Percent compounded semi-annually
Problem:
If you invest $450 every six months at 4 percent compounded semi-annually, how much would you accumulate at the end of 15 years?
Note: Show all workings.
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How many gallons of product were started during the month of August? Note: Show all workings.
Question: How much will you receive as a percentage of par? Note: Show all workings.
You decide to borrow $350000 to build a new home. The bank charges an interest rate of 6% compounded monthly. If you pay back the loan over 30 years, Question: What will your monthly payments be (rounded to the nearest dollar)?
If you invest $450 every six months at 4 percent compounded semi-annually, how much would you accumulate at the end of 15 years? Note: Show all workings.
You charged $3500 on your credit card for holiday gifts. Your credit card company charges you 7% annual interest, compounded monthly. If you make the minimum payments of $80 per month, how long will it take (to the nearest month) to pay off your b
Bill's Bakery has current earnings per share of $2.74. Current book value is $4.6 per share. The appropriate discount rate for Bill's Bakery is 9 percent.
What amount will you have to deposit today to fund this deferred annuity? Use an 8% discount rate and round your answer to the nearest $100.
Given that nominal interest rates are 8% and the inflation rate is 3%, about how much do you need to invest today to have the equivalent of $100,000 in 2010 dollars left over in 40 years? (There may be some rounding here.)
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