Approximately how long will he take to pay off the loan under these​ conditions?

Q: Pedro borrows P300,000.00 from lender ABC today at 12% compounded monthly. To fulfill his obligation…

A: As you have asked a question with multiple parts, we will solve the first 3 parts as per policy of…

Q: A woman buys a house for ​$235,000. She pays ​$60,000 down and takes out a mortgage at 6.3​% on the…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: 7. Ellen has a balance of $15,000 on her car loan and an interest rate of 2.75%. To pay off the…

A: Time has been precious in all perspectives, however in terms of finance; the time has a monetary…

Q: Mr Jeffrey wants to renovate his house. He takes a personal loan of RM 45000 from a bank with an…

A: We will first calculate the monthly payment by applying the required formula and thereafter we will…

Q: Keiko obtains a loan for home renovations from a bank that charges simple interest at an annual rate…

A: Given: Principal (p) = $ 16, 500 Time  (t)=76365 Interest rate (r) = 9.65% = 0.0965

Q: Fritz buys a car costing $24,300. He agrees to make payments at the end of each monthly period for 8…

A: A loan is an agreement between two parties where a sum is forwarded in return for periodic payments…

Q: in decided to buy his dream car worth 1,125,000 pesos. The seller requires a 20% down payment while…

A: The question is based on the concept of Financial Management.

Q: woman buys a house for $290,000. She pays $60,000 down and takes out a mortgage at 6.9% on the…

A: Given information :

Q: isha is buying a car for $26,000. She has $1,800 for a down payment. She plans prrow the remainder…

A: Using the compounding technique, the future value of a sum has been used to know the future value of…

Q: (a) Heather borrowed $5000 from her grandmother as a down payment on her first car. She promised to…

A: Part-A Borrowed Amount is $5000 Time period is 2 years Interest rate is 7% Per annum To Find:…

Q: Muthu purchases a shop and mortgages it for RM100,000. The mortgage requires repayment in equal…

A: Loan amortization is a kind of annuity. That is fixed sum of money is repaid at equal intervals. If…

Q: To help purchase his new minivan, Ahmad is taking out a s26,000 amortized loan for 6 years at 5.2%…

A: Given:

Q: Fritz Benjami buys a car costing $14200. He agrees to make payments at the end of each monthly…

A: EMI(EQUATED MONTHLY INSTALLMENT)-It is a fixed payment made by a borrowing party to the lending…

Q: Chris bought a new car for $12,500. He made a $3,000 down payment and financed the rest at an annual…

A: Loan is an amount that is paid by the lender to the borrower for the certain period of time. The…

Q: A couple takes out a loan for $350,000 to purchase a house. They get an adjustable rate mortgage…

A: Adjustable- rate mortgage are those mortgages in which interest rate of the mortgage loan keeps…

Q: A woman buys a house for ​$235,000. She pays ​$60,000 down and takes out a mortgage at 6.3​% on the…

A: The time it will take to pay off half of the 20-year loan can be computed using the monthly…

Q: A woman buys a house for $265,000. She pays $70,000 down and takes out a mortgage at 6.6% on the…

A: Mortgage amortization refers to a schedule which is prepared to shows the periodic loan payments,…

Q: a) Bianca takes out a 20-year home loan of $480,000 for her property. She makes equal month-end…

A: A mortgage loan is the type of loan that is provided to a borrower by a bank or financial…

Q: To help buy her new condominium, Maria is taking out a $154,000 mortgage loan for 30 years at 3.7%…

A: The loan is a value that is borrowed from external sources like banks and this amount is repaid…

Q: Ali buys an apartment for RM150,000. He makes a 10% down payment and finances the balance through…

A: Loan amount (L) = Price - Down payment = 90% of RM 150000 = RM 135000 Monthly payment (M) = RM…

Q: Amy bought a new car for $38,000$⁢38,000. She paid a 20%20% down payment and financed the remaining…

A: [P x R x (1+R)^N]/[(1+R)^N-1],

Q: (a) Heather borrowed $5000 from her grandmother as a down payment on her first car. She promised to…

A: calculation of above requirement are as follows

Q: Fritz Benjamin buys a car costing $14200. He agrees to make payments at the end of each monthly…

A: An amortization schedule is a complete table of periodic loan payments, showing the amount of…

Q: Jason bought a home in Arlington, Texas, for $127,000. He put down 25% and obtained a mortgage for…

A: Price of home = $ 127000 Down payment = 25% Loan amount (PV) = 127000*(1-0.25)…

Q: A woman buys a house for $325,000. She pays $20,000 down and takes out a mortgage at 6.9% on the…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Suppose Allison purchases a condominium and secures a loan of P13,400,000 for 30 years at an annual…

A: Loan amount (P) = P 13,400,000 Period = 30  Years Number of monthly payments (N) = 30*12 = 360…

Q: Fritz Benjamin buys a car costing $19900. He agrees to make payments at the end of each monthly…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: 1. Chris has saved $6500 towards buying a car which is valued at $23,500. They plan to borrow the…

A: Interest: It is the amount that is paid by the borrower to the lender for taking a loan. It is paid…

Q: Ciana wants to take out a $7,500 loan with a 5.3% APR. She can afford to pay $128 per month for loan…

A: The given payments are a form of annuity wherein an equal payment is made at eqaul intervals. The…

Q: Ryan must pay off a loan of $4,000 in 3 years. Use the appropriate formula to find the amortization…

A: Amortization: When the debt is paid off in regular installments and principal of loan is repaid till…

Q: Engr. Russel Clarete loan an amount of P200,000 at a local commercial bank at 12% compounded…

A: The series of monthly payments discussed here is a form of annuity wherein an equal payment is made…

Q: To help purchase his new car, Alonzo is taking out a $23,000 amortized loan for 6 years at 6.1%…

A: An amortization schedule shows periodic loan payments of principal and the amount of interest until…

Q: Peter takes out a loan of R1000000 to start a new business. After 14 years his business grows and he…

A: In the given question, no details are given regarding re-payments i.e whether any monthly or annual…

Q: Pedro borrows P300,000.00 from lender ABC today at 12% compounded monthly. To fulfill his obligation…

A: Loan Amount = P 300,000 Interest rate = 12% Time Period = 6 Months

Q: (c) Alata Kwaku borrowed ¢2,130 from his uncle and promised to pay him ¢2,720 after 2 years. With…

A: c) Given, Future value of borrowed amount = ¢2,720 Present value borrowed amount = ¢2130 number of…

Q: Jarret loans Adam RM 300 for a weekend trip to Las Vegas. Adam agrees to pay Gary RM 320 in one…

A: Future value of a present amount With present value (PV), periodic interest rate (r) and period (n),…

Q: Ali obtains a loan for home renovations from a bank that charges simple interest at an annual rate…

A: Interest Rate = 3.6% Loan = 14,300 N = 78/365

Q: Pauline borrows a loan of 120000 for 3 years at 11.5% simple interest Calculate the total interest…

A: Workings: Calculation of monthly interest payment: Monthly interest…

Q: Yolanda borrows $70,000 to buy a BMW. The dealer charges her an APR of 5%, compounded monthly, and…

A: Borrowed amount (PV) = $70,000 Interest rate = 5% Monthly interest rate (i) = 5%/12 =…

Q: Laura received a 15 year loan of $245,000 to purchase an RV. The interest rate on the loan was 4.10%…

A: Price of RV  $         2,45,000.00 Time Period 15 Interest Rate 4.10% Lumsum at end of every 4…

Q: Find the simple interest on a loan of P65,000 if the loan is given at a rate of20% and is due in 3…

A: 1. Calculate the simple interest by the simple interest formula. Where 'P' refers to the principal…

Q: 22: Greg Brown borrowed $1,700,000 to purchase a house. He agreed to repay the loan vith equal…

A: The housing loans are paid by the equal monthly installments and these installments carry the…

Q: Desmond plans to purchase a new car. He qualifies for a loan at an annual interest rate of 5.2%,…

A: A loan is an agreement between two parties where one receives money from the other in exchange for…

Q: Clark and Lana take a 30-year home mortgage of $123,000 at 7.7%, compounded monthly. They make their…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Sam takes out a loan for $3,685.50. The term of the loan is 7 years, and she will make bi-weekly…

A: Since you have asked a question with multiple parts, we will solve the first 3 parts for you. Please…

Q: Phil can efford $170 a month for 5 years for a car loan. If the annual interest rate is 3.9 percent…

A: Present Value of annuity refers to the present value of all the future payments of and series of…

Q: To help buy her new condominium, Mai is taking out a $163,000 mortgage loan for 30 years at 3.4%…

A: Amortized Loan:  Amortized loan is a type of loan in which the borrower would pay periodic payments…

Q: Eren Yeager borrows $100 000 to buy his dream home at an interest rate of 12% p.a. compounding…

A: Mortgage/ Borrowings:  Borrowings are the loans taken from banks or non-banking financial…

Q: Odysseus buys an Odyssey for $45,000.00. He pays $5000.00 down and the remainder in equal monthly…

A: (Note: Since you have posted multiple subparts questions, we will solve the first three sub-parts…

Risk and return

Before understanding the concept of Risk and Return in Financial Management, understanding the two-concept Risk and return individually is necessary. 

Capital Asset Pricing Model

Capital asset pricing model, also known as CAPM, shows the relationship between the expected return of the investment and the market at risk. This concept is basically used particularly in the case of stocks or shares. It is also used across finance for pricing assets that have higher risk identity and for evaluating the expected returns for the assets given the risk of those assets and also the cost of capital.