following: a. Php 1,000 at 3% annual simple interest rate for 2 years. b. Php 2,000 at 2.5% annual simple interest rate for 10 months. c. Php 5,000 at 1% annual simple interest rate for 1.5 years.

Q: A $8,200 loan, taken now, with a simple interest rate of 5% per year, will require a total payment…

A: Explanation is given below..

Q: 3. Find the present worth of perpetuity of P10,000 semi annually with an interest rate of 10%…

A:

Q: Your local credit union is offering a certificate of deposit at 5% annual interest. What will be the…

A: Your local credit union is offering a certificate of deposit at 5% annual interest. We need to find…

Q: 2. If you borrow $5000 and, after 9 months, pay off the loan in the amount of $5500, what per annum…

A:

Q: What is the purchase price of a 33-week T-bill with a maturity value of $1072 that earns an annual…

A: Given that  Maturity value is 1072 Interest rate is 8.5% To find the purchase price

Q: If you borrow $2,400 for 4 years at an annual interest rate of 6%, how much will you pay altogether?…

A: When the interest is simple, then the formula used is A=P(1+rt), where, A is the final amount, P is…

Q: Assume the monthly payment of a loan amount of $400,000 is $1450.  How long will it take to retire…

A:

Q: The Tomac Swim Club arranged short-term financing of $13,700.00 on July 13 with the Bank of Commerce…

A:

Q: 13. Calculate the simple interest on a bank loan of $200,000 for a month, with a quoted rate of 6%…

A:

Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

Q: If a business borrows $12,700 and repays $22,225 in 5 years,what is the simple interest rate?

A: Simple interest formula for an amount of P for an interest rate r% of t years is given by the…

Q: If vou buy a computer directly from the manufacturer for $2,835 and agree to repay it in 36 equal…

A:

Q: Consider a 30-year mortgage for $356,901 at an annual interest rate of 4%. What is the remaining…

A: in this question, we have  principal balance = $356901 total mortgage time = 30 years  we have asked…

Q: Ask someone borrowing from a five-six ( Bumbay ) money lender. How much will be charged if you want…

A: Simple interest:              SI = PRT100 where P = principle            R= rate of interest…

Q: Basim borrows OMR 3580 for 4 months at a simple interest rate of 6% per year.Determine proceeds. a.…

A: Consider the provided question, Basim borrows OMR 3580 for 4 months at a simple interest rate of 6%…

Q: 1. Bank of Seguismundo offers a special instalment rate of 1% per month or 12%  per annum for…

A: Given that: Rate of interest, r=1% per month or 12% per annumPrincipal amount,  = 100,000Interest,…

Q: Jamerra receive plans on paying the end of 2 yea $450 in interest interest rate on

A: GIVEN  principal P=$ 3000 time t=2 years interest I=$ 450

Q: What Is the monthly payment for a $14,000 loan for 6 years with an annual interest rate of 3.8%?

A:

Q: Your house was struck by a strong typhoon a year ago, and you don't have enough funds for repair.…

A:

Q: If an interest rate of 5% results in interest of $50, what is the principal amount of the loan?

A:

Q: In his will dated July 17, 1,788, Benjamin Franklin stated that he wished "to be useful even after…

A: The loaned amount is not more than 90 pounds or $411.3.  The rate of interest is 5% per annum.  We…

Q: In order to purchase a​ home, a family borrows $55,000 at an annual interest rate of 11​%, to be…

A:

Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

A: s per our guidelines we are supposed to answer?️ only one question. Kindly repost other question as…

Q: If $7,000 is borrowed and repaid with four quarterly payments of $600 during the first year and four…

A: Concept: A branch of mathematics which deals with symbols and the rules for manipulating those…

Q: Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchase a…

A:

Q: Calculate the simple interest due (in dollars) on a 60-day loan of $1,600 if the annual interest…

A: Given

Q: A man borrowed P10,000.00 from his friend and agrees to pay at the end of 90 days under 8% simple…

A: # Given: principal amount P=10000  rate of interest r=8%   then to find amount to be paid at the end…

Q: What is the monthly payment for $14000 loan for 5 years with an annual rate of 3.6%? Round to the…

A:

Q: Suppose your bank has a minimum interest policy for single-payment loans of $60. Using ordinary…

A:

Q: Determine the yearly payment if Mr. Kofilala takes a loan of 30,00 ghana cedis for 10 years with an…

A: Consider the given information. P=30,000 ghana cedis, r=0.5% per month, t=10 years. The continuous…

Q: If an amount of $1521 is borrowed at a simple-interest rate of 9% for 6 years. Then the…

A:

Q: What cash payment is equivalent to making payments of ​$1536.00 at the end of every six months for 8…

A:

Q: An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be…

A:

Q: Given a principal of Php. 100,000.00 payable for 2 years at 3% compounded quarterly. What is the…

A: Interest per conversion period is given by annual interest rate divided by number of periods Here…

Q: Suppose that a student borrows $5000 at the start of their senior year of college. With a nominal…

A: The quarterly interest payment is calculated by multiplying the amount borrowed by the quarterly…

Q: 15.) Find the APR to the nearest half-percent on a $3700 loan that is repaid at 7% add-on interest…

A: answer is in next step

Q: What is the present value of a loan when a monthly payment of P3, 250 is needed to extinguish for…

A: To solve the given problem we shall use the following formula…

Q: Mr. Cruz obtained a 16-year mortgagee for 3,592,974. If this monthly payment is 17,520 how much is…

A:

Q: What is the monthly payment on a 30-year mortgage of $80,000 at 9% interest? What is the monthly…

A:

Q: Find the balance in an accou interest rate of 3.8% per yea

A:

Q: Find the mortgage payment for a 15-year loan of $223,300 at an annual interest rate of 8.25%. (Round…

A: n =12  t =15 A = $223300  r =8.25%.

Q: a.) How much should Mr. and Mrs. Reyes deposit if they want to have Php 800,000 that will be used…

A: As per our guidelines we are supposed to answer only one question. Kindly repost other question as…

Q: 1. A bank charges 12% simple interest on a P300.00 loan. How much will be repaid if the loan is paid…

A:

Q: Find the maturity value and the amount of simple interest earned. Round to the nearest cent. 2)…

A: Recall the following fact.

Q: Consider a home mortgage of ​$150,000 at a fixed APR of 4.5​% for 15 years. b. Determine the…

A: We will find the answers to all the parts as following.

Q: If a loan of P45, 000 will amount to P76, 400 when converted quarterly for 3.25 years . what…

A:

Q: 1. At 10% interest rate, how much should you invest today to be able to withdraw Php10,000.00…

A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

Q: () A loan of P50,000 is made for a period of 20 months, at a Simple interest rate of 20% ,what…

A: