1. A man wishes to prepare the future of his 10-year-old son. Determine the monthly savings that the man should make with an interest of 5% per annum to amount P500,000 at the time his son will be 18?

Q: 5. A man wishes his son to receive P200,000 ten years from now, What amount should he invest if it…

A: The future value of the investment is P200,000.  The investment to be done in current period is P.…

Q: 4. An annuity pays $6500 at the beginning of every year for 10 years. If the payments are deferred…

A: Given: Annuity payment each year for 10 years=$6500 Deferred=7 years Interest compounded…

Q: 5. Lerios has a loan business that charges 15% simple interest. Joey borrowed P4000 from Tony; how…

A: Given information, Principal amount (P): P4000 Time period (t): 60 days Interest rate (r): 15% To…

Q: 8. If Ramil invested P20,000.00 at a nominal rate of interest of 14% compounded quarterly. What is…

A: Given that, Ramil invested 20,000.00 Nominal interest rate = 14% or 0.14

Q: 5. A loan of P5, 000 is made for a period of 15 months, from January 1 to March 31 the following…

A: Given information,  Principal amount (P): P5,000 Interest rate (r): 25% Time period (t): 15 months~…

Q: Find the present value at 10% interest of the series of payments below: End of year 1 2 3 Net Cash…

A: The present value is the current value of the future stream of income. The present value is affected…

Q: A man wishes to have 35,000 when he retires 15 years from now. If he can expect to receive 4% annual…

A:

Q: Determine the value of X that would give the following infinite cash flow series a present worth of…

A:

Q: 1- How much can you afford to spend now on an Alarm Fire system if it will save you $21,300 per year…

A: The value that depicts the expected stream of income that is being determined on the date of…

Q: A 25-year-old student is offered an opportunity to invest some money in a retirement account that…

A: Given informations: Amount at the time of retirement, F = 1000000Time, t = 56 - 25 = 31r= 5%

Q: Ranjit has applied for a mortgage loan to buy a $ 501000 house. The bank will require a 20% down…

A: A mortgage loan basically refers to type a secured loan that enables you to borrow money by pledging…

Q: If a bank says that it has a 5% nominal interest rate, but money is compounded monthly in that bank,…

A: An effective annual interest rate is basically the actual return on a savings account or on any…

Q: A man borrowed $45, 500.00 at the interest rate of 8.5% per annum, compounded quarterly. What is…

A: Interest generated on the initial principle plus cumulative interest is referred to as compound…

Q: How much should be put in an investment with a 4% effective annual rate today to have $20,000 in…

A: Given the effective annual interest rate = 4% Future value of the amount = $20000 Number of years =…

Q: 9) At the time of retirement, a couple has $200,000 in an account that pays 8.4% compounded monthly.…

A: here we can find the each withdraw by time value formula which are as follow-

Q: 74. Peggy Sue was left $50,000 by She has decided to put it into a savings ac count for the next…

A:

Q: 3. What is the Uniform Series Present Worth factor for an interest rate of 5.5% over 20 years?

A: Solution - From the question Uniform series - It is a series of uniform payments which are   uniform…

Q: 4. Ellen borrowed P100,000 from a local bank at 10% annually. She must pay back the loan in five…

A: Given; Amount borrowed= P100000 Interest rate= 10% annually Time period= 5 years Number of…

Q: 3. What is the value of an investment of P250,500 after 2 years if it earns 1.5% compounded…

A: Investment value  = P250500 Time period = 2 years Interest = 1.5%

Q: (1 pt) Which has a higher present value, an annual payment of $650, $20,000 payment to be received…

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…

Q: A set of cash flows begins at $25,000 the first year, increasing 10% each year until n = 10 years.…

A: The term “present value (PV)” is defined as the current value of the future cash flows which is…

Q: 2.c How much Interest would be due at the end of one year on a loan of $10,000 if the interest is…

A: * SOLUTION :-  Given that,  Principal ammount (p) = 10000 Rate (R) = 12% Time (t)= 1year

Q: Assume that you want to deposit an amount P into an account 2 years from now in order to be able to…

A: Here we calculate the value of P by calculating the present value and choose the correct option , so…

Q: The present value of a series of $5 at the end of every 5 years, forever, is equal to $20. i.…

A: The concept used here, provides useful insight to form business expectations and to calculate gains…

Q: economics A debt of P100,000 is to be discharged by six (6) semi-annual payments, the first to be…

A: We are going to use Present Value of money approach to answer this question.

