0 down payment and 10 quarterly instaliments, the due at the end of the first year after purchase. If money is worth 15% compounded quarterly. The corresponding value due at the end of the 1st year after purchase is: A. 9.23787 B. 0.0375 C. 8.21278

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A:

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A: Present value is commonly used in various financial calculations, such as determining the fair value…

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Q: what is the equivalent annual cost of the maintenance?

A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…

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A: The time value of money is the idea that a given amount of money today is worth more than the same…

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A: The time value of money (TVM) is a financial concept that recognizes the idea that a sum of money…

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A: Interest expenses The amount that the borrower pays for the funds borrowed is called the interest…

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A: In this we have to calculate present value FACTOR and annual instalment.

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A: The cash price can be computed as the sum of down payment and present value of the loan.

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A: Reducing balance method means that interest is charged on the principal amount of loan outstanding…

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A: The loan can be repaid by making periodic payments which can be monthly or annual etc. These…

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A: Since you have asked multiple question, we will solve the first question for you. If you want any…

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A: Given,  The sale price is P20,000. Payment is P1650 for each month is 6% compounded monthly Number…

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A: present value of annuity formula: PVA =A×1-11+rmm×nrmwhere,A=annuityr=ratem=frequencyn=years present…