How much does Halena need to deposit into an account to collect $50 000 at the end of 3 years if the account is paying 5.2 % per year compounded quarterly?
PV stands for
Car Loan Payment. What is Kim's monthly payment for a 4-year $9000 car loan with an APR of 7.95% from County Savings Bank?
Car Loan Payment. What is Sarah's monthly payment for 3-year $4500 car loan with an APR 10.25% from County Savings Bank?
House Mortgage Payment. Gendo obtains a 30-year $86,000 house loan with an APR of 8.75% from National City Bank. What is her monthly payment?
House Mortgage Payment. Roberta obtains a 25-year $100,000 house loan with an APR of 9.25% from NBD Bank. What is her monthly payment?
Shane takes out a loan for 15 months to purchase a new living room package for $4800. The interest rate on the loan is 12.5% compounded monthly. What will his monthly payment be?
Heather decides to invest $3500 into her savings account and leave it there (untouched) for 25 years. The savings account has an interest rate of 6.4% compounded quarterly. How much will she have in 25 years?
What will a deposit of $4,500 at 10% compounded semiannually be worth if left in the bank for six years?
Find the future value of a truck which is purchased for $135 000 and depreciates at 15% p.a. for 5 years.
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