5. Ms. Cruz can buy a piece of property for P6,500,000 cash or P4,200,000 in five (5) years. If she has money eaming converted quarterly, which is a better purchased plan and by tow much? 1,000,000 down payment and

Q: The financial officer of Toys and Noise arranges a loan of $8,500, at 8.5% interest, for 31 months.…

A: Given information P=$8,500 Rae of interest r=8.5% Since, time t=31 months Hence, t=3112 years Use…

Q: 16. You want to buy a $12,000 car with no money down at a rate of 5.7% APR for 7 years. What is your…

A: From the provided information, The total amount of car (P) = $12,000 Rate of interest (r) = 5.7%…

Q: Nizwa Chemical Company received an invoice for 1200 OMR, dated March 12, with terms 2/10 EOM. If the…

A: Given that, Nizwa Chemical Company received an invoice for 1200 OMR, dated March 12, with terms 2/10…

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A: According to bartleby's guidelines, we are allowed to solve only one question at a time. So, the…

Q: A proposed alternative to the current Social Security system is to set-up an account with $12,000…

A: A proposed alternative to the current Social Security system is to set-up an account with $12,000…

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Q: A woman earned wages of $55,900, received $2100 in interest from a savings account, and contributed…

A: The gross income is calculated as the sum of the income earned from wages and the interest earned…

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A:

Q: 4. The price of a house for sale is P5,000,000. The bank requires 15% down payment. If a buyer wants…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Three years ago, Pete took out a loan of $55,000.  The loan was taken out for 10 years with an…

A:

Q: 2. Suppose you are offered a job as a full-time online tutor. The starting annual salary is…

A: Given salary 150000 Interest 5% Time 10 years

Q: Ask someone borrowing from a five-six ( Bumbay ) money lender. How much will be charged if you want…

A: Simple interest:              SI = PRT100 where P = principle            R= rate of interest…

Q: How much would be the interest when Bankers Rule was use if a principal of P86, 000 borrowed for 425…

A:

Q: Let's say Jeff Bezos, owner of Amazon, takes 5,000,000,000 and puts it in a savings account with a…

A: Principal Amount, P = $5,000,000,000 Simple interest rate, r = 5% = 0.05 Time, t = 1 year To…

Q: 4. Suppose Tom has a credit card debt of $4000 which has an annual rate of interest 18%. The minimum…

A: In June we have 30 days. APR given here is 18%.  The daily interest rate is 18365% The formula for…

Q: OHaganBooks.com is seeking a $260,000 loan to finance its continuing losses. One of the best deals…

A: Solve for yhe monthly payment

Q: Jeffrey wei received a 6 year non subsidized student loan of 31000 at an annual interest rate of…

A: Answer and explanation is given below

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A: Cost of the asset = 100,000 Salvage Value = 8,000 The useful life of the asset = 5 years…

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A: The formula for simple interest is . Here, A  is the amount obtained after a period of time t in…

Q: 12. Late payments are noted on a credit report. O True O False

A: Given query is to determine stai is true or false.

Q: Ahmed purchased a Television for RO 800 with a down payment of 15%. The loan is taken from Bank…

A: The expression, x% of y is evaluated as follows. x% of y=x100·y=xy100   For example, 5% of 200 is…

Q: A village recently completed the construction of a new water tower. The entire cost of the water…

A: solutiona)Due balance=Total cost-government paid=934000-480000=454000

Q: 14. A promodiser selling appliances in a department store receives his pay check bi-weekly. If the…

A: Find the detailed solution in the below images

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A: Given: Borrowed amount=$1500……1Three equal payments=x say……2Final payment=$400……3Interest…

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A: We have to answer question based on invoicing.

Q: 7. If a house is sold for P3,000,000 and the bank requires 20% down payment, find the amount of the…

A: Mortgage

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A: Ans 1. Proposal 1.  total amount for first 20 years =300000×20=6000000$ total amount for next 20…

Q: 3. Madison currently has $72,345 in her retirement account, and her goal is to have at $120,000 in…

A: Given that: Money present, P=$72345Money required in future, F=$120000Rate of interest = 3.5%

Q: new brand of cell phone is for sale in SM at ₱ 13,499.00 in cash or in instalment terms, ₱ 2,500.00…

A: Cash price of the cell phone= ₱13,499.0 In installments, Payment will be = ₱15,687.78 ∵…

Q: 2. The Smiths took out a $130,000, 30-year mortgage at an APR of 3.4%. The monthly payment was…

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Q: In order to buy a new car, you finance $28,000 with no down payment for a term of five years at an…

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Q: If you buy a computer directly from the manufacturer for $3,324 and agree to repay it in 60 equal…

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Q: If you plan to buy a car in 2 years and expect to need $2000 for a down-payment, how much should you…

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A: Given Tax amount =$30 billion MPS=0.2

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Q: 2. When a department store held a sell, the price of every item was reduced by 60%. If, in addition,…

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Q: 4. The buyer of a certain machine may pay either Php 20,000 cash down payment and Php 20,00o…

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Q: Your 18-year old, senior high school best friend, is asking for your advice as to which between the…

A: Solution is here

Q: A woman earned wages of $50,500, received $1400 in interest from a savings account, and contributed…

A: Given that, A woman earned wages of $50,500, received $1400 in interest from a savings account, and…

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Q: Larry purchased a new combine that cost $260,500, minus a rebate of $3,500, a trade-in of $7,500,…

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Q: 3. I owe P10,000 due at the end of 3 years without interest. What should my creditor be willing to…

A: The borrower owes P10,000 due at the end of 3 years without interest. At 7% simple interest the…

Q: if we take out $230,000, 15 year mortgage with a rate of 6.6% what are the monrhly payments?

A: Given that, P=$230,0000, t=15 ,r=6.6% and n=12. Use the formula for the monthly payment, Monthly…

Q: 1. If you want to have $60,000 in 8 years, how much do you need to deposit in the bank today if the…

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Q: If John wants to start a new bank account with only $3,000, what type of bank account should he get…

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Q: 16. Melissa Silva borrowed $4,200 from the bank. If she has already repaid of the loan, what is the…

A: As per the company guidelines we can solve first question. I hope that the given solution will help…

Q: If a car loan of P790,000 requires a 20% down payment. How much is the mortgage?

A: "Since you have posted multiple questions, we will answer the first question. If you want the…

Q: 3.4.1 If you buy a computer directly from the manufacturer for $2500 and agree to repay it in 48…

A: Please see the attachment

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A: Given that Mr.Ablan borrows P25,000 at 14%S.I. and pays back P10,000 after every six months. (a)…