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- Zack Pallos receives $21,132 annually, Since he is paid monthly, how much does he receive each month?Lisa is depositing $1,600 in a six-month CD that pays 2.83% interest. How much interest will she accrue if she holds the CD until maturity? (Round to the nearest cent)Harlan made equal payments at the end of each month into his RRSP. If interest in his account is 11.8% compounded annually, and the balance after eight years is $15,500, what is the size of the monthly payment?
- Helen is buying a $12,375 car with a $3,000 down payment, followed by 36 months of $325. The down payment is made immediately, and the monthly payments are due at the end of each month. What nominal annual interest rate is Helen paying? What effective interest rate?Mrs Cruz has a debt of P90,000.00 which she will settle by making monthly payments of P4,000 each. If money is worth 19% compounded quarterly, and payments are made at the end of each month, how many regular payments of P4,000 are needed? how much is the smaller payment? What is the oustanding balance after the 15th payment?Harlan made equal payments at the end of each month into his RRSP.if interest in his account is 9.6% compounded semi -annually ,and the balance after eleven years is $17500, what is the size of the monthly payment .
- Helen is buying a $12,375 car with a $3000 down payment, followed by 36 monthly payments of $325 each. The down payment is paid immediately, and the monthly payments are due at the end of each month. What nominal annual interest rate is Helen paying? What effective interest rate?Helen Meyer receives a travel allowance of $210 each week from her company for time away from home. If this allowance is taxable and she has a 10 percent income tax rate, what amount will she have to pay in taxes for this employee benefit annually? (Round your final answer to 2 decimal places.)Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P50,000 at the end of 1st year, ₱20,000 at the end of 3rd year, ₱30,000 at the end of 6th year and ₱8,000 at the end of 8th year. How much is the total payment of Engr. Salvador after 10 years at a rate of 10% per annum?
