a villa in an exclusive neighborhood at the southern part of the country. He agreed to pay 400,000 php every months at 11% compunf quarterly for 5 years, and the first payment was due after 3 years from the time he acquired the villa. How much is the cash price of
Q: Steven John owns a cab for which he purchased a Rs. 18,000 operating licence two years ago. Mr. John…
A: The potential cost of owning and maintaining an independent firm, as well as descriptive and…
Q: Jessica’s parents have decided to sell their ancestral house and they are planning to purchase a…
A: Present Value - The present value is defined as the current value of money we will receive in the…
Q: Gene bought a living room suite for 85,000 pesos. He agreed to pay in 5 months at 12% simple…
A: Simple Interest formula is Future value = Principle * (1 + Rate * Time)
Q: George buys a car every 6 years for ₱18,000. He trades in his current car to count as the 20%…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Tim purchased a bounce house one year ago for $6,500. During the year it generated $4,000 in cash…
A: Given details are : Purchase price of house = $6500 Cash flow during the year form the house = $4000…
Q: A i) Mrs. S owns a freehold property in Jurong East, Singapore. She receives an income of dollar…
A: "As per the policy of our company, In case of multiple questions asked then, we are allowed to…
Q: George buys a car every 6 years for P18,000. He trades in his current car to count as the 20%…
A: For George Price of car = ₱18,000 Down payment : 20% Price of car after Down Payment = ₱14,400…
Q: Mr. Ceballos purchased a statue for Php 2,500. Ten years later, he sold this statue for Php 7,500.…
A: Note: Hi! Thank you for the question, As per the Honor Code, we are allowed to answer one question…
Q: Sandy, a manufacturing engineer, just received a year-end bonus of Php 31, 000.00 that will be…
A: Given Information: Present value of Savings = Php 31,000 Rate of interest = 8% per year Time = 20…
Q: To pay for a farm, Berti has to make equal payments of P135,900.00 at the beginning of each six…
A: The worth of the money varies with time. So, the time value of money computes the worth of the money…
Q: Bill O’Brien would like to take his wife, Mary, on a trip three years from now to Europe to…
A: Future value:
Q: The buyer of a house paid PHP 10,000 in cash and committed to pay "x" pesos every six months for the…
A: In this we have to calculate the present value of lump sump amount and than find out the value of X.
Q: Marryann is planning a wedding anniversary gift of a trip to Hawaii for her husband at the end of 3…
A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…
Q: kenzo decided to buy a brand new car worth php 1, 200, 000 and plan to amortize the loan in monthly…
A: Present Value of Ordinary Annuity refers to the concept which gives out the discounted or today's…
Q: 1. Mr. Teves bought a property on sale with a P200,000 down payment and twelve equal monthly…
A: Down payment = P 200,000 Monthly payment = P 10,000 Number of monthly payments = 12 First payment =…
Q: A property worth $21.5M is purchased with a $5M down payment. The balance is to be paid monthly in…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Carlos buys a house for 1,200,000 pesos. He makes a 20% down payment and the balance he takes a loan…
A: Solution: amount of loan = 1,200,000 * 80% = 960,000 Nos of monthly periods =15*12 = 180 Monthly…
Q: Allan plan to go to London to visit friends in three years. The trip is expected to cost a total of…
A: The present value function or concept can be used to determine the present value of a future sum or…
Q: your sister bought a condominuim unit for 9,300,000 peso through a condominium loan which she avaied…
A: The monthly amortization is the payment that has to be paid or received at the end of every month.
Q: Cedie is saving in a bank in order to purchase a new house in six years. He anticipates that the…
A: Price of the house = PHP 1,500,000 Interest rate = 0.055 (i.e. 5.5%) Amount deposited (Year 1) = PHP…
Q: A farmer in Guiguinto, Bulacan planted 50 mango trees on his property wh ow fruit bearing. For the…
A: Given information : Buyer A proposal : Down payment 50000 Produce from each tree 1000…
Q: Peter got a 8-year assignment in Argentina. Consequently, he will rent out his three- bedroom house…
A: The amount 8 years from now will be the future value of the net rental income.
