How much is the principal invested in the bank since a certain amount of money deposited in the bank with a 2-year maturity with an annual interest rate of 30% brings interest up to 6,000 Lira at the end of the term? A) 20.000 B) 15.000 C) 25.000 D) 30.000 E) 10.000

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A: In this we have to calculate present value of cash flow withdrawal.

Q: If P10,000 is deposited in a bank for 10 yrs at an interest rate of 7% compounded quarterly,…

A: Deposit = 10,000 Nominal Rate = 7% Compounded Quarterly Number of compounding periods = 4

Q: You borrowed money from the bank with a simple interest 8%, find the present worth of P25,000, which…

A: In Simple Interest Case, FV = PV + (PV x r x n) FV = PV x {1 + (r x n)} Therefore, PV = FV / {1 + (r…

Q: How much interest is earned in 5 years on P50,000 deposited in a bank paying 3% interest per annum,…

A: Compound Interest: It is the interest on a deposit or loan computed based on the initial principal…

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A: Compound Interest Compound Interest refers to the interest generated on principal as well as on the…

Q: What lump sum of money must be deposited in a bank account at present time so that P 500 monthly can…

A: An annuity is a sequence of payments or deposits occurring at equal intervals of time for a given…

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A: Note 1)It is a case where no sub-part is specified to solve among the multiple sub-parts posted, so…

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A: Effective annual interest rate If the interest rate has compounding other than annually, the…

Q: To establish a "rainy day" cash reserve account, a certain company deposits $12,000 of its profit at…

A: The question is based on the concept of Annuity.

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A: The periodic payment would occur on each quarter then, first of all, we have to calculate the…

Q: Question 1 NewBank started its first day of operations (1 April, 2021) with $6 million in capital.…

A: Answer -  Part 1 -     Assets   Amount   Working   Liabilities   Amount   Working   Required…

Q: Consider the following Balance Sheet for Forward Thinking Commercial Bank(FTCB) (in millions)…

A: Net Interest Income (NII) Net Interest Income is the difference between the amount of total…

Q: a. A bank must collect to a man from his debt a sum of ₱10,000.00 at the end of 8 years. The debt is…

A: Because you have posted multiple questions, we will answer the first question only, for the…

Q: What is the total interest / dividend amount to be repaid at the end of 1 year for a loan of 200 000…

A: simple interest formula: interest = principal×rate×time

Q: . What lump sum of money must be deposited in a bank account at present time so that Php 500 monthly…

A: Monthly withdrawal (M) = Php 500 after 6 years (72 months) Number of withdrawals (n) = 5 years = 60…

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: A corporation deposits $20 million in a money market account for 1 year. What will be the difference…

A:

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A: Effective Interest Rate: It refers to the annual rate of interest provided the effects of…

Q: 1. A man deposit 50, 000 in a bank account at 6% compounded monthly for 5 years. If the inflation…

A:

Q: compute the initial value of the money if the borrower needs deposit the accumulated amount of…

A: With the application of time value of money, we can compute the initial deposit which will become $…

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A: Interest rate (r) = 9% per annum = 2.25% per quarter Quarterly deposit (Q) = P 5000 n = 10 years =…

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A: A bank is a financial institution that provides loans and borrowings to the borrowers or the…

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A: in this we have to find present value FACTOR and find quarterly payment and solve remaining part.

Q: 1- Find the accumulative amount in a bank by down payment of 500000 ID now and ten cqual payments at…

A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…

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A: The effective annual rate (EAR) is the actual rate of interest after taking the compounding effect…

Q: $100 is deposited in the bank and remains in the account for three years, earning 6% per year with…

A: Here, Initial Deposit Amount is $100 Interest Rate is 6% Interest Method is Simple Interest Method.

Q: A bank bill with a face value of $250,000 was issued today and it matures in 60 days' time. If…

A: Present value is referred to as the current value of the future sum of the funds/cash flows stream…

Q: Assume that a bank has lent a firm a P 200,000 for 60 days at 10% interest. The loan is discounted,…

A: Principal amount (P) = P 200,000 Interest for 60 days (I) = P200,000 x 10% x 60/360 days = P3,333…

Q: Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in years…

A: Given amount of deposit = $1,000 Rate of interest = 6%

Q: A bank promises to pay an interest rate of 13.9 percent compounded quarterly. What is the effective…

A: Using excel effective rate formula

Q: stomer wishes to have an amount of R300 000 at the end of 10 years. The bank pays an interest rate…

A: The given problem can be solved using PV function in excel. PV function computes present worth for…

Q: 1. The Lexington Property Development Company has a RM10,000 note receivable from a customer due in…

A: Present value is the value of an investment in today’s time. It helps to make decisions better.

Q: What lump sum of money must be deposited into a bank account at the present time so that $500 per…

A: The regular or lump-sum amount that is received or paid after a specific time period rather than…

Q: Suppose that you make 12 equal annual deposits of Php 2,000 each into a bank account paying 8%…

A: Annual deposit (P) = Php 2,000 Annual interest rate (R) = 8% Number of annual deposit (N) = 12

Q: You borrow 180000 for 12 years from a bank in order to renovate your flat. The effective interest…

A: Loan Amount = 180,000 Time Period = 12 years Interest Rate = 4.8%

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A: Simple Interest: When at the time of returning the loan to the bank, we have to pay back an amount…

Q: A bank features a savings account that has an annual percentage rate of r=3.4% with interest…

A: The compound value of money can be depicted as the amount of interest generated on interest earned…

Q: A bank offers a lending rate of 10% p.a. compounded quarterly. What figure would they quote if they…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

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A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: Question 1 NewBank started its first day of operations (1 April, 2021) with $6 million in capital.…

A: Reserves = 8% of $100,000,000=$8,000,000 Interest received on Commercial loan for months April thru…

Q: Suppose that $1,500 is placed in a bank account at the end of each quarter over the next 20 years.…

A: Use the following formula to calculate the effective interest rate (EIR). Where i is the effective…

Q: A bank offers and investment account that has an annual interst rate of 9.9%, compounded quarterly.…

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

Q: What lump sum of money must be deposited in a bank account at present time so that Php 500 per…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: $2500.00 is invested in an account with a 3.1% interest rate that is compounded quarterly. How much…

A: The money at the end of one year can be computed using the Future Value Formula.

Q: at Php2

A: Given information :

Q: 20. If regular monthly deposits of P3,850 in a savings account amounted to P105,000 after! years,…

A:

Q: Question 1 NewBank started its first day of operations (1 April, 2021) with $6 million in capital.…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: A banks lends a customer OMR 6,000. At the end of 9 years he repays this amount plus interest. The…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is the amount of ten equal annual deposits that can provide five annualwithdrawals, where the…

A: Present value of the amount that is expected to be receiving in some future date is the current…