Grade 11 and 12 Mathematics (Moderator: geoffrey)

What is the cash value of $5000 if it is discounted for 5 years at 10% compounded yearly?

Started by wenmo

An obligation of $17 320 is due two years from now with interest at 9.2% compounded semi-annually. ...

Started by evelyn o bentley

Find the proceeds of a non-interest-bearing promissory note for $175 500 discounted 54 months before ...

Started by crobinson2013

You invest $10 000 in a savings account that pays interest of 8% compounded monthly. What is the ...

Started by jace

Lee is planning to buy furniture worth $7000 from Leons. He can buy on his MasterCard and pay it ...

Started by fnuegbu

Islamic banking is being introduced in Oman, such that no interest is given on the promissory notes. ...

Started by EAugust

PC Financial approved a $75 000 line of credit on a demand basis to Little Blessings day care to ...

Started by krzymel

Average rate of return or yield on a 6-month Government of Canada treasury bills sold on June 18, ...

Started by s.tung

You bought a $100 000 91-day T-bill for $99 453.67 61 days before maturity. What discount rate was used?

Started by joesmith1212

A non-interest bearing promissory note has a $3100 maturity value and it matures in 90 days. You ...

Started by dmcintosh

A promissory note has a face value of $4500 and it carries an interest rate of 8.73% for a period of ...

Started by joe

You borrowed the amount indicated in the Balance after payment column of the following schedule from ...

Started by ap345

Raymond borrowed $3900.00 from Airdrie Regional Savings. The line of credit agreement provided for ...

Started by KimWrice

Determine the missing information for the following line of credit.Harold has a line of credit ...

Started by olgavictoria

Darren purchased $250 000 in 364-day T-bills 315 days before maturity to yield 2.86%. After holding ...

Started by schs14

Bradley purchased a 91-day, $100 000 T-bill on its issue date for $99 237.96. What was the original ...

Started by ARLKQ

A six-month promissory note dated November 8, 2013 is made at 6% for $2900.00. What is the present ...

Started by anjilletteb

Find the present value on June 1, 2014 of a non-interest-bearing note for $950 issued February 2, ...

Started by itsmyluck

Compute the present value of a 150-day non-interest-bearing promissory note for $5000 dated June 15, ...

Started by tuffie

Find the maturity value of a $1190, 7.275%, 120-day note dated February 5, 2013.

Started by crazycityslicker

Find the maturity date and the maturity value of a $1415.00, 5.25%, 220-day note dated February 25, 2012.

Started by Beheh

What principal will have a future value of $7325 at a 1.1% rate in 350 days?

Started by gbarreiro

How much must Fred deposit to earn $66 in 7 months at a rate of 1.5%?

Started by faduma

CentSmart Inc. deposited $83 215 into an account that had a simple interest rate of 2.3% on February ...

Started by Diane

Hydro One plans to complete a modification with the project start date of March 12. The procurement ...

Started by acc299