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multinational business finance

Questions and Answers of Multinational Business Finance

A sum of money invested at a simple interest rate accumulates to $6479 after 9 months and to $6758 after 18 months. Calculate the simple interest rate per annum and the amount invested.AppendixLO1
A sum of money invested at a simple interest rate accumulates to $4590 after 6 months and to $4725 after 15 months. Calculate the simple interest rate per annum and the amount invested.AppendixLO1
Blossom invested her savings of $2850 in an account that provided a simple interest rate of 4.25% p.a. How long, in years and months, will it take for her investment to grow to $3021.59?AppendixLO1
How long, in years and months, will it take for an investment of $1950 to accumulate to $2129.55 at 6.5% p.a. simple interest?AppendixLO1
Carlos loaned $5000 on December 18, 2017 to his business partner who agreed to repay the amount with simple interest on March 01, 2018. How much would Carlos receive at the end of the period if he
Cristiano borrowed $4225 on June 04, 2017 from a money lender and agreed to repay the loan on April 03, 2018. What would be the repayment amount if the interest rate charged was 7.2% p.a.? How much
After ten months of investing $500 in a chequing account, Sarojin had a maturity amount of $680 in the account. Had she loaned this amount to her friend who was running a restaurant business, she
Merilyn, the owner of a small internet hosting business, loaned $4000 to an employee who promised to repay her $4600 after eight months. Instead of loaning this money, if she had invested it in her
Trisha had to pay her friend $800 that was due two months ago and $200 in two months. If her friend was charging her an interest rate of 1.1% p.m., what single payment now would settle both payments?
Nikita owes $3500 in 6 months and another $2500 in 11 months. What single payment in 9 months would settle both payments? Assume an interest rate of 0.75% p.m. and choose 9 months from now as the
Phoenix loaned $10,000 to a friend at 1.2% p.m. He wanted the amount to be paid in two equal payments, one in two months and the other in four months. Calculate the size of each of the payments using
Roanna borrowed $2500 at 7% p.a. She wanted to settle this loan with two equal payments, one in 5 months and another in 16 months. Determine the size of each of the payments using 'now' as the focal
Kassandra received a loan of $30,000 for her payroll payments. She settled this loan in two installments: one in 7 months and the other in 11 months. If the second payment was double the size of the
Edna, a pottery designer, borrowed $12,800 at 6.5% p.a. to purchase pottery equipment. She agreed to settle the loan in two payments: one in five months and the other in ten months. Calculate the
A loan of $30,000 at 5% p.a. is to be settled with three equal installments in three months, six months, and nine months. Calculate the size of each of the equal payments. Let the focal date be six
Ravindran borrowed $15,000 that is to be settled with the following three installments: the first payment of $10,000 in four months and two equal payments, one in six months and the other in one
Felice purchased a 91-day T-Bill that has a face value of $5000 and an interest rate of 4% p.a. Calculate the price on its issue date.AppendixLO1
The rate of return of a 182-day treasury bill with a face value of $20,000 is 5.25% p.a. Calculate the price on its issue date.AppendixLO1
Priya took a demand loan of $18,500 at 5% p.a. She paid $500 at the end of 3 months and another $6000 at the end of 8 months. How much would she have to pay at the end of 16 months to clear the
Marcello took a demand loan of $10,000 at 4% p.a. He paid $2500 at the end of 9 months and another $5000 at the end of 15 months. What amount at the end of 2 years would settle the loan?AppendixLO1
Nicole purchased an interest-bearing promissory note for $5000 at 5% p.a., due in 90 days. If she sold the note in 30 days by discounting it at 6% p.a., calculate the proceeds of the note.AppendixLO1
An interest-bearing promissory note for $7500 is due in 180 days with simple interest at 6.25% p.a. If this note is sold after 70 days by discounting at a rate of 9% p.a., calculate the proceeds of
