3. Mr. Santos deposits P1,200.00 at the end of each 6 months for 5 years in a bank which earns interest at 6% compounded semi-annually. How much is in the bank at the end of 5 years?
Q: 5. A man wishes his son to receive P200,000 ten years from now, What amount should he invest if it…
A: The future value of the investment is P200,000. The investment to be done in current period is P.…
Q: 7. You are hoping to put down $3000 on a car in 2 years. If the bank pays 4% interest, compounded…
A: FV = 3000 Interest rate = 4% compounded monthly time = 2 Years
Q: 8. A businessman invests P 10000 today to be repaid in 5 years in one lump sum at 12% compounded…
A: Current Investment = 10,000 n = 12%
Q: If you let your friend borrow Php 50,000 for an interest rate of 5% compounded continuously, when…
A: Given: Amount borrowed=Phop 50000 Interest rate=5% compounded continuously Accumulated amount=Php 1…
Q: Which interest rate should be deposited in order to be $ 20000 in 12 years as 5000 TL. Show your…
A: Given Information Principal(A) = 5,000Time(t) = 12 yearsFinal Amount(A) = 20,000 Interest rate(r) =…
Q: 8.. How much money must initially be deposited in a savings account paying 5% per year, compounded…
A: Given the interest rate = 5% First-year withdrawal = P6000 Decrease per year in withdrawal = P500
Q: 2. You will keep $1,000 in savings for one year. What is the EAR of each of the following saving…
A:
Q: Suppose that $12,000 is placed in a bank account at the end of each quarter the future worth at the…
A: Given that, Bank deposit = $12,000 Rate of interest (i) = 8.5% Quarterly interest rate = 8.5%/4 =…
Q: QUESTION 2 if an investment account gives 5% interest annually, how much equal annual deposits you…
A: Since you have posted multiple questions, we will solve first question for you. In case you want any…
Q: What is the present value of $500.00 to be paid in two years if the interest rate is 4%. $_____…
A: From the above information, we may put the values accordingly. Future value FV= 500 Rate of return…
Q: 4. If Andy borrows R350 today at CBD Bank at 15% interest rate per annum, how much will have to be…
A: Here we calculate the amount of Andy which he pay to the bank after the year by using the given…
Q: 4. At what rate of simple interest will the sum of money double itself in 6 years. 5. Solve for F,…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: 15. Justine buys a television set from a merchant who asks P 1,250.00 at the end of 60 days (cash in…
A: Let the cash price today be p. Assumption: cash price is worth 8%. 8% interest on cash price=0.08x…
Q: 4. Given two cash transactions at i=10%, find the value of C. Cash flow 1 Cash flow 2 $300 $300 $300…
A: Present Worth (PW) of cash flow 1 = 100×PA,0.10,2 + 300×PA,0.10,10.3×PF,0.10,2 Calculate the…
Q: 9. A man wishes to have P 40,000 in a certain fund at the end of 8 years. How much should he invest…
A: Here, given information is: Future value (FV)= P40,000 Interest rate (i)= 6% compounded…
Q: 5. What is the accumulated amount of five-year annuity paying P 10,000 at the end of each year, with…
A: Principal= P10,000 Interest rate= 6.5% Time= 5
Q: Suppose you purchased a corporate bond with a 10-year maturity. a $1,000par value, a 10% coupon…
A: The given information: Interest rate is 5% per semiannual period Number of period is 14 semiannual…
Q: 4. Ellen borrowed P100,000 from a local bank at 10% annually. She must pay back the loan in five…
A: Given; Amount borrowed= P100000 Interest rate= 10% annually Time period= 5 years Number of…
Q: John-The-Smart-Investor plans to make uniform deposits every three months into a high yield savings…
A: YTM = 8% = 0.08 Coupon rate = 10% = 0.10 time to maturity of bond, n = 3 years coupon value, C =…
Q: 3. How much do you need to deposit today (P) to withdraw BD25,000 at n=1, BD3,000 at n= 2, and…
A: Given amount to withdraw in year 1 = 25000 Year 2 = 3000 Year 4 = 5000 Interest rate = 10 %
Q: 3. What is the value of an investment of P250,500 after 2 years if it earns 1.5% compounded…
A: Investment value = P250500 Time period = 2 years Interest = 1.5%
Q: 9. Edward wants to have P3500000 in 50 years. He invests in a trust fund paying an average of 10 %…
A: FV = 3500000 Interest rate = 10%annually compounded quarterly
Q: bartleby = 3 max questions 1. If the proceeds of P 2000 will be paid w/ P2400 at the end of 10…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 6. A man bought an equipment costing P60,000 payable quarterly for 3 years, each installment payable…
A: Equivalent quarterly payment (EQP) can be calculated by using the following formula.
Q: 5. For an interest rate of 8% compounded annually, find: How much will be required 5 years hence to…
A: here we calculate the payment value of loan after 5 year by using future value formula which are as…
Q: 4. At what rate of simple interest will the sum of money double itself in 6 years.
