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Finance
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Questions (11,989)
£4000 is invested at 1.5% compound interest.
Show that the value of the investment after 2 years is £4120.90. Thanks to anyone
7 answers
asked by
Alfredo
4,167 views
What simple interest rate is equivalent to a compound interest rate of 6% p.a. over 10 years correct to two decimal places?
5 answers
asked by
Lilly
2,377 views
Finn deposited $3,500 in a new account at his bank.
The bank pays 5.5% interest compounded annually on this account. Finn makes
1 answer
asked by
k
100 views
An annuity account earns biannual payments (e.g. two payments per year) and has an annual interest rate of 5 percent. What value
1 answer
asked anonymously
37 views
Question
You decide to open a checking account at your local bank and have $100 to put into it. Which type of transaction will
1 answer
asked by
s
47 views
Shantelle really likes problem solving and working with numbers. She is interested in becoming a financial analyst. She is a bit
1 answer
asked anonymously
41 views
Which statement describes Chapter 13 bankruptcy? Select all that apply.
(1 point) Responses All of the debtor’s assets are
1 answer
asked anonymously
84 views
Question 4 (8 Marks)
Read the following scenario and answer the questions that follow: Scenario: John is a small business owner
1 answer
asked anonymously
20 views
Budgets are built on averages.
(1 point) True False
1 answer
asked anonymously
14 views
First bank pays 7 percent simple interest on its investment accounts. If second bank pays interest on its accounts compounded
6 answers
asked by
Sabitri
1,654 views
You are debating about whether to buy a new computer for $800.00 or a refurbished computer with the same equipment for $640.00.
7 answers
asked by
Anonymous
5,950 views
You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 35-year mortgage loan for 75 percent
4 answers
asked by
KATE
7,651 views
Lane French had a bad credit rating and went to a local cash center. He took out a $100 loan payable in two weeks at $115. What
5 answers
asked by
marie
6,931 views
Which type of bank generally has the lowest operating costs?
-retail banks -commercial banks -credit unions -online banks
3 answers
asked by
Helloooo
190 views
You are paid $7.45/hr at your part-time job. Your deductions are FICA (7.65%), federal tax withholding (10.65%), and state tax
7 answers
asked by
dj--
7,633 views
Eli has an outstanding balance of $498.16 on his bank credit
card. Find the finance charge for the month if it is calculated at
3 answers
asked by
t
148 views
2. How does this tendency affect the loans granted to new technology and media companies?
a. These companies' loans are smaller.
1 answer
asked by
rstaats88
178 views
Silvio's gross earnings for last week were $328.54. His remuneration consists of a base salary of $280 plus a commission
4 answers
asked by
Aron
3,821 views
Find the APR (true annual interest rate), to the nearest half percent, for the following loan.
Amount Financed = $1200 Finance
5 answers
asked by
McD30
5,395 views
(a)A loan of 12 000 was borrowed from a bank at 14% per annum
Calculate (i) The interest on the loan at the end of the first year
10 answers
asked by
INDIANA
3,044 views
1. An invoice is dated August 29 with terms of 4/15 EOM. What is the discount date?
2. What is the net date for the scenario in
4 answers
asked by
zeenat
3,878 views
Michelle has half of her investments in stock paying a 6% dividend and the other half in a stock paying 10% interest. If her
4 answers
asked by
ivan
1,652 views
Billy’s Chrystal Stores, Inc., has assets of $5,000,000 and turns over its assets 1.2 times per year. Return on assets is 8
4 answers
asked by
Anonymous
3,654 views
A certain department store requires its credit-card customers to pay interest on unpaid bills at the rate of 18% per year
4 answers
asked by
Help plis
2,029 views
Find the accumulated value of a $5000 investment which is invested for 8 years at an
interest rate of 12% compounded: (a)
4 answers
asked by
ROSE
1,596 views
Proctor Micro-Computers, Inc. requires $1,200,000 in financing over the next two years. The firm can borrow the funds for two
4 answers
asked by
Anonymous
1,197 views
Dolores Invest $8500 in a new savings account which owns 3.1% annual interest, compounded daily. What will be the value of her
4 answers
asked by
Brianni
2,395 views
Calculate the compound interest on 7400 in 4years at 6% p.a. if interest is calculated every three months
4 answers
asked by
Anonymous
833 views
what is an interest rate
A:a loan add-on B:a required bank fee C:a service provided by a retail store D:a sprcial typ of price I
6 answers
asked by
Sunny Dreams <3
1,772 views
How long would you have to invest $5300 at 7.2%/a simple interest to earn $1200 interest
4 answers
asked by
Annie
1,187 views
A car dealer receives 6% commission on each car sold. He sold 4 new cars at #2.35 million each and 2 refurbished cars at
4 answers
asked by
Franca
402 views
(make a cash flow diagram)
A project your firm is considering for implementation has these estimated costs and revenues: an
3 answers
asked by
John
1,005 views
If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?
A. non-revolving B.
6 answers
asked by
jj
601 views
Mark has $43.82 in his checking account. He deposits $12.69 on Monday. He spends $15.78 at the movies on Tuesday.
What is the new
4 answers
asked by
landon
557 views
Find the compound interest on 650 in 5years at 4% per anum . Calculate using alternative method
6 answers
asked by
Oluomachi
267 views
Find the net date for an invoice dated August 7, with terms 4/20, 50 Extra. (Points : 2)
4 answers
asked by
shirley
2,797 views
Which is an example of a lending investment?
A. stocks B. bonds C. money market D. cash
1 answer
asked by
Jonnatan Reyez
410 views
Which statement is true about principal?(1 point) Responses It is a simple way to compare all the various elements of different
3 answers
asked anonymously
99 views
What is speculative risk? (1 point) Responses loss of money or decrease in value. loss of money or decrease in value. gain or
11 answers
asked anonymously
92 views
Which of the following is a benefit of fixed interest rates for borrowers?(1 point) Responses Fixed interest rates are initially
1 answer
asked by
Indiana Thier
45 views
QUESTION 2 ` (25 Marks)
Dundee (Ltd) is a dairy company which is in the process of negotiating the acquisition of Glencoe (Ltd).
1 answer
asked anonymously
78 views
Question 4 (25 marks)
4.1 Discuss the THREE (3) Working Capital Financing policies ( 9marks) 4.2 Discuss the following sources of
1 answer
asked anonymously
41 views
Which of the following is a typical characteristic of debit cards?(1 point)
Responses Your bank may charge you a very large fee
1 answer
asked anonymously
23 views
Which of the following identifies how revenue bonds raise revenue for state and local governments in Texas?(1 point)
Responses
1 answer
asked by
dale
17 views
Leena is a senior in high school. She babysits regularly and deposits her earnings into a checking account. She wants to get a
1 answer
asked by
Bot GPT 3.5
21 views
Elliot owes $215,000 on his house and has three credit cards. He has not missed a payment in 10 years. Determine whether this is
1 answer
asked by
JavierAsksAQuestion
30 views
You buy a $3,000 piece of furniture by opening up a new credit card that offers 0% interest if you pay it off in 24 months. If
1 answer
asked by
s
27 views
Which of the following taxes is taken from a person’s individual wages?(1 point)
Responses a Corporate tax b Property tax c
1 answer
asked by
LostCoward
11 views
Garrison dreamed of a buying a large mansion by the ocean, where he could take long walks on the beach. He set a personal
3 answers
asked anonymously
11 views
Which term describes the fee that banks pay to customers with savings accounts?
A. debit B. cash flow C. interest D. bond
1 answer
asked anonymously
24 views
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