Lee, a wealthy businessman, purchased a 120-day, $100,000 non-interest-bearing note on January 01, 2017. If he discounted the note at 8% p.a. on April 27, 2017, calculate the proceeds of the
A six-month non-interest-bearing note was issued on August 08, 2017 for $1750. The note was discounted at 6.75% p.a. on October 30, 2017. Calculate the proceeds of the note.AppendixLO1
On September 10, 2016, Zain received $5000 from his father. If he settled this amount on April 30, 2017 with interest of $180, calculate the monthly rate of simple interest he was charged for this
Rex invested his savings of $2000 in a savings account that was earning simple interest at 3% p.a. He also invested $1500 in his friend's business at 0.95% p.m. How much interest did he earn from
The total amount of simple interest earned from $6000 invested for 9 months and $4000 invested for 15 months, both at the same interest rate, was $570. Calculate the annual rate of
Calculate the amount that Emilia invested in the savings account of her bank if it matured to $6740.75 at the end of 100 days. Assume that the simple interest rate was 3% p.a. How much interest did
Angelina invested $200 for 16 months in a bank and received a maturity amount of $270.50. If she had invested the amount in a fund earning 2.5% p.a. more, how much would she have received at
How long will it take for an investment to become 1.25 times its value if invested at 6% p.a.? Give your answer in days round up to the next day.AppendixLO1
Thomas was supposed to pay Lenny $3800 six months ago and $1240 in five months. He wants to repay this with two payments: $3000 today and the balance amount in two months. Calculate the balance if
George had to make payments of $2000 and $3000 in 10 months and 18 months, respectively, to a raw material supplier. What single payment in five months would settle both these payments? Assume an
Brenda's lawyer gave her the following two options to settle her invoice: Option A: $1800 in 1 month and the balance of $2100 in 3 months.Option B: Two equal payments, one in 20 days and the other in
Abbey bought a 182-day T-bill that has an interest rate of 4% p.a. and a face value of $25,000.a. b. How much did she pay for the T-bill? After 90 days, she sold the T-bill to her friend when the
Jolie received a demand loan for $8000 from her bank on February 16, 2017 at 6% p.a. simple interest. On May 23, 2017, the interest rate on the loan decreased to 5.75% p.a. and she settled the loan
Oliver purchased a 90-day interest-bearing note at 5% p.a. that has a face value of $25,000. If he settles the note in 60 days at a discounted rate of 6% p.a., calculate his proceeds.AppendixLO1
A bank offers interest rates of 1.50% p.a. for 60-day GICs and 1.75% p.a. for 120-day GICs. Roberto was considering the following two investment options at this bank:Option A: Invest an amount in a
A 91-day, $25,000 T-Bill was issued at a price that would yield the buyer 6%. How many days before its maturity date will the T-bill's market price first exceed $24,800 if the yield market rate
Chan invested a portion of $10,000 at 5.5% per annum and the remainder at 3.5% per annum. The total interest on his investment for the first year was $470. How much did he invest at each
A restaurant charged $15 for an adult meal and $8 for a child meal. On a weekend, the restaurant sold 200 meals in total, for $2475. What was the quantity of each type of meal sold during this
The cost of admission to a concert was $75 for adults and $50 for children. If 400 tickets were sold and $28,125 was collected, how many adult tickets were sold?AppendixLO1
In a coin box, there are three times as many quarters (25) as dimes (10). If the total value of all these coins is $21.25, how many quarters are there?AppendixLO1
Determine the value of two numbers if their sum is 65 and the difference between the larger number and the smaller number is 5.AppendixLO1
Solve the following system of equations using the Elimination Method: 6x-4y+3=0 4x-6y-3=0 AppendixLO1
Determine whether each of the following systems of equations has one solution, no solution, or infinitely many solutions without graphing.a. 4x+3y-16 0 and 2x-y+2=0b. x-3y+11=0 and 2x - 6y+4=0 C.
