47. A debt of P20,000 with interest at rate of 14% compounded semi- annually is to be amortized by 4 equal payments at the end of each 6 months; the first payment is to be made after 2 years. Find the semi- annual payment. a. P5904.56 O b. P7233.34 c. P6503.45 O d. P6256.30 O e. None of the above

Q: Assuming a 360-day year, when a $11,918, 90-day, 10% interest-bearing note payable matures, total…

A: A note payable is a written promissory note. Under this agreement, a borrower borrows a specific…

Q: An obligation will be amortized by quarterly payments of P670 for 10 years, If interest is at 6%…

A: Quarterly payment (P) = P 670 Period = 10 Years Total number of quarterly payments = 10*4 = 40…

Q: Assuming a 360 - day year, when a $14,000, 90 - day, 12% interest - bearing note payable matures,…

A: Notes payable are a promissory notes and a negotiable instruments. In this one party agrees to pay a…

Q: 7. AP150,000 loan is to be paid as follows: P 10,000/month Final payment If the annual rate of…

A: Loan amount = P 150,000 First 10 monthly payment = P 10000 Annual interest rate = 12% Monthly…

Q: Ten annual installments of 65,000 pesos each starting at the end of the eleventh year from now, is…

A: Annual installment (A) = 65000 pesos First payment starts at the beginning of 11th year. Number of…

Q: A debt of $1881 with interest at 9.34% compounded monthly is to be repaid by equal payments at the…

A: Given: Debt 1881 Interest rate 9.34% Years 5

Q: A debt is amortized by monthly payments of $250. Interest is 8% compounded monthly. If the…

A: The loan is repaid in the form of equal payments at a fixed interest rate for a fixed interval of…

Q: an annuity $4,947.11 today make equal payment at end of year 8 equal payments at 6.5%. What will be…

A: Annuities are a series of equal cash flows that occur at regular intervals over a specified period…

Q: An obligation of $8550.00 due in 2.5 years is to be settled by four equal payments due today, nine…

A: Step 1 An equated monthly installment (EMI) is a fixed monthly payment paid by a borrower to a…

Q: 8. A loan of $10,000 is repaid using the amortization method with payments at the end of each year…

A: Loan (PV)  = $ 10000 Interest rate (r) = 5% Number of annual payments (n) = 12

Q: Fill in the amortization schedule below for a $10,000 debt that is to be amortized in six equal…

A: An amortized loan is a form of loan that is set up so that the interest and a portion of the…

Q: nents of $3762.00 today, $2666.00 in 2 years, and $5932.00 in 5 years. When can the contract be…

A: To solve this problem, we'll use the concept of the time value of money and the present value…

Q: At an interest rate of 5% compounded annually, how much will a deposit of P2,000.00 be in 15 years.…

A: To calculate the future value we will use the below formula   Future value = PV*(1+r)t Where PV -…

Q: V5. Suppose that some time ago a financial institution agreed to receive 6-month LIBOR and pay 4%…

A: Given Principal = $200 million Remaining life = 1.25years LIBOR rate of last payment date = 3.9%…

Q: A mortgage balance of $25,000 is to be repaid over a 10-year term by equal monthly payments at 3.5%…

A: A mortgage balance is the total amount owed at any given point in the mortgage's term and is made up…

Q: Determine the accumulated value of semi-annual deposits of $77 each after 10 years if the deposits…

A: Accumulated principal or a series of cash flows with the compounded interest is the future value or…

Q: A loan is to be amortized by a group of five end of year payments forming an ascending arithmetic…

A: A loan is a sum of money borrowed from a third party, such as a bank, and returned over time in…

Q: On January 1, 20X9, Fast Bank made a P2,000,000, 8% loan. The P160,00O interest is receivable at the…

A: Given: Carrying value of Loan=$2,000,000Rate of loan =8%Interest receivable every year =$160,000PV…

Q: 5. P200,000 was deposited on Jan 1, 2008 at an interest rate of 24% compounded semi-annually. How…

A: Compound interest is the method to calculate the total amount on the investment in which the…

Q: 5. How much interest must be paid on a loan of $4300 at 10% compounded semi- annually for 4 years?…

