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8.
- What is the
future value of a 7%, 5-year ordinary annuity that pays $300 each year?
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- Example 2: EOY NCF ($) 1 100 2 90 3 80 4 70 find the present value at 10% interest of the series of payments given in Example 2.what is the present value of a loan when a monthly payment of ₱3,250 is needed to extinguish for 3.5 years at 17.5% interest?15. Justine buys a television set from a merchant who asks P 1,250.00 at the end of 60 days (cash in 60 days). Justine wishes to pay immediately and the merchant offers to compute the cash price on the assumption that the money is worth 8% simple interest. What is the cash price today?
- 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?2 SOLVE AND GRAPH THE PROBLEM. What is the present worth of two P100 payments at the end of the third year and fourth year? The annual interest rate is 8%.17. What is the effective annual interest rate if the nominal interest rate is 6%, compounded monthly?
- Determine the present value of an increasing perpetuity-due with annual payments starting at 100 and increasing by 50 each year until the payment reaches 500 and remain at 500 thereafter. The annual effective interest rate in 5%. Please use annuity formulas! Only typed answer give fast and don't use chat gpt28. What is the accumulated amount of a 7-year annuity paying ₱ 1,520 at the end of each year, with interest at 2% compounded annually?6. Alex invested a certain amount to a business and promised to pay him back with 1.8 times his original investment. They agreed to have it compounded monthly within 9 years. What is the nominal rate of interest r in percent?
- 9. In how many years will $1,500 yield an interest of 5200 at 2% simple interest?The present value of a series of $5 at the end of every 5 years, forever, is equal to $20. i. Calculate the effective rate of interest. ii. What is the accumulated value of $9400 invested for 10 years after a 6% discount is paid at the beginning of the investment period? Please i need answer for only subpart iiYou borrow $10,000 agreeing to pay the balance in 10 equal annual installments at an interest rate of 8%, what should the payments be?