•What is the present value of receiving a lump sum of $10,000 in year ten?

Q: 16. You want to buy a $12,000 car with no money down at a rate of 5.7% APR for 7 years. What is your…

A: From the provided information, The total amount of car (P) = $12,000 Rate of interest (r) = 5.7%…

Q: 1. How much would the equal monthly payments be on a student loan of $10,500 that has a ten-year…

A: You mentioned only 1 and option A to solve, I will solve both of them but if you want I will solve…

Q: What is the present value of an annuity that consists of 27 annual payments of $2400 at an interest…

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Q: What is the present value of a general ordinary annuity whose quarterly payments of Php 25,000 for 6…

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Q: Find the face value​ (to the nearest thousand​ dollars) of the 10​-year zero-coupon bond at 3.5​%…

A: Given 10​-year zero-coupon bond at 3.5​% ​(compounded semiannually) with a price of $24,739.

Q: Hungen Inc. borrowed $100,000.00 from a financial company with an ordinary simple interest rate of…

A: Here money is borrowed from tbe financial company for simple interest rate . So here we can apply…

Q: Find the amount of the following ordinary annuity: $800 paid quarterly for 6 years at 8 percent per…

A: here pmt= per quarter payment = 800 n= no. of quarter =6 *4 = 24 quarter quarterly rate  =8/4 = 2%

Q: A $1,000,000 lottery prize pays $50,000 per year for the next 20 years. If the current rate of…

A: Solution: Duration of Investment (t) =20 years Interest Rate (r) = 6.25%=6.25100=0.0625 PMT (m) = $…

Q: 3. How many more monthly payments are made for a 5-year loan than for a 2-year loan?

A: Number of monthly payment for a 5year plan is = 5*12=60 months. (in 1year total number of months is…

Q: Jeffrey wei received a 6 year non subsidized student loan of 31000 at an annual interest rate of…

A: Answer and explanation is given below

Q: Your house was struck by a strong typhoon a year ago, and you don't have enough funds for repair.…

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Q: What is the total payment required to pay off a promissory note issued for $600.00 at 10% ordinary…

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Q: the monthly payments necessary on a 5 year loan of $40,000 at 4.75%

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Q: Mustafa purchases an annuity due paying 5% quarterly. If his payment is $9651, how much will its…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: Find the amount of ordinary annuity based on the information given. R = $4200, 6% interest…

A: Given, R = $4200, i=6% interest compounded semiannually for t=11 years where S is amount and i is…

Q: How much is the total interest on Mr. Marc Pogi's loan? * O 1,476,237.922 O 1,154,024.752 O…

A: answer : option a) 1,476,237.922Note* in solution I have calculated the approximate values so the…

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

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

Q: 2 Harry paid $250,000 for a 15-year indexed annuity in which the monthly payments received at the…

A: Given:-             Harry paid $250,000 for a 15-year indexed annuity in which the monthlypayments…

Q: 2. Find the present worth of perpetuity of P10,000 payable quarterly if money is worth 10%…

A: We have to find the present worth of perpetuity

Q: Find the amount of ordinary annuity based on the information given. R = $12,000, 7% interest…

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Q: To retire a bond of $ 100,000.00 in 5 years, what amount needs to be deposited at 8% quarterly?

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Q: A man borrowed P10,000.00 from his friend and agrees to pay at the end of 90 days under 8% simple…

A: # Given: principal amount P=10000  rate of interest r=8%   then to find amount to be paid at the end…

Q: How is the present value of a single sum related to the present value of an annuity

A: The objective is to give the relation between the present value of a single sum and the present…

Q: B. A 520,000-peso bond is redeemable at 620,000 after 6 years. Coupons are given at 6% convertible…

A: Given query is to find the amount of semiannual coupon.

Q: Calculate the simple interest and new final total for each of the following Principal: $600 Interest…

A: The simple interest on P at the rate of r% after t years is, I=Prt100 Given that: P=$600r=5%t=3…

Q: What is the present value of an ordinary annuity of 700 php every 6 months for 4 years at 6%…

A: Given query is to find present lo value of the equity.

Q: 1. Faith availed of a cash loan from Home Credit that gave her an option to pay 10,000 monthly for 1…

A: Solution: Interest rate per month (r) = (12% / 12) = 1% Monthly payment (P) = 10,000 n = 12 Monthly…

Q: 16.) Susan is making monthly payments of $207.31 to pay off a 3½ year loan for $6400. What is her…

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Q: If you were to lend Rs. 1,500,000 for five years and charged 19%. Calculate your return in each…

A: Note: It is assumed that the charged amount is the simple interest. The simple interest, I, is…

Q: Calculate the present value of the annuity. (Round your answer to the nearest cent.) $11,000…

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Q: 4. Jessica makes $24,000 a year, but receives weekly paychecks. If 12% of her check is withheld for…

A: As per policy only first question is answered. Ques 4. Annual Income of Jessica = $24,000 Federal…

Q: Suppose that an annuity has a present value of P = 1 million dollars. What interest rate r would…

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Q: Mrs. Reyes plans to build a a two - door apartment on her vacant lot. She applied for a loan of…

A: Given Principal amount = 1,750,000 php time = 4 years rate of interest= 10% number of times the…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: If 'm' amount deposit at a rate 'r' for time 't' year and the rate of increase compounded with…

Q: What is the present value of a loan when a monthly payment of P3, 250 is needed to extinguish for…

A: To solve the given problem we shall use the following formula…

Q: How much would Juanita's monthly premium be for a 10-year term insurance policy with a face value of…

A: Juanita's age = 24 years Juanita is a female. Premium required for face value $280,000

Q: You have taken a loan of $54,000.00 for 37 years at 5.8%o

A: I have provided this answer with full description in step-2.

Q: 2. Alanna plans to add an extension on to her home. She applied for a loan of $30 000. Loans are…

A: Given: Loan amount = $30,000Interest rate r = 8.9%pa or 0.74% per monthPeriod n = 5 years or 60…

Q: Calculate the present value of P 26, 000 at 9% compound quarterly for 20 years O P3,484.3 O P4,384.3…

A: Compound interest

Q: The initial cost is SR 13,866,143 with an annual maintenance cost of SR 2,415,072. Additional major…

A: The solution is given below

Q: John Roe, an employee of The Gap, loans $3,000 to another employee at the store.  He will be repaid…

A: Since there are 4 quarters in a year so final amount is:  A=P1+R/4100t×4   =30001+8/41004×4…

Q: 1. A bank charges 12% simple interest on a P300.00 loan. How much will be repaid if the loan is paid…

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Q: Dave wants to save $20,000 for a down payment on a really cool speedboat. He opens an annuity at…

A: Given: Dave wants to save $20,000 for a down payment on a really cool speedboat. He opens an annuity…

Q: A. Find the amount and interest earned of the following ordinary annuities of which: 1.) periodic…

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Q: 1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is worth 8%…

A: Perpetuity is a type of annuity that has no end.  According to question the data are as follow:-…

Q: Find the maturity value and the amount of simple interest earned. Round to the nearest cent. 2)…

A: Recall the following fact.

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: 2. Sammy borrowed $10,000 to purchase a new car at an annual interest rate of 11%. She is to pay it…

A: