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A promissory note is a written statement agreeing to pay a sum of money either on demand or at a definite future time. When a note is purchased for its present value at a given interest rate, the note is said to be discounted and the interest rate is called the discount rate. Suppose a $10,000 note due 7 years from now is sold to a financial institution for $5600. What is the nominal discount rate with quarterly compounding? The nominal rate is %. (Type an integer or decimal rounded to two decimal places as needed.)

The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r. P = $3800.00, A = $3885.50, t = 3 months S % (Round to the nearest tenth of a percent as needed.)

The principal P is borrowed and the​ loan's future value A at time t is given. Determine the​ loan's simple interest rate r. P​ = ​$2300​, A​ = ​$2722​, t​ = 6 months.

Find the amount (in $) of interest and the maturity value of the loans. Use the formula  MV = P + I  to find the maturity value. Principal Rate (%) Time Interest Maturity Value $97,000 8 1 4 4 1 2  years $  $

You are told that a note has repayment terms of $1,700 per quarter for 6 years, with a stated interest rate of 8%. How much of the total payment is for principal, and how much is for interest? Calculate using (a) financial calculator or (b) Excel function PV. (Round answers to 2 decimal places, eg. 5,275.25.) Total payment for principal Total interest Determine if the total interest will be higher or lower than with an annual payment. The total interest will be than with an annual payment.

All other things being equal, the numerical difference between a present and a future value corresponds to the amount of interest earned during the deposit or investment period. Each line on the following graph corresponds to an interest rate: 0%, 8%, or 16%. Identify the interest rate that corresponds with each line. VALUE (Dollars) Line A: 01 2 3 4 5 Line B: 6 B Line C: C 7 8 9 10 TIME (Years) Investments and loans base their interest calculations on one of two possible methods: the interest and the interest methods. Both methods apply three variables-the amount of principal, the interest rate, and the investment or deposit period to the amount deposited or invested in order to compute the amount of interest. However, the two methods differ in their relationship between the variables.

The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r to the nearest tenth of a percent. P = $1800.00, A = $1876.50, t = 6 months % (Round to the nearest tenth of a percent.)

The principal P is borrowed at a simple interest rate r for a period of time t. Find the loan's future value A, or the total amount due at time t. P = $3000, r = 8%, t = 4 years $ (Round to the nearest cent as needed.) O

The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.P = $500, A = $530, t = 4 months

Use the formula A = P(1 + rt)to calculate the maturity value of the simple interest loan. (Round your answer to two decimal places.)P = $18,000, r = 8.7%, t = 4 months

Find the amount (in $) of interest and the maturity value of the loans. Use the formula  MV = P + I  to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $185,000 15 1 2 8 months $  $

rive loan is below. Payments of $1,987.26 are made monthly. Payment # Payment 1 1,987.26 2 1,987.26 3 1,987.26 Interest Debt Payment Balance 1,604.17 383.09 1,602.41 384.85 1,600.65 386.61 Provide your answer below: X Y Z Calculate the value of z, the balance of the loan at the end of month 3. Give your answer to the nearest dollar. Do not include commas or the dollar sign in your answer.

Forte Company estimates two scenarios of possible future notes receivable uncollectibles and the probability of each not being collected in the next year. The risk-free rate is 4%. (Click the icon to view the scenarios.) (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table. Requirement For each of the scenarios, compute the expected cash flow value based on the probabilities given. Compare the expected cash flows on each case. $ Estimated Loss 55,000 165,000 1,500,000 Total expected cash flow loss - Scenario 1 Scenario 1: Probability of Loss Occurring Scenario 1 Scenario 2 20 % 75 % 5% Expected Cash Flow Loss $ $ 11,000 $ 123,750 75,000 209,750 (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) Scenario 2:…

The principal  P is borrowed at a simple interest rate R for a period of time T. Find the loans Future Value A or total amount due at the time. P= 39000   R= 6.5%    t= 3 years

1. Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I  to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $145,000 14 1 2 5 months $  $    2.Use MV = P(1 + RT)  to find the maturity value (in $) of the loan. (Round your answer to two decimal places.) Principal Rate (%) Time Maturity Value $5,600 7.4 14 months $

1. Let's assume that a loan of $100,000 with an annual interest rate of 6% over 30 years pays monthly payments of $500. a. Calculate the accumulation rate  b. Calculate the payment rate . c. Answer : How will the balance of the principal be at the end of the loan in relation to the original amount of the loan? Less, equal or greater? Provide calculations.

please do the following questions with full working

A non-interest bearing note has a face value of $3000. The note is due 96 days from today. Money is currently worth 8% per annum. Find the present value of the note. Select one: a. $2938 b. $3063 c. $2778 d. $2923

4.Find the amount (in $) of interest and the maturity value of the loans. Use the formula  MV = P + I  to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $145,000 15 1 2 5 months $   $

A loan is to be amortized by n level annual payments of X where n > 5. You are given (1) The amount of interest in the first payment is 604.00 (2) The amount of interest in the third payment is 593.75 (3) The amount of interest in the fifth payment is 582.45 Calculate X.

1. Use MV = P(1 + RT)  to find the maturity value (in $) of the loan. (Round your answer to two decimal places.) Principal Rate (%) Time Maturity Value $5,600 7.4 14 months   2Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $6,000 12 years 6 semiannually $  $

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