If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the end of 200 days? O a. P21,323.33 O b. P21,332.33 O c. P21,233.33 O d. P21,333.33
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- Stephen loaned P600,000.00 from a bank with interest at 6% compounded annually. He agreed to pay his obligations by paying 5 equal payments, the first being due at the end of 10 years. Find the annual payments a. P225,228.00 O b. P255,228.00 O c. P255,822.00 O d. P255,282.00If interest is at the rate of 8% compounded semi-annually, what sum must be invested at the end of each 6 months to accumulate Php100,000.00 at the end of 5 years? O a. P8,932.00 O b. P8,392.00 O c. P8,329.00 O d. P8,239.00Money is compounded annually at the rate of 6%, find the present value of a sequence of 12 semi- annual payments of P300.00 each, the first of which is due at the end of 4 ½ years. O a. P1,719.00 O b P1,197.00 O c. P1,179.00 O d. P1,917.00
- If the effective annual interest rate is 16%, what is the nominal annual rate if compounding is bi-monthly? O a. 15.41% O b. 16.64% O c. 15.03% O d. 17.35% O e. 17.11%An interest pays 1% interest rate, calculate the nominal rate of interest compounded weekly? O 52% O 32% 42% 62%How long in years will a certain sum of money to triples its amount vhen deposited at a rate of 13% compounded monthly? O 9.50 vrs O 10.50 vrs O 8.50 yrs O 11.50 yrs - please use manual calculation thank you
- Find the present value, in pesos, of a perpetuity of P20,000 payable semi-annually if money is worth 9% compounded quarterly. O a. P434,783.00 O b. P434,738.00 O c. P443,783.00 O d. P434,378.00Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4% compounded quarterly a. 9596.347 b. 6946.197 O c. 6246.147 d. 8246.147 e. 9246.147I thought the formula needed to find the interest rate is i= (FW/PW) ^ (1/# of years) - 1. frim what i understand givens are F = 100000, P = 80000, n = 15. and i dint know why A is given but its 5000. I need this type of notation (A/P, i%, 15) not pure math notation Vi paja (e) $5,000 now for $225 at the end of each year 3-9. A company can either buy certain land for outdoor storage of equipment or lease it on a 15-year lease. The purchase price is $80,000. The annual rental is $5,000 payable at the start of each year. In either case, the company must pay property taxes, assessments, and upkeep. It is estimated that the land will be needed for only 15 years and will be salable for $100,000 at the end of the 15-year period. What rate of return before income taxes will company receive by buying the land instead of leasing it? (Ans. 7.7%) 100 for a prepaid
- Assume that you want to deposit an amount P into an account 2 years from now in order to be able to withdraw $400 per year for 5 years starting 3 years from now. Assume that the interest rate is 16% per year. Calculate the value of P ? Select one: a. 1,785.8 b. 2,452.2 c. 1309.71Suppose that under the Plan of Repayment one should pay off the debt in a number of equal end-of-month installments (principal and interest). This is the customary way to pay off loans on automobiles, house mortgages, etc. A friend of yours has financed $15,000 on the purchase of a new automobile, and the annual interest rate is 6% (0.5% per month). a. Monthly payments over a 36-month loan period will be how much? b. How much interest and principal will be paid within three month of this loan? Click the icon to view the interest and annuity table for discrete compounding when i = 0.5% per month. a. The monthly payment over a 36-month loan period is $ 456.3. (Round to the nearest cent.) b. Fill in the table below. (Round to the nearest cent.) Payment Number 1 2 3 Interest Payment $ $ $ Principal Repayment $ $ $ Remaining Loan Balance $ $ $Suppose that under the Plan of Repayment one should pay off the debt in a number of equal end-of-month installments (principal and interest). This is the customary way to pay off loans on automobiles, house mortgages, etc. A friend of yours has financed $15,000 on the purchase of a new automobile, and the annual interest rate is 6% (0.5% per month). a. Monthly payments over a 36-month loan period will be how much? b. How much interest and principal will be paid within three month of this loan?