What is the meaning of interest rate

Q: What are the two types of cashflows? Define each

A: The cash flow refers to the net flow of cash and cash equivalents in and out of the businesses or…

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: What is the amount of interest earned on $2,000 for five years at 10% simple interest per year?

A: here we calculate the interest earned by simple interest so the calculation as follow-

Q: Investn S, I Saving and investment

A:

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: Interest can be computed more frequently than one time a year Select one: O True O False

A: Interest is the price of money that is borrowed.

Q: The amount which from the transaction entered by the person who borrows money called the debtor or…

A: Answer-

Q: 1 Curve for a loan relates the interest rate of the loan

A: yield bend, in financial matters and money, a bend that shows the interest rate related with various…

Q: In simple interest, the interest for the current period is computed based on the amount (principal…

A: When some amount is deposited in the bank as a principal, the bank pays interest to the savers…

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: Nicholas made a deposit of $5,000 in a savings account that earns 2% per year. What is the maximum…

A: here we calculate the given by following method as follow;

Q: If an interest rate pays 9% five times a year, calculate the effective rate of interest. please with…

A: Interest rate is the interest charged to the borrower by the person who makes the loan, calculated…

Q: We need to find an effective interest rate that covers the payment period. Illustrate this concept…

A: Effective interest rate can be described as the interest rate gained or paid in actual on a project.…

Q: Kathy buys a tv set fir 12,500 cash after 60 days. Kathy wishes to pay immediately and the seller…

A: F = 12,500 Interest rate, i = 0.08 Time, n = 60 days or 60/360 We know that F = P[1+i(n)]

Q: How is the future related to the present value of a single sum?

A: The future value is that the sum of present value and also the total interest. the long run value…

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: What is fractional ownership?

A: Ownership:The term ownership refers to the legal right or exclusive right over the commodity. For…

Q: lla Stein paid $187.50 interest on a loan of $12,000 for 3 months. What was the rate of interest she…

A: Interest amount =$187.5 Loan amount =$12000 Time=3 months

Q: How much money do you need to deposit in a bank each month if you are planning to have $5000 in four…

A:

Q: carlos invests $6000 in a 24 month CD that has a 4.75 interest rate. use the formula to find how…

A: Certificate of Deposit (CD) The investors and the authorised banking and financial institution sign…

Q: When investing or saving money for retirement, which type of interest would benefit the most from?…

A: When investing or saving money for retirement which type of interest would benefit the most from?…

Q: hazel borrowed 100,000 and must repay a total of 130,000 exactly two years later. How much is the…

A: Using the formula to solve.

Q: Distinguish between Simple interest and Compound Interest?

A: Interest rate refers to the percentage of a principal amount charged by a lender to a borrower.

Q: Summarizes some of the interest formulas?

A: Simple interest = (P*R*T)/100 where, P : Principal amount            R : Rate of interest per annum…

Q: still make all interest payments? r

A: *Answer:  The debt-to-GDP ratio is the percentage of a country's debt to its GDP. It is used to…

Q: How can we calculate the effective interest rate, altering the period value?altering the period…

A: The effective interest rate refers to the rate of interest that is paid on an investment or loan or…

Q: Toni received a loan of $200,000 at 10% interest. The interest was deducted from the loan at the…

A: SI=P*R*T/100 where, P-Principal R-rate of interest T-time

Q: If you borrow $ 30,000 at 6% simple interest per year for seven years, how much will you have to…

A: Simple Interest = (Principal * Rate * Time) / 100 ie SI = (P * R * T) / 100 Amount = Principal +…

Q: Find the interest on the loan if Tim borrows $10,000 for years at a simple interest of 10%.

A: The investors as well as consumers borrow or take loans funds from banks for investment or for…

Q: Numeric answer The central bank is selling $100 worth of bonds payable in one year. The price it…

A: PV=FV1+rt where PV= Present Value FV= Future Value r=interest rate t= time period

Q: You borrow $10,000 agreeing to pay the balance in 10 equal annual installments at an interest rate…

A: here we calculate what should be the payments for the given by following method as

Q: Determine the principal that would have to be invested to provide $200 of simple interest  income at…

A: Simple Interest refers to the money that is paid only on principal, or the money which is invested…

Q: Calculate the value of APS if Savings is $320 million and income is $420 million

A: The information being given to us is as follows:- Savings = $320 million Income = $420 million We…

Q: What is Compound interest?

A: Simple Interest: The simple interest is the interest that is paid on the principal amount. For…

Q: Suppose you want to have $600,000 for retirement in 25 years. Your account earns 10% interest. How…

A: Given: Amount at retirement=$600,000Time=25 yearsRate of interest=0.10

Q: What is meant by the present value of money? Choose the correct answer below. O A. The amount…

A: FV = PV1+inor PV = FV1+in where PV = present value             FV = future value             i   =…

Q: You take out a loan of $12,000 to pay for a piece of equipment. You plan to repay the loan in 16…

A: Suppose you want to pay the first installment at the end of the year. So 16 equal payments of $1100…

Q: Explain what is Principal Plus Interest?

A: Principal plus interest is that amount which is paid by the borrower to the lender after the agreed…

Q: Calculate interest on a 90-day $5,000

A: Given,  Time = 90 days (consider 360 days in a year) Interest = 11% Principal = $5000

Q: How much should you put into 6% saving account in order to have 100,000 in five years?

A: *Answer:

Q: New nominal interest rate:

A: Money Demand Function: Money demand function shows the effect of some aggregate economic variables…

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

A: Credit purchase refers to a type of purchase in which the buyer does not make a payment through cash…

Q: 2. A bank charges 11% discount on short term loans. Find the sum received by the borrower who…

A: given that, principal sum is Php1.500 interest rate is 11% the time period is from 03 October 2011…

Q: You borrow $500 from a family member and agree to pay it back in six months. Because you are part of…

A: Interest rate: It refers to the rate at which the person who had borrowed money from any person has…

Q: Bobby took out a single loan for $500 and paid a $50 fee. His loan is due in 1 week. Find the…

A: Here, given information is; Principal amount: $500 Interest amount: $50 Time period: 1 week To…

Q: (Present Value of an Annuity) Why is $10,000 a close approximation of the price of an annuity that…

A: Present Value of an Annuity) Why is $10,000 a close approximation of the price of an annuity that…

Q: b. How much can Tara withdraw at the end of each month for four years?

A: Deposit each month = 490 $ Time = 7 years Interest rate = 4.5 % compounded monthly Monthly rate =…