If P15,000 is invested in a bank today with a simple interest rate of 9% annually, how much will it become after seventeen months?

Q: Find the amount at the end of two years and seven months if P1000 is invested at 8% compounded…

A: Interest is the amount paid in excess of the principal amount by the borrower to the lender. There…

Q: Determine the current amount of money that must be invested at 12% nominal interest, compounded…

A:

Q: How much will be at the said account three years after the last deposit? If you make six consecutive…

A: Given Information: Annual deposit, A = $2000 Interest rate = 10%

Q: Find the present worth of a perpetuity of P 13,500 payable quarterly if money is worth 12%…

A: The term perpetuity means a number of equal payments of money for an indefinite period of time…

Q: Money borrowed today is to be paid in 6 equal payments at the end of six quarters. If the interest…

A: As the interest rate compounded quarterly we need to divide the interest rate by 4. And will use

Q: At an interest rate of 10% compounded continuously, how will be a deposit of P15,000 be in 15 years.…

A: Here we calculate amount will be deposit with continuous compound , so calculation as follow-

Q: A man borrowed from a bank under a promissory note that he signed in the amount of P60,000 for a…

A: Here the values given are as follows:- Amount Applied = 60000 Amount Received = 50150 Other fees =…

Q: A manufacturing firm wishes to give each 80 employees a holiday bonus. How much(P) is needed to…

A: Interest on interest, or compound interest, is the adding of interest to the principle sum of a loan…

Q: If $4,000 is invested now, $ 7,000 two years from now and $7,000 four years from now at an interest…

A: When you earn interest on a balance in an exceedingly savings or investment account, the interest…

Q: What quarterly payment is required over 15 years to equate with a future amount P150,000? Assume…

A: Answer: Compound interest is a calculation of the principal amount also the interest accumulated in…

Q: Please provide COMPLETE and CLEAR SOLUTION. 5. If the sum of P12,001 is deposited in an account…

A: In case of Compound Interest, interest is added to the initial investment. As a result the person…

Q: How much money would you have to deposit for five consecutive years starting one year from now if…

A: Answer in Step 2

Q: Determine the amount needed now to purchase a machine for P100,000, provide an annual fund of…

A: Given, The initial Cost of the Machine = P100,000 Annual Cost of the Machine = P 15,000 Discount…

Q: What is the annual rate of interest (in %) if P732 is earned in 9 months on an investment of…

A: The formula used is: SI=P×R×T100

Q: Find the present worth of perpetuity of P 6,000 annually with an interest rate of 12% annually if…

A: Present value of of perpetuity is calculated by ICFr, where ICF is the identical cash flow and r is…

Q: How long will it take for P1,000.00 to amount to P1,346.00 if invested at 6% compounded quarterly?

A: According to the formula of compound interest rate we get: A=P(1+rn)nt Here A=P1,346.00 P=P1,000.00…

Q: What is the annual rate of interest (in %) if P275 is earned in 10 months on an investment of…

A:

Q: A man wants to make 14% nominal interest compounded semiannually on a bond investment. How much…

A: Given: Interest rate=14% Coupon rate=12% Price of bond=P 10000 Maturity=20 years Duration=Semi…

Q: A person deposited P1,000 in a 2% account compounded continuously. In a second account, he deposited…

A: Given Information A1 = 1,000e0.02t A2 = 500e0.08t If A1 = A2 Then, 1,000e0.02t = 500e0.08t 2= e0.08t…

Q: Suppose that a man lends P50,000 for four years at 12% per year simple interest. At the end of the…

A: Given that, Initial money (p) = 50,000 Time period (n)  = 4 years  Simple interest rate (r) = 12%

Q: What payment X 10 years from now is equivalent to a payment of P 1,000 6 years from now, if interest…

A: Given information, Present value: P1,000 (6 years from now) Interest rate: 15% Time period: 4 years…

Q: It is said that a lump-sum amount of $50,000 at the end of five years is equivalent to an…

A:

Q: A construction company buys a tractor, paying $10,000 in cash and agreeing to pay $5,000 every six…

A: Dear Student, I understand you need this answer without excel but the calculation is not possible…

Q: An amortization of a debt is in a form of a gradient series of P5,000 on the first year, P4,500 on…

A: Given: Gradient series: 1st year=P5000 2nd year=P4500 3rd year=P4000 4th year=P3500 Interest rate=5%

