A pump can be bought for Php 10,000 php or for Php 2,000 down and the interest rate is 4.61% per year for 15 years. What is the annual payment?
Q: Determine how much should be invested for 10 years starting one from now if you want to withdraw…
A: Future value required (FV) = P5,000,000 Interest rate (r) = 15% Period (n) = 10 Years
Q: Your friend plans to invest $1,000 per month into an account expected to have an effective annual…
A: Here, EAR is 6.2% Monthly payment (PMT) is $1,000 Required Amount (FV) is $100,000
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A: Investment (P) = Php. 30000 Interest rate (r) = 10% Period (t) = 5 Years
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A: The question is related to Cash price of the house and lot if interest rate is 12% converted…
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A: The present value is the value of the sum received at time 0 or the current period. It is the value…
Q: A loan of $60,000 is due 10 years from today. The borrower wants to make annual payments at the end…
A: Firstly, calculating PMT with annual compounding:
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A: The repayment on a loan: A loan that is taken is repaid according to a repayment schedule that's…
Q: A loan is being handed out in multiple increasing semi-annual releases. The first release is P50,000…
A: The loan is a borrowed fund that is repaid after a fixed period of time with a certain rate of…
Q: Denvert is planning to make two deposits, PhP 40,000 now and PhP 50,000 at the end of year 8. On the…
A: Here, First Deposit now is Php 40,000 Second Deposit at the end of year 8 is Php50,000 Annual…
Q: You purchase a car priced at 750,000 Php. You paid 10% as the down payment and the remaining balance…
A: P= 675,000 (after down Payment) r= 0.4% (monthly) n= 10 yrs* 12months= 120 months Calculate interest…
Q: Engr. Odon is paying a loan five thousand pesos 4% quarterly for 3 years. If the payment is to start…
A: present value of annuity: pva=A×1-11+rmm×nrm where, A=annuity r=rate of interest m=frequency of…
Q: One building was priced at $ 125,000 . If you advance $ 25,000 and every month after that If $ 1,000…
A:
Q: A loan of P30,000 is to be repaid monthly for 5 years that will start at the end of 4 years. If…
A: An annuity refers to the payment made at a specific interval of time during a given time period.…
Q: A man expects to receive Php 125,000 in eight years. How much is that money worth now considering an…
A: The present value of investment can be calculated using present value table or compound interest…
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A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…
Q: In order to receive P12,000 at the end of three years and P10,000 at the end of five years, how much…
A: In the given given case it is assumed that compound interest mathod is used. Under compound interest…
Q: Find how much money needs to be deposited now into an account to obtain $40,000 in 5 years if the…
A: Future value (FV) = $40,000 Period (n) = 5 Years Interest rate (r) = 7%
Q: With interest at 4% compounded quarterly, how much will be required 8 years hence to repay a Php…
A: Payment required to be made after 8 years is calculated as future value of loan amount
Q: You have a financial goal of $140,000. The rate is 3% compounded annually. The time is 16 years.…
A: Formula to calculate annual periodic deposit Annuity=FV *r[(1+r)n-1] Where, FV = Future value r =…
Q: Mr Ramos wants to accumulate Php100,000 in 5 years. He wants to deposit a regular amount at the end…
A: Given, The amount to be accumulated is Php 100,000 Number of years is 5 years Rate is 12%
Q: What would be r in this problem? A P100,000 loan is to be paid monthly for 2 years with an interest…
A: Interest rate = 10% per annum semiannually compounded Compounding frequency = 2 Let the monthly…
Q: The average tuition fee per semester in the college level is 50,000 pesos. If yearly, tuition fee…
A: Current tuition fees (PV) = 50,000 pesos Growth rate (g) = 4% Period (n) = 15 years
Q: An investment offers $6,100 per year for 15 years, with the first payment occurring today. If the…
A: present value of annuity due formula: PVADUE=A×1-11+rnr×1+r where, A=annuity r=rate n=number of…
Q: Find the cash value of a sala set that can be bought for 2,500 down payment and 288 a month for 36…
A: Cash value =loan amount +down payment We need to use present value of annuity formula to calculate…
Q: A one million peso loan is to be paid annually at an interest rate of 8.00% pa compounded monthly.…
A: Loan amount (L) = P 1 million Interest rate = 8% compounded monthly. We need to find the annual rate…
Q: A person wants to make two individual investments, one today and one in six months at a rate of 18%…
A: monthly rate = 18%/12 = 1.5% X * 1.01512 + 5,000,000*1.0156 = 10,000,000 X = 3,791,163.26
Q: and 5 months, find the amount due? 4. Find the nominal rate if Php 25,000 is compounded continuously…
A: Future value of amount include the amount deposited and interest accumulated over the period of…
Q: The cash price of a motorcycle is Php325,000. A fixed amount is to be paid at every end of the…
A: Cash price (PV) = Php 325,000 Interest rate = 9% Monthly interest rate (r) = 9%/12 = 0.75% Period =…
Q: cashflow diagram.
