2. A private school teacher plans to apply for a housing loan in the Home Mutual Development Fund or Pag-ibig. It offers her a loan amounting to P1,500,000.00, considering all the rules and regulations regarding the policy with 6.5% interest per annum payable within 15 years. Compare the maturity value if interest will be paid using simple interest and/or compound interest compounded yearly. Please use the model table shown in this module to compute and compare the interest.

Q: A $8,200 loan, taken now, with a simple interest rate of 5% per year, will require a total payment…

A: Explanation is given below..

Q: Brooke had to make a payment of $2,900 in 10 months and $1,350 in 17 months, to a raw material…

A: Simple interest is based on the principal amount of a loan or the first deposit in a savings…

Q: . Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a…

A: Answer a. Face Value = $1,000 Annual Coupon Rate = 7.00%Annual Coupon = 7.00% * $1,000Annual Coupon…

Q: A $ 90 stock pays $ 1 every 3 months, with the first dividend coming 3 months from today. The…

A: Given, a $ 90 stock pays $ 1 every 3 months, with the first dividend coming 3 months from today. The…

Q: The City of San Antonio is considering various options for providing water in its 50-year plan,…

A: Given, revenue = 4.1million Rate percent r1=10% r=9% t=23years, after which it depleted completely.…

Q: Starting with the Jun 22 Gold futures settle price, if the cost of storing gold for six months, paid…

A: June 22 Gold Futures settle price is 1949.20 Theoretical Dec 22 Gold Futures =June 22 Gold Futures…

Q: Certain operating savings are expected to be zero (0) at the end of the first six (6) months, to be…

A: Solution :-

Q: On August 1, 2020, the market value of the investments contained in the Young and Masters Aggressive…

A: Net Asset Value Per Share(NAVPS):  Net asset value is the net value of a company or corporation and…

Q: If the proceed of a loan of P25,000.00 will be paid with P27,000.00 at the end of 1 year and 3…

A:

Q: 6. What are the amounts of interest and maturity value of a loan for P20,000 at 6 % compound…

A: Note: according to our guidelines we can answer only 6th question 6)

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: What is the future value of a constant income stream of $30,000 per year in 5 years from now given a…

A:

Q: a. Determine the periodic deposit. Round to the nearest dollar. b. Break down the financial goal…

A: Consider the provided question, (1) (a) Given: Rate(r) = 6% compounded annually Time(t) = 18 years…

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

A:

Q: 3.1 Table 1 below is a loan factor table that shows the monthly repayments per RI 000 on a home loan…

A: When we take a loan we have to repay the amount in fixed intervals including partial principal and…

Q: Julia had to make a payment of $2,000 in 10 months and $2,250 in 18 months, to a raw material…

A: Given :  Julia had to make a payment of $ 2, 000 in 10 months and $ 2,250 in 18 months and a simple…

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: If the interest rate on a 20-year mortgage is fixed at 10% and if a monthly payment of $1000 is the…

A: Let y0 is the initial value, R is the annual interest rate, b is the monthly payment and n is the…

Q: A trader has decided to set up a sinking fund for the purpose of purchasing a truck for 2 years…

A: Consider the given information.

Q: Suppose we have a four year fixed-payment loan with $1000 payments made at the end of each year.…

A: $1000 payments made at the end of each year. Total amount at the end of 4 years is A=$1000*4=$4000.…

Q: (4) An investment of P 100,000 is to be used to make payments of P 4,000 at the end of each quarter…

A:

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: 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: How long does it take a principal of $25,000 at a simple interest rate of 5% to become $30,000? 2.…

A:

Q: 6. A smart phone was bought at an amortized loan of P20 000 with 18% annual interest to be paid in 5…

A: as per our guidelines we are supposed to answer?️ only one question. Kindly repost other question as…

Q: A mortgage of $686,000 is amortized over 25 years by making end-of-month payments of $3,650. Your…

A: Mortgage of 686000 is given  Time 25 years  Monthly installment is 3650 is also given

Q: The Tomac Swim Club arranged short-term financing of $15,600.00 on July 19 with the Bank of Commerce…

A:

Q: What would be the selling price of a 10-year bond with a face value of P100,000, interest at 20%…

A:

Q: Derive the formula of the compound interest for the montly investment plan

A: The annual compound interest is given by  Compound Interest (C.I)=P*(1+R%)t .........(1)  Where P is…

Q: 1. Determine the present value of a series of 60 monthly payments of $2,500 each which begins 1…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: 4 years ago you bought a home for $350,000, which at the time was 4.5% below the home’s fair market…

A:

Q: Your parents are considering a 30 year $100,000 mortgage that charges 0.5% interest each…

A: Given  P= 100000 r= 0.5% n = 360

Q: A company is due to receive a payment of £500,000 from a customer in 6 months’ time. To smooth its…

A:

Q: Debt payments of $1,600 and $1,850 are due in five months and nine months, respectively. What single…

A: Given that debt payment of $1,600 and $1,850 are due in 5 months and 9 months respectively. And…

Q: 13. Compute the net present value of a P260,000 investment with a 10-year life, annual cash inflows…

A: Given  that: Investment = P260,000 Time = 10 years  Annual cash inflows = P50000 Interest rate =…

Q: A bond issue is approved for building a regular payments of $96,000 every quarter into a sinking…

A: Given: To find the interest and amount how much will the city have to pay, The given details: i =…

Q: 1. The management of a corporation anticipates a capital expenditure of $500,000 in 5 year for the…

A: We will be using compound interest formula to find instalment needed.

Q: With reference to the accounting method of amortized analysis, in what situation the sum of…

A: Amount of charge is called amortized cost.Amortized cost is that accumulated portion of the recorded…

Q: Mr. Espinoza's debt of P160,000 is amortized by making equal payments at the end of every three…

A:

Q: A homebuyer wishes to finance the purchase with a $95,000 mortgage with a 20-year term. What is the…

A:

Q: On January 1, 2018, Kline Inc. borrowed P9,000 from Harvard Co., and on January 1, 2020, it borrowed…

A: Introduction: When a financial institution gives money as a lender, it charges interest. The amount…

Q: 1. SAVINGS BANK OFFERS LON6-TERM SAVINGS CERTIFICATE AT 7/2 7% PER YEAR COMPOUNDED CONTINOUSLY, IF A…

A:

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: Payment of $882 due 1 month ago and $498 due today are to be repaid by a payment of $400 one month…

A:

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: To supplement your planned retirement in exactly 42 years, you estimate that you need to accumulate…

A: a)To get the amount of each annual payment (PMT) ;   PMT={FVA _{42}} ÷(\frac{(1+0.08)^{42}-1}…

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

A:

Q: A $5000 bond with a coupon rate of 6.25% and redeemable in two years was purchased when the yield…

A: Given that P is 5000 The coupon rate is 6.25% And the yield rate is 7.75%. The formula is,…

Q: Consider two options for purchasing a Honda Fit LX: one is a brand new 2020 model with a…

A: Here two cases are there  case-I of taking new bike case-II of taking two year old bike with less…

Q: If a 12-day single payment loan has a periodic interest rate of 11.2%, what is the approximate APR…

A: