An obligation will be amortized by quarterly payments of P670 for 10 years. If interest is at 6% compounded quarterly, find: the present value of the loan; the outstanding principal after 7 years; the remaining liability just after the 30th payment; how much of the 20th payment is interest, and how much goes to principal?

Q: ASE TYPE IT AND NOT HANDWRITTEN An obligation will be amortized by quarterly payments of P5,000 for…

A: The loans are amortized based on the period and interest rate and loan amount.

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Q: a fully amortized loan is made for $1,00,000 at 6% for 30 years calculate total amount of interest…

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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 Total number of quarterly payments = 10*4 = 40…

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Q: loan is to be amortized by equal payments of P5,000 at the end of each six months for 10 years. If…

A: Using excel PV function to calculate the present value of loan

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…

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Q: A loan of P12, 500 is to be repaid with equal quarterly payments for one year with an interest of 6%…

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A: The question can be solved in excel as follows:

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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: A man owes P12,OOO with interest at 7% payable semi-annually. What equal payments at the beginning…

A: Loan amount (PV) = P 12,000 Annual interest rate = 7% Semi  annual interest rate (R) = 7%/2 = 3.5%…

Q: A loan is amortized over 5 years with monthly payments at a nominal interest rate of 12% compounded…

A: First monthly payment (M) = 200 Monthly growth rate (g) = 1% Monthly interest rate (r) = 12%/12 = 1%…

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Q: A loan of P12, 500 is to be repaid with equal quarterly payments for one year with an interest of 6%…

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A:

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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…

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A: Note: As per Bartleby guidelines, only the first 3 subparts can be solved. Please post any other…

Q: A $19,000 loan is to be amortized for 10 years with quarterly payments of $606.51. If the interest…

A: Amortization is referred to as decreasing or writing down the value of intangible assets or loans.…

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 P28,000 debt at 15% interest compounded semi-annually is to be amortized at P2,250 every 6 months.…

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Q: A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the first…

A: First payment = P 5000 Annual decrease in payment = P 500 Annual interest rate = 5% Period = 4 Years

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A: Years = 35 year Yearly Installments = 2000 Effective Interest =6% Total Installments paid = 29…

Q: Mr. Espinoza's debt of P160,000 is amortized by making equal payments at the end of every three…

A: Since you have posted a question with multiple subparts, we will solve first three subparts for you.…

Q: A $190,000 mortgage is to be amortized by making monthly payments for 20 years. Interest is 6.5%…

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A: The time value of money becomes an important factor for capital budgeting decisions. It is an idea…

Q: A debt is amortized for 4 years by a series of payments that decreases annually by ₱ 500, the first…

A: First payment = P 5000 Annual decrease = P 500 Annual interest rate = 5%

Q: what would be your debts at the end of the term according to each situation?

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Q: A loan of P95000 is borrowed for 240 days at a simple interest rate of 12.3 percent per year. What…

A: Loan amount (P) = P95000 Interest rate (r) = 12.3% Period (t) = 240 days = 240/365 =…

Q: A debt of 8,800 with interest at 5% payable semi annually will be discharged by payment of 1,200 at…

A: The amortization schedule can be prepared as follows : Periods Beginning amount Payment  Interest…