A. Compute for the simple interest given the Principal, interest rate, and term 1. P = Php10,000 2. P = Php500,000 t = 5 t = 10 r= 4.5% r = 15%
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A: The formula for simple interest is: Simple interest=Principal×time×rate100…
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A: Many Thanks for the Question “Since you have asked multiple question, we will solve the first…
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A: Interest is the cost of borrowing the money. It can be either simple or compounding.
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A: P = Principal I = Interest t = Term Let r = Simple interest rate
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A: Hi student Since there are multiple questions, we will answer only first question.
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A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
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A: The actual rate of interest is calculated as simple interest amount divided by funds available
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A:
Q: 4. If you know the simple interest due on a P10 000 loan, explain how you can use that figure to…
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
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A: 4) using excel PV function to calculate the principal in last installment
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- Use factors and a spreadsheet to determine the interest rate per period from the following equation: 0 = -26,000 + 8,000(P/A,i∗,5) + 8,000(P/F,i∗,8) What is the interest rate per period? %Use the compound interest formula A=P(1+r)^t and the given information to solve for r. A=$2800, P=$1700, t=4Use the compound interest formula A = P(1 + r)' and the given information to solve for t. 201 A= $42.000, P= $28,000. r= 7% T=?
- A saving account earns compound interest at an annual effective interest rate i. Given that d12,41 = 0.08, Find i1,51- %3DUse this formula to identify each item listed below ??=250((1+0.042512)12×15−1)÷(0.042512)FV=250((1+0.042512)12×15−1)÷(0.042512) payment compounded Interest rate timeCullumber Corporation is about to issue $1.120,000 of 9-year bonds that pay a 5% annual interest rate, with interest payable semi- annually. The market interest rate is 6%. Assuming all bonds are issued, how much can Cullumber expect to receive for the sale of these bonds? (a) Your answer is correct. Of the variables listed in the dropdown, choose the variable being calculated? Present value eTextbook and Media Attempts: 1 of 3 used
- Use the compound interest formula A = P(1 + i)n to find the indicated values A = $6,000; i = 0.03; n = 24; P =?A. Find the missing value, Show your solution. Simple interest 8. P = $ 3,950 ; i = 6 ¾ % ; N = 3 yrs and 1 mon.A. Find the missing value, Show your solution. Simple interest 1. P = $ 1,520; i = 3 ½ % ; N = 2 yrs.2. P = $ 2,200; I = $ 375 ; N = 4 yrs.3. P = $ 3,800; I = $ 805 ; i = 7 ½ %
- A. Find the missing value, Show your solution. Simple interest 7. P = $ 4,800 ; I = $ 1,878 ; N = 5 yrs & 5 mons8. P = $ 3,950 ; i = 6 ¾ % ; N = 3 yrs and 1 mon.Consider the cash flow below in Figure 1. If this cash flow is equivalent to cash flow given Figure (2) and if the interest is 7%, find A? Select one: a. 756 b. 3000 c. 2500 d. 855 e. 533Use the compound interest formula A = P(1 + r)" and the given information to solve for r. A = $2200, P = $1500, t=70s R=?