college. Nancy decided on her 35th birthday to establish her how retirement savings account by invest… read more
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Twin brothers Mike and John are 18. Mike decides to start investing
Twin brothers Mike and John are 18. Mike decides to start investing \$100 a month at a 5% rate that compounds monthly. At age 35 Mike decides to stop the monthly payments; however, he leaves the balanc… read more
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I have 17 math problems-finance based is there anybody that
I have 17 math problems-finance based is there anybody that can help tonight? I have a folder on Media Fire with the questions. I have a \$100 balance that will be the offer.… read more
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The following function is called an Exponential Function”.
The following function is called an “Exponential Function”. y = f(x) = C.a^x Where C represents the initial value, while a is referred to the growth or decay factor, depending on the situation Convert… read more
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1.A bank lends a customer 5000.at the end of 10 years he repays
1.A bank lends a customer £5000.at the end of 10 years he repays this amount plus interest.The amount he repays is £8,9500.what is the rate of interest charged by the bank? 2.The morbid memorial garde… read more
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1. Suppose that th cost of goods continues to increase at the
1. Suppose that th cost of goods continues to increase at the rate of 2.5% per year for the next 30 yrs. In how many yrs will goods cost \$2 today cost \$3...2. Timmie deposited \$10,000 into an acount t… read more
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(I need the steps to get the answers to please) Homework assignment
(I need the steps to get the answers to please) Homework assignment #7 7.19. The 1-year LIBOR rate is 10%. A bank trades swaps where a fixed rate of interest is exchanged for 12-month LIBOR with payme… read more
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