Calculator Problem – 08/29/2011
How much would you need to earn on a monthly investment of $718.08 in order to have $44,669.85 in five years? (The answer will be posted with the new calculator … Read more
How much would you need to earn on a monthly investment of $718.08 in order to have $44,669.85 in five years? (The answer will be posted with the new calculator … Read more
What is the payment on a $50,000 loan at 4.75% amortized over 12 years? (The answer will be posted with the new calculator problem in 2 weeks. Or if you … Read more
(See Calculator Problem 07/04/2011 and 07/18/2011) How much would you have with each scenario if you invested the money until you were 100? (The answer will be posted with the … Read more
(See Calculator Problem 07/04/2011) If you wait until you are 66, you can collect $1846 a month. If you can earn 7% on your money, how much will you have when … Read more
You are currently 62 and can start collecting a pension of $1228 a month. If you can earn 7% on your money, how much will you have when you turn 80? … Read more
You purchase a mobile home for $4000 cash and sell it for $9000 with $1000 down and the balance financed over 4 years at 13%. What is the return on your … Read more
What is the difference between $100 invested every month over 10 years at 8% and 16%? (The answer will be posted with the new calculator problem in 2 weeks. Or … Read more
If you have a 30-year fixed loan of $100,000 at 4.5% interest and we experience 11% inflation over the next 30 years, what is the effective cost of the loan … Read more
You purchase a rental for $48,000 that rents for $725. Expenses are 1/3 of the gross rent. If you borrowed 75% of the purchase price at 7% and applied all … Read more
If you buy a mobile home for $3000, resell it for $5000 with $750 down, and carry the balance at 11% for 4 years, how much will you make on … Read more