Q: Vincent was receiving rental payments of $3,000 at the beginning of every month from the tenants of…
A: The capitalization rate: The capitalization rate or cap rate is used to determine the rate of return…
Q: Engineer Patawaran purchased a lot and agreed to pay Php 33,000.00 a month for two years. If money…
A: Monthly Payment = 33,000 N = 24 months Annual Rate = 9% Interest Rate = Annual Rate / 12 = 9%/ 12…
Q: Mr. Joe decides to pay $40,000 annually to the 6 - year capital improvement to the Food Process…
A: Present Value(PV) is worth of amount that is received or paid at future date t current time. It is…
Q: Mr. Rizki is a private employee who is currently planning to buy a car to support mobility in his…
A: The interest rate is used to calculate the amount of interest per period that will be paid. The…
Q: Taylor and Charlie currently live in New Orleans. Taylor is currently making $60,000 per year, and…
A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…
Q: Clara operates a specialized financial services business in Toronto. She's currently considering…
A: Payback Period = Years before full recovery + (unrecovered cost at the start of the year/ cashflow…
Q: Lia plans to buy a house for Php 157,950. She wants to make a down payment of Php 24, 937 and to…
A: Mortgage- A mortgage is a sort of loan used to buy or maintain tangible assets such as a home,…
Q: Mr. Bienvenido Bautista needs a fund of Php1,000,000 to renovate his house. To provide for this, he…
A: Future value required (FV) = Php1,000,000 Interest rate = 12% Monthly interest rate (r) = 12%/12 =…
Q: Carl Napper, a foreigner, purchased a car under these terms: Php 200,000 down payment and Php 10,500…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: Marty decides to purchas a paddlewheel boat to start a riverboat casino business. The boat costs one…
A: Computation of the weekly payments and amount to be paid for repaying the loan is shown below:
Q: Cardo invested a certain amount at 20% simple interest per year. After 8 years, the interest she…
A: solution concept under simple interest the interest is calculated on the principal amount only .…
Q: Abel wants to determine the amount of money he would obtain from the interest of PHP 2,000 at 16%…
A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…
Q: Clara operates a specialized financial services business in Toronto. She's currently considering…
A: Total Cost = $110,000 +$16,000 = 126000
Q: Khairul secured a bank loan of RM 180,000 to help the purchase of a house. The mortgage is to be…
A:
Q: Your sister bought a condominium unit for P9 300 000 through a condominium loan which she availed of…
A: The monthly amortization is the payment that has to be paid or received at the end of every month.
Q: Miss Balqis wishes to purchase a cottage located in a rural area in 12 years when she retires in…
A:
Q: Shane was receiving rental payments of $3,000 at the beginning of every month from the tenants of…
A: Solution:- When an equal payment is made each period at beginning of the period, it is called…
Q: Kyla sold her laptop to fely in a condition that fely should give her a downpayment of Php 8,000 and…
A: A down payment is a payment made in the early stages of a purchase of an expensive product or…
Q: o save Php 2 750 at the end of every 6 months, which is the amount paid into her retirement plan by…
A: The given problem can be solved using FV function in excel. FV function computes amount balance in…
Q: Ms. Callie paid Php200,000 as down payment for a farm. The remaining amount is to be settled by…
A: "Since you have asked multiple questions, we will solve the first question for you". If you want any…
Q: Jin bought a new laptop worth 19,000 pesos to be paid monthly for 1 year. If the interest rate is 4%…
A: The question is based on the concept of Financial Management.
