What is the maturity value of the loan if the proceeds is P22,000 at the rate of 10% for 10 months?
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- What is the maturity value of the loan if the proceeds is P22,000 at the rate of 10% for 10 months?P 24,000 is the answer show complete solutionWhat is the yield to maturity on a simple loan for$1,500 that requires a repayment of $15,000 in fiveyears?What is the maturity value of a 40,000 loan after 3 years if the rate of interest is 6% per annum? Choices: a. 47,200 b. 48,000 c. 45,000 d. 42,670
- What is the maturity value on a 6-year loan for S7, 585 if the annual simple interest rate is 6.1%? Round your answer to the nearest dollar.Consider a five-year floating rate loan with principal of $10 million and quarterly payments based on the three-month bbalibor rate. Suppose the bbalibor rates are 0.01 for the first three years and 0.02 for the last two years. What is the value of the floating rate loan when it is issued? Write your answer in millions of dollars without the $How much interest is payable each year on a loan of P2,000 if the interest rate is 10% simple interest per year when half of the loan principal will be repaid as a lump sum at the end of 3 years and the other half will be repaid in one lump-sum amount at the end of 6 years? How much interest will be paid over the 6-year period?
- What's the maturity value of a $500 loan at an annual simple interest rate of 9% at the end of 6 months?.What is the effective interest rate charged to a loan of P5,000 paid after 5 years amounting to P7,250? What is the nominal rate if it is compounded semi-annually? upload your solution with signature sifan ?A loan of 750000 needs to be paid in annual installments by the end of every year. The interest rate is 8% for the first 10 years, and a nominal interest rate of 3% for the following 10 years. What is the value of the installment?
- How much interest will be owed on a loan of P15,500 at the end of 4 years and 7months using 15 percent simple interest per year?What are the weekly payments on a 6-year, $80,000 loan if the interest rate is 14%?Suppose that one has a present loan of $1,000 and desires to determine what equivalent uniform EOY payments, A, could be obtained from it for 10 years if the nominal interest rate is 20% compounded continuously (M =∞).
