ABC would need cash of P5,000,000. Several banks offered different loan conditions. One of the loans has a term  of 6 months, interest of 5%, and compensating balance of P5

Q: A $8,200 loan, taken now, with a simple interest rate of 5% per year, will require a total payment…

A: Explanation is given below..

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: ANSWER :

Q: A $2000 Treasury bond with a coupon rate of 5.9% that has a market value of $1775

A:

Q: If $10,500 is borrowed for 5 years at an annual simple interest rate of 1.73%, how much interest…

A:

Q: A woman earned wages of $50,500, received $1400 in interest from a savings account, and contributed…

A:

Q: If vou buy a computer directly from the manufacturer for $2,835 and agree to repay it in 36 equal…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $426,500. The balance on their existing…

A: amount of credit available=?

Q: Your business requests a 3-month loan for 550,000. What will be the interest paid at the d of the…

A: Given query is to find the interest paid

Q: 3. How many more monthly payments are made for a 5-year loan than for a 2-year loan?

A: Number of monthly payment for a 5year plan is = 5*12=60 months. (in 1year total number of months is…

Q: John's annual gross income is $87,600, but FICA is deducted from his paycheck, and 23% of his salary…

A: given annual gross income of John's =$87,00023% of this income will be=87000100x23=$20010therefore…

Q: Ransford and Alda Mariano own a home recently appraised for $428,500. The balance on their existing…

A: The appraised value of the home is $428,500.

Q: The agreement for leasing a new car with a purchase price of $21,000.00 includes a down payment of…

A: To own the car, we need to pay the down payment, monthly instalments for 4 year and then last amount…

Q: If you buy a computer directly from the manufacturer for $2571 and agree to repay it in 4 years (48…

A:

Q: If you need to take out a $20,000 student loan 2 years before graduating, which loan option will…

A: Given, Payment period starts from after 2 and 212 years. That is the loan amount will be 20000 is…

Q: OC Motor Supply had beginning-year net fixed assets of $479 and ending-year net fixed assets of…

A: Given data:- The given beginning year net fixed assets of, =$479 The given ending-year net fixed…

Q: Alicia has a monthly income of $3,900. She also has a mortgage payment of $1,000, a monthly student…

A: The debt to income ratio can be calculated by dividing the debt by the income. The formula for the…

Q: Danny creates up an investment arrangement for a friend that will return $5000 the first year, $6125…

A: We are given that the returns during the first year are $5000, during the second year are $6125, and…

Q: 2. Emma availed of a cash loan that gave her an option to pay P10,000 monthly for 1 year. The first…

A: We will find out the required value.

Q: A village recently completed the construction of a new water tower. The entire cost of the water…

A: solutiona)Due balance=Total cost-government paid=934000-480000=454000

Q: Ronald and Samantha Brady recently had their condominium in Port Isaac appraised for $322,600. The…

A:

Q: The SUTA rate for Worldwide Industries is 5.4% and its FUTA rate is 6.2% less the 5.4% SUTA credit.…

A: the SUTA taxes for the payroll is=5.4%×$52,174=$2817.396the FUTA taxes for the payroll is…

Q: GFI, Inc., a Hong Kong company, makes audio decoder chips, one of the essential components used in…

A: According to the given situations the answers are following : PART 1 The GFI have a legitimate…

Q: Dr. Gupta is considering a 30-year mortgage at 6% interest. She can make payments of $3500 a month.…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: solution of the given problem is below...

Q: Danny creates up an investment arrangement for friend that will return $5000 the first year,$6125…

A: See the attachment

Q: 3. Irene has a job that pays $15 per hour. If she works 30 hours per week, what is her gross pay per…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A:

Q: 3 i) If the Yield Volatility is 35%, what is the volatility of the forward price?

A: Given: face value=$100 maturity=4 years Coupon =$28 Price=$133 Yeild= 16%

Q: If Sandy can afford car payments of ​$260 per month for 5 ​years, what is the price of a car that…

A:

Q: If you buy a computer directly from the manufacturer for $2,241 and agree to repay it in 48 equal…

A: Let, Present value=p=2241 Rate of interest per month = r=1.7%=0.017 Number of months=n=48 and m be…

Q: Ronald and Samantha Brady recently had their condominium in Port Isaac appraised for $321,800. The…

A: The appraised value of the condominium is $321,800.

Q: (32) With a $30,000 annual income, what would be the value of the loan contracts demanded if a…

A:

Q: 3. A company rents an office building for $5500 per month. If they spend $49,920 to upgrade the…

A: Given, Monthly rent = $ 5500  They spend $ 49,920 to upgrade the facility.  Here, cost of upgrade…

Q: 6. Yu is considering two different banks for his $3,000 savings account: OPTION A 4% FOR 20 YEARS…

A: Given that, the amount is 3000. 8. Obtain the interest earned in option A. It is known that, the…

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: Given that Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on…

Q: Jeremy had an agrrement to repay payments of $6,500 in four years and $11,225 in seven years. How…

A:

Q: How long will it take borrower to diminiy₱198,480 if a lender charges 15.65% monthly and monthly…

A: loan amortization formula A=Pr(1+r)n(1+r)n-1 where A is periodic payment P is loan amount r is…

Q: Calculate the total cost, total depreciation, and annual depreciation (in $) for the following…

A:

Q: Your 18-year old, senior high school best friend, is asking for your advice as to which between the…

A: Solution is here

Q: A woman earned wages of $50,500, received $1400 in interest from a savings account, and contributed…

A: Given that, A woman earned wages of $50,500, received $1400 in interest from a savings account, and…

Q: 1 Consider a loan at 4.625% APR on 7 years for a $38,000 car.  a.  Estimate the monthly payment…

A: APR implies the Annual Percentage Rate, which is the amount of money a person pays on borrowing…

Q: Ransford and Alda Mariano own a home recently appraised for $424,500. The balance on their existing…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $424,500. The balance on their existing…

A: 80% of appraised value = 0.8* $424,500 = $339,600 But the existing balance on mortgage must also be…

Q: A bank in London, Ontario has a buying rate of CHF 1 = C$1.2973. If the exchange rate is CHF 1 =…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $428,500. The balance on their existing…

A: Given Data: Appraised value=428500 Existing mortgage=133085 Loan=80%

Q: With a certain medical insurance​ policy, the customer must first pay an annual ​$100…

A: Do not forget to add $100 of policy.

Q: A credit union is offering 30-year home loan with annual rates of 4.1% with 1.5 points or 3.8% with…

A: Given p=$330000

Q: For the second mortgage application, calculate the percentage of appraised value and the potential…

A: Percentage of Appraised Value (in $)=?   Potential Credit (in $)=?

Q: In terms of paying less in​ interest, which is more economical for a ​$120,000 ​mortgage: a​ 30-year…

A: For a $120,000 mortgage, let us calculate the loan for 30 year fixed rate at 8%   The…