A: The cash flow statement represents the inflow and outflow of cash from the company in a particular…
Q: What is the percent worth of PHP 1000 monthly deposit at 2% per month for one year if the payments…
A: Monthly payment (P) = Php 1000 Monthly interest rate (r) = 2% Number of monthly deposits (n) = 12
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 nominal rate if Php 25,000 is compounded continuously and will become Php 32,000 in 3…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: If you save Php 1,000 annually, how much would you have at an interest rate of 15 after 5 years?
A: Annual saving (P) = Php 1,000 Annual interest rate (r) = 15% Number of annual payments (n) = 5
Q: an investment offers 3850 per year for 15 years, with the first payment occurring one year from now.…
A: Here, Annuity Amount is 3850 Interest Rate is 6%
Q: it is desired to save $20,000 by depositing $800 every 3 months in an investment that pays 8%…
A: Annuity means a set of finite number of payments which are the same in size and made in equal…
Q: How many months will it take for an investment of Php 30,000.00 to earn Php 112.50 at 1.5% simple…
A: Time value of money(TVM)-It is based on the concept that money earned today is worth more than…
Q: Find the present worth of perpetuity of Php10,000 semi annually with an interest rate of 10%…
A: Semiannual payment (S) = Php 10000, first payment after 5 years Interest rate = 10% quarterly…
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: An investment that will give you monthly payments for 14 years costs $146,897. If your required…
A: An annuity is a series of cash flows that involve equivalent periodic amounts at equal time…
Q: Your mother's savings may allow you to withdraw 50 000.00 Php semi-annually for 5 years starting at…
A: The present value is the present worth of the amount that will be paid or received in the future.
Q: The annual maintenance cost of a generator is P1000 after 1 year and it is estimated to increase by…
A: Annual Maintenance Cost = 1000 End of period cost structure Increase in annual maintenance costs =…
Q: A house and lot are to be purchased by paying P15,500.00 monthly payable in 25 years. The first…
A: An interest rate is defined as the proportion of a loan sum paid to the borrower by the lender as…
Q: Php100,000 is left in the bank for 20 years. At time 20, regular withdrawals annually will be done…
A: We will use the concept of time value of money here. As per the concept of time value of money the…
Q: The price for a building was $ 125,000. How many months will it take to pay for the building if $…
A: given, price of building=$125000 advance=$25000 A=$1000 per month rate=9% m=12
Q: A. A person wants to generate fourintallments of $1,000 in the following four years. How much money…
A: Discounting the future cashflows provides the present value.
Q: An engineer wants to have P100,000 at the end of three years. How much would the engineer have to…
A: Present value is calculated by discounting the future value with the rate of interest. Present…
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- Project X costs $10,000 and will generate annual net cash inflows of $4,800 for five years. What is the NPV using 8% as the discount rate?Project A costs $5,000 and will generate annual after-tax net cash inflows of $1,800 for five years. What is the NPV using 8% as the discount rate?Conestoga Plumbing plans to invest in a new pump that is anticipated to provide annual savings for 10 years of $50,000. The pump can be sold at the end of the period for $100,000. What is the present value of the investment in the pump at a 9% interest rate given that savings are realized at year end?
- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuitya piece of machinery can be bought for Php 10,000 cash or for Php 2,000 down and 20,000 at the end of 15 years. What is the annual (compound) interest rate for the time paymentsA piece of machinery can be bought for P10,000 cash or for P2,000 down and 20,000 at the end of 15 years. What is the annual (compound) interest rate for the time payments?
- A loan of P30,000 is to be repaid monthly for 5 years that will start at the end of 4 years. If interest rate is 12% converted monthly, how much is the monthly payment?RFS software needs to accumulate Php 650 000 in 2 years to meet future needs. What regular payment would they need to make at the end of each month, at 12% interest compounded monthly?A person buys a piece of lot for Php 107203 down payment and 10 deferred semi-annual payments of P 5,000 each, starting 4 years from now. What is the present value of the investment if the rate of interest is 13% per year compounded quarterly? Create a cash flow diagaram Note: Round off your interest rate to five decimal places. Round your answer to 2 decimal places.
- A loan of Php 50,000 due 5 years from now and Php 50,000 due 10 years from now is to be repaid by a payment of Php 20,000 in 2 years, a payment of Php 40,000 in 4 years and a final payment at the end of 7 years. If the interest rate is 5% compounded annually, how much is the final payment?How much will be received in 6 years if Php35,000 is deposited in an account earning 5.5% interest per annum, compounded semi-annually?A series of 10 annual payments of Php 200, 000.00 is equivalent to two equalpayments, one at the end of 15 years and the other at the end of 20 years.The interest rate is 8%, compounded annually. What is the amount of the twoequal payments?
