Q: 4. Establish loan amortization schedules for 3-year loan of $20,000 (initial loan) with equal…
A: Installment = Initial amount / PVAF ( rate, years )
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: Amortization table is prepared for 36 months utilizing excel sheet as follows:
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A: In this we have to calculate interest on the loan.
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A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: 5. Under compund interest rate model, suppose effective discount rate is 5% (a) Calculate equivalent…
A: Because you have asked question with multiple parts (MULTI PART) , we will solve the first 3 parts…
Q: Simple interest of P1,235 is owed on a loan of P9,500 after four years and four months. What is the…
A: Simple interest amount (I) = P1,235 Loan amount (P) = P9,500 Period (t) = 4 Years and 4 months =…
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A: As you have asked multiple questions, we will solve the first question as per policy. Request you to…
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A: Computation:
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A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,…
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A: Compound interest also called interest on interest. It is the addition of interest in the principal…
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A: The conceptual formula is: (PV)(CFt) is PV of coupon at time period t
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A: we will only answer the first three subparts . For the remaining subparts, please resubmit the…
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A: Since you have asked multiple questions, we will solve the first question for you. Please ask…
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A: A type of loan in which the borrower has to make a schedule for the periodic payment regarding both…
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A: Outstanding balance is the amount of loan remaining after payment of principal amount.
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A: Lets understand the basics. Present value is a value of any future amount into present. For…
Q: 4. Establish loan amortization schedules for 3-year loan of $20,000 (initial loan) with equal…
A: Amount of Loan = $20000 Interest Rate(r) = 5% Year (n)= 3 Let Annual Installment =P
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A: given future value = 11000 Years = 2 rate = 5%
Q: find the outstanding balance at the end of 2 years.
A: Loan is the amount borrowed bank in exchange for principal and interest to be paid either at the end…
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A: Given, Debt = $410 due 3 months ago Debt = $760 due in 10 months
Q: 4. Establish loan amortization schedules for 3-year loan of $20,000 (initial loan) with equal…
A: Installment = Initial Loan amount / PVAF ( rate, years )
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A: given information total loan = 2000 pmt = 100 interest = 12%
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A: Given, Loan amount is 1,000,000 Number of payments is 60 Interest rate is 10%
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A: Given Information: Par value $100,000 Stated rate - 7% Yield - 9%
Q: Find the present value of $2,500 in 9 months at 9.7% interest
A: Present value = Future Value / (1+rate)^time
Q: Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b.…
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A: Computation: Year 1:
Q: Prepare a duration table under the following assumptions a.$100,000 fully amortizing loan b.…
A: A type of loan in which the borrower has to make a schedule for the periodic payment regarding both…
Q: A loan of £5,000 is to be repaid by level monthly instalments in arrear over a period of five years,…
A: The conceptual formula used:
Q: Find the value of the required components in each item. 1. Find the compound interest and maturity…
A: "Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b.…
A: A type of loan in which the borrower has to make a schedule for the periodic payment regarding both…
8) Face value: $4,000 Interest rate: 12% Term: 6 months Discount period: 3 months find: maturity value:? Proceeds:?
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- A debt of P100,000 with interest at 24% compounded monthly, will be amortized by monthly payments of P 1000 as long as necessary. Compare answers from both methods. a. The OP at the end of 3 years. b. OP after the 45th payment. c. Estimate how many payments needed to settle the loan.Consider a $150,000 loan with an annual interest rate of 6.5 percent and a 30-year term. Discount points are equal to 2 percent. All other up-front financing costs to be paid by the borrower total $3,000. Compute the monthly payment and the loan balance at the end of months 1–6. What is the effective borrowing cost (EBC), assuming that the loan remains outstanding to maturity?Find the present value of $2,500 in 9 months at 9.7% interest
- A 5-year loan is to be repaid by month-end repayments of 7,000 starting in one month at an interest rate of 1.2% p.a. compounded monthly. Or, it can be repaid by year-end repayments of $X staring in one year. Calculate the yearly repayments $X. Correct your answer to the nearest cent without any units. (Do not use "$" or "," in your answer. e.g. 12345.67)Task: A loan of £4,000 is to be repaid over 5 years by a level annuity payable monthly in arrears. The amount of the monthly payment is calculated on the basis of an interest rate of 1% per month effective. Find the monthly repayment. Answer: We use months as unit of time. Then, if x is the monthly repayment, £4000 = (blank) Thus x= (blank) Next part: Find the total capital repaid and interest paid in the first and last month, respectively. Answer: The interest paid in the first month is (blank). The repaid capital is (blank). In the last month the interest paid is (blank) and the capital repaid is (blank). Next part: Find the amount of the loan that has been repaid after 30 months. Answer: The loan outstanding after 30 months is (blank). Hence (blank) has been repaid at that point in time.A debt of P100,000 with interest at 24% compounded monthly, will be amortized by monthly payments of P 1000 as long as necessary. Use both prospective and retrospective methods. a. The OP at the end of 3 years. b. OP after the 45th payment. c. Estimate how many payments needed to settle the loan.
- An individual borrows £15,000 to be repaid in 10 years with monthly payments at the end of each month. The initial interest rate applied to the loan is 3% p.a. effective. a)Find the monthly repayment P1Insert the answer for each of the following: A. P=$4,500, r=.06, t=4 years. Interest ?__________________________. B. p= $ 3,200, r=.023, t= 3months. interest ? ________________________. C. p=$ 1,700, r=.055, t= 90 days. interest ? ____________________________. D. sales $ 3,790, returns $ 390, sales terms 2/10 n 30. discount ________________? and E. remittance ( paid) __________________________? ( assume paid in discount period)Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b. Annual payments c. 10-year amortization d. 7% stated rate e. 9% yield
- Prepare a duration table under the following assumptions a. $100,000 balloon loan b. Annual payments c. 5-year balloon d. 20-year amortization e. 7% stated rate f. 9% yield$12.000 loan is being repaid by installments of $400 at the end of each month for as long as necessary, plus a final smaller payment. If interest is at J12 = 12%, find the outstanding balance at the end of 2 years.Simple interest of P1,235 is owed on a loan of P9,500 after four years and four months. What is the annual interest rate?