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Subject / Started by	Replies / Views	Last post
Determine the accumulated value after 13.5 years of deposits of $470.00 made at the beginning of ... Started by lb_gilbert	1 Replies 186 Views	Jun 6, 2019 by 14vl19
Payments of $500.00 are made at the beginning of each month for four years. The interest rate is ... Started by skymedlock	3 Replies 643 Views	Jun 6, 2019 by LVPMS
What annually compounded rate of return must Thiva earn in her TFSA account in order for month end ... Started by jwb375	1 Replies 195 Views	Jun 6, 2019 by dyrone
Momin plans to buy a house on cash instead of paying mortgage. He targets spending $400 000 on his ... Started by vHAUNG6011	3 Replies 129 Views	Jun 6, 2019 by wfdfwc23
In order to purchase a truck Shandex Transport (ST) obtained a $50 000 loan for 5 years at 7.8% ... Started by Lisaclaire	3 Replies 58 Views	Jun 6, 2019 by cat123
Bhamani is contributing to a RESP they have set up for their grandchildren. What amount will they ... Started by mrsjacobs44	1 Replies 68 Views	Jun 6, 2019 by asdfghjkl;
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. The ... Started by SAVANNAHHOOPER23	3 Replies 80 Views	Jun 6, 2019 by Tonyam972
A mortgage of $326 000 is to be repaid by making payments of $2500 at the end of each month. If ... Started by renzo156	1 Replies 60 Views	Jun 6, 2019 by Sassygurl126
You can buy a piece of equipment for $8600. The equipment is expected to last for 9 years and you ... Started by daltonest1984	3 Replies 175 Views	Jun 6, 2019 by lkoler
What is the payment size of a loan that has semi-annual payments and an interest rate of 5.52% ... Started by jon_i	3 Replies 242 Views	Jun 6, 2019 by mmj22343
The loan will have a term of 54 months and monthly payments of $385.13. The interest rate on the ... Started by ARLKQ	1 Replies 129 Views	Jun 6, 2019 by 6ana001
A mortgage requires payments of $4000.00 at the end of every six months for twelve years. If ... Started by HudsonKB16	3 Replies 215 Views	Jun 6, 2019 by tuate
You miss the 11th to 13th payments of a loan. The loan payments are $519.27 each month and the ... Started by serike	1 Replies 467 Views	Jun 6, 2019 by atrochim
How much should you invest today into account paying 3.2% compounded quarterly if you want to be ... Started by tatyanajohnson	1 Replies 146 Views	Jun 6, 2019 by rosiehomeworddo
Note: The calculations for this question were done using Excel's RATE function.A $160 000.00 ... Started by APUS57	3 Replies 251 Views	Jun 6, 2019 by Fayaz00962
Note: The calculations for this question were done using Excel's RATE function.What nominal annual ... Started by cool	1 Replies 261 Views	Jun 6, 2019 by ntsoane kedibone
Calculate the nominal interest rate of interest compounded quarterly if a loan of 43 000.00 is ... Started by ETearle	3 Replies 260 Views	Jun 6, 2019 by bd5255
A mortgage of $198 000.00 is to be amortized by payments over 22.5 years. If the payments are made ... Started by genevieve1028	1 Replies 244 Views	Jun 6, 2019 by ghepp
Kelsey bought a car priced at $19 700.00 for 10% down and equal monthly payments for 4.5 years. If ... Started by viki	3 Replies 289 Views	Jun 6, 2019 by abro1885
A loan of $91 450.00 is to be repaid by equal semi-annual payments for 11 years. What is the size of ... Started by KWilfred	1 Replies 235 Views	Jun 6, 2019 by leannegxo
What is the nominal rate of interest on a loan of $6800.00 repaid in semi-annual installments of ... Started by Redwolflake15	1 Replies 162 Views	Jun 6, 2019 by brittanywood
$1000.00 is deposited at the end of every month into an account earning 6.00% compounded monthly. If ... Started by MirandaLo	3 Replies 151 Views	Jun 6, 2019 by meganlapinski
A loan of $19 850.00 is to be repaid in quarterly payments of $620.00. How many payments are ... Started by evelyn o bentley	1 Replies 130 Views	Jun 6, 2019 by akemokai
How many monthly payments will it take for $1000.00 deposited at the end of each month to amount to ... Started by B	3 Replies 118 Views	Jun 6, 2019 by TheNamesImani
What deposit made at the end of each quarter will accumulate to $20 000.00 in four years at 4% ... Started by asmith134	3 Replies 148 Views	Jun 6, 2019 by yifu223

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