A: Formula: P x [ 1 + ( R / N )NT P = Principal R = Rate of interest N = Number of compounding periods…

Q: How much interest will be charged on P7,300 borrowed for three (3) years at a simple interest rate…

A: The simple interest method is a method where interest is calculated only on the principal amount…

Q: A company borrows 400 000 EUR for 18 years at a rate of nstalments every 3 years. ) How much are the…

A: Loans are paid by the equal installments and these installments carry the payment for interest…

Q: A debt of P3,500 is to be amortized by 6 equal semiannual payments with interest at 6%compounded…

A: Debt amount (D) = P 3500 n = 6 payments r = 6% per annum = 3% semiannually Let the periodic payment…

Q: 11.A loan of R1.75 million was made to a farmer, bonded against fixed property at an interest rate…

A: Interest is the amount paid by the borrower of money to the lender of money. It is usually the % of…

Q: A loan of £36, 000 is to be repaid with 12 equal quarterly instalments. The nom- inal rate of…

A: Loan Amount is 36000 Time period -12 Quaters Interest rate is 4% convertible monthly   To Find:…

Q: Q6. A debt of $ 5700 is due, with interest at a = 8% in three years. It is agreed that the loan will…

A: Loan is a value which is borrowed from other sources for a particular time and person have to repay…

Q: A mortgage balance of $20,000.00 is renewed for the remaining amortization of 3 years at 8%…

A: A mortgage refers to a loan availed by the buyer against the purchase of the real estate. Mortgage…

Q: An amount of $50,000 is borrowed for 11 years at 4.75% interest, compounded annually. If the loan is…

A: TVM refers to the implied ability of money to earn interest because money earned at an earlier date…

Q: P10,000 IS BORROWED FOR 75 DAYS AT 20% PER ANNUM SIMPLE INTEREST. HOW MUCH WILL BE DUE AT THE END OF…

A: Simple interest is a method of interest calculation where principal amount is multiply with time and…

Q: Suppose you deposit $4,000 at the end of each quarter for five years at an interest rate of 8%…

A: Given: The deposited amount is $4,000 for five years The interest rate is 8% Deposited quarterly…

Q: est included, by equal pa at of each month for 3 years. If interest is ple monthly at the rate 5%…

A: in this we have to calculate present value FACTOR monthly and from that we get monthly payments.

Q: someone solve Question 3.12 while question 3.11 also given .solve it step by step not by excel

A: The given first question is based on equated annual installment

Q: A debt of P100,000 with interest at the rate of 16% compounded annually is to be amortized by 3…

A:

Q: Engr Dalay is required to pay 66500 pesos at the end of 15 days of 68000 pesos at the end of 60…

A: While calculating the interest rate on treasury bills, only 360 days in a years shall be taken.…

Q: You have amortization schedule to pay back $1,000,000 with 3% for 48-payments (your first payment is…

A: An amortization schedule is a structured approach to repaying a loan that breaks down each payment…

Q: For a mortgage loan of £100,000 that is to be repaid by a level annuity, payable annually in arrear…

A: Given that, Present Value (PV)=£100,000 Duration (n)=20 Rate of interest (i)=0.08 Annual Payment…

Q: P10,000 IS BORROWED FOR 75 DAYS AT 20% PER ANNUM SIMPLE INTEREST. HOW MUCH WILL BE DUE AT THE END OF…

A: Simple interest The method in which interest is charged only above the actual amount borrowed is…

Q: JL Bank offers a business loan with an initial amount of 6,000,000 pesos at a rate of 3% compounded…

A: Loan Amortization: It is the most common way of scheduling out  a fixed-rate credit into equivalent…

Q: A5 A 12-year loan is repaid with annual payments at the end of each year. For the first four years,…

A: x 3X

Q: Q6. A debt of $ 5700 is due, with interest at j, = 8% in three years. It is agreed that the loan…

A: Future Value(FV) is value of current amount at future date. It is computed by compounding that…

Q: A businessman obtains a loan of $100,000 for a 5-year term with an interest rate of 7% per year,…

A: The loans are paid by periodic payments and these payments carry the payment for interest and loan…