HOW IS THE MONTHLY PAYMENT OF 350,00 LOÀN WHICH IS TO BE REPAID MONTHLY FOR 1 YEAR WITH AN INTEREST OF 10% COMPOUNDED ANNUALLY. CLUE n=12 SHOW AN AMORTIZATION TABLE

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A: Amount after 4 years = Php250000 Interest rate is 12% compounded monthly.

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A: We will find out the required value.

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A: We will find out the required value of equal size of payment.

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A: Problems related to compound interest with the given data

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A: it is known that  number of compounding factor = lengths of time ×4 given length of time = 4 years…

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A: By bartleby rules, only first question has been answered In order to save for her high school…

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A: Given: Albertina bought $13000 worth of law books and $7400 worth of furniture. She paid $1200 down…

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A: First we will find the future value of contribution of Arnie at the end of 11 years: Future value of…

Q: Kristy Joe deposits $150 each month in an ordinary annuity to save for a new car. If the annuity…

A: We will find out the required savings for given ordinary annuity.

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A: According to the given information,

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A: In total Peter paid = P50000  Time to pay back = 2.5 years Peter borrowed = P40000

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A: Cost of 1 cup of coffee is $4.35. Therefore, the total cost of coffee = $4.35×50=$217.5. This is the…

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Q: Q6: June Allyson made ordinary annuity payments of $15 per month for 16 years, earning 4.5% interest…

A: Given: A=$15i=4.5%per annum⇒i=4.5%12⇒i=0.375% per month⇒i=0.00375n=16 year×12 months⇒n=192 periods

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A: We will find out the required value.

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Q: I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I…

A: Here,  Pmt=15,000r=7.3%n=4t=10

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A: Write the loan formula and put the all given information and simply solve for the monthly payment.

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Q: To help pay for a class trip at the end of their senior​ year, the junior class at a high school…

A: Given information:Principal amount (P)= $1700Rate of interest (r)= 4.9% = 0.049Compounded monthly…

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A: Given that Mrs. Roxas would like to buy a television (TV) set payable monthly for 6 months…

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A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

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A: According to the company policy, we can answer only first question

Q: Mrs. David decided to deposit RM2 500 at the end of every year for 5 years in an account with a…

A: Mrs.David decided to deposit RM2500 at the end of everyyear for 5 years in an account with a…

Q: Grandparents plan to open an account on their grandchild's birthday and contribute each month until…

A:

Q: A man pays P 132,097  every end of six (6) months for a car bought on installment terms. If the man…

A: we will use present value formula.

Q: Bree has accumulated $151,578.48 in her retirement savings plan. She wants to purchase an annuity…

A: Given that, Bree has accumulated $151578.48 in her retirement savings plan. She wants to purchase an…