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- [Question 21 Galoraz Bhd has a line of credit of RM325,000 with an interest rate of 1.85 percent per quarter. Their short-term investments earning is 0.48 percent per quarter. What is the effective annual interest rate (EAR) on this arrangement if the line of credit goes unused all year? Assume any funds borrowed or invested use compound interest. Select one: A. 7.61% B. 2.14% C. 1.93% D. 10.38%3. Find the future value and the interest earned if RM2,000 is invested for 3 years at 6% compounded monthly.(S=RM2393.36,1=RM393.36)Q3: An interest rate equal to 7% compounded annually: (a) If $20,000 is borrowed for 5 years what total amount must be paid back? (b) How much of the total amount repaid represents interest?
- ! Use Data Given ! bartleby = 3 max questions 7. An investment of P 20000 earned P350 for 180 days, what is the annual rate of interest? 8. Bench loaned P10000 in a bank to be paid after 3 years with an interest of 10% compounded semi-annually and P15000 to be paid after 4.25 years at 8% compounded quarterly. How much must he pay after 7 yrs at an interest rate of 12% compounded monthly to settle everything?step by step explaination What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000 b. $5000 c. $11660 d. $103772.2 How long would it take R50 000 invested today at a compound interest rate of 6.25% per annum to reach an investment goal of R80 000
- 3. Find the discount interest on Php 20,000 for 210 days at a discount interest rate of 8 3/4%. What is the present value?q5: which one is correct please confirm? "Calculate the interest earned on an investment of A$2,000 for a period of three months (92/365 days) at a simple interest rate of 6.75% p.a" 34.03 20.00 20.34 36.50Q7 What annual rate of return is earned on a $5,000 investment when it grows to $10,250 in five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) ANNUAL RATE OF RETURN?
- What is the simple interest rate applied if an investment of Php 37,500 accumulates to Php 45,937.50 in a period of 1.5 years? A. 25% B. 15% C. 20% D. 10% Thank you in advance.D4) What is the interest income in dollars on a $10 million art financing loan priced at 8% collateralized by $15 million at the beginning of the year if the value of the collateral falls to $12 million at the end of the year?Q5. What is the PV of $165 000 in 4 years time at a compound interest rate of 6.35% p.a.?
