# Question posted by sheena11

## sheena11 from

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## Questions Posted by sheena11

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Bounty Status Category Sub-Category Question Due
\$2.00 Closed, closed Mathematics Algebra business math
jim owes three debts \$500 due in one year plus interest at 6% compounded semi annually \$2000 due in two years \$1000 due in three years plus interest at 5% compounded monthly he wished to discharge...
Mar. 28, 2009
\$1.50 Closed, closed Mathematics General Mathematics business math
Pascal had just agreed with his financial planner to begin a voluntary accumilation plan. He will invest \$500 at the end of every three months in a balanced mutual fund. a) how much will hte plan be...
Mar. 29, 2009
\$0.50 Closed, closed Mathematics General Mathematics business math
what amount can be paid at the end of every month in perpetuity from an endowment of \$350,000 which is earning 5.4% compounded monthly
Mar. 29, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
Josie spends \$60 at the end of each month on cigarettes. If she stops smoking and invests the same amount in an investment plan paying 6% compounded monthly, how much will she have after five years?
Mar. 28, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
A man deposits \$300 at the end of each six months into a building and loan association that pays 10% compounded semi-annually. How much will he have to his credit at the end of 10 years?
Mar. 28, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
What is the effective rate if money is worth 15% compounded monthly?
Mar. 28, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
What is the nominal interest rate compounded monthly that will enable \$500 to amount to \$900 in eight years?
Mar. 28, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
Calculated the term of a loan of \$2870 that has a maturity value of \$3837.30, where the interest rate is 10% compounded monthly.
Mar. 28, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
Calculate the nominal rate of interest (to the nearest 0.01%)compounded quarterly for an investment of \$1800 that matures to \$2299.16 in two years and nine months.
Mar. 28, 2009
\$1.00 Closed, closed Mathematics General Mathematics Business Math
What are the amount and present value of an annuity of \$100 payable at the beginning of each quarter for 15 years if the interest rate is 12% compounded quarterly?
Mar. 28, 2009