Q: Explain the true effect of more frequent compounding on annual interest amounts?
A: With more frequent compounding, the returns are higher. With the increase in compounding periods,…
Q: If you borrowed P10000 from a bank with 18% interest per annum, what is the total amount to be…
A: Amount to be repaid = principle amount + interest payment
Q: How long will Mr. Gutierrez earn ₱750,000 if he wants to invest by depositing ₱13,315.42 at the end…
A: In the question, it is given that, The deposited amount at the end of every quarter is P13,315.42.…
Q: A lottery claims its grand prize is $20 million, payable over four years at $4,000,000 per year. If…
A: We know that, PV = FV / (1+r)n So, PV of all cash flow of this lottery is, PV = $4,000,000 /…
Q: Define the term effective semiannual interest rate?
A: The interest is the income generated by the capital in the economy. The interest is the amount paid…
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: 6.Compute the nominal interest rate of a continuously compounded loan if the effective interest rate…
A: In case of continuous compounding, effective interest rate is given by - r = ei - 1 where r =…
Q: An investor (owner) has an option to purchase a tract of land that will be worth $20,000 in ten…
A: Compound interest rate is one of the methods of calculating interest rate. It calculates the…
Q: The CEO of a company is to give each nominal interest of his 50 employees a bonus. How much is…
A: The total holiday bonus is (50)($1000) = $50,000 Use the uniform series sinking funds discount…
Q: To make CDs look more attractive than they really are, some banks advertise that their rates are…
A:
Q: A discount interest loan is a loan arrangement where the interest and any other related charges are…
A: The given information: Loan for 1 year is 10,000 The monthly payment is 1,400 Net fund the lender…
Q: For a simple interest loan with interest rater (expressed as a decimal), the amount A due at the end…
A: Under simple interest, compounding is done on a fixed principal.
Q: Determine the current yield on a bond with a $200 annual interest repayment as well as a $1,550…
A: Bonds are a type of debt instrument that stand in for loans given to the issuer. Bonds are a…
Q: How many years will it take an investment to triple if the interest rate is 8%compounded(a)…
A:
Q: Which is the better investment, a fund that pays 5% compounded annually or one that pays 4.8%…
A: Discretely compounded interest is determined and added to the head at explicit spans (e.g., every…
Q: Question (1): Mark "True" for the correct phrases and "False" for the incorrect phrases * True False…
A: in a market, when an individual make an investment, he must analyze the codt and returns associated…
Q: A man borrowed P280,000 and agrees to pay the loan at the end of each month for 48 months at 1.5%…
A: Given Borrowed amount P=280,000 Interest rate =1.5% compounded monthly. Time (n) = 48 months
Q: Which of the following is the preferable interest rate for investing your money? (i) 12% Compounded…
A: Given: Interest rate (r)=12%
Q: If Mr. Joe deposits $5000 every year for 30 years except year 8,13 and 21 into a savings acccount of…
A: Money deposit per year = $5000 Number of years for deposits = 27 years (since three years are…
Q: Define the term Interest?
A: Interest refers to the amount of money that an individual gets paid for investing or lending money…
Q: Find the 7 uniform annual deposits that can provide a single withdrawal of $38,500, at 2 years after…
A:
Q: Liz plans to deposit $10,000 in the bank now and another $5,000 two years from now. If she plans to…
A: Deposit = 10,000 deposit after 2 years = 5,000 withdraw after 5 years = 8,000 interest rate = 10%
Q: What is the percentage change in price for a zero coupon bond if the yield changes from 6.5% to…
A: Face value is a financial term used to describe the nominal or dollar value of a security, as stated…
Q: A $10,000 bond with a coupon rate of 1% and a yield of 2% will pay a yearly interest amount of:
A: Given the bond price = $10000 Coupon rate = 1% Yield = 2%
Q: If an investor invests a sum of $1000 in a bank for 1 year with an interest rate of 10% compounded…
A: Given the invested amount = $1000 The investment made for a time period = 1 year Interest rate = 10%…
Q: If you had BD 4,500 now and invested at 13% interest compounded annually, how much would it be worth…
A: Investment Amount = 4500 r = 13% n = 8
Q: 15,000 =(1+r) 3500+24000 How do I find what is interest (r)? Please provide an breakdown of…
A:
Q: Jamie saves P4000 every three months in a bank that pays 0.85 compounded monthly. How much will be…
A: Given: The principal amount is = P4,000 The interest rate is = 0.85% compounded monthly Time period…
Q: On the 15th May 2012, Jenica saved $6,000 in an account which offered a simple interest rate of 8%…
A: Given: Principal = 6000$ Rate = 8 P.C.P.A. Time = 200 days To find: Amount = ?
