A debt of P10,000 with interest at the rate of 20% compounded semi-annually is to be amortized by 5 equal payments at the end of each 6 months, the first payment is to be made after 3 years. Find the semi-annual payment and construct an amortization schedule

Q: a. The OP at the end of 3 years. b. OP after the 45th payment. c. Estimate how many payments…

A: Outstanding payment is the balance amount of debt, left after a certain period. The outstanding…

Q: 6. A loan of $2000 is to be repaid with annual payments of $200, $150, and P, respectively at the…

A: Laon amortization schedule means where repayment during the life of loan is written with interest.

Q: ebt of P20,000 with interest at the rate of 15% compounded semi-annually is to be amortized by 3…

A: Equal periodic payments are paid for the loans and these equal payments carry the payment for loans…

Q: find the term of the loan n if the amount of interest paid in the 10th payment is 300

A: Amortization is the process of repaying the loan. In an amortizing loan, a portion of each monthly…

Q: A P15,000 loan at 6% compounded semi- annually is to be amortized in 6 months. Find the monthly…

A: monthly rate = (1 + 6%/12)1/6  -1 = 0.49386% N = 6 FV = 0 PV = 15,000 use PMT function in Excel…

Q: A loan of P12, 500 is to be repaid with equal quarterly payments for one year with an interest of 6%…

A: Amortization table is a schedule which shows periodic lease or loan payments. The periodic payment…

Q: A contract has been signed to lease a building at P200,000 per year with an annual increase of…

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Q: A loan $30.000 is to be amortized by equal payments at the end of each year for five years. The…

A: Interest payment for the 3rd year = $1080 ($30000-$6000-$6000)*6% = $1080

Q: Develop an amortization schedule for the loan described below. $45,000 for 2 years at 5% compounded…

A: The question is based on the concept of Loan and amortization, Annuity.

Q: A sum of $80,000 is to be repaid over a 10-year period through equal installments made at the end of…

A: Interest, in finance and economics, is payment from a borrower or deposit-taking financial…

Q: A loan of $105,501.20 is to be amortized over a 10-year term at 6% interest compounded monthly with…

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Q: A debt of ₱10,000 with interest rate of 20% compounded semiannually is to be amortised by 5 equal…

A: Formula for present value :…

Q: An obligation of P35, 000 is to be repaid with equal monthly payments for 6 months  with an interest…

A: As per time value of money concept, a sum of amount invested today will have more value in future…

Q: A 13 -year loan for $1,500,000 is to be amortized by equal monthly payments. If the APR is at 7.53%,…

A: Loan amount = $ 1,500,000Number of years of loan = 13APR= 7.53%

Q: Prepare an amortization schedule for a $96,000 loan to be repaid in equal installments at the end of…

A: Calculation of yearly payments = [P x R x (1+R)^N]/[(1+R)^N-1] P = Principal amount R = Rate of…

Q: A loan of P8,000 will be amortized by payments at the end of each quarter for 8 years and 9 months.…

A: 1. Calculate the amount of periodic payments by using the EXCEL PMT formula. Note that there are 35…

Q: 160000 TL loan is being repaid by installments of 2250 TL at the end of each month for as long as…

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Q: Telemundo Ltd. borrows K100, 000 from AB bank. The loan is to be repaid in 1year with periodic…

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Q: A $14,000 loan is to be amortized for 10 years with quarterly payments of $467.98. If the interest…

A: Given information: Loan amount $14,000 Number of years 10 Paying Quarterly $467.98 Interest rate is…

Q: Develop an amortization schedule for the loan described.

A: Loan is financial agreement where a person (lender) lends lump-sum money to other person (borrower)…

Q: 0 is to be amortized by equal payments at the end of every quarter for 2 years. If the interest…

A: Debt refers to the desired sum of money borrowed by an individual or an entity through any financial…

Q: 7. An amount of 24,000php is borrowed for 15 years at a rate of 2%. Make an amortization schedule…

A: Using PMT function in excel  PMT (rate,nper,pv,[fv]) Amortization schedule

Q: A loan of £50, 000 is repayable by equal payments at the end of each of the next 5 years. Interest…

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Q: Consider a loan of 1,000,000 which is to be amortized by 60 monthly payments. The interest rate is…

A: Given, Loan amount is 1,000,000 Number of payments is 60 Interest rate is 10%