Mr. Bilal owes Mr. AsadRs. 70,000 due in 7 years and Rs. 35,000 in 10 ½ years. How much should Mr. Bilal pay at the end of 9 years which may be acceptable to Mr. Asad if money is worth 8% compounded semi-annually?

Q: Atsushi Murasakibara owes a debt to a lending company of P30,000.00 due in 1 year and another…

A: Interest rate is 6.5% Compounded semi annually Amount due in 1 year is P30,000 Amount due in 4 year…

Q: Fasha borrowed RM3000 at 6% compounded semi-annually for four years. Find the amount of interest…

A: In the given problem we need to compute the amount of interest charged.

Q: 3. Gary and Sandra Duncan bought a property by making semi-annual payments of $4210.00 for 8.5…

A: Here, Semi-Annual Payments is $4,210 Payment Period is 8.5 years Interest Rate is 8.53% compounded…

Q: Alexander Michael owes P25,000.00 due in 1 year and P75,000 due in 4 years. He agrees to pay…

A: Amount owed in one year = 25,000 Amount owed in four years = 75,000 Amount paid today = 60,000…

Q: Looking for steps on how to solve it using: y=p(1+r/n)^nt

A: Introduction Future Value The value derived for the money invested today, based on the time value…

Q: A man bought a lot worth P1.4M if paid in cash. On the installment basis, he paid a down payment of…

A: Lot worth (X) = P 1,400,000 Payment today (P0) = P 200000 P1 = P 300000 P3 = P 400000 Final payment…

Q: CHALLENGE: James obtained a loan of P 50 000.00 for the tuition fee of his son, He has to repay the…

A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Mr. Shariq owes Mr. Farooq Rs. 7000 dues in 5 years and Rs. 15,000 in 7 ½ years. How should Mr.…

A: Future value of 7000 dues in 5 years at time 6 Future value = Present Value * (1+r)^n Where,  r =…

Q: Alexander Murils owes P 25,000 due in one year and P 75,000 due in 4 years. He missed these 2…

A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a…

Q: Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After…

A: given. r = 7.5% m=52 ( compounded weekly) pv = 25000 fv = 25000 x 2 = 50,000

Q: man deposit P 1,000 at the end of each month for 3 years at nominal rate 12% compounded monthly.…

A: Here we have to find the future value of the monthly deposits using the concept of time value of…

Q: Billy borrowed an amount of money from Kat. He agrees to pay the principal plus interest by paying…

A: Annual payment = P 38,973.76 Period = 3 Years Annual interest rate = 8% Quarterly interest rate =…

Q: A man deposited GH¢14100.00 at 8 % per annum compound interest. If at the end of 4 years, he…

A: given, pv= 14100 r1-4= 8% n = 7 r5-7= 12%

Q: John borrowed P15,000 for 2 years and 6 months, with simple interest at 9%. How much does he owe at…

A: Simple Interest = P * R *TP = Principal = P15,000R = Rate of Interest = 9%T - Time = 2 years 6…

Q: 5. Jonaa has borrowed P 30000 in 1 year and P 80000 due in 5 years. He has to pay P 50000 today and…

A: The concept of the time value of money (TVM) asserts that money is worth more now than it will be…

Q: Mr. Shariq owes Mr. Farooq Rs. 7000 due in 5 years and Rs. 15,000 in 7 ½ years. How much should Mr.…

A: The present value represents the present value of future cash flow in terms of money.

Q: Cynthia made equal payments of RM300 every month for two years at 12% interest compounded monthly.…

A: Answer  Equal payment Monthly = RM300 Interet rate = 12%  Monthly rate 12% / 12 = 1% Total months =…

Q: 3. Kidoh paid a 12% down payment of P250,000 for a house and lot, and agreed to pay the balance of…

A: Equated monthly instalment is related to payments, and is used to make payments for repaying an…

Q: Question 7 of 16 Erin purchased a house for $375,000. He made a downpayment of 20% of the value of…

A: Purchased a house - $375,000 Downpayment - 20% of the value of the house Mortgage for the rest of…

Q: Mr. Bilal owes Mr. Asad Rs. 70,000 due in 7 years and Rs. 35,000 in 10 ½ years. How much should Mr.…

A: Calculating future value of 70,000 at time 9 Future Value = Present Value * (1+r)^n Where, r = rate…

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

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

Q: 7. Michael deposited and mvested P 200,000 for 2 years at 6 interest compounded quarterly. How much…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Mr. Shariq owes Mr. Farooq Rs. 7000 due in 5 years and Rs. 15,000 in 7 ½ years. How much should Mr.…

A: Given information: Present value of 7,000 due in 5 years Future value of 15,000 due in 7.5 years

Q: Mr. Palting deposited P100,000 on a bank bearing an interest of 12% compounded quarterly. At the end…

A: Initial deposit = P 100,000 Annual deposit after the end of year 5 = P 30,000 Annual interest rate =…

Q: Lance borrowed an amount of money from a lender. He agrees to pay the principal plus interest by…

A: Annual Payment = 39,973.76 N = 3 Interest rate = 8% Compounded quarterly Number of compounding…

Q: Q.harry and Potter bought a property by making semi annual payments of $3210.00 for 8.5 years. if…

A: Effective annual rate of interest is the interest rate on which a borrower actually makes loan…

Q: Mr. Rafiq owes Mr. Ahmed Rs. 7000 to be due in 5 years and Rs. 15,000 to be due in 7 ½ years. How…

A: Total amount Mr. Rafiq pay at the end of 6 years =Worth of $7,000 in year 6 + Worth of $15000 in…

Q: A man loans P187,400 from a bank with 5% compounded annually. He agrees to pay his obligations by…

A: Loan amount (PV) = P 187,400 Interest rate = 5% First payment period (t) = 10 years Number of annual…

Q: 3. Rey borrowed P 40,000 at 12 % compounded semiannually. He agreed to pay the lender semiannually a…

A: When a lender gives the money he will charge interest as returns. Semiannual interest payment means…

Q: Dave owes $40,000, due with accumulated interest at the rate (.06, m = 4) at the end of 5 years and…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: 3. Timmy borrows $10,000 and agree to make annual payments for five years (beginning one year after…

A: Borrowed amount = $10,000 Interest rate = 0.07 First payment = $1,000 Second payment = $2,000 Third…

Q: Kate owes P120 000 due in 4 years plus the accumulated interest from today at 13% compounded…

A: Loan amount today (L) = P 120000 Loan amount is due in 4 years. r = 13% per annum = 3.25% per…

Q: Deferred Annuity and Annuity Due To pay for a farm, Berti has to make equal payments of P135,900.00…

A: Annuity due is the series of equal payments that are made at the beginning of each of the period.…

Q: Mrs. Tina bought properties that will amount to P 223,200 in two years and P 450,000 in six years.…

A: Amount in two years is P223,200 Amount in six years is P450,000 Paid Amount today is P340,000…

Q: Citari took a personal loan of RM10,000 and paid equal monthly payments for five years at an…

A: A loan amount represents a sum of money borrowed by one person from another. In a loan agreement,…

Q: PART B.) George is loaned $100,000 in Year 0. Approximately (round up to the nearest year) many…

A: Computation:

Q: at the payment. 5. Mr. dela rosa borrowed from his friend P 250,000.00 He promised to pay the amount…

A: Borrowing = 250,000 Time Period = 5 years × 4 = 20 Quarters Interest Rate = 15% / 4 = 3.75% per…

Q: A man deposits P 1,000 at the end of each month for 3 years at a nominal rate of 12% compounded…

A: Future Value The future value is the amount that will be received at the end of a certain period.…

Q: A man paid 10% down payment of P200,000 for a house and a lot and agreed to pay the balance on…

A: Down payment = P 200,000 Down payment ratio = 10% Cash price = Down payment/Down payment ratio…

Q: 3. Aljon loans P417,800 from a bank with interest at 15% compounded annually, he agrees to pay his…

A: In the above question we are given loan from bank=417800 Interest rate =15% number of years =10 We…

Q: Mr. Aragon loans P200,000 from a bank with interest at 6% compounded annually. He agrees to pay his…

A: Loan amount = P 200,000 Annual interest rate (R) = 6% First payment year = 10th year end Value of…

Q: Mr. Rabutan borrowed P150,000. He agrees to pay the principal plus interest by paying an equal…

A: The payment of equal amounts at equal intervals for a definite period at a specific interest rate is…

Q: 3. Maricel borrows P 10 000 with interest at 15% compounded monthly. How much should she pay at the…

A: Given data, Initial amount (p) = 10000 interest rate = 15% it is compounded monthly , so monthly…

Q: 5. Čarl borrowed 100 000. He agrees to pay the principal plus interest by paying an equal amount of…

A: Annual Loan Repayments shall comprise of both Interest and Principal repayment of the loan. It shall…

Q: Odysseus buys an Odyssey for $45,000.00. He pays $5000.00 down and the remainder in equal monthly…

A: (Note: Since you have posted multiple subparts questions, we will solve the first three sub-parts…

Q: 5) Bozo owes $4000 due in one year and $8,000 due in six years. Bozo is allowed to pay off both…

A: The amount of payment will be the value of the loan amounts at the end of 4 years.

Q: 1. Erika Joy borrowed P7,777.00 to be paid after 2.5 years with interest at 15% compounded…

A: Time value of money (TVM) refers to the method used to measure the amount of money at different…