A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the first payment being ₱ 5,000. What is the equivalent future worth of the debt @ 5 % compounded annually?
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Q: A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the first…
A: First payment = P 5000 Annual decrease = P 500 Annual interest rate = 5%
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Q: A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…
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Q: A man owes Php 10,000 with interest at 8% payable semi-annually. Payments are at the beginning of…
A: Loan amount (P) = Php. 10,000 Annual interest rate = 8% Semi annual interest rate (R) = 8%/2 = 4%…
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A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the first
payment being ₱ 5,000. What is the equivalent future worth of the debt @ 5 % compounded
annually?
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- If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the next eight years, how much will be accounted for as a current portion of a noncurrent note payable each year?A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the firstpayment being ₱ 5,000. What is the equivalent present worth of the debt @ 5 % compoundedannually?A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the firstpayment being ₱ 5,000. What is the equivalent uniform payment of the amortization @ 5 %compounded annually?
- . A debt of P100,000 is to be discharged by ten semi-annual payments, the first to be made 6 months after the loan is given. The debt will be discharged by 5 equal payments each P10,000 and by 5 other equal payments of such amount that the final payment will liquidate the debt. If interest is 12% compounded semi-annually, what is the amount of the last 5 payments? Construct an amortization schedule.A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded semi-annually, calculate the followings: a)The present value of this debt. b)The value of this debt at the end of first year and The value of this debt at the end of four years.. A debt of P56,000, with interest at 5% compounded monthly, will be discharged, interest included, by monthly payments of P500 for as long as necessary, Find: a. the number of regular payments; b. the outstanding principal after 4 years; c. the final or concluding payment.
- As debt payment, P315,000 is due in 4 years and 7 months. If the debtor wishes to repay the debt now, and the lender applies 9% interest compounded semi-annually, how much does he have to pay?A debt of RM600 due in three years and RM800 due in four years is to be repaidby a single payment two years from now. If the interest rate is 8% compoundedsemiannually, how much is the payment?A debt of P10,000 with 10% interest compounded semi-annually is to be amortized by semi-annual payment over the next 5 years. The first due in 6 months. Determine the semi-annual payment.
- A debt can be repaid with payments of $7186 today, $15143 in 2 years and $17812 in 5 years. What single payment will settle the debt 3 years from now if interest is 14.6% compounded quarterly?A debt of P40,000, whose interest rate is 15% compounded semiannually, is to be discharged by a series of 10 semiannual payments, the first payment to be made 6 months after consummation of the loan. The first 6 payments will be P5,000 each, while the remaining 4 payments will be equal and of such amount that the final payment will liquidate the debt. What is the amount of the last 4 payments?An obligation will be amortized by quarterly payments of P5,000 for 10 years. If interest is 6% compounded quarterly, find: a. the present value of the loan b. the outstanding principal after 7 years
