A debtor owes Ryan the following sums, due without interest: Php 1000 due at the end of 2 years and Php 2000 due at the end of 5 years. What equivalent single payment would Ryan be willing to accept at the end of 4 years, if money is worth (8% , m = 4) to him? a. Php 3 019.35 b. Php 3 706.22 c. Php 3 456.41 d. Php 3 927.58

A debtor owes Ryan the following sums, due without interest: Php 1000 due at the end of 2 years and Php 2000 due at the end of 5 years. What equivalent single payment would Ryan be willing to accept at the end of 4 years, if money is worth (8% , m = 4) to him? a. Php 3 019.35 b. Php 3 706.22 c. Php 3 456.41 d. Php 3 927.58

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Ian wishes to discharge a loan of ₱ 50,000 borrowed from JB by means of periodic payments of ₱5,000. JB charges 4% interest effective per period. (payments are made at the end of each period)1. How many regular payments of ₱5,000 should Ian make?2. How much extra payment X should he make along with the last regular payment to completely discharge this loan?3. How much payment Y should he make one period after the last regular payment to completely discharge this loan?4. How much payment Z should he make on the exact time after the last regular payment has been made to completely discharge this loan?
Luis Rivera has taken out a mortgage loan for $225,000 at 4% for 5 years. What will be the total amount of interest paid? a. $27,706.34 b. $21,7567.33 c. $14,855.65 d. $18,566.47 e. $12,444.66
6. Mahmoud has to pay three equal payments of $50,000 for a house he is buying, The payments are at the end of year five, 10 and 15, respectively. If the interest rate is 14% how much would he take as a loan to pay for the house? b. а. If Mahmoud decides to pay the remaining balance after paying the second installment in year 10 immediately, how much would he pay at the end of year 10 as repayment for the unpaid balance?
1.) An eligible Pag-IBIG member may borrow up to 80% of his total accumulated value (TAV) subject to the terms and conditions of the program. After a strong typhoon, Mang Liloy applied for a calamity loan of $30,000. The current interest rate for the calamity loan is 5.95% per annum. How much interest does Mang Liloy have to pay at the end of 1 year? 2.) How long will it take $200,000 to amount to half a million pesos if the simple interest rate is 8.25% per annum? 3.) Find the compound amount and interest if $400,000 is invested at 8% compounded quarterly for five years and six months.
Noor is buying a home with a $200,000 mortgage using a 5.5 percent, 30-year loan. How much of the first month's payment will go toward the principal if the payment per $1000 on this loan is $5.6779? O a. $917 O b. $219 O c. $0 O d. $538
Mr. Isidro borrowed P1,150,000.00 for the purchase of his car. If his monthly payment is P25,000.00 on a 5-year mortgage, what is the total amount of interest? a. 350 000 b. 360 000 c. 370 000 d. 380 000
The problem describes a debt to be amortized. (Round your answers to the nearest cent.)A man buys a house for $330,000. He makes a $150,000 down payment and amortizes the rest of the purchase price with semiannual payments over the next 9 years. The interest rate on the debt is 10%, compounded semiannually. (a) Find the size of each payment.$ (b) Find the total amount paid for the purchase.$ (c) Find the total interest paid over the life of the loan.$
1. On July 15, 1996, what will John receive on selling note to Ben to whom money is worth 4% compounded semiannually? July 15, 1995 Three years from date, I promise to pay John Ordonez an order PHPB,000 with accumulated interests from date at 3% compounded semiannually. (Signed) Samuel Garcia 2. P25,000 was borrowed on May 15, 1996. It was to be paid on August 15, 1999 with accumulated interest at 6% compounded quarterly. No payment will be made until August 15, 2000. What is due then if the creditor demands that interest shall be at the rate of 8% compounded semiannually after August 15, 1999? 3. If money is worth 5 % % compounded semiannually, which obligation is the more valuable: a) e 7,500 due at the end of 2 years, or b) 8,000 due at the end of 3 years?
Mr. Ramos opened a time deposit of Php200,000 that earns 2.5% per annum. Suppose he agreed to leave his money in the bank for 181 days. Considering the 20% withholding tax charged to peso time deposits, how much will he receive at the end of the agreed term if he chooses not to reinvest his money? Choices: a. 202479.45 b. 201983.56 c. 204000.56 d. none of the choices is correct
) Signe owes $19,561 on her credit card. Calculate the monthly payment if the credit card APR is 18% and Signe pays it off in three years. Assume no additional charges are made to the card. LSS-Comp SP LSS-Cont O O LP
A bank loans a family $90,000 at 8% annual interest rate to purchase a house. The familyagrees to pay the loan off by making semiannual payments over a 25 year period. Howmuch should the semiannual payment be in order to pay off the debt in 25 years?
Jack takes out a mortgage for $725,000 at an interest rate of i(2) = 7.250%. The amortization period is 30 years. What is his weekly payment? a. $1,182.96 b. $1,126.62 C. $923.83 d. $1,171.69 e. $957.63

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