Q: Suppose that an investor wishes to deposit an amount now so that in 30 years $1,000,000 will be in…

A: Let the amount deposited now be represented by P. Let F represents $1,000,000 which appears to be in…

Q: You deposit $100 today, $200 one year from now, and $300 three years from now. How much money will…

A: Cash flow refers to the quantity of cash or cash-equivalent that a corporation gets or expends as…

Q: At a certain interest rate compounded semiannually, P10,000 will amount to P30,000 after 15 years.…

A: Given the present value = P10000 Future value or the value after 15 years = P30000 First, we have to…

Q: What is the present value or price of a 10 year P20,000 annuity with an interest rate of 5%

A: Annuity is the series of Equal amount payment in equal interval . And it is not given that annuity…

Q: If an amount of P6,041.72 is deposited into a savings account at an interest rate of 0.187, with 8…

A: Compounding period means the time period that times interest will be calculated in a year . For…

Q: Suppose that the interest rate is 10% per year, compounded annually. What is the minimum amount of…

A: Compound interest (also known as compounding interest) is the interest on a loan or deposit that is…

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

A: Given that: Future Worth (A) = 25000Interest Rate (r) = 8% or 0.08Time(t) = 10 months or (10/12)…

Q: What single payment at the end of year 5 is equivalent to an equal annual series of payments of P800…

A: Future Value: The value of a current asset at a future date based on an assumed rate of growth is…

Q: Suppose that, to cover some of your college expenses, you are obtaining a personal loan form your…

A: The expense of getting can come in many structures. It is consistently to the greatest advantage of…

Q: You borrowed money today to be paid in 8 equal payments at the end of 8 quarters. If the interest…

A: In the financial world, "principal" is a term that can mean various things. When referring to a loan…

Q: Money borrowed today is to be paid in 6 equal payments at the end of 6 quarters. If the interest is…

A: Given that: i = 0.124 = 0.03n = 6A = 200000to find: P = ? P = A1+in-11+ini

Q: Suppose that the interest rate is 10% per year, compounded annually. What is the minimum amount of…

A: Compound interest formula: CI = P(1 + r / n)nt - P Where CI is compound interest  P is Principal,…

Q: Find that how much must be invested at the end of every year at 11% so that $15,000 will be…

A: Given: Future Value (F.V.) = $15,000 Annual interest rate (r) = 11% = 0.11% Time in years = 5 years…

Q: What amount should be deposited at 6% in order to withdraw out P400 at the end of each year for…

A: Interest rate = 6% Amount withdraw = 400 each year time = 7 years

Q: If the nominal interest rate is 5%, how much is P2,000 worth in 10 years in a continuously…

A: A = Pert Where P is principal amount r is interest rate t is time period e ~2.71

Q: What is the equal-payment series for 10 years that is equivalent to a payment starting with Php…

A: Amount of the Present Worth of the Equal-Payment Series This investment strategy aims to calculate…

Q: An advertisement of an investment firm states that if you invest P500 in their firm today you will…

A: Given Initial Deposit D=$500 Future Value FV=$1000 Number of years =4.5

Q: find the solution 4.   An annual deposit of P 1,270 is placed on the fund at the end of each year…

A: To find the worth of fund after 9 years we calculate the future value of annuity payments to the…

Q: Suppose that the interest rate is 10% per year, compounded annually. What is the minimum amount of…

A: please find the needed answer below.

Q: What is the future worth of an equal-payment series of $5,000 per year for ten years if the interest…

A: The future value of an investment is the compounded value of the investment which is compounded on…

Q: What is the equal payment series for 10 years that is equivalent to a payment series of P12,000 at…

A: The present value (PV) of the future cash flow can be calculated by the following formula: i=8%…

Q: What payment ten years from now is equivalent to P1,000 six years from now if the interest rate in…

A: Let P is the unknown amount 10 year from now. A. Compounded Annually. P/(1+0.15)10 = 1000/(1+0.15)6…

Q: If money is worth 6% compounded annually, what payment 12years from now is equivalent to a payment…

A: Given information is: Interest rate: 6% compounded annually Value of payment after 9 years:…

Q: how much money must you deposit today to an account earning 12% so that you can withdraw P25,000…

A: Present value means the current value of the assets or a future sum of money.

Q: An individual wants to have P2,000 at the end of three years. How much would the individual have to…

A: The individual wants to have a net of ₱2000 at the end of 3 years from now.  He has to pay a ₱250…