make your own given then answer the question) Ken plumbing wishes to pay off a debt of Php _______ in ____ years. What regular payment would they need to make if it is under ____% interest compounded _______?
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(make your own given then answer the question)
Ken plumbing wishes to pay off a debt of Php _______ in ____ years. What regular
payment would they need to make if it is under ____% interest compounded _______?
Step by step
Solved in 3 steps
- 22. A businessman borrowed P 10,000 with interest rate of 5% payable annually. The debt will be including interest by equal instalment at the end of each year for three years. Compute the annual payment.How long will it take a sum of money to double at 11% annual percentage rate? ANSWER: 6.64129- A company finances the sale of its machinery and equipment for a period of 24 months at an effective rate of 3.0% p.m. What is the monthly installment for a machine that costs R$50,000.00 in cash?
- Yasmeen purchased stock on January 30, 2017. If she wishes to achieve a long-term holding period, what is the first date that she can sell the stock as a long-term gain? a. July 31, 2017 b. July 30, 2017 c. February 1, 2018 d. January 20, 2018 e. January 31, 201803.04-PR008 You deposit $10,000 in a fund that pays compound annual interest equal to 3%. One year later the interest rate changes to 4%, 2 years later the interest rate changes to 5%, and 3 years later the interest rate changes to 6%. How much will you have in the fund after 4 years if you withdrew $2,500 at the end of each of the previous 3 years?What is a capital gain?
- Problem 9. You have $8430 in credit card debt. The interest rate on the unpaid balance is 27% compounded. You decide to pay off the debt in equal monthly payments at the end of each month. (i) What should the monthly payments be to have the account paid off at the end of 3 years? (ii) How much interest have you paid?2. Compare the choices between offshore branch and offshore subsidiary.Can you explain me what is the assets = capital + liabilities
- Q.No.03. Differentiate b/w Bond & Contract. How time management documents and schedules are made while making bid documents?What happened to question D? d. What is the accumulated value if the money is compounded continuously?Jennifer bought jshares of Keester's Koverups for ndollars last year. Her stock rose in price and eventually would earn her 120% capital gain. She decided to sell half of her shares. Represent the capital gain earned on each of the shares that were sold algebraically. a. 1.2n b. 0.5n C. 120j d.0.5j