# Finance

• Oct 7th 2012, 01:10 PM
laylye
Finance
Hi everyone !

I have a hard time doing some exercices on Time Value of money. Is there anyone here that can help me with interest rates, annuities etc...

Thanks
• Oct 7th 2012, 04:26 PM
Wilmer
Re: Finance
Post a problem.
• Oct 7th 2012, 11:42 PM
laylye
Re: Finance
ok I will post later thank you
• Oct 9th 2012, 02:40 AM
laylye
Re: Finance
Hi everyone!

so here is the exercice, it's about loans:

What is the principal repaid in the last monthly payment on a 150000 euros loan, contracted over 8 years at 4.30 % APR (monthly equal payments) ?

A student borrows 36000 euros to her bank for 3 years at 5.90 % (APR). She shall repay by equal monthly payments. What is the value of the monthly payment ?

A company contracts a loan of 250 000 euros, over 6 years, at a rate of 6%, amortization by equal payments.

What is the amount of principal repaid the 3rd year ? euros

What it the initial amount of a 6 years loan, to be repaid by monthly equal payments of 234.50 euros ? The interest rate is 8.05 % APR.

What it the initial amount of a 5 years loan, to be repaid by monthly equal payments of 429.08 euros ? The interest rate is 7.80 % APR.

You borrowed 12000 euros on 6 years to buy a new car. You repay by monthly equal payments, and the rate is 5.05 % APR. What is the unpaid balance after 2 year?
• Oct 9th 2012, 03:38 AM
Wilmer
Re: Finance
There are standard formulas applicable to your posted problems.

For instance, to calculate loan payment:
Loan Payment Formula

Are you aware of these formulas?

We don't do homework, or teach here: no classroom!
Where are your problems from: math class, with a teacher?

Can you do a simple problem, like:
if 300 is deposited monthly for 1 year in an account paying 1% per month,
what will be the account balance at end of 12th month?
• Oct 9th 2012, 08:19 AM
laylye
Re: Finance
I have all the formulas thank you
I managed to do it, but since I never studied finance before I was really confused at the beginning.

Thanks anyway
• Nov 4th 2012, 08:16 PM
akilina123
Re: Finance