9. A student repaid a total of $2880.27 for a loan including the principal and interest. If the interest rate was 9% compounded monthly for 4 years, what was the principal amount of the loan, to the nearest dollar? A) $2012 B) $2040 C) $2622 D) $2795

Q: Lexi took out a loan from a loan shark with an interest rate of 5% bi- monthly, compounded…

A: Let the principal = X Loan amount after 1 year (Y) = $14147.19 Interest rate = 5% bimonthly…

Q: Bank D gives a loan of RM 30,000 to Shahril with interest rate of 8.25% compounded quarterly.…

A: Compound amount of single sum can be calculated by using this equation A=P(1+r)n Where A= Final…

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: 9. A borrower takes out a 30-year mortgage loan for $285,000 with an interest rate of 4.125%.…

A: Payment per period can be calculated using PMT function in excel.PMT(rate, nper, pv, [fv],…

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: Payment Number Monthly Payment Monthly Interest Portion Used to Reduce Principal Loan Balance $…

A: Using given table to calculate monthly payment

Q: lingerland borrowed $6,000 on July 20, at 11% interest. If the loan was due on October 15, what was…

A: given, p= $6000 r = 11% n = 87 ( july 20 - oct 15)

Q: What amount did the company borrow?

A: Given in the question: Interest rate on note = 7% It has been given in the question that there are a…

Q: You owe $1985.00 and $1794.00 in 5 months from now and 9 months from now respectively. What single…

A: Information Provided: Amount owed for 5 months = $1985 Amount owed for 9 months = $1794 Annual…

Q: Arshpreet just received $10,150 including $950 of interest as payment in full for a sum of money…

A: Compound = Monthly = 12Future Value = fv = $10,150Interest Amount = i = $950Time = t = 4 Year 6…

Q: (a) The first payment includes $157.50 interest. How much principal is in the 1" payment?…

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

Q: Blended payments on a $2044.00 loan were $418.00 per month. Interest was charged at 7% per annum…

A: A repayment schedule is a plan that outlines the specific payments that need to be made over time to…

Q: 9) Omar borrows AED 2,000,000 to be repaid over 15 years at 6% interest rate annually. Calculate…

A: The total interest paid on Omar's loan will be AED 1,037,884.58.Here's how to calculate it:Loan…

Q: Prepare an amortization schedule for the first 2 payments of a $99,000 mortgage at 3% for 20 years.…

A: The question is based on the concept of Financial Accounting.

Q: $13,376.39 was the interest earned on lending $94,600.00 for 7 years, what was the quarterly…

A: In compounding there is interest on interest including the principal amount and more is compounding…

Q: Lindsey borrowed $1003.00 from the Central Bank at 8.1% per annum calculated on the monthly unpaid…

A: When the lender lends a loan to the borrower, he charges some interest on the borrowed amount at a…

Q: An amortized loan is made at a nominal interest rate i) = 6%. The loan is paid off in 30 level…

A: Given: Interest ate compounded semi-annually = 6% Number of total payments = 30 Payments per period…

Q: lender engages in a 15-day $1,000,000 reverse repo at a rate of 2.50%. The haircut is 2%. The…

A: In a reverse repo, the borrower will have to will give the collateral to lender and the lender will…

Q: A student has a total of $3,000.00 in student loans that will be paid with a 48-month installment…

A: A loan is a sort of debt that is taken on by an individual or another institution. The lender, which…

Q: student has borrowed $34,000 at an annual interest rate of 7.2​%. Calculate the amount of interest…

A: Simple interest is the interest on principal portion of loan or deposits.

Q: ow would you get the equation for excel A company borrowed money from a local bank. The note the…

A: The loan amount is the present value of the future payments based on the time and interest rate of…

Q: What is the total amount of money to be paid back at the end of 3 years for a loan of 200 000 lira…

A: Using excel FV function

Q: Phil Pittman is interested in a fixed-rate mortgage for $300,000. He is undecided whether to choose…

A: The company is considering the mortgage value in case of requirement of loans. The mortgage value…

Q: Michael Sanchez purchased a condominium for $94,000. He made a 20% down payment and financed the…

A: (a) Debt = $94,000×80%=$75,200 Period = 30 years Rate = 5% Monthly payment (using the table given) =…

Q: nterest rate charged on the loan was 3.5% co

A: Answer : Amount = $15000 Time = 6 year 6 month Rate of interest = 3.5%  Interest compounded monthly…

Q: The owner of a small business borrowed $50,000 today with an agreement to repay the loan with equal…

A: Compound = Monthly = 12Present Value = pv = $50,000Time = t = 10 * 12 = 120Interest Rate = r = 24 /…

Q: Using this table as needed, calculate the required information for the mortgage. (Round dollars to…

A: The time value of money concept is the most important concept that states that the value of money in…

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: A person requested a personal loan from the bank and owes 2,500,000 pesos, which he has to pay at 9%…

A: Loans are paid by equal monthly payments that carry payment for interest and payment for loan also.

Q: You qualify for a $10,800 loan from the Canada Student Loans Program to help finance your education.…

A: Notes payable refer to a written agreement, wherein a lender lends a sum of money as a loan to the…

Q: What is the total amount that must be repaid on the following note $8,543 borrowed at 14.5% simple…

A: Simple interest is interest without compounding.

Q: Use this table to find the monthly mortgage payments, when necessary. Tanyarita has a mortgage of…

A: Mortgage amount = $52,500 Interest rate = 7.5% Time duration (n) = 20 years. Property tax = $2,600…

Q: An entity took UAH 100,000 loan for 5 at 26% of annual interest rate. Interests are paid annually. A…

A: In an annuity due scheme, the periodic payment is made at the beginning of the period. First, we…

Q: 1. Based on the information, determine the value of each “ ? “ in the following table Loan principal…

A: We need to compute annual installment amount of loan. This can be computed with the help of PMT…

Q: The buyer of a piece of real estate is often given the option of buying down the loan. This option…

A: Given:

Q: Using the ordinary interest method, find the amount of interest on a loan of $5,000 at 12% interest,…

A: Ordinary interest rate is the method of calculating the interest charged on the loan, based on a 360…

Q: A loan carries a simple interest rate of 5.25%. The loan was fully repaid by two $5000 payments made…

A: Compound = Monthly = 12Simple Interest Rate = r = 5.25 / 12 = 0.4375%Value at Year 8 = v8 =…

Risk and return

Before understanding the concept of Risk and Return in Financial Management, understanding the two-concept Risk and return individually is necessary. 

Capital Asset Pricing Model

Capital asset pricing model, also known as CAPM, shows the relationship between the expected return of the investment and the market at risk. This concept is basically used particularly in the case of stocks or shares. It is also used across finance for pricing assets that have higher risk identity and for evaluating the expected returns for the assets given the risk of those assets and also the cost of capital.