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📘 finance math

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Taxation Help
1. You asked if I can answer taxation problems. 2. While I specialize in math and related subjects, I can help with basic taxation calculations involving percentages, rates, and si
Interest Calculations
1. The problem involves calculating interest or proportional values using the formula $$\text{Value} = \frac{P \times r \times t}{365}$$ where $P$ is principal, $r$ is rate, and $t
Tax Calculation
1. The problem is to express the tax payable $T$ as a function of taxable income $I$ based on the given income ranges and tax rules. 2. Define $T(I)$ in pieces according to the inc
Monthly Tv Payments
1. **State the problem:** You buy a TV for 800 shs paying in 18 equal monthly installments at an interest rate of 1.5% per month on the unpaid balance. We want to find: - (a) The m
Interest Calculations
1. Problem: Rhemia invested 3000 at 3.9% annually for 5 years. Find the amount after 5 years. Step 1: Use the simple interest formula $$A = P(1 + rt)$$ where $P=3000$, $r=0.039$, $
Commission Sales Tax Interest
1. Problem 8: Jha bought a lipstick with tag price ₱600 plus 8% sales tax. How much should she pay? Step 1: Calculate the sales tax amount.
Loan Lottery Savings
1. Problem 1: Find the initial price of the car given monthly payments of $315, for 3 years, with an annual interest rate of 12.4% compounded monthly. Step 1: Identify variables:
Loan Interest
1. **State the problem:** Calculate the quarterly interest rate and total interest periods for a loan of 25000 with an 8% annual interest rate, a 6-year term, and quarterly payment