📘 finance
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Share Standard Deviation
1. **State the problem:** We are given probabilities and returns for shares and asked to find the standard deviation of the share returns given the expected return is 23.25%.
2. **
Simple Interest
1. The problem states the formula for simple interest: $i = prt$, where $i$ is the interest earned, $p$ is the principal, $r$ is the interest rate as a decimal, and $t$ is the time
Daily Compound Interest
1. Stating the problem: We need to find the compound interest on a principal of 4000 borrowed at an annual interest rate of 6% compounded daily for 2 years.
2. Identify the variabl
Loan Amortization
1. **Problem statement:** You took a loan of $20000 for 4 years at 5% annual interest compounded annually. You want to find the annual payment amount and fill the amortization tabl
Simple Interest
1. The problem is to find the interest on a principal amount of 10000 at an interest rate of 5% per year for 2 years.
2. We use the simple interest formula: $$I = P \times r \times
Simple Interest
1. The problem is to find the interest earned on a principal amount of 5439 at an annual interest rate of 8.5%.
2. We assume simple interest unless otherwise stated. The formula fo
Simple Interest
1. **Problem 5(a):** Find the amount in the account today after 5 years with principal $P=6660$ and rate $r=7.2\%$ per annum simple interest.
2. **Step 1:** Calculate the simple in
Ira Savings
1. **State the problem:**
A friend has an IRA with an APR of 5.75% compounded monthly. She deposits 100 per month starting at age 25 and retires at age 65. We want to find the amou
Compound Interest
1. **State the problem:**
S borrowed a sum of money at an interest rate of 15% per annum compounded annually. After 2 years, the interest paid is 1290. We need to find the original
Interest Comparison
1. **State the problem:**
Seema invested 6400 for 3 years at 10% per annum compounded annually.
Interest Excess
1. **State the problem:**
You borrowed 120000 at 6% per annum simple interest for 2 years. We need to find the excess amount you would pay if the interest was compounded annually i
Compound Interest
1. **Stating the problem:**
D took a loan of 8000 with an interest rate of 10% per annum compounded half yearly. We need to find the amount he pays after 1.5 years.
Compound Interest
1. **Stating the problem:**
D took a loan of 8000 with an interest rate of 10% per annum compounded half yearly. We need to find the amount he pays after 1 year.
Interest Difference
1. **State the problem:** We need to find the difference between the compound interest (CI) and simple interest (SI) on a principal sum of 50000 at an interest rate of 10% per annu
Investment Risk
1. **State the problem:** We need to compare the relative risk of two stocks, X and Y, using the coefficient of variation (CV), and then recommend which stock is better for a risk-
Quarterly Savings
1. **State the problem:** Ratna deposits 2000 every 3 months (quarterly) for 4 years into an account with 5% annual interest compounded quarterly. We need to find the total interes
Investment Growth
1. **State the problem:**
Qiang invests 255 every month in an account with an interest rate of 6.75% compounded monthly. We want to find the total amount in the account after 60 mo
Annuity Accumulation
1. **Problem statement:** Amir saves 250 at the end of every month for 6 years in an account earning 2.75% interest compounded monthly. We need to calculate the accumulated amount
Compound Interest
1. **State the problem:** Felixia deposited 3700 at Bank Cahaya with interest rate $k$% compounded semi-annually. We need to find the accumulated amount after 5 years.
2. **Recall
Compound Interest
1. **State the problem:** Felixia deposited 3700 at Bank Cahaya with interest rate $k\%$ compounded semi-annually. After 3 years, the amount is 4418. We need to find (i) the intere
Compound Interest
1. **State the problem:**
We want to find the initial deposit amount $Z$ in a savings account with 8% annual interest compounded quarterly.