1. Shirly started to deposit 18,000 semi-annually in a fund that pays 5% compounded semi-annually. How much will be in the fund after 10 years?

Q: How much more is a perpetuity of $2,000 worth than an annuity of the same amount for 10 years?…

A: Formula using here,  PV of perpetuity =Amountinterest rate =20004%=$50,000

Q: If you have been hired at an annual salary of $23000 and expect to recieve annual increases of 5%.…

A: Solution

Q: 3. A monthly deposit of P2,000.00 was made at 12% compounded semi annually. How many years will the…

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

Q: ow much would be the final payment to be made by Karlo for his loan of P45,000 payable in 12 months…

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Q: What lump sum of money must be deposited into a bank account at the present time so that ​$6,600 per…

A: Given that $6,600 per year can be withdrawn for 7  years, with the first withdrawal to start four…

Q: Mr. Geconcillo has a P50,000 loan with interest at 14% compounded monthly due 3 years starting…

A:

Q: Mr. Dela Cruz obtain a loan for P2,000,000 at the rate of 12% compounded monthly in order to build a…

A: Here we want to calculate monthly cost to clear the loan within 10 years.

Q: 4. The price of a house is 400000. Then, you make a down payment of 130000 and take a 30-year…

A:

Q: A father wants to set aside money for his son's future college education. Money can be deposited in…

A: Consider the yearly amount deposit=$x The rate of interest r=8.5%=0.085 The amount of money at the…

Q: d) Sofea is saving for the down-payment on a house and plans to buy the house in 3 years. How much…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: Your rich aunty loans you $40000, for the down payment on a house, at a simple interest of 2% (the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: The price of a new car is $20,000 . Assume that an individual makes a down payment of 25 % toward…

A:

Q: I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I…

A: Here,  Pmt=15,000r=7.3%n=4t=10

Q: A man borrowed 24000 from two money lenders. For one loan he paid 15% annum and for the other 18%…

A: Let x be the amound borrowed on 15% and (24000-x) at 18% Given taht total interest paid is Rs 4050

Q: I will invest Nu. 500 per quarter for my retirement at 7.3% compounding quarterly for 32 years. I…

A: Given information Quarterly deposit P=$500 Annual interest rate  r=7.3% Period of paymentn=32 years…

Q: Noreen Leung has agreed to purchase her partner’s share in the business by making payments of $1,100…

A:

Q: 2.     Suppose Lita lends to Lito ₱13,650.00 under the condition that simple interest will be…

A: We need to determine the amount that Lito needs to pay after 1 year and the interest earned by Lita.…

Q: What is the present value of a loan when a monthly payment of P3, 250 is needed to extinguish for…

A: To solve the given problem we shall use the following formula…

Q: How much is the cash value of the car if the interest used is 12% monthly?

A: Given:monthly payment =17,000 Interest rate=12% Formula used: PV annuity=P×1-1+I-nI

Q: 3. Suppose you'd like to save enough money to pay cash for your next car. The goal is to save an…

A:

Q: 14. If * -2 1 A = -3 5 -1 Then adj(A) -11 3 -5 -9 6 -10 -3 2 1 11 9 3 -3 -6 -2 5 10 -1 -11 -9 -3 |…

A:

Q: The price of a house is 400000. Then, you make a down payment of 130000 and take a 30-year mortgage…

A:

Q: Mr. Tan borrowed P15,000 from the faculty fund at 13.25% simple interest for 210 days. How much…

A: Given:   Let Borrowed Amount (P')  = P15,000 and rate of interest = 13.25% ,  time period 210 days…

Q: Rita wants to buy a lot which costs 1 million pesos. She plans to give a down payment of 20% of the…

A: Given that  Rita wants to buy a lot which costs 1 million pesos. She plans to give a down payment of…