Find the equivalent annual payment of the following obligations at 20% interest. End of Year Payment 1 P 8,000 2 P 7, 000 3 P 6, 000 4 P 5, 000
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Find the equivalent annual payment of the following obligations at 20% interest.
|
End of Year |
Payment |
|
1 |
P 8,000 |
|
2 |
P 7, 000 |
|
3 |
P 6, 000 |
|
4 |
P 5, 000 |
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- Please solve using the Uniform Arithmetic Gradient formula. Find the equivalent annual payment of the following obligations at 20% interest rate. End of Year Payment 1 P 8,000 2 P 7,000 3 P 6,000 4 P 5,000An obligation will be amortized by quarterly payments of P5,000 for 10 years. If interest is 6% compounded quarterly, find: c. the remaining liability just after the 15th payment d. how much of the 15th payment interests, and how much goes to the principal?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?
- A debt of 8,800 with interest at 5% payable semi annually will be discharged by payment of 1,200 at the end of each 8 periods as long as necessary, with a final smaller payment of 8 periods after the last 1200 is paid due to COVID19. How much will be the beginning amount after the last period? How much will be the final payment after the last period? How much will ve the interest after the last period? Give the amortization schedule containing the period, beginning amount, payment, interest, repayment and ending balance. Show your solution, dont use excelA debt of $10,000 is to be repaid by equal Monthly payments at the end of every month for 1 year. Interest is 6% compounded Semi-Annually. What is the size of the payment? Question options: $810.94 $851.72 $860.33 $856.10Determine the present value of each series of payments identified below. Assume a compound interest rate of 3% p.m.. 16 monthly, equal and successive installments of BRL 2800. Present value = R$ ? 22 equal and successive monthly installments of BRL 800, the first of which is due at the end of the tenth month (9 months grace period). Present value = BRL ? 5 monthly and successive installments of, respectively, BRL 1500; BRL 1600; BRL 1800; BRL1900 and BRL 2100. Present value = R$ ? 4 equal installments of BRL 2200, due, respectively, in the 4th month, 5th month, 7th month and 10th month. Present value = BRL ? R$ is BRL (monetary unit of Brazil)
- An obligation will be amortized by quarterly payments of P5,000 for 10 years. If interest is 6% compounded quarterly, find: a. the present value of the loan b. the outstanding principal after 7 years160000 TL loan is being repaid by installments of 2250 TL at the end of each month for as long as necessary, plus a final smaller payment. If interest is at J12 = 12%, find the outstanding balance at the end of 7 years.A DEBT OF P10,000.00 WITH 10% INTEREST COMPOUNDED SEMI-ANNUALLY IS TO BE AMORTIZED BY SEMI-ANNUAL PAYMENTS OVER THE NEXT 5 YEARS. tHE FIRST DUE IS IN 6 MONTHS. DETERMINE THE SEMI-ANNUAL PAYMENTS. a.P1,400.45 b.P1,295.05 c.P1,193.90 d.P1,200.00
- If the interest rate is 13% compunded semi-annually made on the account, and the obligations are given below: Deposit of P13,521 at the end of 3 and a half years. Withdrawal of P20,812 at the end of 5 years. Semi-annual deposit of a perpetuity of P1,200 starting at the end of 6 and a half years. Determine the following: a.) Present value of all the obligations made on the account. b.) Additional amount of withdrawal at the end of 5 years to balance the cash flows. NOTE: DO NOT USE EXCELA debt of 4,400 with interest at 2.5% payable semi annually will be discharged by payment of 600 at the end of each 7 periods as long as necessary, with a final smaller payment of 7 periods after the last 600 is paid due to COVID19. How much will be the beginning amount after the last period? How much will be the final payment after the last period? How much will Be the interest after the last period? Give the amortization schedule containing the period, beginning amount, payment, interest, repayment and ending balance. Show the solution.An obligation of 2500 falls due at the end of 7 years. If money is worth j12 = 10%, and an equivalent debt at the end of (i) 3 years, (ii) 10 years