5. The present value of a perpetuity that will pay out $10 K per year forever is $250 K. Assuming that the interest rate is constant, find the rate.

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

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Q: 2. If you borrow $5000 and, after 9 months, pay off the loan in the amount of $5500, what per annum…

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Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1000 if it…

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Q: Find the present value (in dollars) of an annuity that pays $5,000 at the end of each 6- month…

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Q: 1. Suppose that you borrow $10,000 for four years at 8% toward the purchase of a car. Find the…

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Q: Find the present value P and amount F of the ordinary annuity  1. Quarterly payments of 2000 pesos…

A: Quarterly payments of 2000 pesos for 5 years with an interest rate of 8% compounded quarterly. We…

Q: ) What simple interest rate will convert a $200 investment into $250 in one year ? a)O 6% b) O 10% O…

A:

Q: 28. An investment offers an annuity that pays 5.5% compounded monthly. What equal monthly deposit…

A: From given A = 50,000, r = 5.5% and n = 5(12) = 60.

Q: Suppose you see a car with a price of $12,000 that is advertised at $300 per month for 5 years. What…

A: Given: Price of the car=$12000, Payment=$300 per month, time=5 years.

Q: Carl is the beneficiary of a $25,000 trust fund set up for him by his grandparents. Under the terms…

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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: An investment will pay 5000 dollars at the beginning of 2001, and 3800 dollars at the beginning of…

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Q: Your client believes that they will have $2,400,000.00 in a retirement account in 26 years. If the…

A: Given data is: Retirement amount is A=$2,400,000.00 Time (t)=26 years The inflation rate is  r=1.5%…

Q: Find the effective rate of Interest that is equivalent to an 7% rate compounded monthly. O 7.20 % O…

A: Given: i=7%=0.07 which is compounded monthly so n=12

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: If your credit card calculates interest based on 17.45% APR, compounded monthly: (a) What are your…

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Q: 15. How long will it take an initial deposit of $1500.00 to increase in value to $2500.00 in a…

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Q: If an amount of $1735 is borrowed at a simple-interest rate of 4% for 6 years. Then the…

A: As we know that the expression for the simple interest is:   Simple Interest=PRT   Where,…

Q: What amount will be paid at the beginning of every month for 10 years if the present value is 200,…

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Q: A loan of $10,000 is to be amortized with 10 equal quarterly payments. The interest rate is 6%…

A: Solution

Q: 2. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P 18o,…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: A furniture set is purchased with a downpayment of 75,000 php, and the balance at 10,000 php a month…

A: Let's find.

Q: Find the effective rate of Interest that is equivalent to an 6% rate compounded monthly. 6.09 % O…

A: Answer is mentioned below

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: 1) At what simple interest rate per annum will P35,500 accumulate to P61,000.00 in 6 years and 9…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: At what simple interest rate per annum will ₱20,000 accumulate to ₱25,000 in 3 years?

A: Solution:-

Q: Find the present value (in dollars) of an annuity that pays $7,000 at the end of each 6-month period…

A: The present value of the annuity is given by PV=P1-1+r-nr where P is the periodic payment, r is the…

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: If the principal amount borrowed is $100 and the interest for 10 years is $80, the total amount owed…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: 7. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Note: We will answer the first question only as the exact one is not specified. Please resubmit the…

Q: Suppose that an annuity has a present value of P = 1 million dollars. What interest rate r would…

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Q: Find the effective rate of Interest that is equivalent to an 7% rate compounded monthly. O 7.20 % O…

A:

Q: If an amount of $1650 is borrowed at a simple-interest rate of 4% for 5 years. Then the…

A: Given Principal=P=$1650  Rate=R=4% Time=T=5years

Q: If you owe $2000 on a credit card with 18% annual interest compounded monthly, how i) much money…

A:

Q: If you have R.O. 9275 and you want to make a small business that will provide you a steady income…

A: Compound interest =p1+R100t p=9275 t=1,2,3,....19 ,R=19  =92751+19100t

Q: 2. How much must you deposit today into an account with quarterly compounding interest and an APR of…

A: 2 Given information A=$30,000 APR=6% ⇒r=6100=0.06 Time t=10 years Since, rate of interest compounded…

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

Q: Suppose Billy is carrying forward a $1900 tuition balance from the previous month. His annual…

A: Billy is carrying forward a$1900 tution balance from the previous month. Annual interest rate of…

Q: 1. How much do you need to deposit into an account with 5.4% interest compounded monthly if you want…

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Q: 3. If you start a bank account with $33,000 and your bank compounds the interest quarterly at an…

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Q: 16. How long will an amount of money triple at a simple interest rate of 5% per annum?

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Q: 1. A business loan of 1,200,000 pesos is to be paid in full after 5 years. If the interest rate is…

A: Multiple questions-"As per our guidelines we are suppose to answer only one question.Kindly re-post…

Q: Compute for the Effective Interest Rate Payment Period = Semi-annual 1. 10% Compounded Yearly =…

A: Note: We will only answer up to three sub-parts as the exact one is not specified. Please resubmit…

Q: In a certain account providing an interest rate of r compounded quarterly, P2,500 is deposited every…

A: P= 2500 Amount after interest =5200 interest rate of r compounded quarterly n=4/yr

Q: At what interest rate must $112,000 be invested so that it'll be worth $392,000 in 14 years?

A:

Q: You are considering taking out a loan of $10,000.00 that will be paid back over 8 years with monthly…

A: L=PMT1-1+rn-trn PMT=135.84 n=12 for monthly payment r=6.9%=0.069 here we need to find the unpaid…

Q: Assuming that no payments are made during the time period, how much money would you owe back after 5…

A: Note: As per company guidelines we are supposed to solve only 1 question. So, kindly repost other…

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

A: