A loàn of Php150, 000 with an interest rate of 6% compounded monthly payable for one year.

Q: How much is the amount in the sinking fund after 3rd payment?

A: A sinking fund can be referred to as a type of fund specially created to pay off the debts.…

Q: Determine the present value of an Annuity Php 1,000.00 for 25 quarterly installment that will start…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: Find the present value at 12% interest of Php 1,000 due in 5 months.

A: Present value of an amount of money in future is calculated using following equation Present value =…

Q: A loan of 6 semi-annual payments of 4,500 Php are to be made to pay for a loan at 5 1/2 % compounded…

A: Given That: semi-annual payments=4,500 Php n = 6 semi annual payments r =5.5%/2 = 2.75% semiannual.…

Q: Find the future value of RM1,000 which was invested for: (a) 4 years at 4% compounded annually. (b)…

A: You have posted a question with multiple sub-parts. We will solve only the first three sub-parts for…

Q: A man borrowed Php 120,000 and promised to pay annually for 5 years The payment starts at “X pesos…

A: Borrowed amount (PV) = Php 120,000 Period (n) = 5 Years Interest rate (r) = 8% Growth rate (g) =…

Q: Solve for the compound interest earned if 10,000 pesos is invested for  1-1/2 years at 8% compounded…

A: Compound interest refers to the interest calculation mechanism where the previous period interest is…

Q: Find the principal which will amount to Php 3,066,000 in 3 years at 9.25% simple interest rate

A: The time value of money is a financial concept that is used to find the worth of a sum of money at…

Q: Suppose a customer has to pay a total amount of PhP 20,945 as a payment of a personal loan at the…

A: Present Value refers to the discounted value of a single cash flow or multiple cash flows today…

Q: (To finance the expansion of your business, you borrowed RM 120,000 at a 7.8% p.a. nominal rate of…

A: MS-Excel --> Formulas --> Financials --> PMT Therefore, The monthly payment is $1,858.41.

Q: A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside…

A: Quarterly payment for loan will be, Where, P = Loan amount =3000000 r = Quarterly  interest rate =…

Q: Calculate the repayments required to fully repay $100 000 borrowed at 6%p.a. for 10 years with…

A: Borrowed amount "PV" is $100,000 Time period is 10 years Total number if quarters "N" are 10×4=40…

Q: Find the amount of an ordinary annuity and interest earned of which annuity payment of php18,000.00…

A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a…

Q: A$11,000 loan bearing interest of 5.40% compounded quarterly was to be repaid with payments - the…

A: Compound Interest Interest calculation has two type one is simple interest and another one is…

Q: An amount of 50,000 was borrowed at an interest rate of 10% per year and was to be repaid over a…

A: Cash Flow Diagram: Income and expenses over some time interval are visually represented in cash flow…

Q: $25,000 is borrowed at an annual compound rate of 8%. The loan is repaid with 5 annual payments,…

A: Loan amount is the amount that is borrowed

Q: A loan of £8,000 is to be repaid by level monthly instalments of 185 in arrear over a period of 4…

A: given, P=8000 n=4 m=12 A=185

Q: Php 15,000 is deposited every month for 2 years 8 months at 13% compounded monthly, what is the…

A: Annuity refers to the equal amount of payments/deposits made at equal time intervals for a definite…

Q: A loan of 7 quarterly payments of Php.8,300 is to be made, to pay for a loan at 10% compounded…

A: Interest rate                = 10% per annum Interest rate                = 2.5% per quarter…

Q: ABC Factory borrows Php 700,000 at 6% interest compounded every 4 months for 36 months. How much…

A: Borrowed amount (P) = Php 700,000 Annual interest rate = 6% Interest rate per 4 months (r) = 6%*4/12…

Q: Calculate the compound interest for a Php 100,000 investment under the following conditions:…

A: The compound interest is calculated as difference of future value and the principal

Q: A man loans 192,000 and promised to pay for 8 years at an interest rate of 5% compounded annually,…

A: Annual payment can be calculated by using the formula of the present value of annuity.   Present…

Q: Given a principal amount of P500,000 and an interest rate of 5.08% per year, construct a loan…

A: Loan amortization schedule: It implies to a detailed table that shows the periodic loan payments…

Q: You get a twenty-year amortized loan of Php100,000 with a 5% annual interest rate.  What are the…

A: Whenever a borrower acquires funds from a lender, he makes a promise to repay back the principal…

Q: How much will be received in 6 years if Php35,000 is deposited in an account earning 5.5% interest…

A: Answer -  Formula for Future Value - FV=PV(1+i)n,   Where, PV = Present Value i= Interest Rate n =…

Q: A business loan worth Php 1,000,000 is to be repaid quarterly in 2 years . The interest rate is 10%…

A: in this we have to find present value FACTOR and find quarterly payment and solve remaining part.

Q: $25,000 is borrowed at an annual compound rate of 8%. The loan is repaid with 5 annual payments,…

A: P= $25,000 Rate= 8% compounded annually Time= 5 year (annual payments)

Q: What is the interest earned on the principle of RM18,000 at the rate of 12% for 1 year and 4 months…

A: Principal amount (P) = RM 18,000 Interest rate = 12% Monthly interest rate (r) = 12%/12 = 1% Period…

Q: RM 500 payment is made every month to amortize a debt of RM4736. By constructing an amortization…

A: Loan Repayment: Loan payback refers to the process of returning borrowed funds to the lending…

Q: A loan of 6 semi-annual payments of P4,500.00 are to be made for a loan at 5 ½ % compounded…

A: A loan is a fund that is borrowed by individuals and corporates. It includes a certain rate of…

Q: of 12% per

A: Effective Rate-: The Effective Interest Rate, is simply an effective yearly or interest rate, annual…

Q: 3.A total of Php25,000 is invested at a simple monthly interest rate of 1% for 6 months. How much…

A: Simple Interest = P x n x r where, P= Principal n= number of months r= monthly rate of interest

Q: İlhan got a loan of 10.000 TL with a maturity of 10 years with an annual effective interest of 9%.…

A: A mortgage is a loan for a specific amount of money, and mortgage payments are the repayment of that…

Q: A debt of P43,000 whose interest rate is 14% compounded semi-annually, is to be discharged by a…

A: For the given problem, we need to compute balance of loan remaining after 6 payments and then shall…

Q: A loan for P 50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: riod, if a loan of Php 50,000 is made for a riod of 16 months at a rate of 7.5%?

A: The amount due at the end of period will be amount of loan and accrued interest on that. That would…

Q: A loan of X pesos will be paid in 48 equal monthly payments, starting 6 months from the release of…

A: Loan – X Monthly payment – P 5782 Interest rate – 18% p.a. c.m. or 18/12 = 1.5% p.m. Time – 48…

Q: A loan of Php20,000 is expected to yield a compound amount of Php45,000 at a nominal rate of 9%.…

A: Loan amount (PV) = Php 20,000 Future value (FV) = Php 45000 Interest rate  = 9% Semi annual interest…

Q: Find the payment R needed to amortize a loan of $22,000 at 3.5%/year compounded monthly with 36…

A: A type of loan in which the borrower has to make a schedule for the periodic payment regarding both…

Q: A series of 10 annual payments of Php 200, 000.00 is equivalent to two equal payments, one at the…

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

Q: Rs. 15,000 invested for 3 years at 18% p.a. Calculate Compound Interest and Accumulated value.…

A: Investment Amount = 15,000 Time Period (N) = 3 years Interest Rate = 18% p.a.

Q: A loan of PhP 75,000 with level payments to be made at the end of every month for 24 months with…

A: The time value of money refers to the determination of the value at present as well as the future…

Q: 1. A loan of Php 2,500 is made for a period of 13 months at an interest rate of 5%, compounded…

A: (1.) The formula for calculating the future amount due on a loan with compound interest is: FV= P ×…

Q: Annual payment of Php600 at the end of each term for 10 years with interest rate of 5% compounded…

A: Calculation of equivalent interest rate per payment interval are as follows.

Q: You obtain a loan for Php. 1,500,000 payable in three equal annual installments of Php. 500,000…

A: solution given Amount of loan 1,500,000 Equal annual installment 500,000 Effective…

Q: 2. RM 500 payment is made every month to amortize a debt of RM4736. By constructing an amortization…

A: An amortization schedule is a table showing the manner in which the debt is paid off. It includes…

Q: Consider a principal amount of PhP 1,000 to be invested at a nominal rate of 12% compounded semi…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: A loan is to be paid by an amount of Php 75,000 at the end of 5 years and 6 months. Calculate the…

A: Solution: Amount of repayment = P75,000 Period = 5.5 years Interest rate = 6% compounded…

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 loan of RM8,500 at 6% compounded monthly is to be amortized by 18 monthly payments. Calculate the…

A: Loan (L) = RM 8500 r = 6% per annum = 0.5% per month n = 18 payments Let X = Monthly payment