Q: An amortization of a debt is in a form of a gradient series of P20,000 on the first year, P19,500 on…
A: We have given Year cash flow ( end of the year) 1 20,000 2 19500 3 19000 4 18500 We…
Q: Determine the current amount of money that must be invested at 12% nominal interest, compounded…
A:
Q: Money borrowed today is to be paid in 6 equal payments at the end of six quarters. If the interest…
A: As the interest rate compounded quarterly we need to divide the interest rate by 4. And will use
Q: Compare the interest earned from an investment of P50,000 for 15 years at 10% per annum simple…
A: In the question above, it is given that : Amount of Investment (P) = P 50,000 Time period (T) = 15…
Q: How many years are required for P1,000 to increase to P2,000 if invested at 9% compounded…
A: Interest refers to the amount paid in excess of the principal amount by the borrower to the lender.…
Q: If the simple interest on a sum of money for 3 years at 5% per annum is P2,500, what is the compound…
A: We have, Principal = p Time = 3 years Rate of Interest = 5% Formula of SIMPLE INTEREST (SI)…
Q: The cash flow transactions shown in the cash flow diagram below are said to be equivalent to 9% of…
A: PW of known cash flows (TL) = 280 + 210 x P/F(9%, 1) + 140 x [P/F(9%, 2) + P/F(9%, 3)] + 210 x…
Q: An amortization of a debt is in a form of a gradient series of P5,000 on the first year, P4,500 on…
A: In the given cash flow P1=5000, P2=4500, P3=4000, and P4=3500 Therefore uniform gradient amount…
Q: Please provide COMPLETE and CLEAR SOLUTION. 5. If the sum of P12,001 is deposited in an account…
A: In case of Compound Interest, interest is added to the initial investment. As a result the person…
Q: A self employed individual, Jimmy Carpenter, is opening a retirement account at a bank. His goal is…
A: A income series that will increase or drops by a continuing quantity every amount is thought as…
Q: An equipment can be bought on installment basis with 24 monthly payments of P3,440, each payable at…
A: Interest rate = 12 % compounded monthly Monthly rate = 1 % Time = 24 months Payment = monthly
Q: At a certain interest rate compounded quarterly, P1k will amount to P5k in 10 years. What is the…
A: The amount is compounded quarterly, so the rate of interest per quarter is r/4 and total number of…
Q: Find the total amount after the investment period in semi-annual payments of 1000 pesos if the first…
A: In economics, the present value refers to the current value of a future stream of cash flow. Future…
Q: Pharma Manufacturing is considering a medical process that is expected to reduce its annual…
A: Effective interest rate (i) can be calculated by using the following formula.
Q: 28) Find the equivalent of present worth (t = 0) of a uniform series of $7000 for 7 years, if the…
A: Note: We will answer the first question since the exact one was not specified. Please submit a new…
Q: You consider paying equal amounts of money into a bank account at regular intervals for 10 years. As…
A: a) we have $500 at the end of each month for 10 years i(12) = 12% So the monthly effective rate of…
Q: How much money would you have to deposit for 20 consecutive periods starting 1 year from now if you…
A: Money is the value that is used to buy or sell goods and services in an economy. Money is supplied…
Q: Suppose that the parents of a young child decide to make annual deposits into a savings account,…
A: n = 11 years r = 6%
Q: A house and lot can be acquired by a down payment of P500,000 and a yearly payment of P100,000 at…
A: Answer Down payment = P 500000 Annual payment = P 100000 Number of annual payments = 10 Discount…
Q: What are the present worth and the accumulated amount of a 12 year annuity paying Php 12,000 at the…
A: In economics, present value refers to the current value of a future stream of cash flow. Net present…
Q: Find the present value of a deferred annuity of P6362 every six months for 3 years that is deferred…
A: Given deferred annuity (A) =6362 every six months Time =3 years rate of interest =4% compounded…
Q: posits 95,000 pesos every year end in an investment which pays a nominal annual rate of 7.65%…
A: Given Information
