A investor's price for a commercial plaza suit was $150000 Ramin, the buyers of the rental unit, financed the money by making equal payments at the end of every six months for 25 years. Interest is 4.8% compounded semi-annually. a) What is the size of the semi-annual payment? b) How much Ramin still. owe after 16 years? ( Money up to 2 d.p. ) PV = I/Y = C/Y = i = n= PMT = For loan balnace after 16 years :- n = Loan Balance =

Q: Find the compound interest on Rs4000 for the 5th year when the rate of intrest is 8%p.a

A: Given : Principal amount (P) = Rs4000 No. of Year (n) = 5 Rate if interest per annum (i) = 8%=0.08

Q: At the end of each month, interest of 1.3% of the amount in an account at that time is added to the…

A: Since, you have posted multi parts questions but according to guidelines we will solve first three…

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the​ loan's…

A: Given information P=​$6000​, r=7.0​%,t=6 months

Q: A mortgage of £160,000 is repaid over 20 years by equal monthly payments in arrears. The interest…

A: Given: Mortgage amount is £160,000. Time period is 20 years. Interest rate is 8.5% p.a. To Find: The…

Q: Use PMT=P(r/)n) / 1−(1+r/n)^−nt to determine the regular payment​ amount, rounded to the nearest…

A: From the given details, we have  Credit card balance P = $3600 Annual interest rate r = 14% = 0.14…

Q: A house was valued at $110,000 in the year 1992. The value appreciated to $150,000 by the year 2001.…

A: At t=0 that is in 1992 the value is $110,000. At t=9 that is in 2001, the value is $150,000 Just…

Q: Fund he lensm of he curce

A:

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: Here, we have to find the amount of periodic payment necessary.

Q: he total cost, find the down payment. C. Assuming that Mary finances the remaining cost

A: a. The sales tax is determined as, S=0.0725×9500=$688.75. The total cost is the sum of purchase…

Q: Mr. Banker loans money at an APR of 20 percent. Interest is compounded monthly. What is the actual…

A:

Q: How long will it take for an amount of money to treble if it is invested in a fund with an interest…

A: To determine how long it will take for an amount of money to treble (i.e., become three times its…

Q: Complete the table below for an investment of N$ 25,000.00 in the bank for 5 years earning 8.5%…

A: Given that Principal or invested amount = $25,000 Compound interest = 8.5% and r = 0.085 Time = 5…

Q: How much monthly deposit into a sinking fund at 8.5% compounded monthly will be needed to accumulate…

A: Please check step 2 for solution.

Q: A car was valued at $27,000 in the year 1991. The value depreciated to $13,000 by the year 2007.…

A: (A) Given information S=$13,000 P=$27,000 From 1991 to 2007, t=16 Substitute the values in S=P1+rt…

Q: 6) Determine the amount and interest of $10 500 invested at a rate of 3 -% compounded 8.…

A:

Q: A farmer bought a tractor costing P12,000 if paid in cash. The tractor may be purchased by…

A: Given: initial balance =12000 annual interest rate=8% time period n=5

Q: Assume the annual effective interest rate i= 5%. Calculate the values of a), 13 15 (12), and 19.26 "

A: Given the annual effective rate of interest, i=5%.a¨1247|

Q: How much interest was earned by an investment that earns at a rate of 9% compounded semi-annually…

A: Compound interest formula used