Basic Math question and answers for January 06, 2024
- Q Find the cost of the monthly rent for a two bedroom apartment in 30 years assuming an inflation rate of 5 compounded continuously if the current rent is 840 Round...
- Q If Rita receives 49 94 interest for a deposit earning 6 simple interest for 220 days what is the amount of her deposit Round your answer to the nearest cent
- Q rendan deposits 150000 into a fund In 2 years 5 months and 24 days the balance in Brendan s account is 174965 17 What rate j4 was rendan earning on...
- Q 2 8 Which investment will be worth the more in 5 years Justify answer with calculations a 150 at 25 simple interest annually 5 b 100 at 25 compound interest...
- Q Question 23 Find the commission Round to the nearest cent Sale 2900 Commission rate 6 Commission amount
- Q The balance on a credit card that charges a 10 5 APR interest rate over a 1 month period is given in the following table Days 1 3 150 initial...
- Q May 31 6 28 50 PM Yaritza has a collection of vintage action figures that is worth 320 If the collection appreciates at a rate of 2 per year which...
- Q Natalie has decided to invest 2600 at the end of every six months for the next five years in an account that pays 6 4 per annum compounded semi annually...
- Q Gavin plans to buy a used car He can afford to make payments of 310 each month for a maximum of three years The best interest rate he can find...
- Q Shawn deposits 750 at the end of every three months in his account earning 4 2 annually compounded quarterly What will be the balance in the account after 4 years...
- Q A person wants to borrow 5 000 at 1 interest rate for 5 years The equation to use to determine the total finance charge would be what A 5 FC...
- Q Question 15 Use the distributive property to simplify the expression 4 2 8
- Q 100 Series 1 bond which was purchased in June 1999 You are curi ous to see how much it has grown as of January 2023 Enter the information into the...
- Q What is the actual interest rate needed for an investment of 10 000 to double have a value of 20 000 by the end of 15 years Assume that the...
- Q to the amount indicated on the date of the last deposit Each deposit is made at the end of the compounding period a An amount of 1250 in 3 years...
- Q Ten people were surveyed to find out which type of movie released last year was their favorite Seventy percent of those surveyed chose a comedy as their favorite movie Which...
- Q Valerie and Ibrahim plan to send their son to university To pay for this they will contribute 8 equal yearly payments to an account bearing interest at the APR of...
- Q You buy stock on margin in your brokerage account when it is trading at 20 89 per share You have 1800 in equity cash in your account and buy 215...
- Q The annual interest rate on a credit card is 13 99 If apayment of 100 00 is made each month how many months willit take to pay off an unpaid...
- Q The population of Nigeria can be modeled by the function P t 279 1 0 0251 where P t measures the population in millions and t represents the number of...
- Q Securities trading on the Primary market would include all BUT O shares trading on the NYSE or Nasdaq mutual fund shares seasoned equity offerings Onew bond issues
- Q is the amount of money paid on the home at the time of purchase O down payment O security deposit O collateral
- Q DATE October 5 2007 SIGN HERE INTELLER S PRESENCE FOR CASH RECEIVED TOTAL FROM OTHER SIDE How much currency was deposited co TOTAL 61 06 LESS CASH RECEIVED 9124 6027...
- Q 27 George is in an at fault accident where he injures five pedestrians The bodily injury of damages suffered by the pedestrians are as follows one at 200 000 and...
- Q Selling price of home 80 000 Down payment 5 000 Total cost of interest Principal loan 75 000 Rate of interest 5 What is the total cost of interest Round...
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