13: At 12% of annual interest, if the present value of a perpetuity of Rs. 'R' payable at the beginning of each 4-month period is 3,38,000 Rs then what will be the value of R?
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- 16. a. What do understand by 'amortization‘?b. Against a house, mortgage loan is obtained for Rs. 10,00,000 for 15 years and at annual interest of 12%. What is the annual payment?10. How much must you deposit in a 6% compounded quarterly, 6 year CD, in order to have $30,000 at maturity?6.3 What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 9.8%, compounded semiannually, so that the account will have a future value of $130,000 at the end of 16 years? (Round your answer to the nearest cent.)
- 1. What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded semiannually?26. What is the effective annual interest rate of an investment that pays 6.5% annual interest, compounded daily, assuminga 365-day year? Round your answer to two decimal placeWhat is the future value of a perpetuity paying 100 anually/? Assume 10% interest rate and cash flows at the end of each period?
- Find the simple interest on RM68,000 at 16 2/3% per annum for a period of 9 months?2. How many years will 100,000 earned a compound interest of P 50,000 if the interest rate is 9% compounded quarterly? A. 4.55 B. 5.68 C. 3.55 D. 2.35what;s the present value of perpetuity that pays % 1, 563 per year if the appropriate interest rate is 6.8% ?