A LOAN OF P80,000 IS MADE FOR A PERIOD OF 18 MONTHS AT A SIMPLE INTEREST RATE OF 10%. WHAT DUE AT THE END OF THE LOAN PERIOD? O a. P92,100.00 O b. P93,000.00 О с. P92,020.00 O d. P92,000.00

Q: I $ I E S ($/E) F  ($/E) 5% 6% 1.5 1.4985   I $  - annual interest on 1 year US deposit; I…

A: In order to get arbitrage interest profit, it is recommended to borrow at a lower interest rate and…

Q: Q7. The annual payment of alorry is 40, 000 Euro find out theloan amount which is granted for4 years…

A: The objective of the question is to find out the loan amount for a lorry with given annual payment,…

Q: A Forward Rate Agreement contains an agreed interest rate of 5.75% on a 6-month loan. If settled at…

A: Forward rate agreements are used by entities to hedge against the interest rate risk. It is an…

Q: What is the difference in interest paid between a 30-year mortgage loan and a 15-year mortgage loan…

A: Interest: It represents the monetary charge on the amount borrowed by the borrower from the lender.…

Q: 12.) Find the simple interest on a loan of P65,000.00 if the loan is given at a rate of 8% and is…

A: Simple interest is the interest paid on a principal balance for a given period of time at a…

Q: What is the Present Value of OMR 1500, by considering 10 year loan with 7% annual interest? (7%…

A: Present value: Provided a certain rate of return, present value (PV) is the actual value of a…

Q: Cash is borrowed on a 2-month note payable. If the interest cost to borrow is RO 400 what is the…

A: Interest is calculated on the principal amount borrowed by the business.  In the given case if…

Q: Brothers Corporation borrows P70,000.00, annual interest rate of 19% is deducted in advance. What is…

A: Gross borrowing = P 70,000 Interest advance deduction = 19%

Q: simple interest The interest on a loan of P 2,500 is P 165.00 .  If the rate of interest is 6 %,…

A: The time on the loan can be calculated with the help of simple interest equation

Q: The interest amount on a $46,500 loan was $24,785.95. The interest rate charged on loan was 9.20%…

A: Future value of a loan refers to the total amount that will be due at the end of the loan term,…

Q: Apply the United States rule to determine the balance at maturity and the total interest paid if the…

A: When taking out a loan, the principal is the sum borrowed.The cost of borrowing money is essentially…

Q: What is the amount of compensating balance would be required for a nominal interest rate of 12% to…

A: Nominal interest rate (r) = 12% Effective interest rate (i) = 14.40% Let the compensating balance as…

Q: Find the future value of this loan: $20,862 at 11.4% for 14 months. Group of answer choices A.…

A: Given information : Present value = $20862 Interest rate = 11.4% Time period = 14 months

Q: effective interest rate on a loan

A: Effective interest rate refers to the return on the savings account at the time compounding effects…

Q: Drake Corporation takes out a term loan payable in 12 year-end annual installments of P5,000 each.…

A: Annual payment (P) = P 5000 Interest rate (r) = 14% Number of annual payments (n) = 12

Q: Find the ordinary interest using: a) Ordinary time b) Exact time c) Find the Exact Interest using…

A: The amount paid to an investor for the invested fund is called interest. It is the compensation paid…

Q: How did it become 0.04768?

A: Here, To Find: Future value of loan =? Equal amount paid after every six months =?

Q: 12.) Find the simple interest on a loan of P65,000.00 if the loan is given at a rate of 8% andis due…

A:

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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 P22,000 loan bearing interest at 9.6% compounded bimonthly was repaid, after a period of deferral…

A: Interest rate (r) = 9.6% per annum = 9.6%/24 per bimonthly = 0.4% Bimonthly payment (B) = P 2600…

Q: each month for 2n mc Lrengid Find n

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Q: What is the effective annual interest rate on the loan? Car purchased for $29,000 with a 5 year loan…

A: Compound = n = Monthly = 12Interest Rate = r = 9%

Q: 13. Francis Company's bank require s a compensating balance  of 20% on a P100,000 loan. If the…

A: Compensating Balance: A compensating balance is a minimum amount of bank account balance that the…

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A: Using excel FV function

Q: FRM. (Term=30 years, Note Rate = 5.25, Loan Amount = 800,000, Points=2) What is the FTL annual…

A: Time period is 30 years Loan amount is 800,000 Points =2 To Find: Annual percentage rate

Q: Compute the size of the final payment for the following loan. Principal Periodic Payment Payment…

A: Final payment refers to the amount of principal along with interest accrued and unpaid on the loan…

Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

A: The simple interest is computed on the loan amount for the time period the loan was due. It does not…

Q: A businessman wishes to borrow an amount of K4 million for a term of 3 years. The agreed rate of…

A: The loan schedule statement reflects the information related to the principal portion, the interest…

Q: loan of 15700 was charged a simple discount rate of 4.2%. If the proceeds received were 15463.72,…

A: find the amount of bank discount.:: Bank discount=Proceeds -Maturity value=$15463.72-$15700=238.28$…

Q: Q1: If a loan of 12.5 million is made for a period of 33 days at a rate of 8,25% per annum, what is…

A: Given that, Present Value of loan (PV)=12.5 million Rate of interest (i)=8.25% p.a. Duration…

Q: The ordinary simple interest charged after 130 days on a loan of 10,000 200 pesos is 775 pesos find…

A: Simple interest is simple interest without any impact of compounding that means no interest on…

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A: In contrasts to a fee that the borrower may pay the lender or another party, interest is a payment…

Q: The interest on a loan of R2 000 to be repaid

A: Interest refers to the amount charged by the lender on the lent amount. The borrower of the loan is…

Effective Interest Rate

The term interest rate can be defined as the amount that is charged by the lender as a percentage on the principal amount. Interest rate which is charged annually is known as annual percentage rate.