4. Find the compound amount and interest on P360,000 for 8 years and 6 months at 10% compounded semiannually. Solution:
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this is a compound interest problem. do this typewritten, please. I will upvote. thank you. no upvote for handwritten
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- Part 2: COMPOUND INTEREST: Show your complete solutions. 1.) Find the final or compound amount of P15,900.00 at 5.5% interest compounded annually for 18 months. 2.) Find the interest on P25,750.00 for 3 years at 8% compounded quarterly. 3.) Find the present value of P150,000.00 at 15% interest compounded monthly for 6 years. 4.) At what rate of interest compounded semi-annually will P21, 590. 00 accumulate to P26, 900. 00 in 2 years? 5.) How long will it take for P3, 700. 00 accumulate to P6,900. 00 at 4.5% compounded quarterly?1. Find the semi-annual payment of a P15,000 debt to be amortized by 5 equal payments at the end of each 6 months at a rate of 15% compounded semi-annually. The first payment is to commence 3 years after. a. P 5,300.75 b. P4,333.65 C. P 5.322.55 d. P4,200.11 2. Using the data in Problem no. 1, construct an amortization schedule showing the principal at the beginning of the year, the annual interest, annual payment and the principal repaid.Please show solution thank you Compound interest What sum of money will be required to settle anobligation of P20,000 after 4 years and 3 months at5% compounded semiannually?
- a. Set up an amortization schedule for a $19,000 loan to be repaid in equal installments atthe end of each of the next 3 years. The interest rate is 8% compounded annually.b. What percentage of the payment represents interest and what percentage representsprincipal for each of the 3 years? Why do these percentages change over time?What is the future equivalent at EOY 8 of $5,000 annual payments made at the beginning of each year for 8 years at 7% annual interest rate? O a. $55,355 b. $51,644 c. $51,299 d. $54,890 e. $60,355What is the future worth of P8500 deposited at the end of every month for 3 years if the interest is 10% compounded quarterlya.)P657,519.75b.)P217,129.59c.)P546,181.51 d.)P340,908.68
- Find the interest if P50,000 is invested at 7% compounded monthly for 5 years and 6 months. O A. P19,491.20 B. P23,398.60 O C. P11,839.20 D. P23, 236.441. The present value of an annuity of P5,000 to be received at the end of each of the next six months for 6 years at a 4% annual rate would be? a. P3,950 b. P26,210 c. P52,875 d. None of the above 2. What is the value of P 100 perpetuity if interest is 7%? a. P 1,429 b. P12,321 c. P 21,350 d. None of the above1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for 4 years Answer: Answer:
- A loan of P50,000 is to be amortized by paying quarterly in 1 year. If money is worth 10% compounded quarterly, how much is the monthly installment? a. P13,648.90 b. P11,589.57 c. P12.765.50 d. P13,290.89Which comes closest to the future value of $875 to be received at the end of 7 years, if the amount earns an annual interest rate of 4% and is compounded 4 times per year? O $1156.13 O $664.93 O $662.23 O $910.00 O $1151.44 SUBMIT ANSWER#2 Ordinary Annuity 2. A P35,000 debt is to be paid off in eight equal yearly payments, each combining an amortization installment and interest at 10% compounded quarterly. What should be the amount of each payment? (Use the given formula in the image below)