Q: 2) An annuity due in perpetuity pays X at the beginning of each year for 10 years and starting at…

A: Given the information: Present value = $3000 g = 2% i = 5% time, t= 10

Q: A set of cash flows begins at $20,000 the first year, with a decrease each year until n = 10 years.…

A: Present value: It is the current value of a future sum of money.

Q: We know that a certain piece of equipment will cost $275,000 in 6 years. How much must be deposited…

A: Answer - Given in the question - Cost = $275,000  t =6 years  interest rate = 8% Need to find -…

Q: 1. What is the present worth of annually payments (2000$) if the first payment will deposit after…

A: Given information, Annual payment (A): $2000 Time period (N): 15 years Interest rate (i): 7% To…

Q: Mr Chen wants to get a lumpsum of 3.5 million pesos when he retires at the end of 20 years. How much…

A: Given, Amount- 3.5 m or  3500000 Time- 20 years Interest 12%

Q: 4. A person want to have 500,000 dollars at the end of 12 years. To obtain that aim, this person…

A:

Q: 6. How much money can be withdrawn quarterly for 18 years from a retirement fund which earns 18% per…

A: Given: The present retirement amount is = $190,000 The rate of interest amount is = 18% compounded…

Q: 14. On January 1, 1997, your brother bought a used car for $8,200, and he agreed to make a down…

A: Price for used car = $8200 Down payment made = $1500 Interest rate = 13.8% Balance is to be repaid…

Q: 2. Abel purchased a ranch worth P400,000. It is to be paid in four years with each annual payment…

A: Compound interest (also called combination interest) is that the interest on a loan or deposit…

Q: 2. Juan dela Cruz loan an amount of P100,000 at a local commercial bank at 10% compou nded annually.…

A: Given information: Present value (P)= P100,000 interest rate (i)= 10% compounded annually Time…

Q: 5. The buyer of a lot pays P50, 000 cash and P10, 000 every month for 10 years. If money is 8%…

A: Compound interest is the expansion important to the principal amount of an advance or store, or as…

Q: 6. If the naminal interest rate is 3%, how much is $5000 worth in 10 years in a continuously…

A: Given the interest rate = 3% Present value = $5000 Time = 10 years

Q: 10. Barbara decides to buy a house for $450,000. She makes a down payment of $40,000 at the time of…

A: here we calculate the monthly payment of the given by following given below as

Q: By condition of a will, the sum of P 2,000 is left to a girl to be held in trust fund by her…

A: "Since you have asked multiple questions,we will solve first question for you.If you want specific…

Q: On the first day of the year, a man deposits 50,000 in a bank at 8% per year, compounded annually.…

A: Interest refers to the amount paid in excess of the principal amount by the borrower to the lender.…

Q: 1. Many small companies use accounts receivable as collateral to borrow money for continuing…

A: The amount of interest that is payable every period, expressed as a percentage of the principal that…

Q: Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th…

A: At the end of second year, P 1,000 were deposited. At the end of third year, P 1500 were deposited…

Q: 1. A company employee wishes to have P60,000 when he retires 18 years from now. If the annual…

A:

Q: 17. A man wishes to prepare the future of his 10 years old son. Determine the monthly savings that…

A: Engineering economics, formerly known as engineering economy, is a branch of economics concerned…

Q: Find the present and future value of an ordinary annuity for 50, 000 quarterly investment at a 3%…

A: Quarterly Investment = 50,000 rate = 3% time = 2 years

Q: 3. Mr. Santos deposits P1,200.00 at the end of each 6 months for 5 years in a bank which earns…

A: The formula used is: A=P(1+r)n where  A is the amountP is the principalr is the rate of interestn is…

Q: Fred is evaluating whether a more efficient motor with a life of 5 years should be installed on an…

A:

Q: 3. Jana invested a hundred thousand pesos in an account now. After eight years, she withdrew the…

A: * SOLUTION :-  *(3)