end of 16 months,
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7. If Php 24,000 is the present value of Php 27,500 due at the end of 16 months, find:
a. the discount interest rate.
b. the simple interest rate.
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- Find the amount due at the end of 8 months whose present value Php 80,000. a) when the discount is 9%; b) when the interest rate is 12%What is the simple interest rate applied if an investment of Php 37,500 accumulates to Php 45,937.50 in a period of 1.5 years? A. 25% B. 15% C. 20% D. 10% Thank you in advance.7. How much is the maturity value that must be paid to the creditor if the credit term is 5% of Php 20,000 due 3 months from the time the amount was borrowed?
- Suppose that Php2,000 is deposited at a compound interest rate of 6% annually. Find the total account value after 12 yearsThe present value is Php 16,300.00, the interest rate is 9% compounded monthly for 6 years. What is the maturity value? Php 27,194.96 Php 27,149.96 Php 27,914.96 Php 27,914.96Find the maturity value for a loan of Php 25 000 to be repaid in 8 months with an interest rate of 4.3%
- Find the present value of Php 20,000 due at the end of 6 months if the discount rate is 5%. What is the discount?What is the nominal rate of interest if Php4,000 accumulates to Php10,000 in 8 years with interest compounded quarterly?1. Find the present value of Php 20,000 due at the end of 6 months if the discount rate is 5%. What is the discount? 2. If Php 12,000 is due on December 31, 2020, find the present value on June 19, 2020, if the discount rate is 8%. 3. Find the simple discount rate which is equivalent to the simple interest rate 6% in accumulating or discounting money for 8 months.
- If Php 5,000 becomes Php 9,734 after 12 years, when invested at an unknown rate of interest compounded monthly, determine the unknown nominal rate and corresponding effective rate.1. What rate of interest compounded annually must be received if an investment ofPhp5,400 made now will result in a receipt of Php7,200 5 years hence?2. What amount will be accumulated by Php4,100 in 10 years at 6% compoundedannually?Suppose you borrowed Php200,000 from a local bank having an interest of 8% per annum, compounded monthly. If the debt was to be amortized by 36 equal payments and the first payment is to be made at the end of the first month, (a) determine the monthly payment, and (b) construct an amortization schedule/table.