Nari wants to join a tennis club and is looking at two different options. Club A has a $180 membership fee and an additional $20 fee per hour of court time. Club B doesn't have a membership fee, but
Solve the following system of equations using the Substitution Method: 2x+4y+6=0 y-3x+9=0.AppendixLO1
Solve the following system of equations graphically: y=3x+6 6x-2y+12=0 AppendixLO1
Determine the equation of the line, in standard form, that passes through the origin and that is parallel to the line passing through the points P(-3, 5) and Q(5,-1).AppendixLO1
Determine the equation of a line, in standard form, that is parallel to 3x - 2y + 9 = 0 and that passes through the point (-6, -3).AppendixLO1
Determine the equation of the line, in standard form, having an x-intercept equal to 5 and y-intercept equal to -3.AppendixLO1
Determine the P (-4, 5) and Q (1, 1).AppendixLO1
Use the following slopes (m) and y-intercepts (b) to graph the equations:a. m=-,b=-4 2 2b. m=b=-2 3 standard form, that passes equation of the line, in through the points AppendixLO1
Graph the equation 3y+4x= 12 using the x-intercept, y-intercept, and another point on the line.AppendixLO1
Graph the equation 2x-3y = 9 using a table of values with 4 points.AppendixLO1
Write the following equations in slope-intercept form:a. 2x-3y+6=0b. 3x+4y-5=0 AppendixLO1
Write the following equations in standard form: 2a. y=-x-2 3 1b. 6-2x+y=0 AppendixLO1
Three vertices of a rectangle ABCD have the points A (-3, 4), B (5, 4), and C (5, -1). Find the coordinates of the 4th vertex, and determine the area of the rectangle. (Hint: Area of a rectangle =
300 tickets were sold for a theatrical performance. The tickets cost $28 for adults and $15 for teenagers. If $7230 was collected, how many adults and teenagers attended this play?AppendixLO1
640 tickets were sold for a soccer game between Toronto FC and New York City FC. The tickets cost $35 for adults and $20 for children. If $16,250 was collected from sales, how many adults and
Find the two numbers whose sum is 95 and the difference between the larger number and the smaller number is 35.AppendixLO1
Find the two numbers whose sum is 84 and the difference between the larger number and the smaller number is 48.AppendixLO1
The difference of two numbers was 5. The sum of three times the larger number and two times the smaller number was 25. What were the numbers?AppendixLO1
Nikola loaned a total of $5000 to his friends, Ben and Hasan. He charged Ben an interest of 2% per annum and Hasan an interest of 2.5% per annum. If he earned a total interest of $110 from both of
Solve the following system of equations using the Elimination Method:a. 8x + 7y = 23 and 7x+8y = 22b. 9x-2y=-32 and x + 4y = -12 C. 4x + 3y 12 and 18-6x= 2y.AppendixLO1
Solve the following system of equations using the Elimination Method:a. b.c. 2x+y=8 and 3x+2y= 7 5x-2y+3 0 and 3x-2y-1=0 2x+y+2=0 and 6x = 2y +9 AppendixLO1
Solve the following system of equations using the Substitution Method: x+4y 8 and 2x+5y=13b. x+4y+12=0 and 9x-2y-32 = 0 C. 3x+2y= 5 and y=2x-1 AppendixLO1
Solve the following system of equations using the Substitution Method:a. x+y=3 and 2x - y = 12b. x-y-10 and 2x + 3y-12=0 4x + 3y 12 and 9-3x=y AppendixLO1
Solve the following system of equations graphically:a. y= -2x-1 and y = 3x - 11b. C. x-3y 6 0 and x + 2y 100 2y = x and y = -x+3 -AppendixLO1
Solve the following system of equations graphically:a. y=2x+3 and y = -2x - 1b. 3x+4y 5 0 and 2x - y + 4 = 0 C. 3y = 2x and y = -3x+11 AppendixLO1
Henry worked in a computer store and earned $500 a month plus a commission of 10% on the sales he made. The relationship between his earnings (y) in a month and the number of computers he sold (x) is
The fixed costs (FC) of a factory for the month were $5000 and the variable costs (VC) to manufacture each product were $5 per unit. The total costs (TC) for the month were the sum of the FC and VC
The slope of a line is 2 and it passes through A (2, 3) and B (-1, y). Determine y and the equation of the line.AppendixLO1
