3 On July 1, 2015, AA Company borrowed Php5,000,000 from ASC Bank at the rale of 10% a year, The loan is paid at the rate of Php500,000 every December 31 and June 30 until the full amount is paid. How much is the interest of the loan for December 31,2015. a. Php250,000 b. Php300,000 C. Php150,000 d. Php100,000

3 On July 1, 2015, AA Company borrowed Php5,000,000 from ASC Bank at the rale of 10% a year, The loan is paid at the rate of Php500,000 every December 31 and June 30 until the full amount is paid. How much is the interest of the loan for December 31,2015. a. Php250,000 b. Php300,000 C. Php150,000 d. Php100,000

Name: 3 On July 1, 2015, AA Company borrowed Php5,000,000 from ASC Bank at
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Description: 3 On July 1, 2015, AA Company borrowed Php5,000,000 from ASC Bank at the rate of10% a year, The loan is paid at the rate of Php500,000 every December 31 and June30 until the full amount is paid. How much is the interest of the loan for December31.20

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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1. Find the present value at 12% interest of Php 1,000 due in 5 months. 2. A bank charges 11% discount on short term loan& Find the sum received by the borrowerwho requests Php1,500 from October 3, 2011 to March 01, 2012, Use exact simple interest. 3. Law borrowed $2000 from Bence at 8% per annum. After 6 year he cleared the amount bygiving $2600 cash and a toy car. Find the cost of the toy car.
1. CM Company borrowed 2,000,000 from a bank on June 30, 2015. The loan has an annual interest rate of 10% and the principal is payable at the end of every quarter amounting to 250,000. The first quarterly payment will be on September 30, 2015. Prepare an amortization schedule for 2015 until the loan is fully paid on June 30, 2017. How much interest expense is incurred in 2015 and 2016 with respect to this loan?
Pls answer asap. Thank you .. I will rate helpful
QUESTION 1 a. NewBank started its first day of operations with ¢ó million in capital. ¢100 million in checkable deposits is received. The bank issues a C25 million commercial loan and another ¢25 million in mortgages, with the following terms: Mortgages: 100 standard 30-year, fixed- rate with a nominal annual rate of 5.25% each for ¢250,000. Commercial loan: 3-year lban, simple interest paid monthly at 0.75%/month. If required reserves are 8%, what does the bank balance sheets look like? Ignore any ban koss reserves. b. How do the concepts of adverse selection and moral hazard explain the credit risk management principles that banks adopt?
asap pls
CM Company borrowed Php2 000 000 from a bank on June 30, 2015. The loan has an annual interest rate of 10% and the principal is payable at the end of quarter amounting to Php250 000. The first quarterly payment will be on September 30, 2015. Prepare an amortization schedule for 2015 until the loan is fully paid on June 30, 2017. How much interest expense is incurred in 2015, 2016 and 2017 with respect to this loan
9. Marissa took a loan of RMY from Bank Perpaduan at interest rate of 6.5% compounded every two months.After 8 years, the amount to be paid is RM8,386.65.Find Y.(RM5000)
Question 11 A loan is to be amortized at 8% compounded semi-annually by paying Php2,375 every six months for 12 years. What is the outstanding balance at the end of 6 years? Php28,500 Php22,289.55 Php57,000 Php44,920.57
← Dirk Ward borrowed $13,000.00 for investment purposes on May 26 on a demand note providing for a variable rate of interest and payment of any accrued interest on December 31. He paid $1000 on June 5, $100 on September 27, and $900 on November 24. How much is the accrued interest on December 31 if the rate of interest was 5% on May 26, 5.6% effective August 1, and 5.85% effective November 12 The accrued interest on December 31 is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
need ASAP please
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1. A loan of Php 2,500 is made for a period of 13 months at an interest rate of 5%, compounded bimonthly. What future amount is due at the end of the loan period? 2. A man deposits Php 6,000 in a strange bank that promises 1.5% simple growth interest for 'w' years. After that, 2% interest will begin for 'x' years, which is to be compounded semiannually. If the man wishes the future amount to be up by 147% its principal amount. How many years should the money sit in this strange bank given that the time of "x" is twice as much as "w"? 3. If you let your friend borrow Php 50,000 for an interest rate of 5% compounded continuously, when does your greedy self become a millionaire?

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