firm has two simple loans : a. 150,000 €, due in 1.5 years, 8% p.a. compounded quarterly; b. 80,000 €, due in 3 years, 11% p.a. simple. Bank agrees on a replacement of those payments by one payment of 50,000 € in six months and the final

Q: A loan is being repaid with 10 payments of RM2,000 followed by 10 payments of RM1,000 at the end of…

A: First 10 semi annual payment = RM 2000 Next 10 Semi annual payments = RM 1000 Annual interest rate =…

Q: the effective interest rate if the actual interest rate 3 months from now is 8%

A: Effective Interest Rate: Effective interest rate is the real return on any interest paying…

Q: Petir Bank has awarded Pelangi Berhad a loan of RM500,000. The interest rate was charged at a rate…

A: Principal (P) = RM500,000 Interest rate (r) = 12% Compensating balance (c) = 15%

Q: Assume you borrow $10,000 today and promise to repay the loan in two payments, one in year 2 and the…

A: Formula to calculate the future payments is P = F(P/F, i,n) Where F is the future accumulated…

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A: The cash flow diagram and the amortization schedule: A cash stream refers to a periodic cash inflow…

Q: (To finance the expansion of your business, you borrowed RM 120,000 at a 7.8% p.a. nominal rate of…

A: MS-Excel --> Formulas --> Financials --> PMT Therefore, The monthly payment is $1,858.41.

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A: When interest rate is simple interest: Interest = Principal*time*rate time and rate should be of…

Q: What is the quarterly payment on a loan of $22,000 for 5 years at i= 8% per year, compounded…

A: Mortgage/ Borrowings:  Borrowings are the loan which is taken by the individual to meet its…

Q: A loan of $7000 is to be repaid by three equal payments one and a half year from now, three years…

A: Computation of Effective interest rate: EAR=1+15%44-1=1+0.03754-1=1.15865-1=15.865%

Q: A $16000 loan is to repaid by monthly payments of $340, the first payment is due in one year's time.…

A: Repayment of loan is made in fixed instalments for during the loan period which include part of…

Q: ABC Bank sanctions a loan application for a 25 year mortage loan for US100,000. The interest rate on…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: 1. If PS00,000 is deposited at rate of 11.25% compounded monthly, determine the compounded interest…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: 5. A man takes out a loan of P150, 000 from a credit cooperative, which charges interest at the rate…

A: Simple interest: Simple interest is the amount of interest that is determined for a principal amount…

Q: uppose that one has a bank loan for P15,584.48, which is to be repaid in equal end-of-month…

A: In this we need to calculate present value factor and from that you will get monthly payment.

Q: National bank is willing to lend a customer P75,000. The note will be secured by a 5-year mortgage…

A: Yearly payment can be calculated with the help of the present value of annuity.

Q: QUESTION 1 A bank makes a 30 year Fully Amortizing FRM for $2,000,000 at an annual interest rate of…

A: (Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: A loan of Php 50,000 due 5 years from now and Php 50,000 due 10 years from now is to be repaid by a…

A: Given information : Amount due in 5 years = Php 50,000 Amount due in 10 years = Php 50,000 Repayment…

Q: Ghana Company enters into an IRG arrangement with Meterbank for 9 months, P800,000 loan starting 3…

A: IRG means interest rate guarantees. This is an option contract which helps an individual or a firm…

Q: Arman will pay back a P450,000 loan at the end of 26 months. This loan has an annual simple discount…

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

Q: A loan of 10,000 is to be repaid during 5 years with equal monthly payments of p. The interest rate…

A: In this we have to calculate present value of both option.