Q: A person deposited P1,000 in a 2% account compounded continuously. In a second account, he deposited…
A: Given Information A1 = 1,000e0.02t A2 = 500e0.08t If A1 = A2 Then, 1,000e0.02t = 500e0.08t 2= e0.08t…
Q: Lilly deposits $800 every month into an account that earns 5% annual interest where interest is…
A: We can calculate the amount at the end of 4 years semi-annually with the help of the following…
Q: Suppose that S1,000 is invested for six years at an interest rate of 10% per year, compounded…
A: Given information, Present value (P)=$1,000 Interest rate (r)= 10% compounded annually Time period…
Q: It is desired to have P100,000 two years from now by depositing P20,000 now and 10 uniform monthly…
A: Desired to have 100,000 two years from now by depositing 20,000 now and 10 uniform monthly amounts,…
Q: A construction company buys a tractor, paying $10,000 in cash and agreeing to pay $5,000 every six…
A: Dear Student, I understand you need this answer without excel but the calculation is not possible…
Q: A man wishes to accumulate P3,733 after 5 years, 8 months and 28 days. How much should be deposited…
A: Given: The accumulated amount is = P3,733 Years = 5, 8 months, and 28 days The interest rate is =…
Q: A certain manufacturer deposits P100,000 at the end of every month to save up P5,500,000 for a…
A: Given that a certain manufacturer deposits P100,000 at the end of every month to save up P5,500,000…
Q: Jaymarc wants to surprise his family through buying a brand new car. He plans to pay it indefinitely…
A: The price of the car when paid in cash is 2,300,050. This represents the present value of the car.…
Q: How much money will be required four years from today to repay a P100,000 loan that is made today…
A: Given Loan amount =100,000
Q: If P15,000 is earned in three months on an investment of P600,000, what is the annual rate of simple…
A: Simple interest(SI)=P×R×T100 Where, P=Principal R=Rate of interest and T=Time in years
Q: Don Solomon wants to set up a scholarship program with his alma mater. If P941498 is needed per year…
A: Here, given information is, Annual payment (A) is given as P 941498 Interest rate (r) is given as…
Q: Money borrowed today is to be paid in 6 equal payments at the end of 6 quarters. If the interest is…
A: Given that: i = 0.124 = 0.03n = 6A = 200000to find: P = ? P = A1+in-11+ini
Q: Mr. and Mrs. Ramirez bought a house and lot with a down payment of P1,000,000.00 and a yearly…
A: Given Data:Down Payment = P 100,000Yearly Payment = P 200,000Period = n = 10 years (Starting from…
Q: If your goal was to have the largest amount of money in your bank account in two years, which of the…
A: The individual has to invest a certain amount for a period of two, which of the following will give…
Q: What annuity is required over 10 years to equate with a future amount of P20,000? Assume i= 6%…
A:
Q: At a certain interest rate compounded semi-annually, P5,000 will amount to P23500 after 10 years.…
A:
Q: A gasoline engine is available on instalment basis with a down payment of P 11,645 and P 4,158 at…
A: Answering the first one as per the answering guidelines. Formula to calculate is A = P(1+r/n)^n^t
Q: Determine the accumulated amounts after 5 years of P1,000.00 invested at the rate of 10% compounded…
A: Since you have posted multiple questions, as per guidelines we can solve only the first question per…
Q: Three months ago, Jim purchased $11,000 of U.S. Treasury bonds. These bonds have a 30-year maturity…
A: by using the present value method we calculate the current value of bond by using the given…
Q: An advertisement of an investment firm states that if you invest P500 in their firm today you will…
A: Given Initial Deposit D=$500 Future Value FV=$1000 Number of years =4.5
Q: find the solution 4. An annual deposit of P 1,270 is placed on the fund at the end of each year…
A: To find the worth of fund after 9 years we calculate the future value of annuity payments to the…
Q: be paid over the eight-year period? The interest amount is paid at the end of each year. Year.…
A:
Q: Suppose that the interest rate is 10% per year, compounded annually. What is the minimum amount of…
A: please find the needed answer below.
