6. A loan of 50,000 is to be paid in 3 years at the amount of 65,000. What is the effective rate of money? A. 9.14% B. 9.24% C. 9.34% D. 9.44%
Q: A deposit of $1500 is made into a fund on March 28. The fund earns simple interest at 5%. On July…
A: Calculate the days difference between the dates
Q: 2. A 21-year old inherits BD100,000 from a distant relative who has deceased. She decides to spend…
A: Given information, Future amount from investment (F): BD1,000,000 Interest rate (r): 8%…
Q: 5-If you invest $1,000 at the beginning of each of the next 3 years at 8%, how much would you have…
A: Answer; Amount at the end of 3rd year =$3506.112.
Q: tudent invested 100000 now and another 100000 at the end of 1 year, revenues of 150000 will be…
A: Given, Investment- 100000 Rate of interest- 10%
Q: A 5-year bond with a yield of 6% (continuously compounded), with a face value of $100, pays an 3%…
A: Bond Price = C(1-(1+r)-n/r ) + F/(1+r)n Here, C = Coupon payment = 3 F = Face value = 100 r = 6% =…
Q: Find G? c. 4 2G $10,00 Find G?
A: here we have 2 cashflow by using the information we will calculate the value of G , so the…
Q: 3. A $800,000 face-value bond matures in four years and pays 6% per year payable quarterly An…
A: Given bond face value = 800000 $ Time = 4 years Interest rate = 6 % payable quarterly Quarterly rate…
Q: At 2% interest rate, how much should you invest today to be able to withdraw 2,958 annually for 5…
A: Given that, Future value ( Fv)= 2958 Interest rate (r)= 2% or 0.02 The total number of years (n) =…
Q: Which of the following 1-year investments has the highest rate of return: $12,500 that yields $1125…
A:
Q: .d What is the annual interest rate on a $1,000
A: The future value (FV) provides the value of an asset at a later date assuming some rate of growth…
Q: Law borrowed $2000 from Bence at 8% per annum. After 6 year he cleared the amount by giving $2600…
A: Following is the given information: Borrowed amount = $2000 Interest rate = 8% Time = 6 years
Q: 1) A corporate bond has a face value of $1000 with maturity date 10 years from today. The bond pays…
A: Willing to pay price (PV) can be calculated by using the following formula.
Q: 2. What is the monthly payment for a loan of 100,000 over 5 years nominal interest rate is 12%…
A: Loan amount = $ 100,000 Tenure = 5 years = 5 × 12 months = 60 months Interest rate = 12% (compounded…
Q: 2.c How much Interest would be due at the end of one year on a loan of $10,000 if the interest is…
A: * SOLUTION :- Given that, Principal ammount (p) = 10000 Rate (R) = 12% Time (t)= 1year
Q: -An individual deposits $1,500 in a savings account that pays 3% interest annually. How much will…
A: Given information, Principal amount (P): $1,500 Interest rate (r): 3% annually Time period (t): 5…
Q: 7. Lawrence takes out a loan for $8000 to start a business after high school. The bank charges him…
A: Here, given information is, Lawrence loan amount (P): $8000 Interest rate (r): 8% per year Time…
Q: 1.3) You agree to lend interest rate of 10%. At the end of the year your friend pays you RM600 in…
A: The interest rate is the discount rate which increase the future value.
Q: 5. If a credit union pays 4.125% interest compounded quarterly, what is the effective rate of…
A: Given: i (nominal annual rate)= 4.125% m= 4 Unknown: ie
Q: Questions of the day: economics A man decides to deposit Dollar 2730 at the end of each year in a…
A:
Q: 7. A person is planning for his retired life. He has 10 more years of service. He would like to…
A: * SOLUTION :- *(7)
Q: a. You plan to take a credit with $1500 installment size per year with an annual interest rate of 8%…
A:
Q: 6. If the ncminal interest rate is 3%, how much is $5000 worth in 10 years in a continuously…
A: Future value = present value *e(i*t) =5000*2.7183(0.03*10) =5000*2.7183(0.3) =5000*1.3499 =6749.5
Q: A new oven will save $130 per year in electricity expense. How much can we afford to pay for this…
A: * SOLUTION :-
Q: Sam borrowed money from his friend in the amount of 5,000 birr on January 15, 2018. He is obliged to…
A: here we calculate the simple interest of Sam debts which are as follow-
Q: If you invest $ 500 on Lending Circle at a rate of 5% for 1.5 years, how much will you have earned?
A: FV = PV (1 + r / 100)^n FV = Future Value PV = Present Value = $500 r = Interest Rate = 5% n = Time…
Q: 1. Josh is receiving. pesos from his grandfather yearly and has decided to invest it next year to a…
A: Answer : a Year Investment interest Total 1. 25000 3000 28000 2.…
Q: (1) What sum must be loaned at 8 percent simple interest to earn $350 in 4 years? Ans. $1093.75
A: We have to calculate the loaned amount which can earn $350 in 4 years at an interest rate 8%. Since…
Q: 7. Morocco University has just finished a new agriculture complex worth $50 million. Future…
A: A capitalized price is Associate in Nursing expense supplementary to the price basis of a set…
Q: 49. The annual rate of interest on a 3-month Rs. 10,000 bond that sells for Rs. 9,6 A. 12% B. 10% KE…
A: An effective annual rate is the genuine profit from a bank account or any premium paying…
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: 5. Sam borrowed P4,500 for 2 years and had to pay P630 simple interest at the end of that time. What…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 2) An annuity has an effective interest rate of j = 2% per period for the first 30 periods, then has…
A: Given Effective interest rate (i) from the first period to the 30th period = 2% Effective interest…
Q: If you deposited 6,000 SR before 3 years and now the bank gives you 7,500 SR, what is the interest…
A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…
Q: ,000 achine's accounting rate of return.
