📘 finance

1. **Stating the problem:** A car price of R 379600 includes VAT. We need to find the VAT exclusive amount. 2. Let the VAT rate be $r$. Usually, VAT is around 15% (0.15), but since

1. **State the problem:** Calculate the total tax and net income for taxable incomes of $29000 and $57000 using the given tax table. 2. **Tax bracket for $29000:** $29000 is betwee

1. Stating the problem: You want to find the average daily expenses based on your total fixed monthly expenses. 2. Given information: Your total monthly expenses, which include ren

1. **State the problem:** A person can either pay P6,500,000 cash now or pay P4,000,000 down and P4,200,000 after 5 years. Money earns 8% annual interest compounded quarterly. We w

1. **State the problem:** A farmer borrows 2400 at a 12% simple interest rate per annum. We need to find the simple interest after 2\n\n\ndef\n2\n\n2\n\n\n\n\n2\n\n\n\n\n 12 \n12 \

1. Énoncé du problème : Un bon d'épargne est acheté pour 1000 𝑃 avec 5% de frais d'entrée. Le montant remboursé dans 8 ans est $C$. Le taux annuel de capitalisation est 5,25%.

1. The problem states that \$1 USD equals 58.00 (units of the other currency). This means 1 USD = 58 units. 2. We want to find out how much 2,900 units of this currency is worth in

1. We are given that 1 SDG = 43.20. 2. The problem asks to find how much 4,320 SDG is in Singapore dollars.

1. **State the problem:** Jimmy pays R3876.90 monthly towards a 12-year home loan with an annual interest rate of 11.75% compounded monthly. We need to find the initial loan amount

1. **State the problem:** We want to find the quarterly deposit amount needed so that after 5 years, with interest compounded quarterly at 7.5% per year, the company will have R900

1. Stated Problem: Tumi deposits 500 every quarter for 12 years in an account with an 8% annual interest rate compounded quarterly. We want to find the account balance right after

1. **State the problem:** Evie takes out a loan of 600 pounds which gains compound interest at a rate of 24% per year. 2. **Identify the formula for compound interest:** The amount

1. We are asked to determine the tax payable on the income computed in part (b)(i). 2. Assume the income from part (b)(i) is $I$ (replace with actual computed income).

1. **State the problem:** An investor wants to invest in two companies, Company 1 (extractive) and Company 2 (tech).

1. The problem states that Halima owed £427.33 at the end of 2002 and £592.39 at the end of 2007. 2. We need to find how much interest the loan gathered over the next 3 years start

1. The problem states that Shaun owed £538.44 at the end of 2003 and £679.07 at the end of 2008. We want to find the amount of interest the loan gathered over the next 3 years afte

1. **State the problem:** Calculate the Internal Rate of Return (IRR) using interpolation for TechMinds Ltd's project. 2. **Given:**

1. **State the problem:** Calculate the Net Present Value (NPV) for purchasing tourist vans costing 150000 with annual cash inflows of 50000 for 5 years, given a cost of capital of

1. **Problem Statement:** Calculate the Internal Rate of Return (IRR) for TechMinds Ltd's new software system investment using the interpolation method given:

1. We are given the principal amount $P=100000$, the simple interest $SI=25200$, and the time period $t=9$ years. We need to find the rate of interest $r$. 2. Recall the formula fo

1. **Stating the problem:** We need to calculate the Net Present Value (NPV) of a project where the initial investment is 150000 and annual cash inflows are 50000 for 5 years. The