What would be the selling price of a 10-year bond with a face value of P100,000, interest at 20% which is paid quarterly if an investor desires to earn a 16% nominal interest on P100,000 worth of these bonds?

Q: The cost of a four-year private college education (after financial aid) has been estimated to be…

A: Given data,   Here p is amount invested. This quantity is to be found. t is number of years. Here…

Q: By the condition of a will, the sum of P25, 000 is left to be held in trust by her guardian until it…

A: The compound interest is given by:

Q: Mr. Chua had a P50,000 business loan that is to be paid for 1 year. If the interest rate is 10%…

A: Solution :-

Q: Jared was receiving rental payments of $4,000 at the beginning of every month from the tenants of…

A:

Q: at  simple what interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Given Amount(A) = 25000 Principle(P) = 20000 Time(T) = 3years

Q: A student wants to save up to purchase a P105,000 property in cash at the end of 5 years. If he…

A:

Q: What is the total amount of money that you will owe at the end of 4 years if you borrow $5600 for 4…

A: Consider the given information. P=$5600 r=3% t=4 years The formula of simple interest formula is…

Q: What lump sum must be invested at 8%, compounded quarterly, for the investment to grow to $30,000 in…

A: we will useA =P1+rnntGiven A =$30,000r =0.08n=4      (quaterly)t =12 years

Q: A debt of $7000 is to be amortized with 10 equal semiannual payments. If the interest rate is 5%,…

A:

Q: The sale of a property provides for payments of $6,000 due at the beginning of every three months…

A: Quarterly payment =$6000 Quarterly rate =2.266917% The effective rate for 3 months 1+0.09123 Number…

Q: What will be the maturity value of ₱16,000 invested for 5 years at 15% compounded quarterly?

A: Formula: The compound interest formula is given by, A=P1+rnnt, where A-maturity value, P-principle…

Q: A man receives 125,000.00 credit for his old car when buying a new model costing 375,000.00. What…

A: Given information Buying price=$375,000 Old car exchange value=$125,000 Interest rate r=6% Since,…

Q: Olivia was receiving rental payments of $2,000 at the beginning of every month from the tenants of…

A:

Q: What interest rate was applied if a loan of P54, 300 will amount to P83, 000 after 2 years and 6…

A: We need to find the interest rate applied if a loan of P54, 300 will amount to P83, 000 after 2…

Q: A debt of $6000 is to be amortized with 8 equal semiannual payments. If the interest rate is 12%,…

A:

Q: Suppose that the total interest that will be paid on a 25-year mortgage from a home loan of $130,000…

A: The loan = $ 130,000Interest is = $ 380,000Total loan and the interest= ( 130,000 + 380,000)= $…

Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

A:

Q: If you were to invest $800 at 8% interest compounded annually or each year, what would be your…

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Q: A loan of P72, 000 after 3 years will amount to P128, 600 compounded monthly. What interest rate is…

A:

Q: A debt of $9000 is to be amortized with 10 equal semiannual payments. If the interest rate is 5%,…

A: Note that, here P = $9000, r = 0.05, and t = 5 years (since 10 equal semiannual payments).…

Q: The Jones want to save $51,000.00 in 2 years for a down payment on a house. If they make monthly…

A: FV=PMT1+rnnt-1rn FV=51000 t=2 years r=3%=0.03 n=12 for a monthly payment

Q: A debt of $9000 is to be amortized with 6 equal semiannual payments. If the interest rate is 7%,…

A: A debt of $9000 is to be amortized with 6 equal semiannual payments. If the interest rate is 7%,…

Q: Darnell Enterprises constructed an addition to its building at a cost of $70,000. Extra annual…

A: Net cash flow can be calculated as follows:

Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: If you deposit $100 in a bank account that yields an annual percentage rate (APR) of 6%, what will…

A: From the given information, the deposit amount is $ 100.Percentage rate is 6% or 0.06.

Q: When must an obligation of P3,483 be made  to extinguish a loan of P3,000 which bears interest at 4%…

A: Let x be the number of days after which an obligation of P3,483 is to be made to extinguish a loan…

Q: If a bank advertises "triple your money in 12 years", what simple rate of interest is it offering?

A: We need to calculate the simple interest that the bank offers. The bank says "triple your money in…

Q: What lump sum must be invested at 10%, compounded monthly, for the investment to grow to $65,000 in…

A: We have to find a lump sum that must be invested at 10%, compounded monthly, for the investment to…

Q: Keith was receiving rental payments of $2,000 at the beginning of every month from the tenants of…

A:

Q: Your parents are considering a 30 year $100,000 mortgage that charges 0.5% interest each…

A: Given  P= 100000 r= 0.5% n = 360

Q: Noreen Leung has agreed to purchase her partner’s share in the business by making payments of $1,100…

A:

Q: What simple interest rate will convert a $200 investment into $220 in one year?

A: we know the formula: simple interest (SI)=P×r×t100 where P is the principle(investment) amount, r is…

Q: A debt of $8000 is to be amortized with 10 equal semiannual payments. If the interest rate is 9%,…

A: Given the debt amount $8,000. Number of payments is 10 equal payments (Semiannually). Rate of…

Q: Harlan made equal payments at the end of each month into his RRSP. If interest in his account is…

A:

Q: By the conditions of a will, the sum of P25,000 is left to a girl to be held in a trust by her…

A:

Q: What is the cash value of a lease requiring payments of $1,362.00at the beginning of every year for…

A:

Q: What nominal rate of interest convertible once every four years is equivalent to a nominal rate if…

A: What nominal rate of interest convertible once every four years is equivalent to a nominal rate if…

Q: What is the purchase price on a car that has a $264 monthly payment for 5 years, financed at 8% per…

A: The purchase of a car that has a $264 monthly payment for 5 years, financed at 8% per year,…

Q: At what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years noounded…

A:

Q: A 3-year term insurance policy has an annual premium of $300, and at the end of 3 years, all…

A: Here we will use the formula  P0 = C*[1 -(1 +r)-n ]/rWhereP0 = Lump sum depositC= Annual deposit…

Q: Suppose you want to borrow $20,000 for a new car. You can borrow at 6% per year, compounded every…

A: P = monthly payment PV = loan amount r = rate of interest n = number of periods

Q: How much should a $10,000 facevalue, zero-coupon bond, maturing in 10 years, be sold for now if its…

A: Face value =$10000number of years, n=10rate of interest, r=8%=8100=0.08

Q: What is the total amount of money that you will owe at the end of 4 years if you borrow $8500 for 4…

A: What is the total amount of money that you will owe at the end of 4 years if you borrow $8500 for 4…

Q: What is the total amount of money that you will owe at the end of 3 years if you borrow $3100 for 3…

A:

Q: What amount of interest will be charged on P7,300 borrowed for 3 years at simple interest rate of…

A:

Q: If a loan of P45, 000 will amount to P76, 400 when converted quarterly for 3.25 years . what…

A:

Q: If you were to invest $400 at 3% interest compounded annually or each year, what would be your…

A:

Q: A debt of $6000 is to be amortized with 6 equal semiannual payments. If the interest rate is 9%,…

A: We know that-

Q: What annual rate of simple interest is necessary to give interest of $416 on a principal of $800…

A:

Q: If the annual rate of inflation is 4%, find the price of a good at the end of a year if its price at…

A: Let the price at the end of the year is x then by the formula of inflation x-2525×100=4% Because…