5. Find the amount and the present value of an annusty due of P370 every month for 4 years, if money worth 12% compounded monthly

Q: Show Solution. Topic: Simple Deffered Annuity  5. If money is worth 10.8% compounded quarterly,…

A: First we will have to calculate the value of the annuity at the end of the 3 year period from now.…

Q: A person buys a piece of lot for 100,000 pesos down payment and 10 deferred semi-annual payments of…

A: Quantum and timing of cash flows emanating from an investment decision are known. The present worth…

Q: The buyer of a lot paid P110,000 down payment and agreed to pay P35 000 at the end of each six…

A: The cash price can be found by adding up the downpayment and present value of the annuity. The…

Q: 7. What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with…

A: The time value of money is the financial concept that is used for estimating and determining the…

Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…

A: We can make use of the financial calculator to obtain the present value, PV. Inputs: I/Y = rate =…

Q: f money is borrowed today with an amount of P50,000.00 and subjected to a 9% compounded quarterly…

A: In this we need to find out present value factor and from that we can get the quarterly payment.

Q: What is the PV of an ordinary annuity with a $5,700 duwterly payment for 5 years if the appropriate…

A: We need to use present value of ordinary annuity formula to calculate value of PV of annuity.wherePV…

Q: The future value of regular annuity of $2,000 per year for 20 years is $73,888.32. What interest…

A: The future value is the amount that will be received at the end of a certain period. In simple…

Q: An annuity due of $100 each for 10 year has a PV of $850. What is the interest rate being offered?

A: Annuity=$100Period=10 yearsPresent value=$850Required is to find out interest rate.

Q: In a sequence of 10 annual payments of P2,000 each, the first one is due at the end of 6 years. Find…

A: Calculation of Present Value of Annuity   Year end  Payment  Present value factor at 6%  Present…

Q: If I plan to avail of a loan today and I will pay it P8,388 every start of the month for 6 years…

A: Present value refers to the current valuation for a future sum. Investors determine the present…

Q: A person buys a piece of lot for P100,000 down payment and 10 deferred semiannual payments of P8,000…

A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: Find the present value of ar prdinary annuity whose periodic payment of 15,000.00 is payable at th…

A: Present value of annuity is the equivalent value of annuity today considering the interest rate and…

Q: Find the present value of a deferred annuity of P760 every six months for 5 years that is deferred 3…

A: When stream of cash flows or annuities are expected to be received or paid over a later date, it is…

Q: An annuity pays $1000 weekly for 3 years and then $5000 weekly for the next 8 years. Determine the…

A: An annuity refers to a series of periodic payments that are made in exchange for a lump sum payment.…

Q: 13. Find the amount and present value of an annuity of P540 payable every end of the month at 7%…

A: An annuity is a payment plan where for a lump sum paid now, we get future periodic payments. It is…

Q: How much is accumulated in each of the savings plans over two years? a. Deposit €1100 today at 15…

A: Given: Particulars 15% 12% Deposit € 1,100 € 700 Years 2 2

Q: Find the present value of an annuity if the first monthly payment of P6,200 is made at the end of 4…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: a) Compute the present value of an annuity immediate that pays £100 at the end of each month for 5…

A: Annuity refers to a sum of fixed and periodic cash flows. To compute the present value of an annuity…

Q: An annuity pays $1700 weekly for 5 years and then $3900 weekly for the next 8 years. Determine the…

A: Discounted value is the present value of the annuity for the years. Annuity payments are discounted…

Q: The present value of a 10-year annuity immediate is 10,000$. The interest rate is j1=5% for the…

A: The interest rate changes over the lifespan of the annuity. We have the present value. We need the…

Q: Find the amount and the present value of an annuity of P5,000 every end of 6 months for 12 years and…

A: Answer: Calculation of the amount and the present value of an annuity: Formula, we will use here,…

Q: Qnl. A series of payments of 700 Riyals is made at the end of each quarter in an account for 5…

A: When an individual or company is making series of payments for the particular period of time then,…

Q: An annuity with a cash value of $11,300 pays $950 at the beginning of every three months. The…

A: Given: Particulars Amount Cash value(PV) $11,300 Payment (PMT) $950 Interest rate 6%

Q: An annuity is set up that will pay $1,700 per year for ten years. What is the present value (PV) of…

A: The objective of this question is to calculate the present value of an annuity. An annuity is a…

Q: Find the present value of a annuity of P4,500.00 every 2 months for 7 years that is deffered 3 years…

A: Convert 6% compounded quarterly to its equivalent interest rate for bimonthly interval. Here, 'R'…

Q: ind the future value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the…

A: The future value of annuity is the value of all the payments at a specific date in the future.

Q: How much should be deposited into an account to set up an annuitv that will provide equal payments…

A: Present Value: Given a certain rate of return, the present value (PV) of a future amount of money or…

Q: A man pays 1.5% interest on his loan four times a year. Find the effective annual interest rate. 5.…

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

Q: Find the present value of an ordinary annuity which has deposits of P60,000 semiannually for 5 years…

A: Ordinary annuity refers to the set of periodic payments that a depositor makes into a savings…

Q: If I plan to avail of a loan today and I will pay it P7,338 every start of the month for 6 years…

A: monthly rate (r) = (1 + 11.6%/4)1/3 - 1 = 0.9575% FV = 0 N = 6*12 PMT = 7,338 use PV function in…

Q: Find the present value of an annuity P10,000 payable at the en quarter for 5 years if the rate of…

A: Present value of annuity can be found from the present value factor and annuity payment.

Q: You purchased an annuity in which you deposit $100 a week at a fixed rate of 4% interest. What…

A: The objective of the question is to identify the correct formula to calculate the future value of an…

Q: A person buys a piece of lot for P 112,923.25 down payment and 11 deferred semi-annual payments of P…

A: In this we have to calculate present value FACTOR and then find out present value of all payments.

Q: What is the future value of an annuity due that pays $550 per year for 18 years? Use an annual…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Mortgages

A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.

Mortgage

The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.