# Need some exercises w/ solns for compound interest, present value, nominal rate, etc

#### Janahi

##### New member
Hi All,

Can anyone provide me some problems with solutions for following topics:

Compound interest
Amount & present value
Nominal & Effective Rates
Annuity due and ordinary deferred annuity
needed for my final exam revision

#### Subhotosh Khan

##### Super Moderator
Staff member
Hi All,

Can anyone provide me some problems with solutions for following topics:

Compound interest
Amount & present value
Nominal & Effective Rates
Annuity due and ordinary deferred annuity
needed for my final exam revision

worksheets "compound interest" - you'll find many websites with problem sets. Try it and let us know what you found.....

#### Denis

##### Senior Member
If you lend me some money, I'll gladly show
you how to calculate the monthly payment

#### Jomo

##### Elite Member
If you lend me some money, I'll gladly show
you how to calculate the monthly payment
I'll lend you some money, say $1,000. Simple interest. At the end of the week you owe me$1000 in interest plus the initial $1000. If you don't pay me the initial$1000, then at the end of the 2nd week you owe me $1000 in interest plus the initial$1000.

#### Jomo

##### Elite Member
Sure. Just give me your full name, address, dob, ssn, cc # and bank account information and I'll send the funds directly to your account. Nice doing business with you.

#### Jomo

##### Elite Member
The feeling is not mutual!
Aw shucks I thought that we were buddies. And I need the interest money. OK, so can you loan me about \$2500. I will pay you back in February 2040.