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we know that a certain piece of equipment will cost 150000 in 5 years how much must be deposited today using 10
a man borrowed 750 from a bank he agreed to repay the sum at the end of 3 years together with the interest at 8 per
mohammed can get a certificate of deposit cd at his bank that will pay 37 annually for 10 years if he places 5530in
ace manufacturing is building a new facility that will cost 44m ace will borrow 40m from first national bank and pay
a if 100 at time 0 will be worth 110 a year later and was 90 a year ago compute the interest rate for the past year and
in 1995 an anonymous private collector purchased a painting by picasso entitled angel fernandez de soto for 29152000
what sum of money now is equivalent to 8250 two years later if interest is 4 per 6-month
a sum of money invested at 2 per 6-month period semiannually will double in amount in approximately how many
one thousand dollars is borrowed for one year at an interest rate of 1 per month if the same sum of money could be
sally stanford is buying a car that costs 12000 she will pay 2000 immediately and the remaining 10000 in four annual
contributed by hamed kashani saeid sadri and baabak ashuri georgia institute of technologya manufacturing company made
the local bank offers to pay 5 interest on savings deposits in a nearby town the bank pays 125 per 3-month period
in 1990 mrs john hay whitney sold her painting by renoir au moulin de la galette depicting an open-air parisian dance
a sum of money q will be received 6 years from now at 5 annual interest the present worth of q is 60 at the same
a thousand dollars is invested for 7 months at an interest rate of 1 per month what is the nominal interest rate what
a firm charges its credit customers 134 interest per month what is the effective interest
if the nominal annual interest rate is 12 compounded quarterly what is the effective annual interest
a local store charges 112 each month on the unpaid balance for its charge account what nominal annual interest rate is
a bank advertises it pays 7 annual interest compounded daily on savings accounts provided the money is left in the
at the central furniture company customers who buy on credit pay an effective annual interest rate of 161 based on
a student bought a 75 used guitar and agreed to pay for it with a single 85 payment at the end of 6 months assuming
a bank is offering to sell 6-month certificates of deposit for 9500 at the end of 6 months the bank will pay 10000 to
mr sansome withdrew 1000 from a savings account and invested it in common stock at the end of 5 years he sold the stock
the treasurer of a firm noted that many invoices were received with the following terms of payment 2- 10 days net 30