0 down payment and 10 quarterly instaliments, the due at the end of the first year after purchase. If money is worth 15% compounded quarterly. The corresponding value due at the end of the 1st year after purchase is: A. 9.23787 B. 0.0375 C. 8.21278

Q: Suppose you paid 5900 pesos as a down payment on a MIO SPORTY motorcycle. The remaining balance is…

A: Answer: Calculation of the future value: Step 1: Calculation of the future value of 5900 pesos:…

Q: . dA car costing P1.2M is to be paid off by monthly payments over five years at a 10% annual…

A:

Q: a print is bought for 60 monthly payments of $80. What is the equivalent cash price if the rate is…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: A house costs P2,900,000 cash. The seller and the buyer had agreed to have a series of annual…

A: House cost (C) = P 2900000 Total payments (n) = 10  r = 8% Let the annual payment = A

Q: The maintenance of a room air conditioner is expected to be P 200,000 at the end of the first year…

A: The sum of money to be set aside now for the future maintenance of the room = Present Value of Cash…

Q: A gasoline engine is available on instalment basis with a down payment of P 10,841 and P 17,308 at…

A: Using excel PV function

Q: An industrial firm can purchase a certain machine for $40.000. A down payment of S-1.000 is…

A: The calculation is: The formulae sheet is:

Q: A P150,000 loan is to be paid as follows: P 10,000/month _______ 1st to 10th month Final payment…

A: Loan = 150,00 Time Period = 12 months Interest Rate = 12%/12 = 1% per month Payment from 1st to 10th…

Q: (For items 10-12) A car is to be purchased in monthly payments of P17,000 for 4 years starting at…

A: Note: It has been assumed here that P is the currency in which the payments are made. The present…

Q: A person buys a piece of lot for P110,000 down payment and 10 deferred semi-annual payments of P…

A: Present value of all payments is calculated by using discount rate factor and then multiplying the…

Q: A house costs $144,000. It is to be paid off in exactly ten years, with monthly payments of…

A: The Annual Percentage Rate(APR) of the loan can be calculated using the RATE function in Excel.

Q: Asailboat costs $20,607. You pay 5% down and amortize the rest with equal monthly payments over a…

A: cost of boat = $20,607 down payment =5% principal amount = $20607 x (1-0.05) =$19,576.65 n=15 years…

Q: A contractor bought a concrete mixer at P150,000 if paid in cash. The mixer may also be purchased by…

A: The annual payments to be made at the beginning of the year can be calculated with the help of…

Q: An industrial firm can purchase a certain machine for $40.000. A down payment of S-1.000 is…

A: Computation:

Q: The maintenance expense on a machine is expected to be P75, 000.00 during the first year and to…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: The company sells products to a customer for $70,000 and will receive $10,000 at the end of each of…

A: Present value means value of cash flow that arise in future , by applying specific discounting…

Q: A ten-bagger concrete mixer can be purchased with a down payment of P18,000 and equal installments…

A: Value of loan is nothing but the present value of annuity, where the cashflows are the payments of…

Q: A house costs $142,000. It is to be paid off in exactly ten years, with monthly payments of…

A: Annual Percentage Rate(APR) is nothing but the rate of interest charged to borrower and it will be…

Q: A company has to replace a present facility after 15 years at an outlay of ETB. 5,00,000. It plans…

A: The Future Value of the annuity is the total value of all the payments which is occurred regularly…

Q: A certain company sells engines worth P1,000,000 cash. If paid on installment basis, it requires a…

A: Present Value of annuity refers to the present value of all the future payments of and series of…

Q: b) CompuSystems was supposed to pay a manufacturer $19,000 on a date 4 months ago. CompuSystems is…

A: Future Value:   The future value is the amount that will be received at the end of a certain period.…

Q: Suppose you paid 5900 pesos as a down payment on a MIO SPORTY motorcycle. The remaining balance is…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: A ten-bagger concrete mixer can be purchased with a down payment of P18,000 and equal installments…

A: The equivalent cash price of mixer is the sum of down payment and present value of annuity.

