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.
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: 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 can be repaid by payments of $3125.00 today, $2770.00 in two and half years and $4600.00 in…
A: To Find: Single Payment to settle debt four years from now
Q: At what nominal rate compounded quarterly will payments of P 800 at the beginning of each 3 months…
A: Here, Quarterly Payment is P800 Time Period is 5 years Annuity Type is Annuity Due Borrowed Amount…
Q: A debt of $5600 is repaid in equal monthly instalments over three years. Interest is 7.3% compounded…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
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 debt of $28,400 is repaid by payments of $2,980 made at the end of every six months. Interest is…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: A debt of 280,000 is amoertized with 40 equal, semi-annual payments of $14,358, with an interest…
A: Amortized loan: The type of loan where the borrower would make periodic payments that would apply to…
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: 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: An obligation will be amortized by quarterly payments of P670 for 10 years. If interest is at 6%…
A: Quarterly payment (Q) = P 670 Duration (n) = 10 years = 40 payments r = 6% per annum = 1.5% per…
Q: P12,000 is borrowed now at 12% interest. The first payment is P4000 and is made 3 years from now.…
A: The interest is the cost of debt levied in order to hold the time value of money and inflation…
Q: A loan of 40,000 Php is to be paid by equal payment at the end of each quarter for 1 year and a…
A: Loan is an amount of money borrowed from a lender. It is expected that the loan will be repaid at…
Q: at what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years compounded…
A: Future value = Present value*(1+interest rate/k)^(n*k) where n = number of years = 2 k = compounding…
Q: A debt is amortized for 4 years by a series of payments that decreases annually by P 500, the first…
A: Time period = 4 years First payment of lease = P 5,000 Annual decrease = P500 Interest rate = 5%
Q: On 1/1/2017, a loan of RM80,000 was taken and has to be repaid in level payment at the end of each…
A: Given:
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: Find the nominal rate which when compounded semiannually and applied to a P50,000 principal will…
A: Let us note the given.Principal P = 50,000Interest I = 5000Amount A = P+I = 50,000 + 5000 =…
Q: Engr Dalay is required to pay 66500 pesos at the end of 30 days of 68000 pesos at the end of 80…
A: The initial amount of payment which will take place after 30 days is 66,500 pesos but after another…
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: 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 20,000 with 12% interest compounded semi-annually is to be amortized by semi-annual…
A: Semi-annual payment is the amount of money that is to be received or deposited every six months.
Q: A company expects a series of 24 monthly receipts of PHP3,600 each. The first payment will be…
A: Present value of annuity is determined on the basis of present annuity factor that takes in account…
Q: What is the term if the final amount is P7,321 and the principal is P2,500 at 15% compound interest…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: Assume the following annual payments of notes payable of Demi Company with 10% discount rate. 1st…
A: Time value of money concept says that a sum of money invested today will have more value in future…
Q: A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…
A: Given Rate = 14%
Q: A man owes Php 12,000 today and agrees to discharge the debt by equal payments at the beginning of…
A: The amount which is deposited or paid at the beginning of each period is called as annuity due. 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: An obligation will be amortized by quarterly payments of P670 for 10 years, If interest is at 6%…
A: Quarterly payment (P) = P 670 Period = 10 Years Number of monthly payments (n) = 10*12 = 120…
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: 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: An obligation will be amortized by quarterly payments of P670 for 10 years. If interest is at 6%…
A: Let the obligation = L Quarterly payment = Q = P 670 n = 10 years = 40 quarters r = 6% per annum =…
Q: A man owes Php 15,000 with interest at 8% payable semi-annually. Equal payments at the beginning of…
A: Firstly we shall calculate the Semiannual payment using Excel's =PMT formula Then we shall prepare…
Q: A debt of P3,500 is to be amortized by 6 equal semiannual payments with interest at 6%compounded…
A: Debt amount (PV)= P 3,500 Number of payments (n) = 6 Interest rate = 6% Semi annual interest (r) =…
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: 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: An obligation will be amortized by quarterly payments of P5,000 for 10 years. If interest is 6%…
A: Given a certain rate of return, present value (PV) is the current value of a future sum of money or…
Q: A fully secured loan of P30,000 was to be amortized by 10 equal semi-annual payments, the first…
A: The time value of money becomes an important factor for capital budgeting decisions. It is an idea…
Q: Prepare an amortization table for a debt of $46,000,000 contracted for a 9-month term at a nominal…
A: The amortization table provides information to the borrower and the lender about the amount due to…
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: 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 debt of $10,000 is to be repaid by equal Monthly payments at the end of every month for 1 year.…
A: Debt amount = $10,000 interest rate = 6% compounded semi-annually number of payments = 12 ( monthly)
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 RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…
A: Present value used to state that the current value is worth more as compared to the same amount in…
Q: 2 A debt of P75,000 is to be amortized by giving payment of r15,000 at the end of each quarter at 3%…
A: Disclaimer:- “Since you have posted a question with multiple sub-parts, we will solve first three…
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.
Step by step
Solved in 2 steps
- A P35,000 debt is to be paid off in eight equal yearly payments, each combining an amortization installment and interest at 10% compounded quarterly. What should be the amount of each 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 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 5,746.814
- A debt of P20,000 with interest at the rate of 15% compounded semi-annually is to be amortized by 3 equal payments at the end of each 18 months. How much would the equal payments be? Construct an amortization schedule please draw the cashflow diagramA debt of P10,000 with interest at the rate of 20% compounded semiannually is to be amortized by 10 equal payments at the end of each month, the first payment is to be made after 1 years. Find the monthly payment and construct an amortization schedule.A debt of Php 10,000.00 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, first the payment is to be made after 3 years. Find the semiannual payment and construct an amortization schedule.
- A debt of P120,000 is to be amortized by equal payments at the end of every quarter for 2 years. If the interest charged is 12% compounded semi-annually, find the outstanding principal after each payment is made. Construct an amortization schedule.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.A debt of P15,000.00 with an interest at the rate of 16% compounded semi-annually is to be amortized by 5 equal payments at the end of 6 months, the first payment is to be made after 3 years. Find the semi-annual payment and construct the amortization table.
- A debt of Php 10,000.00 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, first the payment is to be made after 3 years. Find the semiannual payment and construct an amortization schedule. Include cashflow diagram.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 loan of php 2500 is made for a period of 13 months, from january 1 to january 31 the following year at an interest rate of 5%, compounded quarterly. What future amounts is due at the end of the loan period?