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- A house and lot can be acquired by a down payment of P 500,000 and a yearly payment of P 100,000 at the end of each year for a period of 10 years, starting at the end of 5 years from the date of purchase. If money is worth 14% compounded annually, what is the cash price of the property?4. 13. What payment X 10 years from now is equivalent to a payment of P500,000 7 years from now, if interest rate is 12% compounded semi-annually?How much must I invest today (September 21, 2022) to have P170,000 on January 4, 2024 at 2% compounded quarterly?
- An investment of P50,000 is made at the beginning of each month for 5 years. How much will the investment be at the end of the term, if interest is 7% compounded monthly? A.P3,505,944.00 B.P3,600,526.35 C.P3,649.020.00 D.P3,552.839.24A house and lot can be acquired by a down payment of P500,000 and a yearly payment of P100,000 at the end of each year for a period of 10 years, starting at the end of 5 years from the date of purchase. If money is worth 14% compounded annually, what is the cash price of the property?How much money would you have to deposit for five consecutive years starting one year from now if you want to be ablet o withdraw P50,000 ten years from now? Assume the interest is 14% compounded annually. Create the cashflow A. P5,298.60 C. P4,289.60 B. P3,928.60 D. P3,298.60
- A grove of mango trees is expected to yield P15,000 a year for 25 years after the tree come into full bearing. Find the present value of the entire expected yield at an interest rate of 7% per year compounded semi-annually, assuming the first income of P15,000 to be due at the end of 5 years?a debt of $6000 due in four years and $7000 due in five years is to be repaid by a single payment of $5500 now and two equal payments that are due each consecutive year from now. If the interest rate is 16% compounded annually, how much are each of the equal paymentsFind the present worth of a future payment of P100,000 to be made in 10years with an interest of 12% compounded quarterly. Group of answer choices 30,444.44 33,000.00 30,546.01 30,655.68
- solve and show steps, please (i) What rate of interest compounded annually is needed to make an investment of $6,500accumulate to an amount of $7166.25 at the end of two years?(ii) How long will it take for the initial amount to double, compounded annually at the rate in (i)above?1. What is the present worth of P500 deposited at the end of every 3 months for 6 years if the interest rate is 12% compounded semi-annually? 2. Determine the present value of a perpetuity of P 100,000 payable annually, with the first payment due at the end of 10 years. Money is worth 10%. 3. How much must be deposited at 6% each year beginning on January 1, year 1 in order to accumulate P5,000 on the date of the last deposit, January 1, year 6.You received a credit card application from Sun Bank offering an introductory rate of 3% per year compounded monthly for the first six months, increasing thereafter to 18% compounded monthly. This offer is good as long as you transfer your current debt from your existing card. Assuming that you will transfer $5,000 balance, you will continue to make $150 monthly payment(without making any subsequent purchases), what would be the credit card balance at the end of the first year?