Question

BUS1100_Business Math_Assignment 4 1. Calculate the amount of interest that will be charged on $7000.00 borrowed for five months at 5.5%. 2. Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at 9.0%. 3. Compute the amount of interest on $875.00 at 11.5% p.a. from May 29, 2013 to August 13, 2013. 4. Compute the amount of interest on $250.00 at 8.25% p.a. from March 30, 2014 to October 28, 2014. 5. Compute the amount of interest for $500.00 at 8.75% from June 30 to December 31. 6. Determine the deposit that must be made to earn $85 in 7 months at 10.5%. 7. What principal will earn $219.89 interest at 11.25% p.a. from November 16, 2013 to February 7, 2014? 8. What principal will earn $59.99 interest at 7.75% p.a. from February 4, 2014 to July 17, 2014? 9. What principal will earn $77.14 interest at 6.65% p.a. for 182 days? 10. What principal will earn $67.52 at 6.75% in 158 days? 11. An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the interest rate is 6%. 12. In how many months will $5000 grow to $6000 at 9.5% p.a.? 13. In how many months will $9100.00 grow to $9818.75 at 6.41% p.a.? 14. In how many months will $3500 grow to $4845.94 at 7.25% p.a.? 15. How many months will it take $639 to grow to $795 at 8.45% p.a.? 16. Find the present value of a debt of $760.00 ninety-five days before it is due if money is worth 6.25%. 17. What principal will have a maturity value of $100 000 at 5% p.a. in 18 months? 18. What principal will have a maturity value of $61 500.00 at 6.5% p.a. in 17 months? 19. What sum of money will accumulate to $1426.80 in eight months at 7.78%? 20. What is the present value of $41 230.00 due in nine months if interest is 11.1%?

          BUS1100_Business Math_Assignment 4
1. Calculate the amount of interest that will be charged on $7000.00 borrowed for five months at 5.5%.
2. Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at 9.0%.
3. Compute the amount of interest on $875.00 at 11.5% p.a. from May 29, 2013 to August 13, 2013.
4. Compute the amount of interest on $250.00 at 8.25% p.a. from March 30, 2014 to October 28, 2014.
5. Compute the amount of interest for $500.00 at 8.75% from June 30 to December 31.
6. Determine the deposit that must be made to earn $85 in 7 months at 10.5%.
7. What principal will earn $219.89 interest at 11.25% p.a. from November 16, 2013 to February 7, 2014?
8. What principal will earn $59.99 interest at 7.75% p.a. from February 4, 2014 to July 17, 2014?
9. What principal will earn $77.14 interest at 6.65% p.a. for 182 days?
10. What principal will earn $67.52 at 6.75% in 158 days?
11. An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the interest rate is 6%.
12. In how many months will $5000 grow to $6000 at 9.5% p.a.?
13. In how many months will $9100.00 grow to $9818.75 at 6.41% p.a.?
14. In how many months will $3500 grow to $4845.94 at 7.25% p.a.?
15. How many months will it take $639 to grow to $795 at 8.45% p.a.?
16. Find the present value of a debt of $760.00 ninety-five days before it is due if money is worth 6.25%.
17. What principal will have a maturity value of $100 000 at 5% p.a. in 18 months?
18. What principal will have a maturity value of $61 500.00 at 6.5% p.a. in 17 months?
19. What sum of money will accumulate to $1426.80 in eight months at 7.78%?
20. What is the present value of $41 230.00 due in nine months if interest is 11.1%?

BUS1100Business MathAssignment 4
1. Calculate the amount of interest that will be charged on 7000.00 borrowed for five months at 5.5%.
2. Calculate the amount of interest that will be charged on9000.00 borrowed for four months at 9.0%.
3. Compute the amount of interest on 875.00 at 11.5% p.a. from May 29, 2013 to August 13, 2013.
4. Compute the amount of interest on250.00 at 8.25% p.a. from March 30, 2014 to October 28, 2014.
5. Compute the amount of interest for 500.00 at 8.75% from June 30 to December 31.
6. Determine the deposit that must be made to earn85 in 7 months at 10.5%.
7. What principal will earn 219.89 interest at 11.25% p.a. from November 16, 2013 to February 7, 2014?
8. What principal will earn59.99 interest at 7.75% p.a. from February 4, 2014 to July 17, 2014?
9. What principal will earn 77.14 interest at 6.65% p.a. for 182 days?
10. What principal will earn67.52 at 6.75% in 158 days?
11. An investment of 12 000.00 earns an interest of480.00. Calculate the time in months if the interest rate is 6%.
12. In how many months will 5000 grow to6000 at 9.5% p.a.?
13. In how many months will 9100.00 grow to9818.75 at 6.41% p.a.?
14. In how many months will 3500 grow to4845.94 at 7.25% p.a.?
15. How many months will it take 639 to grow to795 at 8.45% p.a.?
16. Find the present value of a debt of 760.00 ninety-five days before it is due if money is worth 6.25%.
17. What principal will have a maturity value of100 000 at 5% p.a. in 18 months?
18. What principal will have a maturity value of 61 500.00 at 6.5% p.a. in 17 months?
19. What sum of money will accumulate to1426.80 in eight months at 7.78%?
20. What is the present value of 41 230.00 due in nine months if interest is 11.1%?

Added by Mark C.

Question

Please give Ace some feedback