📘 finance

1. The phrase "in excess K12,000" means an amount greater than 12,000 units of currency called K. 2. "In excess" is a way of saying "more than" or "over" a certain number.

1. **Problem:** James invested 150000 at 2.5% interest compounded semi-annually. Find the maturity value after (a) 4 years, (b) 8 years, and (c) find the additional interest earned

1. प्रश्न 1: दूसरे वर्ष 12% वार्षिक दर पर चक्रवृद्धि ब्याज के साथ राशि ज्ञात करना। चक्रवृद्धि ब्याज की गणना सूत्र है: $$A = P\left(1 + \frac{r}{100}\right)^n$$

1. The problem is to understand and calculate compound interest. 2. Compound interest is the interest calculated on the initial principal, which also includes all the accumulated i

1. The problem states that the price of a brand-new car including VAT is 379600. We need to find the price before VAT (VAT exclusive amount). 2. Let the VAT rate be 15% (a common V

1. The problem requires calculating Seleponale's monthly UIF contribution from his gross income of 4278. 2. UIF (Unemployment Insurance Fund) contributions are typically calculated

1. State the problem: Meron invested 6000 at a yearly simple interest rate of 3%, earning 450 in interest. We want to find how long (in years) the money was invested. 2. Recall the

1. The problem asks to find the total interest paid on a loan of 6075 at an interest rate of 10% over 6 years. 2. We assume simple interest since not stated otherwise. Simple inter

1. **State the problem:** We need to find the principal amount $P$ that must be invested to earn $314.10$ in interest in 5 years at an interest rate of 9% per year. 2. **Identify t

1. **Problem Statement:** Cindy borrows money and repays with monthly payments of 889 at the beginning of every month. Interest rate is 9.902% per year, compounded monthly, and loa

1. **Stating the problem:** We want to find the amount in the account immediately before the 6th year's investment, with R5601 invested every 2 months, at an annual interest rate o

1. The problem is to create a full amortization table, which shows payments, interest, principal, and remaining balance over time. 2. Typically, an amortization table is based on l

1. **Stating the problem:** Calculate the present value of a deferred annuity of ₱1500 every 3 months for 8 years, deferred by 3 years, with an interest rate of 6% compounded quart

1. Let's explain the problem: You have a series of payments (a perpetuity) that start not immediately, but after some delay—in this case, the first payment is two years from today.

1. **State the problem:** Encik Faizal bought a shop lot for 650000 with a 10% down payment, incurred total expenditure of 45000, rented it for 2300 monthly, and sold it after 4 ye

1. **Problem Statement:** Saddiq deposited RM15500 on 12 February 2024 in an account with 6.5% simple interest per annum. Find the interest earned on 20 May 2024 using approximate

1. **State the problem:** Saddiq deposited RM15500 on 12 February 2024 with an interest rate of 6.5% per annum using simple interest. We need to find the interest earned up to 20 M

1. **Problem statement:** Insyirah borrowed 5200 at a simple interest rate of 4.6% per annum on 9 February 2024. We need to find the total amount she must pay on 13 May 2024 using

1. **Problem statement:** Linda's company can invest in only two projects out of four, each requiring an initial investment of 200,000,000 and lasting 3 years. We need to find the

1. **State the problem:** You want to buy a home for $220000, with a 10% down payment. You take a loan for the remainder at 3.85% annual interest, compounded monthly. The loan term

1. **Stating the problem:** You want to buy a $207,000 home with a 20% down payment, and take a 30-year loan at 3.25% annual interest for the remaining amount. We calculate the loa