📘 finance
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Compound Interest
1. **State the problem:** Find the compound interest on 64000 for 1 year at an interest rate of 1% per annum compounded annually.
2. **Recall the compound interest formula:**
Compound Interest Quarterly
1. **State the problem:** We need to find the compound interest on 160000 for 1 year at an annual interest rate of 20%, compounded quarterly.
2. **Identify the formula for compound
Compound Interest
1. **State the problem:** We need to find the compound interest on Rs. 1000 compounded half-yearly at an annual interest rate of 8% for 1.5 years.
2. **Identify the variables:**
Valeur Actions
1. Énonçons le problème :
Mathilde observe deux actions, ABC et DEF.
Interest Calculations
1. Problem: Find the exact interest on PHP 65,250.00 at 9.5% from Mar. 12, 2020, to Sept. 15, 2020, using Approximate Time.
- Approximate Time counts each month as 30 days.
Interest Comparison
1. **Problem Statement:**
Calculate how much more interest is earned on a Php 10,000 deposit for 2 years at 8% interest when compounded quarterly versus semiannually.
Ordinary Interest
1. **State the problem:** Calculate the ordinary interest on a principal of 65250 at an interest rate of 9.5% from March 12, 2020, to September 15, 2020, using actual time.
2. **Ca
Exact Interest
1. **State the problem:** Calculate the exact interest on 65250 at 9.5% interest rate from March 12, 2020, to September 15, 2020, using approximate time.
2. **Calculate the time pe
Simple Interest
1. The problem states Jill invests 800 at 4% simple interest per annum and wants to find the amount after 18 months.
2. Simple interest formula is $$I = P \times r \times t$$ where
Interest Future Value
1. **Find the exact interest on PHP 65,250.00 at 9.5% from Mar. 12, 2020, to Sept. 15, 2020 using Actual Time.**
- Calculate the number of days between Mar. 12 and Sept. 15, 2020.
Tax Interest
1. The problem asks to find the total amount to pay after 10 years if an initial tax of 9559 is subject to 15% interest per year.
2. This is a compound interest problem where the t
Inflation Adjusted Salary
1. **State the problem:** We want to find the equivalent annual salary today that would have the same value as $249,000 received in 30 years, considering an annual inflation rate o
Compound Interest
1. **State the problem:** We want to find the principal amount $P$ that must be invested at an interest rate of 6.5% compounded semi-annually to obtain a balance of $A = 70000$ aft
Compound Interest
1. The problem is to find the total amount after investing 7000 at an interest rate of 5% per annum compounded annually for 2 years.
2. The formula for compound interest is $$A = P
Investment Value
1. **State the problem:**
Sam invests 15000 at 7.5% per annum compounded annually.
Currency Conversion
1. The problem states that 1 dollar equals 0.79 pounds.
2. We need to convert 23.50 dollars to pounds using the exchange rate.
Usd To Eur
1. **State the problem:**
A South African exchanges 525 USD into South African rand (ZAR), then uses the rand to buy euros (EUR). We need to find how many euros he can purchase.
Compound Interest
1. **State the problem:** Calculate the compound interest on a principal of 10000 over 3 years with varying interest rates: 4% for the first year, 5% for the second year, and 6% fo
Compound Interest Time
1. **State the problem:**
We have a principal amount $P = 18300$ that grows to an amount $A = 89265$ at a compound interest rate of 5% per annum. We need to find the time $t$ in ye
Gross Salary
1. The term "gross salary" refers to the total amount of money an employee earns before any deductions are made.
2. It includes the base salary plus any additional earnings such as
Loan Installments
1. **State the problem:** A loan of 3624 is borrowed today and repaid in three equal installments due at 1.5 years, 3.5 years, and 5.5 years. The interest rate is 7.7% compounded m