Question posted by sheena11

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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