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A: Whenever a borrower acquires funds from a lender, he makes a promise to repay back the principal…

Q: Assume you borrow $10,000 today and promise to repay the loan in two payments, one in year 2 and the…

A: Let, the size of the payment in 4th Year be X. The calculation of the value of X is as follows:

Q: A firm has two simple loans :   150,000 €, due in 1.5 years, 8% p.a. compounded quarterly; 80,000…

A: Loan is an amount which is borrowed by a person or a firm from another party for specific time…

Q: Suppose you want to borrow S125 000 and you find a bank offering a 20-year loan with an APR of 5% a.…

A: a. Determine the regular payments when n=1 using the Excel PMT function with the following inputs:…

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Q: A loan for P 50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: Data​ Back-Up Systems has obtained a $29,000, 90-day bank loan at an annual interest rate of 15​%,…

A: a)The computation of amount of interest on the loan is as follows:Working note:Hence, the amount of…

Q: Data Back-Up Systems has obtained a $10,000, 90-day bank loan at an annual interest rate of 15%,…

A: In order to calculate the amount of interest, we are required to multiply the loan amount with the…

Q: ABC Bank sanctions a loan application for a 25 year mortage loan for US100,000.  The interest rate…

A: Present value refers to the current valuation for a future sum. Investors determine the present…

Q: A loan taken from Riyadh Bank; needs to be paid off, in N years. If the loan is equal to 40…

A: Let the identical payments be x. so the loan value will be 40x. It is given that the interest rate…

Q: Straight bank loan. Left Bank has a standing rate of 7.9% (APR) for all bank loans and requires…

A: As you have posted multiple questions, we will solve the first question for you. To get remaining…

Q: A loan of $ 1,000 is being paid with annuities of $ 80 at an interest rate of 5. One year after the…

A: In this problem you have to find out present value of payment paid and balance payment.

Q: A loan of $28,000.00, made 6 months ago, will be repaid by 3 equal payments – one today, one in 11…

A:

Q: Compañía CSB, S.A., requires short-term financing and requests a loan from Banco del Comercio, and…

A:

Q: 1.A cash loan is to be reapid by paying 13,500 php quarterly for 3 years starting the ened of 4…

A: 1) Quarterly payment (Q) = Php 13500 n = 3 years = 12 quarters First payment starts at the end of 4…

Q: . A loan of Php 40,000.00 with interest rate of 15% compounded biannually, is to be discharged by a…

A: Loan amount = Php 40000 Semi-annual rate R = 15%/2 = 7.5% Number of semi-annual period = 10 First 6…

Q: Assume that you borrow 20million JPY from some bank repay 80,000 JPY monthly under the plan of total…

A: Here, To Find: Case-I: 1. Total number of months =? 2. Completed years =? 3. Remaining months =?…

Q: 3. The PC Shop obtains a loan from a finance company. It is to be repaid by quarterny payments of…

A: Present Value of annuity = Annuity * PVAF ( Quarterly rate, Number of quarters ) Present Value of…

Q: A cash loan is to be repaid by paying P13,500 quarterly for 3 years starting at the end of 4 years.…

A: This problem is related to deferred annuity where annuities are deferred. hence there are no payment…

Q: A demand loan of $8000.00 is repaid by payments of $4000.00 after two years, $4000.00 after four…

A: Information Provided: Demand loan = $8000 Payments after two years = $4000 Payments after four years…

Q: A loan of P3,000 is repaid by a payment of P3,500 made 24 months later. What is the annual…

A: Loans payment carry the payment of principal amount and also payment of principal amount also.

Q: Cullumber needs to borrow $4 million for an upgrade to its headquarters and manufacturing facility.…

A: Given information : Loan amount = $4 million Prime rate = 4% Cullumber's current rating = +2.57%…

Q: a) For a loan of $55,000, with an annual interest rate of 5 % p.a. compounded monthly, and monthly…

A: Interest is an expense which is calculated on the principal amount.

Q: A bank is negotiating a loan. The loan can either be paid off as a lump sum of $140,000 at the end…

A: Using excel PMT function

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A: An annuity is a series of equivalent periodic cash flows for a specific duration. Each cash flow…