business math

Find the rate of interest if money is worth 18% compounded monthly?

business math

A non interest bearing note of $2000 is discounted at 12% compounded quarterly for 5 years and 8 months. What are the proceeds?

business math

John recently incurred the following debts: 1. $500 due in one year 2. $800 plus interest at 12% compounded semi-annually due in two years. He wishes to discharge these debts by making 3 equal payments. THe first payment will be due in 6 months, the second in 18 months and the third in 30 months. What is the size of these payments if money is worth 10% compounded quarterly and a focal date of 18 months is used for evaluation purposes?

An apartment is rented for $450 per month, each month's rent is payable in advance.

An apartment is rented for $450 per month, each month's rent is payable in advance. If money is worth 12% compounded monthly, what is the cash value of the rent for one year?

John Doe borrowed $5000 and agreed to repay the principal and interest at 15% compounded monthly in 25 equal monthly payments.

John Doe borrowed $5000 and agreed to repay the principal and interest at 15% compounded monthly in 25 equal monthly payments. The first payment is due in 1 1/2 years. How large is each payment?