A debt of P10,000 with interest at the rate of 20% compounded semi-annually is to be amortized by 5 equal payments at the end of each 6 months, the first payment is to be made after 3 years. Find the semi-annual payment and construct an amortization schedule

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 debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…

A: Present value = Future value / ( 1 + Periodic interest rate )Number of periods

Q: A debt valued of 375,000 pesos will be paid an equal payment at the end of each quarter for 5 years…

A: Time Period 5 years 6 Moths Interest rate compounded semiannual 14.00% Loan Amount…

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: Two debts, the first of $1300 due three months ago and the second of $2000 borrowed two years ago…

A: So you need to repay 2 debts in 1 payment. Let us break this down into 2 calculations. First DebtThe…

Q: Determine the periodic payment. Then construct the amortization schedule.

A: As the loan is paid quarterly, the number of periods in a tensure of 1.5 years or 18 months = 18/3 =…

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: et up an amortization schedule for a P5,000 loan to be repaid in equal installments  at the end of…

A: Laon amortization schedule means where repayment during the life of loan is written with interest.…

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

A: Given:: Debt = Php 10,000 Interest rate = 20% (compounded semi-annually)= 20%/2 = 10% n= 5 periods…

Q: A debt of P40,000, whose interest rate is 15% compounded semiannually, is to be discharged by a…

A: Given,  The debt amount is P40,000 Interest rate 15%

Q: A owes P30,000 in 5 months with interest at 7% and another P14000 is due in 11 months with interest…

A: While determining the value of single payment on the focal date, all payments shall be compounded or…

Q: A loan of P12, 500 is to be repaid with equal quarterly payments for one year with an interest of 6%…

A: Amortization table is a schedule which shows periodic lease or loan payments. The periodic payment…

Q: A loan $30.000 is to be amortized by equal payments at the end of each year for five years. The…

A: Interest payment for the 3rd year = $1080 ($30000-$6000-$6000)*6% = $1080

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 sum of $80,000 is to be repaid over a 10-year period through equal installments made at the end of…

A: Interest, in finance and economics, is payment from a borrower or deposit-taking financial…

Q: Construct the amortization schedule for a $16000 debt that is to be amortized in 12 equal semiannual…

A: Debt  $            16,000.00 Semi annual payment 12 Interest rate semi annual 5.50%…

Q: A debt of ₱10,000 with interest rate of 20% compounded semiannually is to be amortised by 5 equal…

A: Formula for present value :…

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: An obligation of P35, 000 is to be repaid with equal monthly payments for 6 months  with an interest…

A: As per time value of money concept, a sum of amount invested today will have more value in future…

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 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 P40,000, whose interest rate is 15% compounded semiannually, is to be discharged by a…

A: Equally installments means an equal amount is repaid. Equally installment includes the interest…

Q: An amortization of a debt is in the form of a gradient series of $6,000 in the first year, $5,000 in…

A: When a debt is paid in series of instalments involving principal and interest is called…

Q: A debt of P56,000, with interest at 5% compounded monthly, will be discharged, interest included, by…

A: Debt amount (D) = P 56000 r = 5% per annum = 0.41667% per month Monthly payments (M) = P 500 Let the…

Q: A debt of P15,000 was paid for as follows: P4,000 at the end of 3 months, P5,000 at the end of 12…

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

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

A: Loan is a value which is borrowed from external sources like a bank and this amount is repaid later…

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: A P28,000 debt at 15% interest compounded semi-annually is to be amortized at P2,250 every 6 months.…

A: The following is the amortization table. From this we can answer the 3 questions. Please note the…

Q: A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…

A: Total debt = RM 3,000 Time period = 3 years  Interest rate = 14%

Q: A loan of R250 000 is secured at an interest rate of 14% p.a. (cm) and will be amortized by equal…

A: Here, Loan amount = R250,000 Interest rate = 14% compounded monthly  Term of loan = 20 years No. of…

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 Php 150,000 is to be amortized by ten semi-annual payments, the first to be made 6 months…

A: Loan Amortization: A simple definition of amortization is the amount of principal and interest that…

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  ₱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 debt of P150,000 is amortized by making equal payments at the end of every six months for ten…

A:

Q: A DEBT OF P10,000.00 WITH 10% INTEREST COMPOUNDED SEMI-ANNUALLY IS TO BE AMORTIZED BY SEMI-ANNUAL…

A: Debt amount (P) = P 10,000 Annual interest rate = 10% Semi annual interest rate (R) = 10%/2 = 5%…

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

A: Solution: Amount of periodic payment = P100,000 / Cumulative PV factor at 10% for 10 periods…

Q: 1. A debt of Php 150,000 is to be amortized by ten semi-annual payments, the first to be made 6…

A: Loan is an amount which is borrowed from external sources like banks and this amount is repaid in…

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 P35,000 debt is to be paid off in eight equal yearly payments, each combining an amortization…

A: Effective annual interest rate(EAR) refers to the actual interest rate which is received on deposits…

Q: A P350,000 debt is released at 6% compounded bi-monthly and is to be paid bi-monthly for 5 years.…

A: Debt = 350,000 Interest rate = 6%/6 = 1% per bi monthly period Total Time Period = N = 5 years i.e.…

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…