How would I calculate APR for a loan without using my calculator?
What would the APR calculation be for the following loan: Amount Borrowed: $200,000 Rate: 7.75% Term: 360 months Monthly payment: $1443.39
Percentage calculation with negative and positive numbers.
I need to know the answer and formula for the following in 2003 the store had a negative sale day of -$873 in 2004 the same store had a positive result of $2680 What is the percent of increase from the negative to the positve?
Promissory Note : Future Value for Continuously Compounding Interest
A promissory note will pay $30,000 at maturity 10 years from now. How much should you be willing to pay for the note now if money is worth 7% compounded continuously?
Compounded interest: exponential and logarithms
How many years (to two decimal places) will it take $5,000 to grow to $7,500 if it is invested at 8% compounded semiannually? Compounded continuously?
Continuously Compounding Interest : Goal Problem
The parents of a newborn child want to have $60,000 for the child's college education 17 years from now. At what rate of interest compounded continuously (to three decimal places) must a grandparent's gift of $20,000 be invested now to achieve this goal?
Future Value / Present Value and Annuity Tables
1. John started a paper route 1/1/95. Every three months, he deposit $500.00 in his bank account. The account earns 4% annually but is compounded quarterly. On 12/31/98, he used the entire balance in his account to invest in a contract that pays 9% annually. How much will he have on 12/31/01? 2. Joe invests $50,000 in a pro ...continues
Future Value/Present Value and Annuity Tables
1. You wish to retire in 18 years, at which time you want to have accumulated enough money to receive an annuity of $14,000 a year for 20 years of retirement. During the period before retirement , you can earn 11% annually and after retirement you can earn 8% annually. What annual contributions will allow you to receive $14, ...continues
Rate of return and interest problems are included
Calculate ROR.... (see attachment for full questions) I need to get some outline on a step by step method to solve the problem(s). Some of them involve optimisation.
Future Value / Present Value, Interest and Annuity Tables
1. If you borrow $15,618 and are required to pay the loan back in 7 equal annual installments of $300. What is the interest rate assocated with this loan? 2. Your rich uncle has offered you a choice of one of the three following alternatives. Which one would you take? a) $10,000 now b) $2000 a year for 8 years -equal inv ...continues
1. Common stock value-zero growth 2. Common stock value-constant growth. 3. Time Value
1. Common stock value-zero growth - The company's class A stock has paid a dividened of $5.00 per share for the last 15 years. Management expects to continue to pay at that rate for the forseeable future . Sally Talbout purchased 100 shares of common stock 10 years ago at a time when the required rate of return for the stock ...continues
