📘 finance
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Annuity Calculations
1. **Problem Statement:** Calculate the future value (FV), present value (PV), and amounts (A and A_{pv}) for different annuities using given formulas and values.
2. **Future Value
Compound Interest
1. **Problem statement:** Tebogo deposited 15000 at 9.6% p.a. compounded quarterly. After 6 months, she withdrew 5000. Two years after the initial deposit, she deposited 3500. Find
Financial Model
1. **Problem Statement:**
Create linked Income Statement and Balance Sheet models in Excel using given inputs and formulas, then calculate financial ratios on a separate sheet.
Simple Interest
1. **State the problem:**
Jenny invests 5600 into a bank on 20 March 2024 at a simple interest rate of 3.2% per annum. We need to find the interest amount on 12 June 2024 using bot
Simple Interest Time
1. **State the problem:** Mike borrows 7800 at a simple interest rate of 4% per annum. The total amount accumulated after $t$ years is 8892. We need to find $t$.
2. **Formula used:
Promissory Note
1. **State the problem:** Vernon received a 120-day promissory note on 18 February 2024 with a face value of 15000 and an interest rate of 5.5% per annum. We need to find the matur
Loan Discount
1. **State the problem:**
Cherry wants to take a loan of amount $X$ with a discount rate of 3.5% for 120 days. The proceeds (amount received after discount) is RM 3,300. We need to
Simple Interest
1. **Problem statement:** Lisa borrowed 4600 at a simple interest rate of 3% per annum on 15 February 2024. We need to find the amount she must pay on 10 June 2024 using both appro
Promissory Note
1. **Stating the problem:** Haerin received a 90-day promissory note from Jake with a simple interest rate of 6.5% per annum and a face value of 3280. The note matured on 20 April
Simple Interest Rate
1. **State the problem:** Ameera saved 5000 in an account with simple interest rate $r\%$ per annum for 120 days and earned 240 interest. We need to find $r$.
2. **Formula for simp
Simple Interest Days
1. **Problem Statement:** Shila invests 65000 at a simple interest rate of 7.5% per annum. The amount accumulates to 66354.17 on 20 December 2023. We need to find the number of day
Promissory Note
1. **Problem Statement:**
Jen received a 180-day promissory note of 6500 dated 1 January 2024 with a simple interest rate of 7% per annum. The note was discounted 25 days before it
Bank Discount Time
1. **State the problem:** Joshua borrowed RM10,000 for $t$ days with a bank discount rate of 3.93% per year and received RM9,836.25. We need to find the value of $t$ in days.
2. **
Grossing Up
1. **Stating the problem:**
We want to understand the grossing up mechanism in payments involving Tax Deducted at Source (TDS) and Value Deducted at Source (VDS).
Sell Call Option
1. Let's clarify the problem: You asked "because sell call option?" which seems to inquire why someone would sell a call option.
2. A call option gives the buyer the right, but not
Markowitz Portfolio
1. **Problem Statement:**
Chris wants to allocate between two risky portfolios (S&P fund and Hedge fund) and a risk-free asset. We need to find the optimal risky allocation, expect
Simple Interest
1. **State the problem:** Kenneth borrowed 5000 at 5% annual simple interest. He plans to pay after 1 year and 3 months. We need to find the total amount he should pay.
2. **Formul
Compounding Payment
1. The problem is to identify the financial concept where compounding and payment periods happen simultaneously.
2. Let's define the terms:
General Annuity
1. The problem is to identify the term used when the payment period does not match the interest compounding period.
2. Let's define the terms:
Simple Interest
1. **Problem statement:** You want to have 110000 in 5 years with a simple interest rate of 2%. We need to find the principal amount to invest now.
2. **Formula for simple interest
Retirement Annuity
1. **State the problem:**
Ashley buys an annuity paying $2,500 every six months for 11 years, then $100 every month for 4 years. Interest rate is 2.1% compounded quarterly. We want