#20,000.00 borrowed today for 2 years at 5% compound interest will result in how much total interest at the end of Year 2?

Q: Compute the future value of a $3500 deposit, after eight years, in an account that pays a simple…

A: Using the formula for simple interest. The interest amount can be calculated.

Q: Which is a better choice in buying a washing machine worth P12,700.00? * A. Avail of the instalment…

A: To determine the best alternative to buy a washing machine.   Given, Present worth of the washing…

Q: An asset originally costs P500,000 depreciates in value each year by 10% of its value at the…

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Q: You need a P40,000 per year for four years to go to college. Your father invested P50,000 in a 7%…

A: The values given in the question are as follows Invested amount(at the time of born)=P50,000 Account…

Q: At the birth of a girl, what amount should her mother invest in order to provide the daughter with…

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Q: Rachel can earn 3% interest in her savings account. Her daughter Dani is 11 years old today. Suppose…

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Q: Dr. Max borrowed P3, 500, 000 at 8% for 10 years. The loan stipulated that the following payments…

A: Given, Borrowed principle money, M = P3,500,000 Rate of interest, R = 8% Time period, T = 10 years…

Q: 1.You deposit $50,000 into a fund that pays 5% per year compounded annually. You plan to make the…

A: Given, P = $50000 R = 5% per annum

Q: Calculate the equivalent present worth (PW) of the following cash flows. Use an interest rate of 8%…

A: Given:  interest rate, r=8%

Q: For a given interest rate, simple interest varies jointly as principal and time. If P3000.00 left in…

A: Given Data,  When Principal = 3000 , Intrest earned is 720 for a Period of 24months .  Our aim is to…

Q: You need P4,000 per year for four years to go to college. Your father invested P5,000 in 7% account…

A: Given: The invested amount is 5000. The interest is 7%. The withdrawal amount is 4000.

Q: i= 3% A = $2,500 n= 8

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Q: 4. Use the cash flow diagram below to calculate the amount of money in yea 5 that is equivalent to…

A: Given:- interest rate=12% year =5 To find:- amount of money in year 5

Q: Q.5 A construction engineer invests a sum of $10 000 in a bank at a nominal interest rate of 16% for…

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Q: If P35, 000 is deposited now into a savings account that earns 6% per year, what uniform annual…

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Q: A certain sum of money will be deposited in a savings account that pays interest at the rate of 6%…

A: Given FV=5000i=6%n=10

Q: (3 IF Ps.00o accumulates to P&,500.00 when invested at a simple interest for three , what is the…

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Q: Copy of Find the amount at the end of 5 years and 9 months if P9 000 is invested at 20% compounded…

A: Given,  Principle (P) = P9000 Interest rate (R) = 20% or 0.20  Number of compounding period (n) = 4…

Q: A P20 000.00 bond is sold now for P18 500.00. Determine the redemption price at the end of seven…

A: Face value = P 20,000  Number of periods = 7 ×2 = 14 periods  Periodic yield = 12%2 = 6% per period…

Q: Solve for the present worth of a perpetual payment of PS0,000.00 every 5 years? Interest rate is 6N

A: It is required to determine the perpetual payment paid per year. Payment paid per year=Total…

Q: If the nominal annual interest rate is 6% compounded monthly, what is the effective quarterly…

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Q: Compute the future value of a $3500 deposit made today, after eight years, in an account that pays…

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Q: If $5000 is invested at 6% annual simple interest, how long does it take to be worth $6800?

A: An amount of X is invested in a firm or in a project and the outturn for the amount is given back to…

Q: 2. When compounded quarterly P12,000 becomes P 20,415.23 after 4 yrs. What is the nominal rate of…

A: step 1-

Q: A house costs P500,000 cash. A purchaser will pay P100,000 cash, P50,000 at the end of 2 years and a…

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Q: the interest and the accumulated amount

A: simple interest

Q: What will be the effective annual interest rate if the nominal interest is 9.53102%?

A: Given, Nominal interest is 9.53102 % now, asked the effective annual interest rate effective annual…

Q: Consider an investment that costs $100,000 and has a cash inflow of $25,000 every year for 5 years.…

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Q: How long will it take for an investment to fivefold its amount if money is worth 14% compounded…

A: Using the formula for compound interest in which money is interested continously.

Q: Compute the future value of a $1500 deposit, after eight years, in an account that pays a simple…

A: Given:- The present value of the deposit = $1500  The time period of the deposit is 8 years The…

Q: . Determine the exact simple interest on P1,000 for the period from January December 31, 2012 at 12%…

A: P = 1000 t = 1year ( January to December 31 ) Rate of interest ,r = 12% = 0.12

Q: 2. How much interest would be due at the end of 14 months on a loan of P30,000 if the interest is…

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Q: Company B has a P5M loan for a new security system it just bought. The annual payment is P444,000…

A: Loan Amount (P) = 5 Million = P 5,000,000 Annual Repayment for 30 years = P 4,44,000 Rate of…

Q: In an effort to pay off the loan quickly, a borrower made four payments in years 1 through 4, with…

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Q: What is the principal amount if the interest at the end of 2.5 years is 4,500 with a simple interest…

A: Given, T = 2.5 years A = 4500 R = 6.01%

Q: A loan was to be amortized by a group of four end-of- year payments forming an ascending arithmetic…

A: Let a1= the first payment = 5000 let d = difference between successive payments = 400 an=a1+n-1d…

Q: Show complete solution with cash flow diagram. The annual income from a rented house is $12.000. The…

A: This question is related to Estimation and Costing Engineering. In this problem given about profit…

Q: 4. P60,000.00 is placed in an account at 4% compounded annually for 2 years. It is then withdrawn at…

A: Compound interest and effective interest rate is given by: C.I=P×(1+r100)n-P E.R=(1+rm)n-1 Where, P…

Q: Q3:How much money must you deposit in year 6 if you deposit $5000 now and you want to have $12,000…

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Q: A loan of P 50,000 is to be paid in 3 years at the amount of P 65,000. What is the effective rate of…

A: This problem is related to Estimation and Costing Engineering. And Calculate to Effective Rate of…

Q: Calculate the total present worth of the cash flow below using an interest rate of 2.8% and when Q…

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Q: The amount of 10000 is borrowed at 30% per annum simple interest, how much will be due at the end of…

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Q: What is the nominal interest rate if the interest rate of 25% is compounded continuously?

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Q: Find the amount at the end of 3 years and 6 months if P7,000 is invested at 30% compounded…

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Q: 9. A cash flow has the following income values: $100 at end of year 2, $200 at end of year 3, $300…

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Q: Matthew's investment in her savings account matured to $5,892.79 at the end of 80 days. If the…

A: We have to find the principle amount (P). Here time (t) = 80 days = 80/365 = 0.22 years. Rate of…

Q: An amount of $ 500 was borrowed for the period from January 10 to October 28, 1996 at 16% interest.…

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