Q: What is the equal payment series for 10 years that is equivalent to a payment series of P12,000 at…
A: The present value (PV) of the future cash flow can be calculated by the following formula: i=8%…
Q: What payment ten years from now is equivalent to P1,000 six years from now if the interest rate in…
A: Let P is the unknown amount 10 year from now. A. Compounded Annually. P/(1+0.15)10 = 1000/(1+0.15)6…
Q: If you know that the future worth equal 964483 for the following cash flow diagram then what is the…
A: The cash flows are calculated with an interest rate of 8%. P refers to the principal amount or the…
Q: Suppose that the parents of a young child decide to make regular annual deposits into a savings…
A: Cash flow diagram is picturized depiction of cash inflows and outflow in any given point of time .…
A building is to be paid indefinitely at the rate of 3.5%. The building’s price is P1M if paid in cash. What is the amount of the building today for 12years at the rate of 4.83% compounded continuously?
ANSWER: P = ₱311,116.0121
Please solve and explain!
Step by step
Solved in 2 steps
- 1. Determine the exact simple interest on P8,500 for the period from Feb. 2 to Dec. 25,2020, if the rate of interest is 22%.If your goal was to have the largest amount of money in your bank account in two years, which of the following would you choose? (Assume that the beginning deposit and all interest earnings remain in the account for the full two years.) a beginning deposit of $1,010 earning, 3% per a beginning deposit of $950, earning 5% per year a beginning deposit of $930, earning 8% per year a beginning deposit of $1,000, earning 4% per yearSuppose that the parents of a young child decide to make annual deposits into a savings account, with the first deposit being made on the child's fifth birthday and the last deposit being made on the 15th birthday. Then, starting on the child's 18th birthday, the withdrawals as shown will be made. If the effective annual interest rate is 8% during this period of time, what are the annual deposits in years 5 through 15? Use a uniform gradient amount (G) in your solution.
- You are preparing to buy a vacation home five years from now. The home will cost $100,000 at that time. You plan on saving three deposits at an interest rate of 10%:Deposit 1: Deposit $12,000 today.Deposit 2: Deposit $15,000 two years from now.Deposit 3: Deposit $ X three years from now.How much do you need to invest in year three to ensure that you have the necessary funds to buy the vacation home at the end of year five?A person buys a piece of lot for Php 104239 down payment and 10 deferred semi-annual payments of P 5,000 each, starting 6 years from now. What is the present value of the investment if the rate of interest is 13% per year compounded quarterly? Round off the interest rate to five decimal places. Round your answer to 2 decimal places.A bitumen highway entails no maintenance until the end of two years when P60,000 will be needed for preservations. After this, P90,000 will be needed for conservations at the end of each year for the next five years, then P120,000 at the end of each year for the next five years. If money is worth fourteen percent compounded annually, what was the equivalent uniform annual cost for the twelve-year period?
- With continuous compounding at 8% for 20 years, what is the approximate future value of a $20,000 initial investment? $915,240 $52,000 $99,061 $93,2196. Determine the accumulated amounts after 5 years of P1,000.00 invested at the rate of 10% compounded daily? 1,628.90 1,648.61 1,645.31 8. What is the effective rate of interestof P500.00 to be four times its value if invested at the rate of 10% compounded semiannually? 11.30% 10.25% 5.18%You are preparing to buy a vacation home eight years from now. The home will cost $50,000 at that time. You plan on saving three deposits at an interest rate of 10%: Deposit 1: Deposit $10,000 today. Deposit 2: Deposit $12,000 two years from now. Deposit 3: Deposit $X five years from now. How much do you need to invest in year five to ensure that you have the necessary funds to buy the vacation home at the end of year eight?
- At a certain interest rate compounded quarterly, P1k will amount to P5k in 10 years. What is the amount at the end of 15 years? a. P18,781.582 b. P9,781.691 c. P1828.582 d. P11,180.09The MSC Construction Company agreed to pay P100,000 for a new bulldozer with an expected life of 20 years. After delivery, it was found that the dozer had only 85% of the guaranteed horsepower. If a more efficient machine would increase the earnings of the company by an estimated P12,000 annually, what would the company be willing to pay for the more efficient machine ? Interest is 12% compounded annuallyAn amortization of a debt is in a form of a gradient series of P10,000 on the first year, P9,500 on the second year, P9,000 on the third year, P8,500 on the fourth year. Determine the future amount of the amortization if interest is 0.11. Use one of the following formulas. Show complete solution.