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 months, P 3,000 at the end of 15 months, and a final payment F at the end of 24 months. If the rate of interest was 15% compounded quarterly, find the final payment F.
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- Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual interest rate of 6%, and payable in four months. How much interest will Marathon Peanuts owe at the end of four months? A. $2,600 B. $7,800 C. $137,800 D. $132,600A debt of P15,000 was paid for as follows: P4,000 at the end of 3 months, P5,000 at the end of 12 months, P3,000 at the end of 15 months, and a final payment F at the end of 21 months. If the rate of interest was 18% compounded quarterly, find the final payment.SHOW THE COMPLETE SOLUTION. 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 months, P 3,000 at the end of 15 months, and a final payment F at theend of 21 months. If the rate of interest was 18% compounded quarterly, find the final payment F.
- Problem: A debt of P15, 000.00 was paid for as follows: P4, 000.00 at the end of 1 month, P5,000.00 at the end of 4 months, P3, 000.00 at the end of 5 months, and a final payment F at the end of 7 months. If the rate of interest was 18% compounded quarterly, find the final payment F?A loan of P20,000 was paid as follows: P2,000 at the end of 2 months, P5,000 at the end of 12 months, P8,000 at the end of 15 months & final payment at the end of 18 months. Find the final payment if rate of interest is 12% compounded monthly.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?
- . 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.A debt of P43,000 whose interest rate is 14% compounded semi-annually, is to be discharged by a series of 1O semi-annual payments, the first payment to be made 6 months after consummation of the loan. The first 6 payments will be P6,300 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. A = Php 7,746.897 A = Php 8,746.789 A = Php 6,746.328 A = Php 5,746.814A debt of $6436.51 is repaid by payments of $1707.02 in 3 months, $1233.91 in 13 months, and a final payment in 23 months. If interest was 8% compounded semi-annually, what was the amount of the final payment?
- . 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.Determine the present value of a debt of $12,000 due in four months if interest at 434% is allowed.A debt of ₱50,000pesos is to be amortized by means of march, april, may, june in quarterly payments, with interest rate at 8% compounded quarterly. Determine the quarterly payments.
