Calculate the amount of simple interest earned for 5 months

Assignment Help Finance Basics
Reference no: EM133368785

Question: Calculate the amount of simple interest earned for 5 months. 2. Juliana invested $1350 at a rate of 4.50% p.a. simple interest. How many COMPLETE days will it tak1. Summit invested $5561 at 1.7% p.a.

Calculate the amount of simple interest earned for 5 months. 2. Juliana invested $1350 at a rate of 4.50% p.a. simple interest. How many COMPLETE days will it take for her investment to grow to $1400?

3. How much did Phillip invest for 18 months if his investment was worth $13596.76 at the end of the investment period. The simple interest rate was 4.3% p.a. 4. Find the future value of $5165 borrowed at 6.60% pa. from March 22, 2021 to August

18, 2021. 5. What rate of interest was being earned if an investment of $57553 earned $1366.89 simple interest between November 22, 2020 and October 2, 2021?

 

Reference no: EM133368785

Questions Cloud

Reflect on what it means to become culturally competent : Reflect on what it means to become culturally competent. You can reflect on a personal experience or a cross-cultural communication situation
What is the ethical dilemma at the heart of this case : What is the ethical dilemma at the heart of this case study? In answering this question, please present a summary of both sides of this dilemma
What price should this bond be trading for at the beginning : A firm has just issued a bond that has a face value of $1,000, a coupon rate of 8 percent paid semi—annually, and matures in 8 years. The bonds were issued
Develop a java program that can convert json data to xml : Develop a Java program that can convert JSON data to XML format.
Calculate the amount of simple interest earned for 5 months : Calculate the amount of simple interest earned for 5 months. 2. Juliana invested $1350 at a rate of 4.50% p.a. simple interest. How many COMPLETE days will it
Is this design simpler because there are fewer binary : Is this design simpler because there are fewer binary relationships? Can it accurately model all of the relationships and constraints that might have been
Why this reversal arrangement may be a symptom of pcd : Cilia are found on cells in almost every organ of the human body, and the malfunction of cilia is involved in several human disorders.
Research biometric authentication : Research Biometric Authentication. Do you think this is a good form of Security? Why or Why not. fully support your position
History of world in two hours takes very strong stances : The History of the World in Two Hours takes very strong stances on many subjects i.e. age of the earth, age of humans, origins of humans, origins of life,

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd