Basic Math question and answers for January 08, 2024
- Q Consider the present value of the following achieve 6 000 in three years at 2 5 simple interest Determine the future value A in dollars the annual interest rate r...
- Q 5 60 Present value of a complex stream Don Draper has signed a contract that will pay at the end of year 6 If 8 percent is the appropriate discount...
- Q 2 es Required information The following information applies to the questions displayed below Raphael Corporation s balance sheet shows the following stockholders equity section Preferred stock 5 cumulative par value...
- Q 4 3 pts 1 5 each Show organized work below list calculator steps if you don t use a proportional equation Clearly indicate your final answer which should be rounded...
- Q Find the future value using the future value formula and a calculator Round your answer to the nearest cent 119 400 at 5 5 compounded continuously for 20 years
- Q 5 The price of a certain brand of phones is normally distributed with a mean of 430 and a standard deviation of 70 What percentage of these phones cost less...
- Q A principal of 2800 is invested at 6 25 interest compounded annually How much will the investment be worth after 12 years Use the calculator provided and round your answer...
- Q Suppose Christian stops for coffee a given number of times a week Use the information in the following table to calculate how much Christian would save if he deposited the...
- Q Use the average daily balance method to compute the finance charge on the credit card account for the month of August 31 days The starting balance from the previous month...
- Q Use the formula for future value A P 1 rt and elementary algebra to find the missing quantity in the table below A 2 100 P 1 750 r 4
- Q Compute the monthly payments for an add on interest loan of 2220 with an annual interest rate of 6 and a term of 5 years The monthly payment is Round...
- Q Michael wants to buy some new exercise equipment for his fitness center for 171 000 financed at an annual interest rate of 13 using the add on method If Michael...
- Q Ann and Tom want to establish a fund for their grandson s college education What lump sum must they deposit at a 7 annual interest rate compounded monthly in order...
- Q Use the simple interest formula I Prt and elementary algebra to find the missing quantities in the table below I 300 P 3000 I P r t 2 years
- Q A student borrows 5000 at 15 for 3 months to pay tuition Find the total amount due using simple interest The total amount due after 3 months is
- Q ook lint rint rences Paulson Company issues 9 four year bonds on January 1 of this year with a par value of 106 000 and semiannual interest payments Semiannual Period...
- Q 2 Tano Company issues bonds with a par value of 81 000 on January 1 2021 The bonds annual contract rate is 6 and interest is paid semiannually on June...
- Q Shane has a retirement plan with an insurance company He can choose to be paid either 320 per month for 20 years or a lump sum of 35 000 Which...
- Q the annual interest rate and a line of an amortization schedule for that loan complete the next line of the schedule Assume that payments are made monthly Annual Interest Rate...
- Q Assume that the mortgage is a 20 year adjustable rate mortgage a Use the table to find the monthly mortgage payments b Make a rough estimate of your monthly payments...
- Q 21 Major Company reported 2024 income of 310 000 from continuing operations before income taxes and a before tax loss on discon operations of 78 000 All income is subject...
- Q Use the information in the table to calculate a the deposit due at signing b the amount you pay in points and c the total amount that you must pay...
- Q 11 In the statement of shareholders equity Retained Earnings had a beginning balance of 26 800 During the period the company reports a net income of 11 800 and a...
- Q 1 28 36 Excerpts from Hulkster Company s December 31 2024 and 2023 financial statements are presented below Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets...
- Q 2 5 of what number is 2 5
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