5 months with interest rate

Q: If the interest rate is 18%, compounded monthly and with monthly payments of $15 at the end of each…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: The 6-month Treasury bill spot rate is 4%, and the 1-year Treasury bill spot rate is 5%. What is the…

A: Term structure of interest rate states that the future changes in interest rates can be determined…

Q: find the maturity value on a loan of $2500 at 13.5% interest for 72 months 

A: Assuming compounding interest :Maturity value can be determined using Future value formulaFuture…

Q: Principal amount is $10,000, interest rate is 5% and the term is six months. What is the interest…

A: INTEREST EXPENSE Interest expense is reported under the income statement of the company. Interest…

Q: Find the monthly payment for the loan. (Round your answer to the nearest cent.) $100 loan for 12…

A: Monthly payment: It is the payment paid by the loan holder to the lender every month in order to…

Q: what is the present value of 10 payments of $500 each received every 3 years at an effective annual…

A: The amount that is being received or paid every year or after every regular interval then the…

Q: periodic deposit at the end of each month if financial goal is 1,000,000 at 6 25% rate compounded…

A: Future value =1,000,000 Rate =6.25% Monthly rate = 0.0625/12 =0.52% Time =40 years So, monthly…

Q: Find the exact interest on a loan of 4000 at 8% annually for 50 days

A: Simple interest is defined as the interest computed on the principal amount of the loan or the…

Q: 6 month loan with 6% interest rate. Amount of loan is $4800. What is interest on one month?

A: The primary sources of funding that are available to an organization are borrowed funds, equity…

Q: Determine monthly installment loan  p 53000 r 6.5 % Payment in a year 12 t 4 years

A: The question gives the following information:

Q: f the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…

A: Nominal rate = 11.5% compounded continuously We need to find bi-monthly rate, where there are 24…

Q: loan amount = 10,000$ periods= 5 years interest is 5% and it increases each month by 0.125% find…

A: Interest Expense: The cost of debt which is occurred during a particular period of time is called…

Q: Annual payments of 1000.00 at the end of each term for 8 years with interest rate of 6% compounded…

A: In this we need to find out the present value and future value of option.

Q: consider a student loan of 17,500 at a fixed apr of 12% for 25 years. what is the monthly payment

A: Annuity refers to series of annual payment which are paid or received at start or end of specific…

Q: Assume that you take out a $2000 loan for 53 months at 5.5% APR. How much total interest will you…

A: Total interest paid = Future amount payable - Loan amount Amount payable for the loan borrowed is…

Q: ind the maturity value of the loan. The maturity value is $ Principal Rate Time $1000 8% 18 months

A: In this we have to find out the maturity value of loan by using future value formula.

Q: The effective rate of interest is 12% per annum.  Calculate the effective rate of interest per…

A: We have the effective annual rate. We need to find the effective rate of interest per month.

Q: Consider a loan of 25000 for a period of 30 years at a fixed apr of 9.5% the monthly payment is

A: Given information: Loan amount is 25,000 APR is of 9.5% Number of years (period) is 30