What corresponding discount rate equivalent to 10.45% interest rate for 15 months?

Q: What are the differences between Simple and General Annuity?

A: What are the differences between Simple and General Annuity?

Q: What is the simple interest rate of $290, 12.5%, 6 months

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Q: A discount note with a face value of $5,000 will mature in 182 days. If the simple discount rate is…

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Q: How much interest is deducted in advance from a loan of P18,000.00 for one year and 6 months if the…

A: A loan of P18,000.00 for one year and 6 months the discount rate is 9%.

Q: Calculate the yield on $1000 Treasury bond with a coupon rate of 6% that has a market value of $860.

A: We have been given the face value of the treasury bond to be $1000 with a coupon rate of 6%.Let us…

Q: Calculate the cash discount and the net amount due the transaction (in $). (Round your answers to…

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Q: What discount rate is used if the present value ₱89, 400 amounts to ₱135, 800 for 4 years and 5…

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Q: Calculate the simple interest due on a 45-day loan of $3500 if the annual interest rate is 8%.…

A: Follow the procedure given below.

Q: What monthly interest rate equals a quarterly interest rate of 15%? Give your answer as a decimal…

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Q: The maturity value of $3600 at 5% for 9 months is.

A: we  know  , the maturity  value , V = P( 1+ R)^T V – Maturity Value P – Principal Invested R – Rate…

Q: What monthly interest rate equals a quarterly interest rate of 4%? Give your answer as a decimal…

A: First we have to know that number of times intrest applied per year in monthly and quarterly intrest…

Q: Determine the exact simple interest on P150 000 for the period June 25, 2005 to September 2, 2006,…

A: When the interest is simple, the formula that to be used is I=Prt, where I is the simple interest, P…

Q: $1,909 simple discount note at 5 1/4 % for 16 months What is the effective interest rate?

A: First convert the 16 months into a year. that is 16 months=1612 year Now, I=PRT⇒I=$1,909214001612…

Q: nds are due December 3: nnual interest rate, pay

A: It is given that brodie corporation acquired bonds with a par value of $600,000 for $628,800 on…

Q: Find the annual simple discount rate equivalent to an annual simple interest rate of 5.4% over a…

A: Given, Rate,r = 5.4% Time period, m =2

Q: what is the simple interest on $15,000 for 3 years at a rate of 4% per year

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Q: Paula Jan borrowed Php 3,450 for 1 year and 3 months at 18% simple interest. What is the maturity…

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Q: Central Auto Parts borrowed $250,000 at 9% interest on July 8 for 120 days. (a) If the bank uses the…

A: Given Information P=$250,000 R=9% T=120 days=0.33 year we have formula : Interest = PRT100 Ordinary…

Q: The base period for the CPI changed in 1998. Under the previous weight and item structure, the CPI…

A: Given data,

Q: . Calculate interest coverage ratio.

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Q: What is the simple interest on ₱12,500 at 8% for 9 months?

A: Formula for simple interest is as follows : I = P×R×T Where , P  is principal amount. R is Interest…

Q: An interest –in-advance collected from an amount of P85, 500 borrowed for 450 days and discount rate…

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Q: What is the monthly payment for $14000 loan for 5 years with an annual rate of 3.6%? Round to the…

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Q: f you are planning to apply for a personal loan and borrow PhP 30,000 and repay the principal and…

A: Given that an amount of 30,000 is provided by a bank as loan at different interest rates  for a…

Q: What is the simple interest on P125, 000 at 8 3/4 % for 36 months?

A: Solution

Q: The simple interest rate which is equal to a discount rate of 12% per year for a period of 18 months…

A: For such type of problem we assume that principal value is 100.

Q: What is the purchase price of a 6-month T-bill with a maturity value of $2000 that earns an annual…

A: Maturity value of T-bill=$2000 Terms=6 months=180 days Interest rate=3.60% Assume number of days in…

Q: What's the interest in a $500 loan at an annual simple interest rate of 9% at the end of 1 year?

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Q: What is the simple interest due on a 120-day loan of Php7000 if the annual interest rate is 5.25%?

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Q: Compute bank discount using: $12,000; 13%; 120 days ordinary interest  proceeds  effective…

A: Given query is to find the ordinary interest  proceeds  effective interest rate.

Q: What is the actual rate paid by the treasury dep

A: If investing principal amount P, for t years at a discount rate r we get discount value I, then we…

Q: What is the maturity value (in Php) for a loan of Php 616.921 at 6.3% interest for 6 months? (Hint:…

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Q: What should be the annual discount rate of a loan if the simple interest rate is 8%?

A: Given Information : Simple interest rate = 8% or 0.08 Let discount rate be D. So, as we know Simple…

Q: At what simple interest rate (in 4 decimals) will you have an interest of PhP 756 and a maturity…

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Q: Find the ordinary and exact interest on P10,490 at 10% interest rate for 108 days.

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Q: Central Auto Parts borrowed $250,000 at 9% interest on July 8 for 120 days. (a) If the bank uses the…

A: Interest = PRT/100 Ordinary interest has 360 days per year.

Q: A payment of R150 000 due in 30 years' time is purchased from a company by means of level monthly…

A:

Q: 398 wit

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is…

Q: Chuong Ngo borrows 3600$ from a bank that advertises a 6% simple interest rate and repays the loan…

A: The formula to calculate the annual percentage rate (APR) for a loan is: APR = Fees+Interest Paid…

Q: A company gets a discount loan at a 12 percent interest rate.  They borrow $100,000 for one year.…

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Q: What amount should be paid on January 13, 2016 for a loan of P16,000 made on July 7, 2015 at 8%…

A: Loan is taken on 7th July, 2015 and and needed to be paid on 13th January. So, total number of days…

Q: Calculate the simple interest due on  a 52 day loan of $1500 if the interest rate is 9% round to the…

A:

Q: 3. I owe P10,000 due at the end of 3 years without interest. What should my creditor be willing to…

A: The borrower owes P10,000 due at the end of 3 years without interest. At 7% simple interest the…

Q: What equivalent interest rate that corresponds a discount rate of 9.98% for 700 days?

A: Given: Let us determine the equivalent interest rate for a 9.98% discount rate over 700 days

Q: Determine the interest rate being used if Php105, 200 earns Php60,000 after 5 years

A: considering the Simple interest , The principal is Php 105,200 The Interest  earned is Php 60,000…

Q: A bank offers 7.5% interest compounded monthly. What is the annual percentage yield (APY)?

A: Given  A bank offers a 7.5% interest compounded monthly. Here r=0.075 k=12

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

A: Given amount offered(P) = $175, 000 Interest rate(r) = 5.25% = 0.0525 per annum Interest rate for…

Q: Calculate the cash discount and the net amount due the transaction (in $). (Round your answers to…

A: To calculate cash discount and net amount due.