Racho Labs Inc. obtains a loan of 1,500,000 php, with 8% interest cmpunded quarterl, for the construction of a new clinic in Bohol. The owner will repay the laon by payments made quaterly for 10 and 1/2 years. How much is the quarterly payment that the owner should pay?

Q: Sadia Corporation, based in UAE, produces meat and milk products. The company sold old machinery for…

A: Given  The amount invested is 50,000 UAE Durham. The rate of interest is 5%

Q: Firm ZLC will be receiving payments of $10,000 per month for consulting services, with first payment…

A: Future value of annuity The future value of annuity refers to the total value of the investment at…

Q: A company buys a machine for $17,000, which it agrees to pay for in six equal annual payments,…

A: Calculation of annual payment is as follows:

Q: (To finance the expansion of your business, you borrowed RM 120,000 at a 7.8% p.a. nominal rate of…

A: MS-Excel --> Formulas --> Financials --> PMT Therefore, The monthly payment is $1,858.41.

Q: You bought a house on loan worth Php 5,000,000, payable in 20 years starting the following year. For…

A: Loan Amount = Php 5,000,000 Total Time Period = 20 Years Interest rate = 10% compounded yearly

Q: 0 down payment and 10 quarterly instaliments, the due at the end of the first year after purchase.…

A: The discounting formula is one plus discount rate divided by a number of year's whole raise to the…

Q: Uncle Ben InC. arranged a P9,000,000 revolving credit agreement with a group of banks. The firm paid…

A: Revolving Credit: A line of credit that allows the borrower to borrow funds up to a pre-set limit at…

Q: A house costing RM120,000 cash is purchased by making a down payment of RM40,000 and the balance is…

A: The question is based on the concept of amortization of loan and to find the equal monthly…

Q: A Php 2,000 loan was originally made at 8% simple interest for 4 years. At the end of this period…

A: Solution: Total interest for initial 4 years = P2,000 * 8%*4  = P640 Total amount at the end of 4…

Q: machine selling for $10000 may be purchase by paying a $1000 deposit and the balance in equal…

A: in this problem we have to calculate present value FACTOR and from that we can get monthly payments.

Q: A) Brock purchases equipment that has a fair value of $50,000. Brock pays $10,000 as a downpayment,…

A: Fair Value of Equipment is $50,000 Downpayment is $10,000 Principal amount of note is $60,000 Annual…

Q: To finance the development of a new product, a company borrowed $29,000 at 7% compounded monthly. If…

A: Compound Interest The type of interest that helps build wealth quickly is called compounding.…

Q: A house is sold with an assumable $156,000 below-market loan at 10% for a term of 15 years by a…

A: Computation:

Q: A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer…

A: Repayment of loan is made through equal instalments over the time. Instalments include a portion of…

Q: Merchandise is received for $25,000 now and $50,000 in 6 months. If $10,000 is paid within a month,…

A: Honor code: Since you have asked multiple questions, we will solve the first question for you. If…

Q: The Corner Bar & Grill is in the process of taking a 5-year loan of $50,000 with First Community…

A: Amortization Schedule:-It is a schedule prepared for the loan installments which divide into the…

Q: borrowed Php200,000 from a local bank having an interest of 8% per annum, compounded monthly. If the…

A: Loans are to be paid by the equated monthly payments which carry the payment of principal and…

Q: A loan of 40,000 Php is to be paid by equal payment at the end of each quarter for 1 year and a…

A: Loan is an amount of money borrowed from a lender. It is expected that the loan will be repaid at…

Q: n financing a new shopping center, the owner receives a loan of P1M at the beginning of each 6…

A: Deferred annuity refers to a contract payment wherein the account holder is promised to receive a…

Q: Acme purchases a new delivery truck making a cash payment of $10,000, a $12,000 trade-in on the old…

A: GIVEN ÷ cash payment of $10,000 $12,000 trade-in on the old delivery truck 5-year loan , yearly…

Q: Ace Development Company is trying to structure a loan with the First National Bank. Ace would like…

A: a) Calculate the balloon payment as shown below Resultant tables Hence, the payment after 5…

Q: Ace Development Company is trying to structure a loan with the First National Bank. Ace would like…

A: The interest on loan is paid in regular periods over a certain time and the remaining balance is…

Q: Lush Gardens Co. bought a new truck for $70,000. It paid $7,000 of this amount as a down payment and…

A: Loan payback refers to the process of returning borrowed funds to the lending institution or…

Q: Hazli borrows an education loan from Usaha Bank for RM24,000. The payments will be made in…

A: Loan amount (PV) = RM24,000 Interest rate (r) = 10% Number of annual payments (n) = 5

Q: A firm sells the same material with two separate payment plans. 1. According to the 1st payment…

A: A between time explanation is a monetary report covering a time of short of what one year. Between…

Q: A contractor bought a new computer system for 520,000 pesos. After making a down payment of 130,000…

A: in this we have to calculate total payment made through instalments.

