5,000 is borrowed for 6 months at 3%, what is the interest a. 5050 b. 5,100 С. C. None of them

Q: Find the value of the annuity and the interest. Round to the nearest dollar. ------)) A A=…

A: To find the value of the annuity, we can use the formula for the future value of an ordinary…

Q: A loan of $33,450.00 at 5.50% compounded semi-annually is to be repaid with payments at the end of…

A: A loan is a financial agreement in which a lender gives a borrower a certain sum of money; the…

Q: 200 ann Wha

A: Given information : Initial deposit 2000 Time period (years) 2 Future value 2205 The rate…

Q: 7 - What is the total amount of money to be repaid at the end of 10 years for a loan of 200 000 lira…

A: In this question we need to compute the Future value of the loan taken today worth 200000 lira

Q: 49) Find the interest on P5000 at 7% for 3 years. C. P2,142.86 D. P1,050 A. P11,666.67 В. Р10,500…

A: 49) Principal (P) = P 5000 r = 7% n = 3 years

Q: How much interest is earned in 4 years on P12,000 deposited in an account paying 4% compounded…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…

Q: ______5. Compounding quarterly means the interest period is  A. every year C. every 6 months  B.…

A: Since you have posted multiple questions, we will answer the first one for you. If you want a…

Q: 11. equipment loan for $20,000 down payment of 20 percent 12 percent APR for 30 months a. What is…

A: As mentioned,  Equipment Purchase Price = 20,000 Down Payment = 20% Down Payment = Down Payment % *…

Q: Find the simple interest owed for the loan. $5,650 at 8% for 1 year In one year at 8%, deposit of…

A: Principal amount = $5,650Rate = 8%Time period = 1 yearRequired:Simple Interest=?

Q: If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the…

A: Simple interest measures the interest payment on the principal amount borrowed for a period of time.…

Q: What is the nominal rate of interest at which money will be 5 times itself in 20 years and six…

A: Nominal interest refers to the stated or advertised interest rate on a financial instrument, such as…

Q: 11. Mr. Jones borrows P2,000 for 90 days and pays P35 interest. What is his effective rate of…

A: Effective rate of interest=Interest amountBorrowed amount×360 daysNumber of days

Q: Money borrowed today is to be paid in 6 equal payments at the end of 6 quarters. If the interest is…

A: Here, Quarterly Payment is P2,000 Interest Rate is 12% Compounding Period is Quarterly i.e. 4 Time…

Q: The maturity value of a savings account that belonged to Peach Company was $44,418.50. The interest…

A: PRESENT VALUE   Present value, also known as Present Discounts value, is the value of an expected…

Q: Given Principal $21, 000, Interest Rate 11%, Time 240 days (use ordinary interest) On 100th day,…

A: Given principal = $21000, Rate of interest = 11%, Time = 240 days First payment on 100th days, so…

Q: RM23,500 was invested in a bank for 3 years 7 months. If the interest rate offered was 9.6%…

A: Using excel FV function

Q: 4. A debt RM2000 bearing 8% interest was repaid with a check for RM2040. For  how long was the money…

A: The number of time taken can be calculated using the log function.

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. 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: Rs.2000 amounts to Rs. 2226.05 in 2 years at compound interest. WVvhat will be the rate of interest…

A: The given problem can be solved using RATE function in excel. RATE function computes interest rate…

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: 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: 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: How much amount should an investor deposit in an account earning a continuously compounded interest…

A: Time Value of Money states that a dollar today is worth more than anytime in the future. This is…

Q: Can you please show me how we get the number, 1.242381   In this sum , A = $ 2,500 P = ? Time =…

A: Below is the extended calculation for better understanding: A=P×…

Q: semi-annually. How much is the interest earned after 8th deposit? a. Php344.81 b. Php1844.81 c.…

A: Semi annual deposit=Php 1500Semi annual interest=6/2=3%Find out interest of 8th deposit.

Q: P25,000 was placed in a time deposit at 15.4%, m=12. Find the amount after 5 years.

A: The future value function or concept can be used to determine the future value of a present sum or…

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: What is the total amount of money to be paid back at the end of 3 years for the loan of 175 000 lira…

A: Using excel FV function

Q: Given: princial $10,000, interest rate 8%, time 240 days (use ordinary interest). Partial payments:…

A: Step 1: Calculate the initial interest accrued before the first paymentPrincipal: $10,000Interest…

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: o & Grace deposit $750 at the end of every three months for 7 years into an account earning 6.1%…

A: More is the compounding of interest than more is the effective rate of interest and more is the…

Q: qUGM Smoxa-ESOS 2 - Wa ha upya show dun an world JETA -2. The following three instruments have the…

A: An annuity refers to a payment series that provides the holder with periodic payments in exchange…

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: OAL S.53 ORL101.106.22 OD The comect anwer iot shown here OL1430.57034

A: Loans are amortized by equal payments over the period of loan.

Q: 7. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?

A: The given problem can be solved using RATE function in excel. RATE function computes interest rate…

Q: An amount borrowed at 29% interest per year, compounded continuously, has accumulated to R38 279,20…

A: [2] 1200000 is correct answer     Compounded interest is the interest which is charged or received…

Q: What is the rate of interest if P40000 earned interest of P1200 in 140 days? (А) 2% (в) 7.82% c)…

A: Principal amount = P40000 Interest amount = P1200 Period = 140 days = 140/365 = 0.383561643835616

Q: Bank A $235,000 20-year fixed 4.375% Bank B $235,000 20-year fixed 4.7% 1.75 discount points 0…

A: Given: Bank A: Loan amount=$2,35,000,period=20 years,interest rate=4.375%,discount…

Q: 9. Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest…

A: The given problem can be solved using FV function in excel. FV function computes amount required in…

Q: What amount was invested at 3% if it earned an interest of P2,300 in 2 years and 3 months? A)…

A: Simple Interest, SI = P2,300 Rate, R= 3%  Time, T = 2 years 3 months = 2 years and 0.25 years = 2.25…