A: Accounting rate of return is equal to Annual net income divided by Average Investment ARR= Annual…
Q: hat is the present worth of two $ 100 payments at the end of third year and fourth year assuming 8%…
A: Payment of 100 at end of 3rd and 4th years Interest rate = 8%
Q: Culminating Day 1 2. Now that the campfire area has been created, Student Council wants to furnish…
A: Disclaimer :- since u asked multipart questions we are supposed to solve the first 3 parts as per…
Q: A $1000 face-value coupon bond has a current yield of 5.75% and a market price of $1060. What is the…
A: Coupon rate is the rate of interest paid by bond issuers on the bond's face value here we calculate…
Q: the nominal interest rate of is 2% per quarter, what is the nominal rate per year ? 100 of interest…
A: Nominal rate is a rate of interest used in adding compound interest to a principal sum when interest…
Q: Question 3 Edward takes out today a loan of $150,000.00 from a local Bank at 8% Simple Interest for…
A: Simple interest is a method of calculating the interest that is charged on a given amount of loan…
Q: rate of return of my investment?
A:
Q: B// Which of the following 1-year investments has the highest rate of return? (a) $12,500 that…
A: Interest: It means the monetary charge for borrowing the money.
Q: The-Public Works Department of a city plans to repave some of the city streets in its 6-year budget.…
A: Here we calculate the present value of the expenditure and choose the correct option , so the…
Q: For what value of P in the cash flow diagram does the present value equal 0? Please show all work.…
A: Present value (PV) measures the current worth of a measure of cash – or a surge of incomes – that is…
Q: (2) How long will it take $800 to yield $72 in simple interest at 4%? Ans. 2.25 yrs.
A: SI(simple interest) can be calculated as: SI=P×r×t100where P is the Principalr is the rate of…
Q: ara borrowed $3, rom All ana promised to pay him $3,405 after 1.5 years. What simple terest rate did…
A: Given Interest = 405 Principal = 3000 Time= 1.5 Interest = 450/ 3000*1.5 = 0.09
Q: A total of $18,000 is invested at a simple interest rate of 5% for 7 years. How much interest is…
A: Given; Investment amount= $18000 Simple Interest rate= 5% Time= 7 years
Q: A student borrows $2,500.00 per year for eight years at 3% interest. How much will she have to repay…
A: Given in question, Annual borrowing (end of every year) (A) = $ 2500 Interest rate…
Q: 2. Bong went to RRJ Store to buy a shirt, the tag price of the shirt says it is payable in 120 days…
A: The shirt price is payable in 120 days but if paid in 15 days there will be a 5% discount. That…
Show your complete
solution.
Step by step
Solved in 3 steps
- 1.Find the present value of $20800 in 4 months at 12% simple interest. a)$200 b)$200,000 c)$2000 d)$20000 2.The simple interest on a $6500 loan at 15% for 9 months is. a)$731.25 b)$7312.50 c)$73.13 d)$2925 3. If we deposit $5000 in an account that pays 9% per year. Find the amount of simple interest earned during 8 months. a)$3000 b)$300 c)$360 d)$3600 4.The simple interest charged on a loan amount of $8500 for 2 years was $1275. What rate of interest was charged a)22.5% b)3.75% c)15% d)7.5% 5.What rate of simple interest will make a principal double itself in 6 years. a)16.67% b)8.33% c)33.33% d)4.16% 6.Find the present value of $20800 in 4 months at 12% simple interest. a)$200 b)$200,000 c)$2000 d)$20000Profit is $132 000, accounts payable increased $10 000 during the year, inventory decreased $6000 during the year, and accounts receivable increased $12 000 during the year. Using the indirect method, what is net cash provided by operations?a. $104 000.b. $116 000.c. $124 000.d. $136 000.Question A Friendly’s Quick Loans, Incorporated, offers you $5.25 today but you must repay $6.55 when you get your paycheck in one week (or else). What is the effective annual return Friendly’s earns on this lending business? Full explainthe this question very fast solution sent me step by step Don't ignore any part all part work u Text typing work only not allow paper work
- A doctor invested his money at 12 % per annum, net of taxes , compounded semi - annually after how many years will his money doubled?Asap The coupon bond pays a coupon of 5% per year, paid semi-annually. It has 3 years to maturity. If the current Yield-to-Maturity is 2.5% semi-annually, what is the price of the bond? Assume Face value of BOND = 100Your quarterly payments on a loan are $500 and the interest that you are paying is 1% per quarter simple interest. The size of the principal that you have borrowed is closest to which value? (a) $5000 (b) $12,500 (c) $20,000 (d) $50,000
- Answer both part 1 &2 i will rate PART A: Ahmed make an annual contribution of $3,000 to his savings account at the end ofeach month for 10 months. If the account earns 7% interest monthly, how much can be atthe end?PART B:Ahmed buy a gold for $2000 and sell it for $2500. it takes 7 years, what would bethe compound annual rate of return on your investment?A zero-coupon bond has a yield to maturity of 5% and a par value of $1,000. If the bond matures in16 years, it should sell for a price of __________ today.At 2% interest rate, how much should you invest today to be able to withdraw 2,958 annually for 5 years it payments are done every beginning of the month?
- 2.d What is the annual interest rate on a $1,000 loan which allinterest is paid at the end of the year, and a total of $1,125 mustbe repaid at the end of the year? include a cash flow31. (Table: Present Value of Projects A, B, C, and D) Examine the table Present Value of Projects A, B, C, and D. Given the information, if the annual interest rate were 10%, which project should be chosen? A) D B) C C) A D) BTwo investments totaling $60,000 produce an annual income of $3410. One investment yields 5% per year, while the other yields 6% per year. How much is invested at each rate?