Q: The price of a new car is $32,000. Assume that an individual makes a down payment of 25% toward the…

A: Price of car = $ 32,000 down payment = 25% interest rate = 8% number of payments =24 Number of…

Q: Onse took a loan of P2,000 that is repaid by a payment of P2,500 made 24 months later. Find the…

A: Loan amount is P2,000 Amount repaid is P2,500

Q: A firm sells the same material with two separate payment plans. 1. According to the 1st payment…

A: Option with lower total present value of future payment will be selected. Present value of monthly…

Q: Kyle was supposed to pay Erin $6,700 6 months ago and $720 in 5 months. If he wants to repay this…

A:

Q: A client is given a loan of principal amount of R50,000 which accrues interest of 10% per annum,…

A: A loan is a financial arrangement in which the borrower get a lump sum amount and paid it in future…

Q: A buyer is considering purchasing a 35-acre parcel in Apache Junction, Arizona for economic…

A: Solution: As per the terms and conditions of the loan, the loan can be repaid in equal periodic…

Q: Lukas Center acquired a new Laser Machine worth ₱580,000.00. The center plans to pay 35% advance…

A: Amortization is the action or process of gradually writing off the initial cost of an asset.

Q: You purchase a new airplane for your company for 1,800,000 pesos by putting 10% down and using…

A:

Q: A businessman wishes to borrow an amount of K4 million for a term of 3 years. The agreed rate of…

A: The loan schedule statement reflects the information related to the principal portion, the interest…

Q: The price of a new car is $36,000. Assume that an individual makes a down payment of 25% toward the…

A: Ordinary annuity are the PMTs which are made at the end of the period.

Q: Zara Corporation borrowed RM100,000 from their bank for one year. The bank required the company to…

A: Effective rate of interest is the cost of borrowing money from the bank after making all the…

Q: To finance the development of a new product, a company borrowed $29000 at 4% compounded monthly. If…

A: Solution:- When a loan is taken, it is to be repaid in lump sum or in installments. If it is paid in…

Q: Cranes Limited took a loan of $ 450,000 at 4% compounded monthly from its bank to train its…

A: When the loans are repaid in periodic instalments, each periodic instalment have 2 components i.e.…

Q: . A loan of Php 40,000.00 with interest rate of 15% compounded biannually, is to be discharged by a…

A: Loan amount = Php 40000 Semi-annual rate R = 15%/2 = 7.5% Number of semi-annual period = 10 First 6…

Q: Sadia Corporation, based in UAE, produces meat and milk products. The company sold old machinery for…

A: Sadia Corporation, based in UAE, invest 50,000 UAE dirham in term deposit to earn certain amount of…

Q: A building is priced at $300,000. If a buyer makes a down payment of $100,000 and a payment of…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: A contractor is planning to purchase a machine one year from now at a cost of Php1 Million. The…

A: Machine cost (C) = Php 1 million r = 1.5% per month n = 1 year = 12 months

Q: A design studio received a loan of $8,950 at 5.60% compounded semi-annually to purchase a camera. If…

A: Amount of loan is $8,950 Interest rate is 5.6% compounded semi-annually Time period is 2 years Total…

Q: A trucking firm purchased two B-train trucks for $325 000. It paid 20% as a down payment and…

A: A loan is a sum of money borrowed from a third party, such as a bank, for a specific length of time…

Q: A construction company takes a loan of $535,000 to cover the cost of a new grader. If the interest…

A: the annual percentage rate is also called a nominal rate, it is an interest rate for an annum

Q: Lola's Furniture is offering a "houseful of furniture" for $9,999. Furthermore, if you make a down…

A: First, we will calculate the present value of the amount then we will add the downpayment so as to…

Q: a) For a loan of $55,000, with an annual interest rate of 5 % p.a. compounded monthly, and monthly…

A: Interest is an expense which is calculated on the principal amount.

Q: The UNICROM company asks the bank for a loan to purchase machinery. The amount granted is $…

A: An amortized loan is one having planned, monthly payments that are applied to both the principal and…

Q: Onse took a loan of P2,000 that is repaid by a payment of P3,500 made 24 months later. Find the…

A: Present Value refers to the discounted value of a single cash flow or multiple cash flows today…

Calculating the Return On A Loan