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Ogechi
Questions (11)
A good sell for $600 cash and $400 per quarter thereafter for 6 payments. If the rate is 6%, find the equivalent cash price
1 answer
7 views
Find the present value of an annuity of $100 payable at the end of each month for 1 year at 6% p.a interest
1 answer
7 views
Find the annuity at the end of every 6 months for 4 years, which amounts to $2000 and money earns 6% compounded semi-annually
1 answer
6 views
The amount of an annuity for 10 years is $8000. Find the size of its annual payment if the rate is 4% compounded annually
1 answer
9 views
What is the annuity payable semi -annually required to accumulate $5000 in 5years at the rate of 6% p.a?
1 answer
6 views
How long will it take $500 to accumulate $850 at 12% compounded monthly?
1 answer
6 views
Find the time required for $2500 to amount to $3000 at 6% compounded quarterly
1 answer
4 views
Find the amount obtained by investing $1000 for 5 years at 5% compounded (i) yearly (ii) semi-annually
1 answer
5 views
A sum of money is due in 2months; find the discount rate,which is equivalent to 18% interest rate
1 answer
5 views
The interest is equal to the sum invested for 4years, find the rate of simple interest
1 answer
4 views
Find the simultaneous linear of the equation
A+2b=13........(1) 2a-3v=5 ..........(2)
1 answer
182 views
Answers (3)
How did you get the answer
15/(3/10)=15*(3/10)45/10=4 1/5
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