A: Simple interest is determined by multiplying the day to day interest rate by the principal, by the…
Q: 1 Using the simple interest formula, determine the number of days until $2269.00 will earn $26.54…
A: The formula shown below can be used to compute the simple interest for the specified number of days.…
Q: 19. Ma. Nochna Pula borrowed $10,000 at 6% annual compound interest. She agreed to repay the loan…
A: here we calculate the amount and choose the correct option , so the calculation of the annual…
Q: Suppose you deposited $200 at the end of every year for seven years in an account that earned 6%…
A: Compound interest formula: A =P (1+r)t
Q: 1. What is the present worth of annually payments (2000$) if the first payment will deposit after…
A: Given information, Annual payment (A): $2000 Time period (N): 15 years Interest rate (i): 7% To…
Q: Q4) Clarify whole known concepts associated with TVM? Give examples about simple & (17.5 marks)…
A: ▪︎TVM :- Time Value of Money (TVM) implies that cash got in present is of higher worth than cash to…
Q: 5. Find the present worth of all the cash disbursements using gradient interest formulas if money is…
A: Present value of year 1 cashflow = amount / (1 + rate %)^1 = 5000 / 1.15 = 4347.83 $ Present value…
Q: 3. Your beginning salary is $60,000.00. Assume your salary increases by 5% per year. You deposit 10%…
A: here we calculate the saving in each year and last calculate the total saving after 4 year , so the…
Q: 2.5 To purchase a new truck, you borrow $42,000. The bank offers an interest rate of 7.5% compounded…
A: Disclaimer- “Since you have asked multiple question, we will solve the first three question for you…
Q: 6. If the naminal interest rate is 3%, how much is $5000 worth in 10 years in a continuously…
A: Given the interest rate = 3% Present value = $5000 Time = 10 years
Q: By condition of a will, the sum of P 2,000 is left to a girl to be held in trust fund by her…
A: "Since you have asked multiple questions,we will solve first question for you.If you want specific…
Q: On the first day of the year, a man deposits 50,000 in a bank at 8% per year, compounded annually.…
A: Interest refers to the amount paid in excess of the principal amount by the borrower to the lender.…
Q: 2) An account earns (12) 2% for the first two years, (12) 3% for the net two years, and (12) -6% for…
A: Given; Interest in first 2 years;i=2%Next 2 years; i=3%Next 1 year; i= 6% Time; n=5 yearsMonthly…
Q: 1. What is the present value of $500.00 to be paid in two years if the annual interest rate is 5%?…
A: Since you have asked multiple question, we will solve the first question for you. If youwant any…
Q: 1. A company employee wishes to have P60,000 when he retires 18 years from now. If the annual…
A:
Q: 4. The present value of an annuity of "P" pesos payable annually for 8 years, with the first payment…
A: Given:- Money worth=5% Present value of annuity=P187,481.25 Payable annually=8 years First payment=…
Q: 4. A debt can be paid by payments of $600 scheduled in one year, $800 scheduled in three years, and…
A: Present value of payment scheduled in 1 year:- PV1=F.V.(1+i)n=600(1+0.07512)12…
Q: Ms. Jones wants to make 10% nominal interest compounded quarterly on a bond investment. She has an…
A: Here "r" is the annual interest rate. The quarterly interest rate will be r/4 (i.e. 4 quarters per…
Q: 1. Aunt May wants to set aside money for Peter Parker's future college education. Money can be…
A: Interest rate = 18 % Time = 17 – 6 = 11 years Yearly amount that has to be paid for 4 years after…
Q: Find the total money you have in the bank if you invest a 8710 JD for 5 years at a simple interest…
A: Simple interest is basically known to be as the technique which is gradually used to calculate the…
Q: 3-82. Suppose that you have just borrowed $7,500 at 10% nominal interest compounded quar- terly.…
A: Interest rate is the rate that a lender charges from the lender to use its money for a specific…
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- ! Pls answer !bartleby = 3 max questions 1. If the proceeds of P 2000 will be paid w/ P2400 at the end of 10 months, find the discount rate. 2. At certain interest rate compounded quarterly, an amount worth P8000 will be P20000 after 5 yrs. How much would it be at the end of 10 years? 3. For a deposit of $1023 at 7.8 % interest compounded continuously over 4 years, find the interest earned?Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes from deposits and how much comes from interest?Periodic Deposit: $? at the end of each yearRate: 8% compounded annuallyTime: 12 yearsFinancial Goal: $20,00010.You now have $20,000 which can be invested at 9% per year. c.If you borrowed that $20,000 to be paid back over13 years at 9%, what are your annual payments? d.How much must you save per year for 13 years at 9% to accumulate $20,000?
- 3. What is the Uniform Series Present Worth factor for an interest rate of 5.5% over 20 years?5. Mr. Jo needs P 4,000,000 immediately to pay for a new home. Having insufficientfund for this, he borrows P 2,000,000 from an insurance company and repay the loanevery six months for 15 years, the first payment being at the end of 8 years from now.If the insurance company charged him 8% compounded semiannually, how much isthe amount of each payment?You take out a 30 year mortage at an annual interest rate of 6% which you will repay in monthly installments if the loan was for a total of 301, 251 how kuch will your monthly payment be? ( Please currect answer)
- 6.Find the present value of $20800 in 4 months at 12% simple interest. a)$200 b)$200,000 c)$2000 d)$20000You borrow $ 27965 at 12.25 % interest compounded monthly. If you are unable to make any payments for 5 years, how much do you owe at the end of 5 years? No rounding off to interest rate and round off your final answer to 2 decimal places.! Use the given Data ! bartleby = 3 max questionsFor a deposit of P150000 at 8.5% interest compounded continuously over 5 years, find the interestearned. Jonal is left with an inheritance which amounts to P 30000 trusted to her guardian until it reachesto P 60000, how long would she wait for her money if it is invested at 10% compounded quarterly?N=
- Suppose you deposited $200 at the end of every year for seven years in an account that earned 6% annual effevtive interest. At the end of seven years, how much would the account be worth?You want to borrow $20,257. You must repay the loan in 7 years in equal monthly payments and a single $4,463 payment at the end of 7 years. Interest rate is 13% nominal per year. What is the amount of each payment? Please answer correct calculation asap plz Don't answer by pen paper plzMr Chen wants to get a lumpsum of 3.5 million pesos when he retires at the end of 20 years. How much in pesos should he deposit every end of 3 months in a fund that gives an interest of 12% compounded quarterly to satisfy his desire?