The slope of a line is -3 and it passes through P (2-2) and Q (x, 7). Determine x and the equation of the line.AppendixLO1
Determine the equation of the line that passes through the following points:a. (3,2) and (7,5)c. (1,-2) and (4,7)b. (5,-4) and (-1,4)AppendixLO1
Determine the equation of the line that passes through the following points:a. (4.6) and (2, 4)b. (0,-7) and (-6, -1)c. (3,-4) and (-1,4)AppendixLO1
Graph the following equations using the slope and y-intercept method.a. y=4x+6c. 3x+2y-12-0b. y=-x-1 AppendixLO1
Graph the following equations using the slope and y-intercept method.a. y=5x+4b. y = -11x-1 3 C. 2x + 3y+6=0.AppendixLO1
Graph the following equations using the x-intercept, y-intercept, and another point.a. 3x-4y=12 C. y=4xb. x-2y-6=0 AppendixLO1
Graph the following equations using the x-intercept, y-intercept, and another point.a. x-2y=-1b. 3x+y-4=0c. x=2y AppendixLO1
Graph the following equations using a table of values with four points:a. 4x-y=2b. x+y-4=0 C. y = 11x+2 AppendixLO1
Graph the following equations using a table of values with four points:a. 2x + 3y = 12b. x+2y-4=0 1 C. -x-2 3 AppendixLO1
Plot the following points and join them in the order A, B, C, D. Identify the type of quadrilateral and determine its area and perimeter. A (6,-3) C (-2, -6) B (6, -6) D(-2,-3)AppendixLO1
Plot the following points and join them in the order P, Q, R, S. Identify the type of quadrilateral and determine its area and perimeter. P(-2,4) R (-8,-2) Q (-8, 4) S(-2,-2)AppendixLO1
In which quadrant or axis do the following points lie?a. A (5,-1)b. B(-2, 3)c. C (3,0)d. D (4,-2)e. E (2,0)f. F (0, 4)AppendixLO1
In which quadrant or axis do the following points lie?a. A (-4,5)b. B(-5,0)c. C (-2,-7)d. D (0, -3)e. E (6,6)f. F(5, 4)AppendixLO1
Company A charged a one-time setup fee of $40 and $1.25 per page to print a book. Company B charged a one-time setup fee of $25 and $1.30 per page to print a book.a. Where would it have been cheaper
Ellie's Electric Company charged $75 for a service call and an additional $45 per hour to repair a furnace. Vladimir's Furnaces Inc. charged $40 for a service call and an additional $50 per hour to
450 tickets were sold at an opera in Calgary. Tickets for adults were sold for $9.50 each and tickets for children were sold for $5.50 each. If a total of $3675 was collected from ticket sales, how
Linh had 50 bills consisting of $20 bills and $5 bills. The total dollar value of the bills was $310. How many of each type of bill did she have?AppendixLO1
The sum of two angles is 180. One angle is 24 less than three times the other angle. Find the measure of the angles.AppendixLO1
The sum of two angles is 90. One angle is 15 more than twice the other angle. Find the measure of the angles.AppendixLO1
There are 130 coins consisting of quarters (25) and dimes (104). If the coins are worth $27.70, how many quarters and dimes are there?AppendixLO1
There are 175 coins consisting of dimes (104) and nickels (54). The coins are worth $15.00. How many dimes and nickels are there?AppendixLO1
Sahil invested $25,000, part of it at 5% per annum and the remainder at 4% per annum. If the total interest after one year was $1150, how much did he invest at each rate?AppendixLO1
Two investments were made by Adam, totalling $22,500. Part of it was invested at 6% per annum and the remainder at 5% per annum. The total interest received after one year was $1295. Find the amount
The sum of a son's age and of his father's age, in years, is 92. The difference in their ages is 28. How old are the son and the father?AppendixLO1
The sum of two numbers is 56. When the smaller number is subtracted from the larger number, the result is 22. What are the numbers?AppendixLO1
Two meals for adults and three meals for children cost $48, whereas three meals for adults and two meals for children cost $52. How much is one adult meal?AppendixLO1
Three DVDs and four movie tickets cost $94, whereas four DVDs and three movie tickets cost $81. How much is one DVD?AppendixLO1

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