Ms. Newman had a P55,000 business loan that is to be paid in 8 months. If interest  rate is 12% compounded monthly, how much should be paid after 8 months?

Q: Jomai borrowed P6,666.00 to be paid after 2.5 years with interest at 15% compounded semiannually and…

A: Given: Jomai borrowed P 6666.00 for t=2.5 years and the interest rate 15%(compounded semiannually),…

Q: Suppose mr. Sison would like to save P5,000 every month in a fund that gives 9% compounded monthly.…

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Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

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Q: 18. Rommel borrows P20,700 and promised to pay the principal and interest at 12.5% compounded…

A: The formula for the amount using compound interest is A=p(1+rn)nt. Here, p is the principal, r is…

Q: 5. What sum must be deposited today at 18% per year compounded monthly if the goal is to a compound…

A: According to the question: Given   that,Rater=18  %=18100=0.18Compounded  monthly⇒n=12A=50000Time…

Q: hoi Home Repair needs to accumulate $26,000 in 6 years to purchase new equipment. What sinking fund…

A: .

Q: If $88,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The present value of annuity that invested is given as, An=$88000 The quarter of a year means 4…

Q: 1. A manufacturer of toilet flush valves wants to have P15,000,000 available 10 years from now so…

A: If an amount P is deposited at intervals into an account with interest rate per interval as r, then…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A:

Q: if you deposit $250 into an account that earns 4.8% interest compounded monthly, c)How much will you…

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Q: 1. Jamie is saving ₱10,000 at the end of each month. How soon can she retire if she wants to have a…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: The terms of a single parent's will indicate that a child will receive an ordinary annuity of…

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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: 1. Shirly started to deposit 18,000 semi-annually in a fund that pays 5% compounded semi-annually.…

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Q: 14. Jeanine plans to deposit $875 quarterly for 3 years, into an account. With an interest rate of…

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Q: 1.If P400,000 is deposited at a rate of 11.25% compounded monthly. Determine the compounded interest…

A: We will solve the problem

Q: If $88,000 is invested in an annuity that earns 5.9%, compounded quarterly, what payments will it…

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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: 2. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P 18o,…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: You are considering taking out a loan of $7,000.00 that will be paid back over 12 years with…

A: To find the unpaid balance

Q: u are considering taking out a loan of $20,000 that would be paid back over seven years with monthly…

A: Given: Loan amount = $ 20, 000 Monthly paid amount  = $ 289.30 over 7 years interest rate = 5.7%…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A:

Q: With a present value of $125,000, what is the size of the withdrawals that can be made at the end of…

A: PV = 125000 n = 10year = 40 quarters r = 0.079/4 = 0.01975

Q: #2 Isaac invested $77,000 in an account paying an interest rate of 4.6% compounded quarterly.…

A: We have to find amount

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

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Q: Jackson deposits $50 at the end of each month in a savings account earning interest at a rate of…

A: Saving plan Formula :F=PMT1+rnnt-1rnwhere F = future valuePMT = Periodic paymentr = annual…

Q: If $86,000 is invested in an annuity that earns 5.8%, compounded quarterly, what payments will it…

A: Given: If $86,000 is invested in an annuity that earns 5.8%, compounded quarterly, To find: what…

Q: What interest will be earned if $4,800 is invested for 7 years at an annual rate of 12% compounded…

A:

Q: What amount should a person deposit today in a bank investment that pays 1.13% per month compounded…

A: Let the current funds deposited be X. Now expressing the question as an equation  Current…

Q: (A) What is the present value of an annuity that pays $X per month for 10 years, where X is 2082 if…

A: Here we use geometric series formula.

Q: Harry is 30 years old and plans to retire at age 70 years with $1,200,000 in his retirement account.…

A: We have given A=$1,200,000  ,r=2.75% t=70-30=40 years compounded quartly (n)=4we know the formula…

Q: Emily Dorsey's current salary is $68,000 per year, and she is planning to retire 18 years from now.…

A: Given: Salary of Emily is $68,000 per year, she will retire after 18 years, annual increase in…

Q: Josh is planning to withdraw $8000 from a savings account at the end of each quarter for 3 years. If…

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Q: A man pays P 103,869 every end of six (6) months for a car bought on installment terms. If the man…

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Q: 4. Brian wishes his son to receive P500,000.00 twenty years from now. What amount should he invest…

A: Brain wishes fis son to receive P500,000.00 twenty years from now.

Q: How much should be invested in an account paying 9% compounded daily for it to accumulate to $5,000…

A: How much should be invested in an account paying 9% compounded daily for it toaccumulate to $5,000…

Q: On January  1,  2008, Gabe borrowed P12,000 and agreed to repay it with P4,473.60 interest. If the…

A: Given that, On January 1, 2008, Gabe borrowed P12,000 and agreed to repay it with P4,473.60…

Q: 4. What principal must be deposited in a 4.5% saving account compounded monthly in order to have a…

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Q: If $14,000 had been invested in the Fictitious Fund on June 30, 1995, then on June 30, 2005, the…

A: The future value of the initial investment P after t years when interest is compounded annually at…

Q: A yearly payment of ₱50,000 is due at the start of each year for 10 years for an insurance worth…

A: Let the yearly rate of interest be r% per annum. It is given that a yearly payment of ₱50000 is made…

Q: What single payment in two years would replace a payment of $18,650 due one year ago and a payment…

A: The compound interest formula is defined as, A=P1+rnnt where, P=principal amountr=interest…

Q: 9) If Juan invests $7,000 at 6% annual interest rate compounded semi-annually Tor 12 years, how much…

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Q: 14) Southwest Dry Cleaners believes that it will need new equipment in 5 years. The equipment will…

A: Recall the following fact.

Q: To prepare for an upcoming equipment purchase, the finance team at Canada Wire Corp. has invested…

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Q: y payments of ₱3,500.00 for school expenses, if the first payment is to be made on his 16th…

A: Let the amount set aside on a boy's seventh birthday be x. The amount at 16th birthday at a 10%…

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: Alejandra Marrufo wants to know how much she should deposit today, so that in 10 years she will have…

A: When a person deposits a certain amount of money for a certain period, after that period, the person…

Q: ou have set up a life annuity with a present value of $250,000. If your life expectancy at…

A:

Q: What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a…

A: interest rate  r=8%  =0.08 1st year withdrawal=$3000 according to question, subsequent withdrawals…