Q: Which formula is correct for the simple interest calculation? Select one: O a. F = P(1-in) O b. F=…
A: Simple interest considers the overall interest that is earned on a principal amount after a…
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: How much should Jane return at the end of 60 days if she loaned P10,000 from a friend at a simple…
A: The simple interest rate refers to a percentage figure which indicates the proportion of the…
Q: Can any lump-sum amount be converted into a series of equal annual payments? How?
A: The onetime payment or a redemption of funds at a given time point is called the lump-sum. The…
Q: Mr. Mallari borrowed P200, 000. The terms of the loan are 10% interest for 10 years with uniform…
A: Borrowed = 200,000 interest rate = 10% time Period = 10 year
Q: Rashed wants to make his investment triple its value at the end of twelve (12) years’ time. What…
A: We need to assume some terms such as interest rate , principle amount and then nee dto calculate the…
Q: Question 2. Based on the following cash flow diagram, calculate the value of X with the interest…
A: here we calculate the value of X by using the given cashflow so the calculation of the following by…
Q: A loan of P7000 is made for a period of 15 months at a simple interest rate of 15%. What future…
A: The two methods used to calculate the interest on loans are simple interest and compound interest.…
Q: An advertisement of an investment firm states that if you invest ₱500 in their firm today you will…
A: The investment curve refers to the indirect relationship between interest rate and investment. The…
Q: In both of the simple and compound interest cases a higher rate means the borrower pays more. true…
A: When an individual borrows money from another individual or financial institutions, he has to pay…
Q: What is the yield to maturity on a simple loan for $5 million that requires a repayment of $9…
A: Yield to maturity is close to the current yield in that it divides annual cash inflows from a bond…
Q: A 5-year ordinary annuity has periodic cash flows of $100 each year. If the interest rate is 8…
A: In economics, present value refers to the current value of a future stream of cash flows. Future…
Q: Suppose Alice decides to put some money in a new account that compounds twice per year. At the…
A: Compounding Compounding is the act of reinvesting an asset's profits, whether they be from capital…
Q: Inez wants to have $13,500 in 5 years. Use the present value formula to calculate how much Inez…
A: Compound interest (or compounding interest) is the interest on a loan or deposit calculated based on…
Q: A trust will pay you $50,000 per year for 30 years starting 1 year from now. Assuming an interest…
A: Cash flow is the movement of money in and out of a company. Cash received signifies inflows, and…
Q: Compare the interest earned by $9,000 for six years at 7% simple interest with interest earned by…
A: Simple interest and compound interest are earned on initial amount deposited but with sufficiently…
Q: what is the present value of a loan when a monthly payment of ₱3,250 is needed to extinguish for 3.5…
A: Present Value gives the value of a series of cash flows when it has been discounted with the current…
Q: Calculate the current yield on a bond that has an annual interest payment of $200 and a resale price…
A: Bond: It is an instrument of indebtedness of the bond issuer to the bondholder.
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- An electronics retailer wants to send codes for $10 off a pair of headphones to the subscribers of its e-mail list. The coupon code will have two letters followed by three digits. The letters A , B , C , and D and the digits 6 and 9 will not be used. So, there are 22 letters and 8 digits that will be used. Assume that the letters and digits can be repeated. How many such coupon codes can be generated? couponcodesplz solve both questions within 30-40 mins I'll give you multiple upvotes.pls solve both parts of this ques within 30-40 minutes I'll give you multiple upvotes
- Thank you for helping me understand but for the step 2 calculations, is the final answer 4.768 or 3.387? Or is both a part of it?Techstreet.com is a small web design business that provides services for two main types of websites: brochure sites and e-commerce sites. One package involves an up-front payment of $90,000 and monthly payments of 1.4¢ per “hit.” Kathy Cutler has a new eBay franchise and is considering the e-commerce package. She expects to have at least 6000 hits per month, and hopes that 1.5% of the hits will result in a sale. If the average income from sales (after fees and expenses) is $150, what rate of return per month will Kathy realize if she uses the website for 2 years?Please Solve In 10mins