2. What sum of money must be deposited at the end of every three months into an account paying 3.7% compounded quarterly to accumulate to ₱18,000.00 in twelve years

Q: 3. Find the present worth of perpetuity of P10,000 semi annually with an interest rate of 10%…

A:

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

A:

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

A:

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

A:

Q: A payment of $6,500 was made into an account at the end of every 3 months for 12 years. a. If the…

A: Given-  Payment of $6,500 was made in to an account at the end of every 3 months for 12 years. Here…

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: To support his handicapped niece tony made a payment of $1800 at the beginning of every 3 months. If…

A:

Q: A man receives 125,000.00 credit for his old car when buying a new model costing 375,000.00. What…

A: Given information Buying price=$375,000 Old car exchange value=$125,000 Interest rate r=6% Since,…

Q: 1. Shirly started to deposit 18,000 semi-annually in a fund that pays 5% compounded semi-annually.…

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Q: What interest rate was applied if a loan of P54, 300 will amount to P83, 000 after 2 years and 6…

A: We need to find the interest rate applied if a loan of P54, 300 will amount to P83, 000 after 2…

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

A: From the given data

Q: A mortgage for a condominium had a principal balance of $45,700 that had to be amortized over the…

A:

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: 2. A car is being sold for P15,000 per month for 10 years at a monthly interest rate of 10%. Find…

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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: A business must raise $57,000 in 5 years. What should be the size of the owners’ quarterly payment…

A: ANSWER IS AS BELOW:

Q: 4. A consumer loan of P80,000 is obtained that is due 3 months from now. If interest  rate is 8%…

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Q: Today, Lucia made a down payment of ₱125,000.00 for the purchase of a new automobile. If she is…

A:

Q: A sailboat costs $27,434. You pay 15% down and amortize the rest with equal monthly payments over a…

A:

Q: (b) What will be the amount of an ordinary annuity of $100 each month for three years if interest at…

A: An ordinary annuity is a series of equal payments made at the end of each period of the specified…

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

A:

Q: As a result of a court settlement, an accident victim is awarded $1.5 million. The attorney takes…

A: Answer is mentioned below

Q: A relative wills you an annuity paying $4,000 per quarter for the next 10 years. If money is worth…

A: We have given the value of each payment i.e  P= $4000 Rate of interest   (r) = 8%  Total year is 10…

Q: The first quarterly payment of $850 in a six-year annuity will be paid 2.5 years from now. Based on…

A: Given data is; A=$850 t=2.5 years r= 3.6 %=0.036 Compounded monthly, thus n=12

Q: 8. A loan of 67,000 pesos is to be amortized by paying quarterly in 1 year. If the money is worth…

A:

Q: The semiannual tuition payment at a major university is expected to be $37,000 for the 4 years…

A: From the question, given that: R= payment at the end of period =$34000 i = period rate = 0.12=0.05…

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

A:

Q: he semiannual tuition payment at a major university is expected to be $35,000 for the 4 years…

A:

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: Noreen Leung has agreed to purchase her partner’s share in the business by making payments of $1,100…

A:

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: 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…

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Q: What is the present value of an annuity that consists of 30 monthly payments of $300 at an interest…

A:

Q: An interest-bearing note for P75,000 requires payment at the end of each quarter for four years. If…

A:

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

A:

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

A:

Q: Calculate the future value of an ordinary annuity consisting of semi-annually payments of $1,400 for…

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Q: 9) If Juan invests $7,000 at 6% annual interest rate compounded semi-annually Tor 12 years, how much…

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Q: Planning to give his son a car as a gift when he graduates from college 2 years from now, Adam…

A: From the question we know the time(t) is 2 years, n is 12 ( compounded monthly) and rate(r) is…

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

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Q: Suppose that an annuity will provide for 20 annual payments of 1540 dollars, with the first payment…

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Q: A loan of P 50,000 is-to be amortized by paying quarterly in 1 year. If money is worth 10%…

A: Since you have posted multiple questions and we can answer one question. So, answered question…