A debt of 15,000 with interest at the rate of 15% compounded semiannually is to be amortized by 3 equal payments at the end of each 6 months, the first payment is to be made after 1 year. Find the semiannual payment and construct an amortization schedule tabulation. Find the semiannual payment. Total amount of interest from 1st to 4th period.

Q: Find the semi-annual payment of a P15,000 debt to be amortized by 5 equal payments at the end of…

A: Debt Amortization refers to the process in which liability is reduced by making payments having some…

Q: a. The OP at the end of 3 years. b. OP after the 45th payment. c. Estimate how many payments…

A: Outstanding payment is the balance amount of debt, left after a certain period. The outstanding…

Q: A debt of P 30,000 was paid for as follows: P 4,000 at the end of 3 months, P 5,000 at the end of 12…

A: Present Value refers to the value of cash flows today which is to be received at some future time…

Q: An obligation will be amortized by quarterly payments of P5,000 for 10 years. If interest is 6%…

A: The remaining liability can be computed as the present value of the remaining payments that are due…

Q: A debt of 8,800 with interest at 5% payable semi annually will be discharged by payment of 1,200 at…

A: Here, Debt Amount is 8,800 Interest Rate is 5% Compounding period is Semi-Annual Payment Duration is…

Q: A debt of $17520 with internet at 6 % compounded quarterly is to be repaid by equal payments at the…

A: The question is based on the concept of Financial Management. Annuity refers to the series of equal…

Q: A debt of 15,000 with interest at the rate of 15% compounded semiannually is to be amortized by 3…

A: Debt amount now (PV)=15000Interest rate 15%compoundinf semi annuallySo semi annually…

Q: a. Complete an amortization schedule for a $44,000 loan to be repald in equal installments at the…

A: Loan Amount $44,000 Interest rate is 10% Time period is 3 years.   To Prepare: Amortization…

Q: A debt of $13,800 with interest at 4% compounded semi-annually is repaid by payments of $1,950 made…

A: An amortisation plan is a full table of annual loan payments that shows the amount of principal and…

Q: A debt of  5,000 dollars with interest at 12% compounded semi-annually is to be amortized by equal…

A: Semi annual payment can be calculated using the formula of present value of annuity.

Q: A debt will be repaid with payments of 300 TL for 25 years. However, after making an extra payment…

A: The present value function or concept can be used to determine the present value of a future sum or…

Q: A debt of $5000 with interest 5% compounded 6-monthly is amortized by equal annual semi payments…

A: Present value annuity @ 2.5% for 6 periods = 5.50813

Q: A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the first…

A: Answer: Year payment {(1+i)^n-1/i} Uniform payment 1 5000 1.00 5000.00 2 4500 2.05 9225.00…

Q: A debt of P5,000 with interest at 6% payable quarterly will be discharged, interest included, by…

A: An amortization schedule is a complete table of periodic loan payments, showing the amount of…

Q: A loan is being repaid with 20 payments of 1500 at the end of each year. Interest is calculated at…

A: In the question above. With prospective method we will discount all the outstanding payments due on…

Q: A fully amortizing mortgage loan is made for $60,000 at 6 percent interest for 20 years. Payments…

A: we will only answer the first three subparts , for the remining subparts kindly resubmit the…

Q: A debt of Php 10,000.00 with interest at the rate of 20% compounded semi-annually is to be amortized…

A: Debt = 10,000 Interest Rate = 20% Compounded Semi Annually i.e. 10% per semi annual period Number of…

Q: A debt of P10,000 with 10% interest compounded semi-annually is to be amortized by semi-annual…

A: The amount can be calculated with the help of present value of annuity function.

Q: A debt of P 15,000 was paid for as follows: P 4,000 at the end of 3 months, P 5,000 at the end of 12…

A: Quaterly Interest rate is 18%4=4.5% To Find:- 'F'

Q: A debt of P10,000 with yearly interest of 24% is to be amortized over the next 6 years with the…

A: Debt paid in equal annual payment from year 1 to year 6. Amortization table used to display the…

Q: A debt of P10,000 with 10 % interest compounded semi-annually is to be amortized by semi-annual…

A: Debt amount (PV) = P 10,000 Interest rate = 10% Semi annual interest rate (r) = 10%/2 = 5% Period =…

Q: A debt of P10,000 with interest at the rate of 20% compounded semi-annually is to be amortized by 5…

A: Amortization schedule can be defined as the schedule which shows the accumulated interest, remaining…

Q: A loan of P 58,000 with interest at 20% compounded quarterly, will be paid by equal periodic…

A: Quarterly Compounding: It is  interest amount that  is earned quarterly on an account. It mean…

Q: A debt of $6,000 is to be repaid by payments of $2,000 in two years, and two equal payments in three…

A: Discounting is a technique which is used to compute the PV of amount received in future by using…

Q: Construct the amortization schedule for a $15,000.00 debt that is to be amortized in 10 equal…

A: The computation of semiannual payment is as follows:Hence, the semiannual payment is 1758.46.

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A: Quarterly Interest rate = Annual Interest rate / 4 quarters = 18% / 4 = 4.5% per quarter

Q: 0 is to be amortized by equal payments at the end of every quarter for 2 years. If the interest…

A: Debt refers to the desired sum of money borrowed by an individual or an entity through any financial…

Q: The following information is given for a 60-month loan from a bank: Debt repayments are made at the…

A: Given information: Term of loan : 60 months First installment : 300 TL Interest rate : 12.682503%…

Q: Two debt payments, the first in the amount of $1600.00 due today, and the second in the amount of…

A: Payment today = $ 1600 Present value of payment due in 15 months (5 Quarters)= $ 7200 Annual…

Q: A loan of $10,000 is repaid by 20 level installments at the end of every 6 months. The nominal rate…

A: Loan refers to the amount borrowed which creates liability for fund receiver and level installments…

Q: Make an amortization schedule (which includes payments made, interest paid, principal repaid, and…

A: The question is based on the concept of Financial Accounting.

Q: For 20-year, $100,000 loan at 4.5% APR what portion of the monthly payment in Month 3 of the…

A: Loan $100000 Interest 4.5% APR Interest annual=100000*4.5%=$4500 Monthly=4500/12=$375

Q: Construct the amortization schedule for a $7000 debt that is to be amortized in 5 equal quarterly…

A: First we nee to calculate equal installment amount by using this equation PMT =PV*i1-1(1+i)n Where…

Q: A debt of P17,800 is amortized by making equal payments at the end of every six months for three…

A: An amortization schedule of the loan consists of the beginning balance, interest , semi annual…

Q: A debt of P100,000 with interest at the rate of 18% compounded semi-annually is to be amortized by 5…

A: Given: Loan amount = P100,000 Interest rate = 18% compounded semi-annually Number of payments in…

Q: A debt of $13,000 with interest at 5% compounded semi-annually is repaid by payments of $1,850 made…

A: Interest rate is given as 5% compounded semi annually Converting it to compounded quarterly…

Q: A debt of  ₱50,000pesos is to be amortized by means of march, april, may, june in quarterly…

A: Debt is defined as an obligation, which usually requires one party, debtor, and fund payment or…

Q: A LOAN OF P100,000 MUST BE REPAID BY A UNIFORM AMOUNT EVERY YEAR FOR 10 YEARS AT 10% INTEREST PER…

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Q: A debt of $22,000 with interest of 10% compounded quarterly is to be amortized by  payments of…

A: Total installment amount includes the interest expense as well as a portion of the principal amount.…

Q: Find the semi-annual payment of a P15,000 debt to be amorlized by 5 equal payments at the end of…

A: Solution:- Given, Loan amount = PV = P15,000 Number of payments = n = 5  Interest rate = i = 15%/2…

Q: A debt of Php 10,000.00 with interest at the rate of 20% compounded semi-annually is to be amortized…

A: Accrued Interest-  Accrued interest refers to the interest which has not been paid but has already…

Q: A debt of P15,000.00 with an interest at the rate of 16% compounded semi-annually is to be amortized…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: A $44,000 mortgage taken out on June 1 is to be repaid by monthly payments rounded up to the nearest…

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Q: Messi borrowed GH¢ 150,000 from SOS Bank at 14% annual interest rate to be paid over three years.…

A: given, principal (P)=GH¢ 150,000  r=14% n=3

Q: A debt of 8,800 with interest at 5% payable semi annually will be discharged by payment of 1,200 at…

A: The amortization schedule can be prepared as follows : Periods Beginning amount Payment  Interest…

Q: A debt of $52000 with interest at 9 6% compounded quarterly is to be repaid by equal payments at the…

A: The present value of debt is equal to the sum of the present value of all future monthly…

Mortgages

A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.

Mortgage

The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.