1. Ana must pay 10,000 to pay an obligation of 8,000 at 3% compounded monthly. When should the payments be given? 2. How much is the monthly amortization on an automobile loan of 900,000 to be amortized over a 5-year period at a rate of 9.5% compounded monthly?

Q: A mortgage balance of ​$27,000 is to be repaid over a 12​-year term by equal monthly payments at…

A:

Q: Jomai borrowed P6,666.00 to be paid after 2.5 years with interest at 15% compounded semiannually and…

A: Given: Jomai borrowed P 6666.00 for t=2.5 years and the interest rate 15%(compounded semiannually),…

Q: 7. A $ 250,000.00 mortgage is amortized over 20 years. If interest on the mortgage is 3% compounded…

A: Given information Present value PV=$250,000 Annual interest rate APR=3% Number of semiannually…

Q: If a loan ₱120,000 is to be amortized for 2 years at 12.5% interest compounded monthly, how much is…

A:

Q: The Sandersons are planning to refinance their home. The outstanding principal on their original…

A: The outstanding principal on the original loan is $90000. Number of monthly installments is 256.…

Q: A company estimates that it will need $167,000 in 15 years to replace a computer. If it establishes…

A: From the given context, we have provided the future value of a computer. To find: Periodic payment.…

Q: Suppose that a 20-year government bond has a maturity value of $1000 and a coupon rate of 9%, with…

A: For 20 years, the government bond has a mutual value of $1,000 at a coupon rate of 9%…

Q: A loan, amortized over 25 years, is repaid by making payments of $1,800 at the end of every month.…

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Q: If $90,000 is invested in an annuity that earns 5.9% compounded quarterly, what payments will it…

A: Solution

Q: HOW IS THE MONTHLY PAYMENT OF 350,00 LOÀN WHICH IS TO BE REPAID MONTHLY FOR 1 YEAR WITH AN INTEREST…

A: This is a compound interest problem and I solved it in the next steps.

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A:

Q: What is the size of the payments that must be deposited at the beginning of each 6 month period in…

A: Solve for periodic payment

Q: The terms of a single parent's will indicate that a child will receive an ordinary annuity of…

A:

Q: How do I develop an amortization payment schedule for the loan described. $150,000 for 3 years at 9%…

A: Consider the equation as shown below: Loan amount is $15000 for 3 years at 9% compound annually.…

Q: A $18,000 loan is to be amortized for 10 years with quarterly payments of $687.19. If the interest…

A: Given Data: P=Loan amount/ Principal=$18000 R=Rate of interest= 9% N= Number of monthly…

Q: A loan, amortized over 5 years, is repaid by making payments of $1,900 at the end of every month. If…

A:

Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $21,000 in 4…

A:

Q: A loan of $10,000 is amortized by equal annual payments for 30 years at an effective annual interest…

A: Installation = Loan amount/PVIFA(r%,n) r = rate of interest = 5% n = no. of years = 30 PVIFA(r%,n) =…

Q: . What is the monthly payment on a 30 year, $250,000 mortgage, with an interest rate of 4%,…

A: here n = 30*12 = 360 month  i = 4 = 4/12 = 1/3% monthly P = $250000 monthly payment =…

Q: 3. Determine the Present Value of an annuity which provides payment of $1200 every month for 6…

A: Concept: Future value: Amounts of money or streams of cash flows that are anticipated in the future…

Q: Determine the yearly payment if Mr. Kofilala takes a loan of 30,00 ghana cedis for 10 years with an…

A: Consider the given information. P=30,000 ghana cedis, r=0.5% per month, t=10 years. The continuous…

Q: Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.)…

A:

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

A:

Q: 1) At what simple interest rate per annum will P35,500 accumulate to P61,000.00 in 6 years and 9…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: Ryan's student loan of $27,500 at 3.52% compounded quarterly was amortized over 3 years with…

A: Given Loan amount (A)= $27500 Interest rate (i)= 3.52% compounded quarterly

Q: man is disabled in an accident and wants to receive an insurance payment that will provide him with…

A: Given query is to find the total amount after 10 years with $1800 month,6% compounded monthly.

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: To find - What is the size of the payments that must be deposited at the beginning of each 6-month…

Q: A loan, amortized over 20 years, is repaid by making payments of $1,500 at the end of every month.…

A:

Q: If I intend to a mass a nest egg of $500,000 and I have 10 years to do it and I can find an annuity…

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Q: Today, Dora bought a condominium unit valued at ₱2,500,000.00. After making a down payment of…

A: We can use this formula to calculate the final amount, A = P1+rnnt, here P is 2,500,000-250,000 =…

Q: 4. Your mother bought an oven-toaster costing P12,000 if paid in cash. However, the saleslady told…

A:

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: We have given future value F.V.=$190,000.  Interest rate r=5.8%=0.058 Number of compounding periods…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: At the beginning of each 6-month period in an account that pays 6.4%, compounded semiannually, so…

Q: A loan, amortized over 5 years, is repaid by making payments of $600 at the end of every month. If…

A: Loan payment formula: P=PMT[1-(1+rn)-ntrn] where,p=principaPMT=payment r=APR t=number of year…

Q: A payment of $2,650 is due in 2 years and $3,600 is due in 4 years. These two original payments are…

A: Solution:   Effective annual rate, r = (1 + 0.0475/4)^2 - 1 r = 0.02389101 First, let's find the…

Q: Suppose that a 25-year government bond has a maturity value of $1000 and a coupon rate of 5%, with…

A:

Q: What is the present value of an annuity that consists of 20 semiannual payments of $1000 at an…

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Q: 18. Lupe Martinez will owe her retired mother $45,000 for a piece of land. Find the required…

A: 18. Here the principal amount is $45000Time is 4 yearsinterest rate is 10% which compounded…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: Consider the given information.

Q: Compute for the Effective Interest Rate Payment Period = Semi-annual 1. 10% Compounded Yearly =…

A: Note: We will only answer up to three sub-parts as the exact one is not specified. Please resubmit…

Q: Your grandfather left an inheritance for you of $80,000. However you can only drawdown on the…

A: Since you have posted multiple questions, we will solve only first question for you. To get…

Q: The price of a new car is $20,000. Assume that an individual makes a downpayment of 25% toward the…

A: Given that The price of a new car is $20,000. Assume that an individual makes a downpayment of 25%…

Q: A $180,000 mortgage was amortized over 25 years by monthly repayments. The interest rate on the…

A:

Q: what is the unpaid balance immediately after the sixth payment?

A: Periodic payment (EMI) = $434.55 Interest rate per period, r = (6%)/4 = 1.5% Interest =…

Q: What is the quarterly periodic payment required to amortize a loan of $5000 over 4 years with…

A: We know formula for Amortization is PV=R[1-(1+i)-n]i where PV = present value; R= periodic deposit…

Q: You are considering taking out a loan of $10,000.00 that will be paid back over 8 years with monthly…

A: L=PMT1-1+rn-trn PMT=135.84 n=12 for monthly payment r=6.9%=0.069 here we need to find the unpaid…

Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 2…

A:

Q: A payment of $2,600 is due in 2 years and $3,100 is due in 4 years. These two original payments are…

A: A payment of $2600 is due in 2 years and $3,100 is due in 4 years. These two original payments are…