Q: In buying a farm worth P 300,000, the purchaser agrees to pay a down payment of P 80,000 and a…

A: Data given: Cost= P 300,000 Down payment= P 80,000 Second payment at the end of 2 years= P 60,000…

Q: A building is priced at $100,000. If a downpayment of S40,000 is made, an a payment of $1,000 every…

A: Given , Price of the building = $100,000  Down Payment= $40000  Monthly Pay =$1000  Interest rate =…

Q: A Sarm is offered for sale for $22,500 cash or $ 7,500 cash and seguence payments of $ 4000 each the…

A: Purchase agreement is a formal document mentioning two parties buyer and the seller of the contract…

Q: A gasoline engine is available on instalment basis with a down payment of ₱ 11,100 and ₱ 18,070 at…

A: Down payment (D) = P 11100 Monthly payment (M) = P 18070 n = 12 payments r = 6.4% per annum =…

Q: A sailboat costs $31,749. You pay 10% down and amortize the rest with equal monthly payments over a…

A: Data given: Costs = $ 31,749 Down payment =10% n= 9 year r=8.1% compounded monthly   Formula to be…

Q: A building is priced at $100,000. If a downpayment of $30,000 is made, an a payment of $1,000 every…

A: The number of months required to pay for the building can be calculated with the help of NPER…

Q: 160000 TL loan is being repaid by installments of 2250 TL at the end of each month for as long as…

A: Loan financing refers to the arrangement of a loan repayment system. It involves the repayment of a…

Q: The maintenance for a piece of equipment costs P16,875 at the end of year one and increases by…

A: The equivalent annual cost of the maintenance is the cost over the entire period of maintenance…

Q: An air conditioner is for sale at P20,000 in cash or on terms, P1,650 each month for the next 18…

A: Given,  The sale price is P20,000. Payment is P1650 for each month is 6% compounded monthly Number…

Q: A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer…

A: Present Value of annuity refers to the present value of all the future payments of and series of…

Q: 20000 TL loan is being repaid by installments of 100 TL at the end of each month for as long as…

A: given information total loan = 2000 pmt = 100 interest = 12%

Q: For items 14-15. A car is to be purchased in monthly payments of P17,000 for 4 years starting at the…

A: PRESENT VALUE OF ANNUITY: PVA =A×1-11+RMM×NRM WHERE, A=annuity R=rate of interest M=frequency of…

Q: A house costs $142,000, It is to be paid off in exactly ten years, with monthly payments of…

A: The annual interest rate that is charged by the lenders or at which the investors earn additional…

Q: A car costing ₱1.2M is to be paid off by monthly payments over five years at a 10% annual interest…

A: Car cost = P 1,200,000 Sale tax = 6% Total cost(P) = 1,200,000*(1+0.06)                  =…

Q: A person buys a piece of lot for P 100,197 down payment and 12 deferred semi-annual payments of P…

A: Down payment (DP) = 100,197 Interest rate = 0.186 Semi annual interest rate (r) = 0.186/2 = 0.093…

Q: A contractor’s price for a new building was $96,000.  You decide to buy the building, making a…

A: Payments to the loans are made by equal instalments which carry both interest and payment of…

Q: A company buys a machine for $18,000, which it agrees to pay for in five equal annual payments,…

A: The concept of present worth notes that a sum of money now is worth more than the sum of money over…

Q: 1. What is the present worth of a P1000 annuity starting at the end of the third year and continuing…

A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…

Q: A firm sells the same material with two separate payment plans. 1. According to the 1st payment…

A: The payments of the loans and the purchase require regular or lump-sum payments. The present value…

Q: The Bourbon Street Journal costs $625, payable now, for a 3-year subscription. The newspaper is…

A: Given information: Nominal annual interest rate : 8.5% Number of days the Journal is published : 252…

Q: A back-pay certificate is offered for sale on which the yearly payments are PHP 996.00, partly…

A: Given, The yearly payments are Php 996 Number of payments due is 8 Rate of interest is 5%

Q: An installment contract for the purchase of a car requires payments of $346.89 at the end of each…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: A company rent a building for P50,000 per month for a period of 10 years. Find the accumulative…

A: ​FV of Ordinary Annuity​=C×[(1+i)n−1/i​] where: C=cash flow per period i=interest rate n=number of…

Q: present value of the  investment if the rate of interest is 12% compounded semi-annually?

A: A deferred annuity is a term that is used to refer to the present value of the series of periodic…

Q: A sala set costs P6,800 cash. A buyer pays P2,500 down-payment and the balance will be paid by equal…

A: To calculate the amount of loan , subtract the down payment from the cost. Monthly payment is…

Q: A salboat costs $23,769. You pay 5% down and amortize the rest with equal monthly payments over a…

A: