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A: AW = 601.17
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A: Clear solution given below,
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A: Annual interest rate is the interest rate which is received on an investment annually.
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A: Present value PV of the investment = P8000 Rate of interest (r) = 10% time (n)= 10 years
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A: Loan amount per year = P50,000 Number of years = 4 years
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A: Given information: Face value = $1000 Coupon rate = 10% Coupon payment = $1000 x 10% = $100 Purchase…
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A: First years income = $8250 Second year income = $12600 Third year income = $9750 Fourth year income…
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A: True
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A: Compounding is the interaction by which interest is credited to a current chief sum as well as to…
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A: Time value of money shows how two same amount of money in different time have different value .
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Q: Kelra's equivalent present water consumption in small laundry business is estimated to be P15.000.…
A: The growth rate is defined as the consumer price index of the current year to the consumer price…
Q: Your grandfather made a save account with the interest of 10% per year, to that account worth a
A: Grandfather made save account with interest rate is 10% per year and account worth a value of $100…
Q: An engineer who is about to retire has accumulated $50,000 in a savings account that pays 6% per…
A: Lets note down the information given to us as follows:- P = 50,000 i = 6% n = 10
Q: An Engineer bought a house and lot for which he paid 10% down-payment, worth 200,000 Pesos; and will…
A: The rate is APR(Annual percentage rate) means compounded as per the installment period per year. So…
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A: We have to find annual value (A) from the future value ($880,000).
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A: The future value or future worth (FV) tells us the market value of an interest bearing asset such as…
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A: Rate of interest = 10% Given amount = $10000
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A: The loan amount = 2000 Time period = 13 months Interes rate = 20%
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A: According to present value, a sum of money is worth more now than it will be tomorrow.To put it…
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A: SOLUTION As according to the question, a man borrowed p10T means 10000 and he only received 7800T…
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A: (Q) A bond issue of P200,000 in 10-year bonds, paying 16% nominal interest in semiannual payments,…
Q: An engineer who is about to retire has accumulated $50,000 in a savings account that pays 6% per…
A: Present amount accumulated = 50,000 $ Interest rate = 6 % compounded annually Time = 10 years
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A: An annuity is a financial product that allows you to receive a regular payout for the rest of your…
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A: Compound interest formula: A=P(1+rn)nt Investment to quadruple: A = 4P4P = P…
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A: Given A entrepreneur wants to have 100,000 in 3 years from now. Let principal amount = P . For two…
Q: Your parents make 20 equal annual deposits of $2,000 each into a bank account earning 3% interest…
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Q: Find the accumulated amount of P3,967 invested 0.09% compound daily at for a period of 18 years.
A: here we calculate the Accumulated amount for 18 years so calculation as follow-
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A: Given, Amount in the first year- $4000 Increasing amount- $300 Time- 6 years Interest- 9%
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A: Given : Principal = 4000 R = 12 % N = 6 years We will use the compound interest formula : A = P (…
Q: An individual wishes to deposit an amount of money now to have an accumulation of $500 at the end of…
A: Here, we calculate the given as follow;
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A: From the question, we have information that- Principal amount(P)= RM 10,000Simple Interest Rate (R)=…
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- A bond pays a semiannual coupon, and the last coupon was paid 61 days ago. If the annual couponpayment is $75, what is the accrued interest? (Assume 182 days in the 6-month period.)INDICATE A CASH FLOW DIAGRAM For an interest rate of 3% per quarter, determine the nominal interest rate per (a) semiannual period, (b) year, (c) 2 years.An engineer wishes to set up a special fund by making uniform semiannual start-of-period (period 0) deposits for 10 years. The fund is to provide P300,000 at the end of each year of the last five years of the 10-year period. If interest is 8% compounded yearly, what is the required semiannual deposit to be made?
- A savings account earns interest at the rate of 6% per year, compounded continuously. How much money must initially be placed in the account to provide for twenty end-of-year withdrawals, if the first withdrawal is P1000 and each subsequent withdrawal increases by P200?A student deposits ₱1,000 in a savings account that pays interest at the rate of 6% per year compounded annually. If all the money is allowed to accumulate, how much money will the student have after 12 years?Mr. Green had a housing loan amounting to P2,659,931, and it was to be amortized by a group of 30 end of year payments in an ascending linear progression. Mr. Green had an initial payment of P94,000 during the first end of year. The interest rate of the loan was 15% compounded annually, how much should the increase of payment every year in the amortization?
- A commercial real estate developer plans to borrow money to finance an upscale mall in an exclusive area of the city. The developer plans to get a loan that will be repaid with uniform payments of $575,000 beginning in year 2 and ending in year 16. How much will a bank be willing to loan at an interest rate of 13% per year? The bank will be willing to loan the developer a sum of $Kelra's equivalent present water consumption in small laundry business is estimated to be P15,000. Assuming a gradual growth of the business, if the cost in month 1 was P12,000 and with interest rate of 12% compounded monthly, what is amount of gradient?A certain business guarantees an earnings of 25,000 every month and a final addition earning of 85,000 at the end of 1 year. If the rate of interest is 10% compounded per month, what is worth now?
- For an interest rate of 1% per 2 months, determine the number of times interest would be compounded in ( a) 2 months, ( b ) two semiannual periods, and ( c ) 3 years.YVETTE AND AARON DEPOSITED A JOINT ACCOUNT AN AMOUNT OF P1000 AT BPI AT 5% INTEREST COMPOUNDED YEARLY. AFTER 8 YEARS, THE PRINCIPAL WAS WITHDRAWN, LEAVING THE INTEREST EARNED WHICH ACCRUED ANOTHER 8 YEARS AT THE BANKS. WHAT WILL BE THE AMOUNT THAT WILL BE WITHDRAWN ON THE 16TH YEAR?Toselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Specifically, the company will set aside 1% of total sales revenue for year-end bonuses. The sales are expected to be $5 million the first year, $5.5 million the second year, and amounts increasing by 10% each year for the next 5 years. At an interest rate of 5% per year, what is the equivalent annual worth in years 1 through 5 of the bonus package?