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

Q: (ii) What would be the annual interest rate needed to triple over ten years an initial $5000…

A:

Q: A couple who borrow $60,000 for 15 years at 6%, compounded monthly, must make monthly payments of…

A:

Q: 5. What sum must be deposited today at 18% per year compounded monthly if the goal is to a compound…

A: According to the question: Given   that,Rater=18  %=18100=0.18Compounded  monthly⇒n=12A=50000Time…

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

A:

Q: In order to establish a sinking fund of $125,000, how much will have to be invested at the end of…

A: Solution...

Q: 4.9 For a Federal Credit Union that offers an interest rate of 8% per year, compounded monthly…

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

Q: 1. How much is your loan amount today if you are going to repay using 80 equal monthly payments of…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: A debt of $7000 is to be amortized with 8 equal semiannual payments. If the interest rate is 10%,…

A: The amortization formula is given by R=P i1-(1+i)-n where R is the periodic payment for the borrowed…

Q: 1. If a sum of RM4,913 becomes RM12,167 in three years then find the rate of interest per annum…

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

Q: 1. Jamie is saving ₱10,000 at the end of each month. How soon can she retire if she wants to have a…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: The interest rate on a GIC is 4.50% compounded quarterly. What is the purchase price of the GIC if…

A: Find purchase price of GIC

Q: A debt of RM8,000 will mature in four years'time. Find: (a) the present value of this debt (b) the…

A: Given that a debt of RM8,000 will mature in four years' time.

Q: A debt of $6000 is to be amortized with 8 equal semiannual payments. If the interest rate is 12%,…

A:

Q: What is the correct answer to questions 1, 2 and 3? 1. What will be the value three years from now…

A: Given 1. P=60000 r=6% t=3 2. P=30000 r=8% t=5 3. A=200000 r=10% t=5

Q: 14. Jeanine plans to deposit $875 quarterly for 3 years, into an account. With an interest rate of…

A:

Q: What is the annual nominal rate compounded daily for a bond that has an annual yield of 5.2%? The…

A: Use formula of annual percentage yield

Q: 2. Ms. Z puts P242, 400 in a savings account that pays a set yearly interest rate of 5% compounded…

A: Let's find account balance after six years.

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: 1. Ken is paying 2,500 every 3 months for the amount he borrowed at an interest rate of 8%…

A: Let us find the loan amount for the following EMI program in the next steps.

Q: 3. What amount must be invested now in savings account earnings 996 compounded quarterly to…

A:

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

A:

Q: 8. What amount of money is equivalent to receiving $5000 two years from today, if interest is…

A: $5000 two years from today, interest is compounded quarterly at the rate of 2.5 per quarter

Q: How much interest will be charged on ₱ 7,300 borrowed for (3) years at a simple interest rate of 12%…

A:

Q: What is the correct answer in questions 1 and 2? 1. Calculate the principal sum which, if deposited…

A: Let us considre P be the principal amount, r be the rate of interest and t be the time period . Let…

Q: If you deposit $100 in a bank account that yields an annual percentage rate (APR) of 6%, what will…

A: From the given information, the deposit amount is $ 100.Percentage rate is 6% or 0.06.

Q: 5. The present value of a perpetuity that will pay out $10 K per year forever is $250 K. Assuming…

A: Given that Present value=$ 250 K    Per year pay-out=$ 10 KAs it is forever paid . it is…

Q: What amount should a person deposit today in a bank investment that pays 1.13% per month compounded…

A: Let the current funds deposited be X. Now expressing the question as an equation  Current…

Q: Find the effective rate of interest corresponding to a nominal rate of 6% compounded semiannually.

A:

Q: 9. In order to have P1 million in a fund at the end of 15 years, how much must be deposited in the…

A: Solution

Q: What lump sum should be deposited in an account that will earn at an annual rate of 8%, compounded…

A:

Q: At the time of a child’s birth, $10,000 was deposited in an account paying 3% interest compounded…

A: Quarterly rate is determined by dividing annual rate by 4.

Q: Ten annual installments of 65,000 pesos each starting at the end of the eleventh year from now, is…

A:

Q: 1. Mohammed estimate that he will need RO 10,000 in 5 years to fund his university education. How…

A: There are multiple question, As per company policy ask other question separately . P = initial…

Q: A 3-year term insurance policy has an annual premium of $300, and at the end of 3 years, all…

A: Here we will use the formula  P0 = C*[1 -(1 +r)-n ]/rWhereP0 = Lump sum depositC= Annual deposit…

Q: A couple believes they can afford a monthly house payment of $1,700 and would like a 30-year…

A:

Q: For how long must a deposit of P10,000 be left at an account giving interest at an annual interest…

A: According to the given information, it is required to determine the time required to accumulate the…

Q: A couple who borrow $80,000 for 15 years at 6%, compounded monthly, must make monthly payments of…

A: Solution:- Monthly payment=$675.09 rate r=6% compounded annually ⇒R=612%=612×100=0.005   (compounded…

Q: At what interest rate compounded quarterly is Php 50,000 deposited if it balloons to Php 85,000 in 5…

A: The formula for compound interest is A=P1+Rnnt, where A=Final amount P=Principal amount R=Interest…

Q: What single payment in two years would replace a payment of $18,650 due one year ago and a payment…

A: The compound interest formula is defined as, A=P1+rnnt where, P=principal amountr=interest…

Q: 3. What is the amount in the RRSP after 5.5 years? 4. How much interest will the RRSP have earned in…

A:

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

A:

Q: 4. Amal wants to have $40000 available for a down payment on a house in 10 years. How much should…

A: Since you have asked multiple questions in a single request so we will be answering only first…

Q: Is it true that if maxine deposited 1000 dollars into an account that pays 4.5% intrest , compounded…

A:

Q: A debt of $9000 is to be amortized with 8 equal semi-annual payments. If the interest rate is 8%,…

A:

Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

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

Q: 5. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A:

Q: What is the total investment of $3500 compounded quarterly for 8 years at a rate of 5%? And what is…

A:

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: 4. Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years,…

A: Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years, compounded…