i know, it's 105, but math and i are just not friends. anyone good at this stuff?

10/7/2007 3:36:30 PM

Post problems.

I, personally, don't know what topics are covered in 105, but since it's just 105, I could probably help.

10/7/2007 5:17:34 PM

<--finance wizard.


post the problem, please

10/7/2007 5:45:21 PM

Sangeeta borrows $1050 from Sam for 10 year(s) at 11.25% compounded quarterly. Then, 3 year(s) before maturity, Sam sells the note to Bill who discounts it based on 12.75% compounded monthly. How much did Bill pay Sam for the note?

ALSO

deposits $4175.00 in an account on April 1, 2010 which earns 7% compounded quarterly. How much is in the account on September 15, 2015 if simple interest is allowed for part of a conversion period?

10/7/2007 6:22:31 PM

P = P0 * (1 + RATE) ^ TIME

[Edited on October 7, 2007 at 7:06 PM. Reason : did you not buy the book or something]

10/7/2007 7:04:48 PM

what is your major?

[Edited on October 7, 2007 at 8:39 PM. Reason : q]

10/7/2007 8:37:24 PM