Q: Jane bought an audio system and agreed to pay for the purchase by making four equal annual…
A: The total cash payments of $4,200 are the sum of the total amount of installment paid in 4 years,…
Q: Maricar bought a split type inverter aircon which costs P33,500 in an installment basis . How much…
A: It can be calculated using rate formula in excel. =RATE (nper, pmt, pv, [fv], [type], [guess])…
Q: Polly purchased a car. She paid ₱250,000 as down payment, and ₱15,000 payable at the beginning of…
A: Present Value can be calculated using PV function in excel PV (rate, nper, pmt, [Fv], [type])…
Q: Benjiena would like to purchase a house and lot amounting to P10,000,000 in the span of five years.…
A: The compound interest is the interest which calculated on principal involves all accumulated…
Q: Henry purchased farm machinery and would pay P150,000 at the end of every 6 months for 5 years with…
A: Semi annual payment = P 150,000 Period = 5 Years Number of semi annual payments = 5*2 = 10 Annual…
Luka bought a villa in an exclusive neighborhood at the southern part of the country. He agreed to pay 400,000 php every months at 11% compunf quarterly for 5 years, and the first payment was due after 3 years from the time he acquired the villa. How much is the cash price of the vills?
Step by step
Solved in 3 steps with 2 images
- Jungkook purchased a new car under these terms: 800,000 php downpayment and 17,500 php each month for 5 years. If the interest is 12% compounded monthly, what is the cash price of the car?Cardo invested a certain amount at 20% simple interest per year. After 8 years, the interest she received amounted to Php40,000. How much did he invest?The buyer of a house paid PHP 10,000 in cash and committed to pay "x" pesos every six months for the next 10 years. He missed the first five payments of "x" pesos each. He wants to pay the house in a single payments PHP 53,293 at the end of the third year, which will cancel both his accrued and future liabilities. If money has a value of 6% per year compounded semi-annually, find the value of "x".
- Engineer Patawaran purchased a lot and agreed to pay Php 33,000.00 a month for two years. If money is worth 9% compounded monthly, what single payment at the end of 2 years would be equivalent to his total monthly paymentsyour sister bought a condominuim unit for 9,300,000 peso through a condominium loan which she avaied of from a universal bank at a fixed annual rate of 8% for 10 years. how much would be your sister's monthly amortization if she is required to pay an equity of 30% of the total price of the condominiumMr. Ceballos purchased a statue for Php 2,500. Ten years later, he sold this statue for Php 7,500. If the statue is viewed as an investment, what annual rate did he earn? 6. How many years will it take for an investment to be twice its value if it earns 8% compounded annually?
- Mr. Torres paid PhP200,000 as downpayment for a farm. The remaining amount is to be settled by paying PhP16,200 at the end of each month for 5 years. If interest is 5% compunded semi-annually, what is the cash price of his farm?Gene bought a living room suite for 85,000 pesos. He agreed to pay in 5 months at 12% simple interest. How much will he pay for the furniture?M purchased a small lot in a subdivision, paying P200, 000 down and promising to pay P15, 000 every 3 months for the next 10 years. The seller figured interest at 12% compounded quarterly. (a) What was the cash price of the lot? (b) If M missed the first 12 payments, what must he pay at the time the 13th is due to bring him up to date? (c) After making 8 payments, M wished to discharge his remaining indebtedness by a single payment at the time when the 9th regular payment was due, what must he pay in addition to the regular payment then due? (d) If M missed the first 10 payments, what must he pay when the 11th payment is due to discharge his entire indebtedness?Include cashflow if possible
- Elora must have RM120,000 in order to buy a piece of vacant land. She plans to save RM2,000 per year in her saving account with Amanah Bank that pays 12 percent interest rate compounded semi-annually. If Elora save for 15 years, determine if Elora would be able to buy the land.Benjie purchased a house and lot. He paid P500,000 as a down payment and was required to pay P10,000 every end of six months for the next 15 years at the rate of 10% compounded semi annually. Determine the cash value of the house and lot.Sam was injured in an accident, and the insurance company has offered him the choice of Php25,000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave him as well off financially as with the annuity? SHOW MANUAL SOLVING
