2. A car is being sold for P15,000 per month for 10 years at a monthly interest rate of 10%. Find the present value of the car?

Q: What is the accumulated value of periodic deposits of $40 at the beginning of every quarter for 22…

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Q: What is the discounted value of ​$1164.00paid at the end of every month for 9 years if interest is…

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Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

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Q: Suppose that you borrow ​$3000.00 from a friend and promise to pay back ​$5925.00 in 5 years. What…

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Q: Identify the present value Semi-annual payments of 20,500 with an interest rate of 8.5% compounded…

A: Given query is to find the present value.

Q: A cellphone is a sale for at Php 16,000.00 in cash or on monthly installment of Php 2,950 for 6…

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Q: to have that amouni WiieTL I3 10. Berna borrowed from a cooperative Php 180 000 to be paid in 2 and…

A: Solution:

Q: 2. Determine the present value of quarterly payments of $250 for 2.5 years at 2.4% per year…

A: Topic:- algebra  Note :- as per our guideline if more than one question uploaded than only first…

Q: A student wants to save up to purchase a P105,000 property in cash at the end of 5 years. If he…

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Q: Identify the present value 1. Monthly payments of 2,000 for 5 years with an interest rate of 12…

A: Solution is given below:

Q: In a certain account providing an interest rate of r compounded quarterly, 2500 is deposited every…

A: Given There are 2 cash flows "2500" with each occurring at the end of the quarter. The FV is given…

Q: 7.) Imani is investing $25000 in a mutual fund that pays 2.3% interest compounded weekly. How much…

A: Given  Principal = $25000 rate = 2.3% compounded weekly time=10 years

Q: Suppose Joe places $4000 in an account that pays 8% interest compounded each year. Assume that no…

A: Here we are finding the amount after 1 year..

Q: 2. Determine the present value of quarterly payments of $250 for 2.5 years at 2.4% per year…

A: Find out the present value.

Q: What will be the maturity value of ₱16,000 invested for 5 years at 15% compounded quarterly?

A: Formula: The compound interest formula is given by, A=P1+rnnt, where A-maturity value, P-principle…

Q: Mrs. Dollie availed a cash loan that gave her an option to pay Php10,000 monthly for one year. The…

A: We need to find the present value of the loan. Given: Mrs. Dollie availed a cash loan that gave her…

Q: Find the present value of the given future payment at the specified interest rate. $5000 due in 20…

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Q: An architect is entitled to received 35,000 pesos at the beginning of each year for 18 years. What…

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Q: What is the accumulated value of periodic deposits of $4,000 made into an investment fund at the…

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Q: Luis has $120,000 in his retirement account at his present company. Because he is assuming a…

A: Given that, Luis plans to roll over $120,000 to a new account. Luis also plans to put $3000/quarter…

Q: 6. Find the amount necessary to fund yearly withdrawals of $3000 for 12 years with interest rate…

A: Compound interest problem......

Q: 2. Mr. Layug had a 43,000-peso business loan that is to be paid in 8 months. If interest rate is 8%…

A: As per the guidelines we can solve 3 parts only

Q: What is the accumulated value of periodic deposits of $3,500 made into an investment fund at the…

A: Given problem:- What is the accumulated value of periodic deposits of $3,500 made into an investment…

Q: At what simple interest rate per annum will ₱20,000 accumulate to ₱25,000 in 3 years?

A: Solution:-

Q: What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $3,000 at…

A: Given

Q: Calculate the simple interest earned on a investment of  $ 700,000                           after…

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Q: I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I…

A: Here,  Pmt=15,000r=7.3%n=4t=10

Q: Suppose that you borrow ​$2000.00 from a friend and promise to pay back ​$4000.00 in 5 years.…

A: Please rate and feel free to ask any query about any part of the question,  thanks

Q: Faber castle, A manufacturer of pencils, invest P82,000 with interest compounded quarterly for six…

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Q: 7. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Note: We will answer the first question only as the exact one is not specified. Please resubmit the…

Q: Suppose you want to accumulate 120,00 for your retirement in 30 years. Make a single deposit into an…

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Q: Suppose you see a car with a car with an advertised price of $14,500 at $410.83 per month for 4…

A: Given, Advertised price $14,500 at $410.83 per month for 4 years.

Q: An employee is entitled to a 10 yearly grant of 25,000 pesos each starting at the end of the…

A: In  the question it is given that an employee is entitled a 10 yearly grant of 25,000 pesos starting…

Q: What is the accumulated value of periodic deposits of $4,500 made into an investment fund at the…

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Q: A family wants to have a $200,000 college fund for their children at the end of 17 years. What…

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Q: 1. A bank pays an annual interest rate of 3% compounded quarterty. If the initial deposit (or…

A:

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: At what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years noounded…

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Q: Mr. and Mrs. Smith have just purchased a $1,200,000 home and made 20% down payment. The balance can…

A: Given: Total purchased value of house is $1,200,000 Down payment = 20% of $1,200,000  = $240,000…

Q: What is the future value of $12,000 invested in an account that pays 4.25% compounded quarterly for…

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Q: 8. In order to have P50,000 in 5 years, how much should you invest if the compound interest is 5%?

A: Given : Amount=50,000 Time=5 years Rate of interest=5% Formula to calculate the Principal amount…

Q: In a certain account providing an interest rate of r compounded quarterly, P2,500 is deposited every…

A: P= 2500 Amount after interest =5200 interest rate of r compounded quarterly n=4/yr

Q: If a loan of P45, 000 will amount to P76, 400 when converted quarterly for 3.25 years . what…

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Q: 2. Determine the regular monthly deposit required to accumulate $10,000 in 5 years at an annual…

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Q: 2. By the condition of a will, the sum of P20,000 is left to a girl to be held in a trust fund by…

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Q: A bank offers 7.5% interest compounded monthly. What is the annual percentage yield (APY)?

A: Given  A bank offers a 7.5% interest compounded monthly. Here r=0.075 k=12

Q: Carlos invested $70,000.00 for 5 years at 8.50% compounded monthly. Calculate the future value of…

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Q: What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a…

A: interest rate  r=8%  =0.08 1st year withdrawal=$3000 according to question, subsequent withdrawals…

Q: 3. Money is worth 8% compounded semi-annually. What is the present value of the annuity paying P2000…

A: Given :- Annuity Payment (PMT) = 2000 semi - annually for 5 years so, Number of Periods (n) = 5 × 2…