I’m going back to college after 10 years so it’s been forever since I’ve had to do an annuity problem lol and I need a little help, I think I’m having problems with the fractions…
Here’s the problem -
Find the future value of the following annuity due:
Payments of $2310 for 7 years at 10.2 % [...]
Posts Tagged ‘help’
need help with the future value of an annuity?
Posted by ifydcat on April 21st, 2010
Must figure out what I’m doing wrong! Please try to help, examination tomorrow!?
Posted by ifydcat on April 19th, 2010
The finance plan includes $150 down, with payments of $113 at the end of each month for 1.5 years.
Determine the annual interest rate being charged, if the interest is compounded monthly.
The selling price is $1894
And show mathematical steps using one or more of these formulas:
compound interest: a = p (1+i) ^ n
present value: pv= a [...]
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Tags: doing, Examination, Figure, help, must, Please, tomorrow, wrong 
1 Comment »Need help in Business Mathematics?
Posted by ifydcat on April 19th, 2010
1)If the salary of an employee is as follows:
Basic salary = 12,000 Rs.
Allowances = 4,000 Rs.
Then cost of the company on account of leaves (8%), group insurance/medical (4.5%) and other social benefits (6.2%) are
a) Leaves cost = 0.08 x 16000
Group insurance/medical = 0.045 x [...]
please help me with annuity question.i am so confussed?
Posted by ifydcat on April 18th, 2010
how much money must be deposited now at 6% interest compounded semiannually to yield an annuity payment of $4,000 at the beginning of each 6-month period for a total of 5 years?
Useful Posts/Blogs:
How to Decide on an Annuity Payment Option | FavStocks
Credit Finance » Blog Archive » Annuity Investments-Are Annuities Right For [...]
Corporate Finance Questions need help!!?
Posted by ifydcat on April 18th, 2010
1. you expect to retire 25 years and wish to accumulate $750,000 in your retirement fund by the date you retire. If the interest rate is 10% per annum, how much should you deposit into your retirement fund each year to achieve your goal?
2. A bond with a face value of $1,000 and [...]