If a loan of P45, 000 will amount to P76, 400 when converted quarterly for 3.25 years . what interest rate took effect?

Q: Find the present value of an annuity-immediate which pays 1 at the end of each half-year for five…

A: Solution:-

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

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Q: What is the continuous interest rate on a loan for $9,000.00 with a term of 4 months and a future…

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Q: A $3,000 demand loan was advanced on September 30. Fixed monthly payments of $1000 were required on…

A: Answer: $ 3016.88

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: What amortization payment (in $) would you need to make each month at 24% interest compounded…

A:

Q: Find the present value of an ordinary annuity with regular quarterly payments worth P1,000 at 3%…

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

Q: If the proceed of a loan of P25,000.00 will be paid with P27,000.00 at the end of 1 year and 3…

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Q: If a loan is to be repaid in 4 years making semi-monthly payments, how many payments will be made?

A: Given that a loan repaid in 4 years. And making semi-monthly payments. We have to find How many…

Q: Find the present value of an annuity of $1,800 at the end of each quarter for 8 years after swing…

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Q: The sale of a property provides for payments of $6,000 due at the beginning of every three months…

A: Quarterly payment =$6000 Quarterly rate =2.266917% The effective rate for 3 months 1+0.09123 Number…

Q: Calculate the present value of a loan that could be cleared by payments of $3,400 at the end of…

A: This is the problem of financial math.

Q: If Nerissa’s savings deposit yields 5%compounded quarterly, should shechange her investment to a…

A: According to the question we have to check the net multiplying factor.

Q: A $18,000 loan is to be amortized for 10 years with quarterly payments of $687.19. If the interest…

A: Given Data: P=Loan amount/ Principal=$18000 R=Rate of interest= 9% N= Number of monthly…

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

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Q: What interest rate was applied if a loan of P54, 300 will amount to P83, 000 after 2 years and 6…

A: We need to find the interest rate applied if a loan of P54, 300 will amount to P83, 000 after 2…

Q: A loan, amortized over 5 years, is repaid by making payments of $1,900 at the end of every month. If…

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Q: A debt of $6000 is to be amortized with 8 equal semiannual payments. If the interest rate is 12%,…

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Q: What amount should be paid on the maturity date to settle a one-hundred-twenty day loan dated March…

A: Given :-  If the present value is P 15,600 at 13 27% simple interest. To Determine : - An amount…

Q: A loan, amortized over 7 years, is repaid by making payments of $1,600 at the end of every month. If…

A: Complete solution is below

Q: 4. A consumer loan of P80,000 is obtained that is due 3 months from now. If interest  rate is 8%…

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Q: Today, Lucia made a down payment of ₱125,000.00 for the purchase of a new automobile. If she is…

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Q: An initial investment of $10,900 was deposited into a term deposit on July 11th. If the interest…

A: Find the maturity value

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: Suppose you want to purchase a $160,00 house. If you put 20% down and finance the rest in a 20 year…

A: # Given: principal amount P=$16000 With 20% down payment  Interest rate r=0.04125 per year  With 20…

Q: Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12%…

A: To find The amount of an ordinary annuity.

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: A relative wills you an annuity paying $4,000 per quarter for the next 10 years. If money is worth…

A: We have given the value of each payment i.e  P= $4000 Rate of interest   (r) = 8%  Total year is 10…

Q: 8. A loan of 67,000 pesos is to be amortized by paying quarterly in 1 year. If the money is worth…

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Q: The Tomac Swim Club arranged short-term financing of $15,600.00 on July 19 with the Bank of Commerce…

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Q: Suppose that an annuity has a present value of P = 1 million dollars. What interest rate r would…

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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: An employee is entitled to a 10 yearly grant of 25,000 pesos each starting at the end of the…

A: In  the question it is given that an employee is entitled a 10 yearly grant of 25,000 pesos starting…

Q: Find the present value at 8% simple interest of a debt RM4 000 due in 9 months. O RM3774.48…

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Q: A debt of $8000 is to be amortized with 10 equal semiannual payments. If the interest rate is 9%,…

A: Given the debt amount $8,000. Number of payments is 10 equal payments (Semiannually). Rate of…

Q: A certain annuity pays P 80 at the end of every 3 months for 12 years. If the present value of the…

A: we have  i=effective rate for every 3 months n= number of 3 months periods present value of annuity…

Q: What is the present value of an annuity that consists of 30 monthly payments of $300 at an interest…

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Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

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Q: A loan, amortized over 5 years, is repaid by making payments of $600 at the end of every month. If…

A: Loan payment formula: P=PMT[1-(1+rn)-ntrn] where,p=principaPMT=payment r=APR t=number of year…

Q: A bond issue is approved for building a regular payments of $96,000 every quarter into a sinking…

A: Given: To find the interest and amount how much will the city have to pay, The given details: i =…

Q: What amortization payment (in $) would you need to make each month at 24% interest compounded…

A: Given information PV=$17,000 Rate of interest r=24% Since, interest is compounded monthly Hence,…

Q: A debt of $8,800 is to be amortized with 8 equal semiannual payments of $1,417.12. If the annual…

A: SOLUTION-

Q: A bond that has a face value of $2,000 and coupon rate of 4.10% payable semi-annually was redeemable…

A: answer is in next step.

Q: If a loan P120, 000.00 is to be amortized for 2 years at 12.5% interest compounded monthly, how much…

A: The monthly payment amount can be defined as follows:

Q: Find the present value of an annuity-immediate that lasts five years and pays $3,000 at the end of…

A: To find the present value of annuity - immediate that last five years. To find this, we first…

Q: Determine the simple interest rate at which $10,000 will grow to $10,500 in 10 months. 7.5 years…

A: In problem A Given that, P=$10,000 t=10 months I=$500  (10500-10000)  we have to find interest rate.

Q: What is the annual amortization of a 7% loan of P1.5M that is paid back in five annual end-of-period…

A: In the given problem we have to find the annual amortization of a 7% loan of  1.5M peso that is paid…

Q: You are considering taking out a loan of $10,000.00 that will be paid back over 8 years with monthly…

A: L=PMT1-1+rn-trn PMT=135.84 n=12 for monthly payment r=6.9%=0.069 here we need to find the unpaid…

Q: Find the simple interest on a loan of P65,000 if the loan is given at a rate of 20% and is due in 3…

A: Since you have posted multiple questions and we can answer one question. So, answering the first…

Q: Suppose that an annuity will provide for 20 annual payments of 1540 dollars, with the first payment…

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Q: If a 12-day single payment loan has a periodic interest rate of 11.2%, what is the approximate APR…

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Q: A loan of P 50,000 is-to be amortized by paying quarterly in 1 year. If money is worth 10%…

A: Since you have posted multiple questions and we can answer one question. So, answered question…