Calculator Problems

If you wanted to create your own annuity with $60,000 and you wanted to take $400 a month out for 20 years, how much would you need to earn on … Read more

A $2000 bill can be paid today with a 5% discount or with four monthly payments with no discount.  What would be the return on your money if you paid … Read more

(See Calculator Problem – 07/16/2012, 07/30/2012, 08/13/2012).  How much money would you save? (The answer will be posted with the new calculator problem in 2 weeks. Or if you can’t … Read more

(See Calculator Problem – 07/16/2012 & 07/30/2012). If the note holder agreed to reduce the interest payment to 5.25%, how many months of payments would you save? (The answer will … Read more

(See Calculator Problem – 07/16/2012).  If you made 84 payments, what is the current balance? (The answer will be posted with the new calculator problem in 2 weeks. Or if … Read more

If you buy a property for $1.5MM and finance 75% at 7% over 20 years, what is the monthly payment? (The answer will be posted with the new calculator problem … Read more

You add an extended warranty that costs $2016 to a six year car loan at a zero percent interest rate.  If you can make 10% on your money, what is … Read more

What is the payment on a loan of $31,500 at 4.25% amortized over 12 years? (The answer will be posted with the new calculator problem in 2 weeks. Or if … Read more

You are currently making monthly payments of $200.  The person you are paying agrees to take a lump sum of 5 payments now and give you credit for the next … Read more

If you refinance a loan balance of $65,000 at 4.5% amortized over 30 years, what is your new monthly payment? (The answer will be posted with the new calculator problem … Read more