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Finance Questions & Answers

Q:
How much money should be deposited today in a account that earns \( 10.5 \% \) compounded monthly so that accumulate to 22,000 in four year
Q:
The balance on a credit card, that charges a \( 28.5 \% \) APR interest rate, over a 1 month period has a daily balance of \( \$ 145 \). What is the finance charge, on the average daily balance, for this 1 month period? \[ 28.5 \%=0.285 \] Hint: Divide the decimal by 12 to get the monthly interest rate. Do not round that answer. Take that answer and multiply it to the average daily balance. Finance charge = \( \$[ \) ? ]
Q:
The balance on a credit card, that charges a \( 28.5 \% \) APR interest rate, over a 1 month period has a daily balance of \( \$ 145 \). What is the finance charge, on the average daily balance, for this 1 month period? \( 28.5 \%=0.285 \)
Q:
The balance on a credit card, that charges a \( 28.5 \% \) APR interest rate, over a 1 month period is given in the following table: \begin{tabular}{lll|}\hline Days \( 1-3: \) & \( \$ 150 \) & (initial balance) \\ Days \( 4-20: \) & \( \$ 200 \) & \( (\$ 50 \) purchase) \\ Days 21-30: & \( \$ 50 \) & (\$150 payment) \\ \hline\end{tabular}
Q:
En una empresa se tiene que la venta mensual de sus productos es de 38 unidades en promedio, la producción de cada producto cuesta 3 dólares y el gasto fijo mensual de la empresa por efectos de nomina y arrendamiento es de l dólares. Si la empresa desea tener una utilidad mensual de 67 dólares, a que valor debería vender cada producto. digite su respuesta con un valor decimal utilizando coma (.) (ejemplo 4,2),
Q:
At a given annual interest rate your money grows fastor as the compourding Period becomes shorter trale or false
Q:
The account earns interest at a rate of \( 9 \% \) per annum compounded semi-annually fi the first 18 months and thereafter \( 7,5 \% \) per annum compounded monthly. How much money will be in the account exactly 5 years after the initial deposit?
Q:
2) \( \begin{array}{l}p=210.000 \\ r=5 \% \\ t=30\end{array} \)
Q:
\( D=\$ 260, r=4 \%, t=3 \) years
Q:
depreciates on the straight-line method at a rate of \( 17 \% 000 \) for it. The car's value of Melissa's car 5 years after she bought it. Calculate An investment eams interest at a rate of \( 8 \% \) per annum compounded quarterly. \( 4.2 .1 \quad \) At what rate is interest earned cach quarter of the year?
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