Suppose Ms. Levi would like to save Php 500,000.00 every month in a fund that gives 10% compound monthly. How much is the amount or the future value of her saving after 1 year?

Q: If you deposit 9000$ into an account paying 5.5% annual interest compounded semiannually, how much…

A: As we know that the expression for the compound interest is:   A=P1+rnnt   Where P is the principal…

Q: 1. Joshua wants to have Php 250,000 at the bank after4 years in time for his graduation. He plans to…

A: Amount after 4 years = Php250000 Interest rate is 12% compounded monthly.

Q: As part of your retirement planning, you purchase an annuity that pays 5.25 % annual  interest…

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Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

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Q: to have that amouni WiieTL I3 10. Berna borrowed from a cooperative Php 180 000 to be paid in 2 and…

A: Solution:

Q: 2. Roel purchased a car from a financial institution. If the cost of the car is Php1,250,000.00 and…

A: The formula for amount when interest is compounded quarterly is A=P1+r44t Here, P= Prinicipal amount…

Q: If money is worth 15% compounded semi - annually, find the outstanding balance just after the 10th…

A: topic - application of geometric progression optiin A 5857.30

Q: In order to accumulate enough money for a down payment on a​ house, a couple deposits $373 per month…

A: Consider the given information. The future value formula is defined as. FV=PMT1+in-1i Where the…

Q: A bank offers a 12% interest to be compounded annually. How much should a teacher deposit now if he…

A: A bank offers a 12% interest to be compounded annually. The teacher wants to receive Php. 15000 at…

Q: To support his handicapped niece tony made a payment of $1800 at the beginning of every 3 months. If…

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Q: The payment of 500 php is to be made at the end of every 6 months. How much is its future value…

A:

Q: If you lend $3800 to a friend for 15 months at 10% annual simple interest, find the future value of…

A: We know:- Simple interest = PRT ⇒P=initial amount ⇒R=Rate of interest⇒T=Time in years

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $544 per month…

A: Given: p = 544 R = 3 %  n = 12 t = 7

Q: What interest rate was applied if a loan of P54, 300 will amount to P83, 000 after 2 years and 6…

A: We need to find the interest rate applied if a loan of P54, 300 will amount to P83, 000 after 2…

Q: Mrs. Dollie availed a cash loan that gave her an option to pay Php10,000 monthly for one year. The…

A: We need to find the present value of the loan. Given: Mrs. Dollie availed a cash loan that gave her…

Q: Ms Daisy bought a car. After paying the down payment, the amount of the loan is Php 500,000 with an…

A: As per our guidelines we are only supposed to solve first three parts of multiple questions

Q: Suppose you borrow $7,500 from a bank that charges 4% interest compounded monthly. How much will you…

A: From the given information, it is observed that the Principal is P = $7500, the rate of interest is…

Q: If money is worth 9% compounded annually, find (a) the present value of Php 24,000 due in 8 years…

A: Given that: Money worth 9% compounded annually. Future amount : Php 24000 Time : 8 years

Q: An architect is entitled to received 35,000 pesos at the beginning of each year for 18 years. What…

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Q: Given a principal of Php. 100,000 payable for 2 years at 3% compounded quarterly. What is the…

A: Consider the given principal of Php is 100,000.

Q: A business must raise $57,000 in 5 years. What should be the size of the owners’ quarterly payment…

A: ANSWER IS AS BELOW:

Q: The Pierras are planning to go to Europe 3 years from now and have agreed to set aside $180/month…

A: Given  The periodic payment $180 per month Periodic interest rate is 2%/year periods per year is 12…

Q: 4. Mr. Torres plans to invest Php100, 000.00 in a savings account at the time of his son's birth and…

A: Given query is to find the rate of interest.pp

Q: What lump sum do parents need to deposit in an account earning 8% interest compounded quarterly in…

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Q: A man wishes to his son to receive Php 200, 000 ten years from now. What amount should he invest if…

A: Given:  Interest during the first five years=10% compound annually, and Interest during the next 5…

Q: How much is the amount of an ordinary annuity of which yearly payment of php25,000.00 for 20 years…

A:

Q: Find the present value of amount. $10,000 if interest is 8% compounded semiannually for 6 year

A: Consider the given information as P=$10000, r=8% For semi annually n=12

Q: if miya places $650 in a savings account that earns a nominal 2.5% yearly interest compound monthly,…

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Q: How much must be paid on the due date of October 20, 2020, on a loan of P80,000 made on December 5,…

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Q: If you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be in…

A: NOTE: Refresh your page if you can't see any equations. . P=4000 r=6%=0.06 n=12 for monthly compound…

Q: If you lend $3100 to a friend for 15 months at 8% annual simple interest, find the future value of…

A: P=$3100r=8%⇒r=8100=0.08t =15 months⇒t=1512=1.25  in years   formula: I=Prt

Q: What interest rate was applied if a loan of ₱54,300 will amount to ₱83,000 after 2 years and 6…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=54300 A=83000 t=2 years and…

Q: Which of the following is the present value of PHP 1,280,000 due in 5 years if the money is worth…

A:

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $421 per month…

A: Given information Amount deposited per month R=$421 Rate of interest r=3% compounded monthly…

Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

A: As per Bartleby's answering policy, we can answer only one question with a maximum of three subparts…

Q: Mrs. Vicky Guevarra deposited P18, 500 in a saving account on June 30, 2017 at a rate of 6%…

A: Given Mrs. Vicky Guevarra deposited P18500 in a saving account on June 30, 2017. She withdraws all…

Q: a.) How much should Mr. and Mrs. Reyes deposit if they want to have Php 800,000 that will be used…

A: As per our guidelines we are supposed to answer only one question. Kindly repost other question as…

Q: If I would like to have $250,000 in my savings account after making contributioms for 30 years, what…

A:

Q: If a credit union awards interest of 8 percent per year compounded semiannually, what amount must be…

A:

Q: A Php 500,00.00 trust-fund was set up and to be used by an 8-year old niece when she goes to…

A: It is given that, Principle value , P=50000 Time =10 years Interest Rate, r=9.75%=0.0975 Since,…

Q: What is the future value of $12,000 invested in an account that pays 4.25% compounded quarterly for…

A:

Q: Mr. Ribiya would like to save 500,000 for his son’s college education. How much should he deposit in…

A: Compound interest formula: P = P0{1+(r/n)}nt ,where P0 = initial principal balance,     P = future…

Q: Aldin invests 20% of his 140,000 php monthly salary at the end of each month in a fund that pays 4%…

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Q: 2. A Php1,000,000-trust fund was set up and to be used by an 8-year old nephew when he goes to…

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

Q: When the Lee family bought their home, they borrowed $115,700 at 3.25% compounded monthly for 20…

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Q: 1. At 10% interest rate, how much should you invest today to be able to withdraw Php10,000.00…

A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

Q: Determine the interest rate for php 500,000 investment compounded semi-annually if the value of the…

A: