10 Math Graduation Questions

1. Calculate Interest Payments

List Price:                  $226,000
Repayment Term:      5 Years
Annual Interest Rate: 2.6%
My Downpayment:    150,500

Q: Calculate your monthly payment?
=> Simple Interest

Mouse over here for answer

2. Calculate Investment Growth

For a 5-year investment of 1,000 at 6% (annual) interest with monthly compounding
=>Compound Interest

Mouse over here for answer

3. To be cont