2. In what time wilI Php. 875.00 double itself at the rate of 7% simple interest?

Q: How much more is a perpetuity of $2,000 worth than an annuity of the same amount for 10 years?…

A: Formula using here,  PV of perpetuity =Amountinterest rate =20004%=$50,000

Q: Suppose mr. Sison would like to save P5,000 every month in a fund that gives 9% compounded monthly.…

A:

Q: 2. If you borrow $5000 and, after 9 months, pay off the loan in the amount of $5500, what per annum…

A:

Q: Suppose you take out a loan for $6,000, at 12% ordinary interest. If the amount of interest is $642,…

A:

Q: What lump sum do parents need to deposit in an account earning 14%, compound monthly, so that it…

A: Compound interest: Formula : A=P 1+rnnt, where A is the amount P is the principal or the invested…

Q: If you borrow $2,400 for 4 years at an annual interest rate of 6%, how much will you pay altogether?…

A: When the interest is simple, then the formula used is A=P(1+rt), where, A is the final amount, P is…

Q: If Pat pays $15,334.65 for a $25,000 face-value, zero-coupon bond that matures in 8 years, what is…

A: Given-              F.V=$15,334.65              P.V=$25,000               n      = 1 year Where-…

Q: Ann and Tom wants to establish a fund for their grandson's college education. What lump sum must…

A: let they deposit    $ Po P=Po1+rnntP= final amount Po= initial Amount r= intrest raten=number of…

Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

Q: How much must you deposit today into an account with quarterly compounding interest and an APR of…

A: please comment if you need any clarification. If you find my answer useful please put thumbs up.…

Q: Basim borrows OMR 3580 for 4 months at a simple interest rate of 6% per year.Determine proceeds. a.…

A: Consider the provided question, Basim borrows OMR 3580 for 4 months at a simple interest rate of 6%…

Q: If the simple interest on $3,000 for 7 years is $1,050, then what is the interest rate? The rate is…

A: We need to solve it by the basic formula of simple interest.First we need to specify the given…

Q: Find the effective rate of Interest that is equivalent to an 7% rate compounded monthly. O 7.20 % O…

A: Given: i=7%=0.07 which is compounded monthly so n=12

Q: If you borrow $5000 and,after 9 months,pay off the loan in the amount of $5500, what per annum rate…

A: Consider the given: Let the per annum rate of interest be "t",12 months = 1 year9 ​months = 0.75…

Q: A) if you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be…

A: As per the company guidelines i am solving the first question please resubmit the question for…

Q: If the compound interest earned for the second year at 10% p.a. is Rs. 121. What is the principal…

A: This is a problem of compound interest. See it step by step.

Q: 3. Ryza borrows Php150,000. At what rate compounded bi-monthly will her interest be if she agrees to…

A: Given that Ryza borrows Php 150,000. She agrees to pay Php 10,000 more at the end of 2 years. And…

Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

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

Q: what is the simple interest on $15,000 for 3 years at a rate of 4% per year

A:

Q: 2. Emma availed of a cash loan that gave her an option to pay P10,000 monthly for 1 year. The first…

A: We will find out the required value.

Q: A person borrowed 500,000 pesos at an interest rate of 18% compounded monthly. Monthly payments of…

A:

Q: If John wants to retire with $10,000 per month, how much principal is necessary to generate this…

A: Given interest rate is 10% and expected monthly income after retirement is $10,000 This monthly…

Q: Basim borrows OMR 3580 for 4 months at a simple interest rate of 6% per year.Determine proceeds. -…

A:

Q: #2 Isaac invested $77,000 in an account paying an interest rate of 4.6% compounded quarterly.…

A: We have to find amount

Q: A loan of 28,900 is obtained for 5 months at 8 3/5 %. How much is the simple interest?

A: Given that : a loan of 28,900 is obtained for 5 months at 8 3/5 %. We find the simple interest.

Q: How many interest payments are made in 14 years and 6 months if interest is paid quarterly?

A: Quarter in a year means 1/4 of a year. Since there are twelve months in a year therefore  quarterly…

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: Find the effective rate of Interest that is equivalent to an 7% rate compounded monthly. O 7.20 % O…

A:

Q: Given a principal of Php. 100,000.00 payable for 2 years at 3% compounded quarterly. What is the…

A: Interest per conversion period is given by annual interest rate divided by number of periods Here…

Q: 4. A different car loan is advertised with a 3.25% APR for $23,000 a car. What is the monthly rate?

A: given that  there is a 3.25% APR for $23000 a car. total amount for a year will be…

Q: How much would Juanita's monthly premium be for a 10-year term insurance policy with a face value of…

A: Juanita's age = 24 years Juanita is a female. Premium required for face value $280,000

Q: If you pay $8,400 for a 20-year zero coupon bond with a face value of $40,000, what is your annual…

A:

Q: A. A$10,000 certificate of deposit earns simple interest of 8 percent per year. Calculate the total…

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

Q: What is the cash value of a lease requiring payments of $1,362.00at the beginning of every year for…

A:

Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A:

Q: Suppose that Juanita borrows $500 for 6 months at the simple interest rate of 9% per annum. What is…

A: Given :- Suppose that Juanita borrows $500 for 6 months at the simple interest rate of 9% per annum.…

Q: 1. What amount would Vanessa Mae receive if she invests worth 250,000 pesos for 5 years and 9 months…

A:

Q: What is the simple interest paid on $1600 at 3 % for 4 years? Round your answer to the nearest cent.

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Q: 1 he annual interest on a bond is 4-% of its face value and amounts to $185. What is the face value…

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Q: If $5,700 is loaned for 16 months at a 12% annual rate, how much interest is earned?

A:

Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

A: As per Bartleby's answering policy, we can answer only one question with a maximum of three subparts…

Q: If $1000 is borrowed and the interest after 24 months is $300, what is the annual interest rate for…

A:

Q: Mr. Ahmad's parents deposit KWD 2,500 at the end of each year into his account for the next 15…

A: In the it is given that Ahmad's parents deposit 2,500 at the end of each year into his account for…

Q: A trust fund needs to deposit an amount of money at 5.6% compounded quarterly for withdrawing 10,000…

A: Given A trust fund needs to deposit an amount of money at 5.6% compounded quarterly for withdrawing…

Q: 4. How long will 1 million pesos earn a simple interest of 200.000 at 2% per annum?

A: Since you have asked multiple questions, we will solve the fourth question for you simple interest…

Q: 2. A Php1,000,000-trust fund was set up and to be used by an 8-year old nephew when he goes to…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: 2.A man is required to pay 57500 at the end of 15 days or 60000 at the end of 60 days. Determine the…

A:

Q: •What is the present value of receiving a lump sum of $10,000 in year ten?

A: Note : according to our guidelines we can answer only first question

Q: 1. At 10% interest rate, how much should you invest today to be able to withdraw Php10,000.00…

A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

Q: Upon graduation from college, Warren Roberge was able to defer payment on his $40,000 subsized…

A: Amount 'A' on a principal 'P'  when rate of interest is compounded is given by the formula: