Description : An amount of $48,000 is borrowed for 14 years at 7.75% interest, compounded annually. If the loan is paid in full at end of that period, how much must be paid back?
Last Answer : 82
Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900
Last Answer : Total interest = 20000 × 110/100 × 110/100 × 120/100 - 20000 = 29040 - 20000= Rs. 9040 Answer: b)
Description : Where to find Excel template to calculate interest compounded monthly?
Last Answer : do you have a fixed monthly interst rate? . . . are there any principal additions or subtractions involve?
Description : How much would 300 invested at 4 interest compounded monthly?
Last Answer : Need answer
Description : Effective and nominal interest rates are equal, when the interest is compounded (A) Annually (B) Fortnightly (C) Monthly (D) Half-yearly
Last Answer : (A) Annually
Description : Shweta deposits a certain amount on 1st January and 1st July (Same amount on both days) in a bank that offers 5% compound interest, compounded half-yearly. Shweta gains interest of Rs.121 at the end of the year. How much money did Shweta deposit? a) 1200 b) 1300 c) 1400 d) 1500 e) 1600
Last Answer : Let the amount be P Half yearly rate = 5/2 = 2.5% For the deposit on January, Amount = P (1 + 2.5 / 100)2 For the deposit on July, Amount = P (1 + 2.5 /100) We can solve the question by ... Amount in July = 1600 1.025 = 1640 So total interest = 81 + 40 = 121 Required answer is 1600 Answer: e)
Description : What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?
Last Answer : What is the total amount of money owed if $1,250 was borrowedfor four years at 3.5% interest?
Description : What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?
Last Answer : What is the answer ?
Description : Would you have loaned this person $20.00?
Last Answer : My father told me never to loan anyone more than you could afford to lose. I have always followed his advice.
Description : Some amount out of Rs. 10000 was lent at 6 % p.a. and the remaining at 4% p.a. If the total simple interest from both the fractions in 5 years was Rs. 1500, then the ratio of the 2 different amount is A)1:3 B)3:1 C)1:4 D)3:2
Last Answer : A)1:3
Description : An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be (A) 1000 (1 + 0.1/4)20 (B) 1000 (1 + 0.1)20 (C) 1000 (1 + 0.1/4)5 (D) 1000 (1 + 0.1/2)5
Last Answer : (A) 1000 (1 + 0.1/4)20
Description : If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years Use the continuous compound interest formula: A = Pert?
Last Answer : 10001/999900
Description : What interest rate is required for an investment with continuously compounded interest to double in 8 years?
Last Answer : It is approx 8.66%
Description : Present rate of interested on on 1, 2, 4, 5 years fixed deposit(TD) is a) 6.25%, 6.50%, 7.25%, 7.50% b) 7.25%, 7.50%, 8%, 8.2% c) 8.2%, 8.3%, 8.4%, 8.5% d) None of these
Last Answer : c) 8.2%, 8.3%, 8.4%, 8.5%
Description : What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearly d) None of these
Last Answer : a) 8.8% per annum compounded yearly
Description : A shopkeeper sells speaker at the rate of Rs 914each and earns the commission of 4%. He also sells phones at the rate of Rs 160each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 20 speaker and 12phones per day?
Last Answer : Sp of modem=Rs 914 Commission of one speaker =4*914/100 Commission of 20 speakers = 4*914*20/100=Rs 731.2 Commission of one phone = 20*160/100 Commission of 12 phones = 20*160*12/100=384 Total ... 384) = 1115.2 The amount of commission will he earn in 2 weeks = 1115.2*14= Rs 15,612.8
Description : I am the PR of a person who died. Assets include a note owed for a substantial amount of money.
Last Answer : Welcome to ask-public, Kathleen. I think this is a question for a probate lawyer.
Description : What Amount of money owed by a country to its lenders?
Description : Would you be pissed at a friend who owes you a significant amount of money but is always spending money on things other than paying you back?
Last Answer : answer:I would learn my lesson. Never loan money to someone that doesn't put my friendship above things/stuff. Then, I would tell said friend that I expect a weekly payment of X dollars beginning ... way I'd have a record with a signature for small claims court should I need it in the future.
Description : The amount of compounded interest during 'n' interest periods is (A) p[(1+i)n- 1)] (B) p(1 + i)n (C) p(1 - i)n (D) p(1 + in)
Last Answer : (A) p[(1+i)n- 1)]
Description : Lazy Larry agreed to work on a job for his brother-in-law for thirty hours at eight dollars an hour, on the condition that he would forfeit ten dollars per hour for every hour that he idled. At the ... -in-law any money either. How many hours did Larry work and how many hours did he idle? -Riddles
Last Answer : Lazy Larry worked 16-2/3 hours and idled 13-1/3 hours. 16-2/3 hours, at $8.00 an hour amounts to the same amount as 13-1/3 hours at $10.00 per hour.
Description : An investment pays Rs.300 annually for five years, with the first payment occurring today. The present value of the investment discounted at a 4% annual rate is approximately __________. a) Rs.1336 b) Rs.1389 c) Rs.1625 d) Rs.1925
Last Answer : b) Rs.1389
Description : In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?
Last Answer : Feel Free to Answer
Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?
Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.
Description : Supriya invests 35% of her monthly salary in insurance policies. She spends 45% of her monthly salary in shopping and on household expenses. She saves the remaining amount of `25,750. What is Supriya's monthly income? a) 128750 b) 160050 c) 205200 d) 263400 e) 391800
Last Answer : Answer: A Percentage savings of Supriya = 100 – (35 + 45) = 20% Let her monthly income be x x X 20 /100 = 25750 x = 25750 × 100/20 x = 128750
Description : Vasavi spends 50% of her monthly income on grocery, clothes and education in the ratio of 8 : 4 : 10 respectively. If the amount spent on clothes is 2770/–, what is Vasavi's monthly income? a) 15235 b) 65000 c) 55400 d) 30470 e) 98700
Last Answer : Answer: D Ratio of Expenses = 8: 4: 10 therefore amount spend on clothes, i.e. 4x = 2770 x = 692.5 Total exp = (8 + 4 + 10)x = 22x. = 22 × 692.5 = 15235 Monthly income be x. 50% of x = 15235 x = 15235 × 100/ 50 X = 30470
Description : How do you determine the instantaneous rate of change of compound interest compounded annually?
Last Answer : The derivative is at*ln(a) wheret is the time period, ln is the natural log and a is the multiplier for the annual interest rate: eg if the interest rate is r% then a = (1 + r/100).
Description : If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be __________ percent. (A) 10 (B) 20 (C) > 20 (D) < 20
Last Answer : (C) > 20
Description : How much money must be deposited today to become 2450 in 20 years at 8.5 compounded continuously?
Last Answer : 479.26 needs to be invested to get to 2450 after 20 years at8.5% compound interest.
Description : Mark the correct statement: a) A withdrawal in a PPF account can be refunded in not more than 36 monthly installments: b) Interest on withdrawal taken from a PPF account is one percent above ... 1st withdrawal with interest thereon d) The amount of withdrawals in a PPF Account is not repayable
Last Answer : d) The amount of withdrawals in a PPF Account is not repayable
Description : What is the compounded ratio of ` 6 1/2 : 8 2/3 and 3 3/4 : 5 1/3`?
Last Answer : What is the compounded ratio of ` 6 1/2 : 8 2/3 and 3 3/4 : 5 1/3`?
Description : The maximum amount of chlorides and sulphates should not be more than [ A ] 0.15% and 4% by mass of cement respectively [ B ] 4% and 0.15% by mass of cement respectively [ C ] 0.30% and 2% by mass of cement respectively [ D ] 2% and 0.30% by mass of cement respectively
Last Answer : [ A ] 0.15% and 4% by mass of cement respectively
Description : The amount of barbaloin present in Aloe vera is (A)
Last Answer : (B) 3.5-4%
Description : how much the enterest rate today and how much the monthly payment of 400,000 and five years fix?
Last Answer : The payment depends on how much you put down and how much they charge for insurance. interest is 5+
Description : Mark the correct option MIS account opened on or after 01 Apr 12 a) The rate of interest shall be 8.5 % per annum payable monthly. b) No withdrawal will be allowed before expiry of maturity period 5 years c) No bonus shall be payable d) All the above
Last Answer : d) All the above
Description : Mark the correct option a) A RD account can be opened with min deposit of Rs 10/- and multiple of Rs 5/- b) No max deposit will be prescribed in RD account c) Rebate will be paid on 6 advance ... fails to deposit his/her monthly deposit up to last working day of a calendar month, d) All the above
Description : Deepa decided to donate 16% of her monthly salary to an NGO. On the day of donation she changed her mind and donated Rs. 6,567/- which was 75%of what she had decided earlier. How much is Deepa’s monthly salary? a) Rs. 54,725/- b) Rs. 58,756/- c) Rs. 56,700/- d) Rs. 55,696/- e) Rs. 52,696/-
Last Answer : Let the Deepa Monthly Salary = x Deepa decided to donate 16% of her monthly salary. On the day of donation she changed. So, 75%of she had decided earlier of 16% 16 × 75/100 = 12% Therefore = 12%= Rs. 6567 100% = Rs .6567 × 100 / 12 x = Rs. 54725 Answer: a)
Description : what Calculate the new balance after one year on a savings account if the previous balance was $230.10 and the interest rate was 4%.?
Last Answer : 239.3
Description : Wha% is the annual average growht rate of agriculture in last decade of 2000s? A. 2.7% B. 3% C. 3.5% D. 4%
Last Answer : ANSWER: A
Description : Which Financial institutions has announced a comprehensive Housing finance scheme called prapti with an attractive 4% interest rate? A) Tata Capita Housing B) LIC Housing C) Reliance Home D) HDFC Ergo E) Housing and Urban Development Corporation Ltd.
Last Answer : A) Tata Capita Housing Explanation: Tata Capita Housing Limited announced a Comprehensive Housing finance scheme called Prapti with an attractive 4% interest rate for people earning less than Rs 6 lakh a year.
Description : Interest rate on 10 year NSC is a) 8.6% b) 8.4% c) 8.5% d) 8.9%
Last Answer : d) 8.9%
Description : What is the current rate of interest on saving accounts? a) 3.5% b) 4% c) 8% d) 8.2 %
Last Answer : b) 4%
Description : If a customer booking speed article for Rs 50,000/‐ to 1,00,000/‐ in a month then what is the rate of discount applicable for the speed booking ? a) 5% b) 3% c) 4% d) None of these
Last Answer : a) 5%
Description : When caring for a patient with an uncomplicated, mild urinary tract infection (UTI), the nurse knows that recent studies have shown which of the following drugs to be a good choice for ... to be significantly more effective than TMP-SMX in community-based patients and in nursing home residents.
Last Answer : a) Levofloxacin (Levaquin) Levofloxacin, a floroquinolone, is a good choice for short-course therapy of uncomplicated, mild to moderate UTI. Clinical trial data show high patient compliance with the 3-day regimen (95.6%) and a high eradication rate for all pathogens (96.4%).
Description : The interest rate on a bond ______ by________ for each______ in the bond rating category. a. Increases; 0.5%; Decrease b. Decreases; 1.4%; Decrease c. Increases; 0.5%; Increases d. Decreases; 1.4%; Increase e. Increases; 7.5% ; Decrease
Last Answer : a. Increases; 0.5%; Decrease
Description : What is your bond rate? The prime rate is 10%; your current bond rating slipped one category (from AAA to AA). a. 12.1% b. 10.5% c. 11.4% d. 11.2%
Last Answer : b. 10.5%
Description : What is the approximate overall average growth rate for all five segments industry? a. 14% b. 19% c. 4% d. 9%
Last Answer : a. 14%
Description : Which of the following is the capitalization rate of the BC Ltd.? a) 5.0% b) 3 % c) 4% d) 4.5%
Last Answer : c) 4%