The is an initial payment toward the purchase of the item financed.

Q: Interest earned with an annuity due is higher than that with an ordinary annuity. Do you agree or…

A: An annuity is a series of payments paid or received over a defined length of time. The timing of the…

Q: It refers to annuity that doesn’t start until some time in the future.   a Late Annuity   b…

A: An annuity refers to a contract designed to provide a certain a amount of income which is payable at…

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.

Q: Why would a bank lending officer be interested in thecash flow statement of a company that is…

A: Cash flow refers to the quantity of cash or cash-equivalent that a corporation gets or expends as…

Q: Describe what is the Compound-Amount Factor?

A: The money is anything which is accepted by the society as a medium of exchange and has the main…

Q: Define the term disbursements?

A: Money: The term money refers to anything that can be used as a medium of exchange and it has a unit…

Q: Today you deposited $10,000 in a savings account paying 7% annual interest. How much should you have…

A: Simple interest rate = (P*R*T)/ 100 where, P= principal amount  R= interest rate T= time Here, P=…

Q: Two annuity dues in perpetuity have a common present value of $2, 000 and a common effective annual…

A: Annuity: An annuity is a finance product that enables you to receive a fixed payout for the rest of…

Q: How long in years will money double its amount if invested at 10% simple interest?

A: Given interest r= 10%

Q: How long will it take for a money to quadruple itself if invested at 12% simple interest rate.

A: The future value in the case of simple interest is calculated by the following formula.  A = P ( 1 +…

Q: Write the formula developed for calculating compound interest?

A: Compound interest refers to the interest calculated on the principle amount, thus increasing the…

Q: David is planning to contribute $8,000 a year into a mutual fund that earns an average of 8% per…

A: In economics, present value refers to the current value of future steam of cash flow. Future value…

Q: An annuity is a series of equal payments occurring at equal time intervals, normally at the end of…

A: Annuities can be considered as financial products whose purpose is to enhance and improve security.

Q: Fill in the missing interest factor: (A/G, i%, N)(P/A, i%, N) = (———).

A: The present worth of uniform series is given by the formula (P/A, i%, N). On the other hand, the…

Q: A mortgage of $175,000 is offered at 5.25% interest for 25 years a) find the monthly payment

A: Mortgage is the money borrowed to purchase a flat or a house. It a liability and the borrower must…

Q: True or False: The time value of money describes how compound interest helps money grow over time. O…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: This refers to the time unit for rate of return. a. Compound Interest b. Simple Interest c.…

A: The rate of return refers to the accumulated amount on an investment or a loan or a deposit after…

Q: A loan amounting to ₱ 1,000,000.00 is to be paid within 5 years. If the bank offers 12% nominal rate…

A: Equivalence Monthly Installments or EMI is defined as a method used to repay a loan with easy…

Q: usefulness of e-money and versus digital cash.

A: Firstly the barter system was used for buying and selling of goods in which goods were exchanged for…

Q: Mary Smith took out a loan of $75,000. The loan runs for five years at a minimum interest rate of…

A: here we calculate how much is each monthly payment to Mary Smith by following method given below

Q: Importance of saving money

A: Money: It refers to the cash which is available to the people. Money can be used for buying goods…

Q: Actual rate of interest on the principal for one year. A Nominal Interest B Compound Interest

A: The rate of interest on principal is returns for postponing consumption or spending. High rate of…

Q: A saving association pays 2% interest monthly. What is the effective annual rate of interest?

A: Effective annual interest rate = [1 + (i/n)]n - 1

Q: 2. is/are repaid in monthly payments. O Bankruptcy Credit O Installment loans IOU's

A: An installment loan is normally a one-time loan that provides amount in a lump sum. Lender…

Q: What is the future amount is due at the end of the loan period

A: Here T = 13 months     R = 20%    P = 2000

Q: You plan to deposit $300 each year into an IRA earning 4% interest annually. How much will you have…

A: In enginnering economic, all the given information is denoted with specfiic symbols such as: Yearly…

Q: need this in words not handwritten please write this all in word form

A: Answer is given below

Q: The effective interest rate increases as the compounding frequency ______________.   a decreases…

A: The effective interest rate refers to the interest rate on a loan. It's used to evaluate interest…

Q: Explain what is the Time Value of Money?

A: Time value of money is the concept that shows the difference between the amount of money in present…

Q: At 10% compounded annually, how long will it take for money to double itself?

A: Given: Interest rate = 10% (in percentage) To find out how long will it take for money to double…

Q: It is the interest paid in advance. a. simple interest b. perpetuity c. compound interest d.…

A: Interest is the monetary payment, it is made for the privilege of borrowing money. The amount of…

Q: What is the compounding process?

A: The interest rate earned on a financial asset or paid on a financial obligation can be applied in…

Q: the amount payable on the

A: "Answer:

Q: Is the cash flow broken into four parts? What are they?

A: Answer - Cash Flow - Cash flow means the amount of cash present at a given time which cash used in…

Q: What is the Deferred Savings Plan?

A: A  deferred savings plan is a plan  which allows the taxpayer to pay money in  the plan and  then…

Q: . Irish is offered to invest in a business firm that will make her money earn 6% compounded

A: Bio monthly has two meaning one is twice in one month or happening every  two months .  Here i…

Q: 33. Series of equal payments occurring at equal periods of time. annuity profit amortization…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: Future value) Leslie Mosallam, who recently sold her Porsche, placed $11,000 in a savings account…

A: here we calculate the future value at different year which are as follow-

Q: effective interest is considered an interest that is computed only on the original sum and not on…

A: Effective interest rate is nothing but actual return on asset.

Q: When a loan is amortized, it means: a. The principal is never repaid, only interest b. The principal…

A: An amortized loan is one of the types of loan which has scheduled and periodic payments. It is…

Q: Year Cash flow, $

A:

Q: to be valid, a trust must have a trustor, a trustee, at least one beneficiary, and a lawful trust…

A: Trust refers to the 3-party ownership system, in which one allows the other to hold asset/property…

Q: Whenever the interest charge for any interest period (a year, for example) is based on the remaining…

A: The rate of interest is the percentage (%) of a loaned sum that a lender charges the borrower as…

Q: Which of the following is different?   A. present value B. accumulated amount C. Future Value…

A: Present value measures the todays worth of future cashflows at given discount rate. It discounts the…

Q: Why are the cash flows very important?

A: According to the Small Business Administration, insufficient cash reserves  is a major explanation…