Blithe Geezer, a streetwear startup, plans to launch a massive first collection on its opening. Considering the owner's timeframe, he wants to open his brand after 10 years, at which time he needs P350,000 capital. If the owner decides to deposit a certain amount on the 5th year and plans to increase his deposit by 10% per quarter for 5 years, how much is his initial deposit if money may be deposited at 4% compounded annually?

Q: a php 2500 is deposited for 6 years at the rates of 2% in the first to the third year, for the…

A: In the question above it is given that,  Principal = 2500 Time = 6 years Interest for first 3 years=…

Q: What is the future worth of P600 deposited at the end of every month for 4 years if the interest…

A: The amount given is P600 in the economy and the interest rate is given to be 12 percent and the…

Q: A person buys a car for a down payment of 50,000 and a monthly payment of 35,000.00 for 9 years…

A: If the annual rate of interest is 8%, the monthly rate of interest is 8/12=23% So the present value…

Q: Mr. Dela Cruz bought a piece of property for Php100,000 downpayment and 10 deferred semiannual…

A: Using the formula

Q: Renejay's income from sales of tocino have been increasing by 10% for 8 years. If the sales in year…

A:

Q: Soil cleaning company Chemdex Partners plans to finance a site reclamation project that will require…

A: The future worth of numerous alternatives will be computed in the future worth method of alternative…

Q: Lina saved RM4000 in a bank that offered simple interest at 10% per annum. After 3 years, she…

A: Since you have posted multiple questions as per the guidelines we can solve only 1 question

Q: At what annual interest rate is P25,000 one year ago equivalent to P30,000 today?

A: We are required to find the interest rate which makes P25,000 one year ago equivalent to P30,000…

Q: How much should be deposited now at 8% compounded annually to take care of the maintenance of a…

A: According to the question above,  Rate of Interest (r) = 8% = 0.08 Amount = P 100,000  Time(t) = 6…

Q: Compounded Continuously an investment of  $400 at a rate of 35% for 2 years. what is the future…

A: Given information: Present value (P)= $400 Interest rate (r)= 35% Compounding= continuously Time…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Compound interest, also known as Interest on Interest, is interest that is added to the interest…

Q: The present worth of a deposit of $1000 now and $1000 every 6 months for 10 years at an interest…

A:

Q: • If money is worth 7.2% compounded monthly, find the present value and the amount of an annuity of…

A: Semi annual payment = 5500 P Time = 5 years Interest rate = 7.2 % compounded monthly Monthly rate =…

Q: A man bought car in installment basis. If he pays P10,000 at the beginning of each month at a rate…

A: The cash price is the present value of the cash flow. The formula is: PV=(1+r)*A[1-(11+r)nr]…

Q: Mr Robles plans to deposit P500 at the end of each month for 10yrs at 12% annual interest,…

A: Future value means the value of the asset at a future time period.

Q: Mr. Reyes borrowed from the bank an amount of P320,000 today to be paid after 5 years. This was done…

A: Mr. Reyes borrowed P320,000 today from the bank, which has to be paid after 5 years at an interest…

Q: What is the future worth of the S6000 at the end of each year for 12 years at 10.75% compounded…

A:

Q: Calculate the future value of an annuity of $400 invested every year at 6.6% co. continuously for 5…

A: Amount invested each year = 400 Time = 5 years Interest rate = 6.6 % compounded continuously…

Q: If the sum P15, 000.00 is deposited in an account earning 4% per annum compounded quarterly, what…

A: Given  Deposited amount =15,000 Interest rate =4% per year compounded quarterly  Time =5

Q: Mr. Fajardo borrowed P10,000.00 and was able to sign a promissory note that he would pay P20,327.90…

A: Given Amount = P20,327.9 Principal = P10,000 Time = 4 years. The interest rate compounded bi-monthly…

Q: A guy deposited P4,000, P4,500 and P5,000 at the end of the 2nd year, 3rd year and 4th year,…

A: We have given that  rate of interest i=0.07 or 7% We have to find the value of A

Q: For the cash flow diagram sbown below, the value of x that will make the future worth in year 8…

A: Future value of given cash flow is $147,458 i=10% n=8 years

Q: The future worth in year 8 for the cash flows shown is $28,00O. At an interest rate of 9% per year,…

A: Sum of future value of all cash flows is $28,000 Rate of interest= 9%

Q: A person deposits 2000$ to an account each year for five years starting at end of year one. At end…

A: here we calculate the total amount withdrawn at the end of 5 year ( at the end half payment is…

Q: A certain business guarantees an earnings of 25,000 every month and a final addition earning of…

A: The final worth can be calculated by adding the amount of 85000 with the amount that is received…

Q: Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of…

A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…

Q: How much money would a man have to deposit each year for 6 years starting 4 years from now if he…

A: A deposit amount of 'A' each year for 6 years that starts 4 years from now need to be made. It will…

Q: if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…

A: Nominal Interest Rate = 11.5%

Q: On her recent birthday, April 22, 2001, Nicole was given by her mother a certain sum of money as…

A: Let P be the principal amount  Days from 11th april 2016 to 25th Dec 2016 are 247 days (excluding…

Q: Mr. Hernandez wants to provide a series of 18 yearly allowance for his 1-year old daughter starting…

A: According to the given problem, the cash flow diagram is given below Currently, his daughter is 1…

Q: A sum of money “x” pesos will be received six years from now. At 5% annual interest the present…

A: In economics, present value refers to the current value of a future stream of cash flow. Future…

Q: Maintenance costs for a particular production machine increase by $1,000/year over the 5-year life…

A: Given,   Rise in maintenance cost = $1000/year  Time = 5 year  Initial maintenance cost = $3,000…

Q: If Elvira borrowed P130000 from Rona with an interest rate of 12% per year compounded quarterly.…

A: Given the borrowed amount = P130000 Interest rate = 12%

Q: A lady saves RM 150 every month for ten years. If her saving is given an interest of 9% per year…

A: Payment each month = 150 Time = 10 years Interest rate = 9 % compounded monthly Monthly rate – 9 /…

Q: Engr. Gundran wishes his son to receive 10,870 10 years from now. What amount should he invest if it…

A: Given information,  Future value= 10,870 Interest rate in first five years= 9% Compounded period in…

Q: What is the future worth of P600 deposited at the end of every 4 months for 4 years if the…

A: GIVEN   C = 600 i = 12% n = (12/4)*4 =12

Q: Calculate the present worth of 10 uniform payments of $8000 that pegin (a) 1 year from now at an…

A: here we calculate the present worth of the uniform payments by using the given data , so calculation…

Q: A company that manufactures air-operated drain valve assemblies currently has $110,000 available to…

A: Let uniform annual amount the company can spend is $K and it is also assumed that the company spend…

Q: A person invests $2000 to be collected 15 years from now. Given the interest rate of the investment…

A: The investment of amount = $2000 Interest rate = 23% Required to find the amount after three years.…

Q: If P10,000 is deposited each year for 9 years, how much accumlated desposit will be at the end of…

A: Annuity made for 9 years = P10000 Number of deposits = 9 years Interest rate = 14%

Q: Mr. Reyes borrowed from the bank an amount of P300,000 today to be paid after 5 years. This was done…

A: Loan = P 3,00,000 Tenure = 5 years  Rate of interest = 5% Amount to be repaid after 5 years: A = P(1…

Q: If 26500 shall accumulate for 5 years at 7% compounded bimonthly, find the following at the end of 5…

A: Answer: The method of compound interest on deposit or loan considers both the principal amount and…

Q: 1. John Doe Co., a company that makes tractors, budgeted $75,000 per year to pay for certain…

A: Given the first-year spending = $16000 Since each year budget is $75000 so spending increment can…

Q: A person deposited the 57,000 TL he saved each year for 5 years at 16% compound interest.…

A: Future value = annual deposit x F/A(i%, N)

Q: In a loan with 20% simple interest, the future amount is P2, 000.00 more than the principal after…

A: Principle amount = P 10000

Q: RM10,000 is invested for 4 years 9 months in a bank earning a simple interest rate of 10% per annum.…

A: From the question, we have information that- Principal amount(P)= RM 10,000Simple Interest Rate (R)=…