📘 finance

1. **State the problem:** A loan of 20000 is taken with a compound interest rate of 8% annually for 1 year. We need to find the total amount to be repaid at the end of the year. 2.

1. **State the problem:** A loan of 20000 is taken with a compound interest rate of 8% annually for 1 year. We need to find the total amount to be repaid at the end of the year.

1. **State the problem:** A loan of 20000 is taken with a compound interest rate of 8% annually for 1 year. We need to find the total amount to be repaid at the end of the year.

1. **Problem Statement:** Maria deposited 15000 in a savings account with an annual compound interest rate of 6%. We want to find the formula to determine her balance after 3 years

1. **State the problem:** Juan invested 10000 for 2 years at a simple annual interest rate of 5%. We need to find how much interest he earned. 2. **Formula for simple interest:**

1. The problem asks which factor is NOT required when computing simple interest. 2. The formula for simple interest is $$I = P \times r \times t$$ where:

1. The problem asks to distinguish compound interest from simple interest. 2. Simple interest is calculated only on the principal amount, while compound interest is calculated on t

1. **Problem Statement:** A man deposits 50000 in an account with an annual interest rate of 3.5%. We want to find the amount in the account after 7 years with interest compounded

1. **State the problem:** We need to find the missing values in the compound interest table, specifically the period $j = m \cdot r$, the years $t$, the total interest conversions

1. **State the problem:** Calculate the total Australian dollar (A$) cash flow for year-two from subsidiaries in China, India, and Malaysia after investments and currency adjustmen

1. **State the problem:** A man borrowed 25,000 with a promissory note for one year. He received 21,915 after the bank deducted advance interest and 85 for fees. We need to find th

1. **State the problem:** Maxine earned a salary of $43,562 and tutoring income of $190 per week for 42 weeks. She has allowable deductions of $3,120. She pays 16% tax on her fortn

1. The problem: Calculate simple interest. 2. The formula for simple interest is:

1. The problem involves calculating the interest payment, principal payment, and new loan balance for each payment period of a loan. 2. The formula for interest payment in each per

1. **State the problem:** Puk wants to decide between two savings accounts with different interest rates and compounding frequencies to maximize her savings. 2. **Formula used:** T

1. **State the problem:** Calculate the quarterly payment for a $12000 motorcycle loan over 5 years at an annual interest rate of 7.2%, with payments made quarterly. 2. **Formula u

1. **Problem statement:** Noah wants to have 12,000 in 5 years by investing today in a savings account with 6.7% annual interest compounded quarterly. We need to find: a. The princ

1. **State the problem:** Calculate the interest to be paid on September 1 using the unpaid balance method. 2. **Given data:**

1. **Problem statement:** We have an initial amount of 8500 and an interest rate of 3% per year. We want to find the amount in the account after 1 year and after 2 years.

1. **Problem Statement:** We have an initial principal of $2000$ placed in an account with an annual interest rate of $9\%$, compounded yearly. We want to find the amount in the ac

1. **State the problem:** Bryn takes out a loan of 800 pounds with a compound interest rate of 28% per year. We need to find how much Bryn will owe after 14 years, rounded to the n