ABC acquired a new Laser Machine worth P580,000.00. The center plans to pay 40% advance payment and the balance by quarterly payments for 7 years. If money is worth 9% converted quarterly. How much must be paid quarterly? 16,886.79 €9,056.79 #16,515.20 #8,857.49

Q: Mark paid Php. 12,000 after 2 years for barrowing Php. 10,000. What is the simple interest rate…

A: Given: Total Amount Paid A=12000Time T=2 yearPrincipal Amount P = 10000Rate of Interest = ?

Q: Boyd purchases a snow blower costing $1,772 by taking out a 15.5% add-on installment loan. The loan…

A:

Q: Find the Discounted Value and the Accumulated Value. A 50,000 payment was made on July 9, 2017 find…

A: Let us find accumulated value as on January 14,2018

Q: a credit card bill for $655 was due on April 14th. Purchases of 152.56 were made on April 19th.The…

A: Note that it is given that the first payment made after April 14th was on April 19th. This implies…

Q: A newly married couple bought a house for P175,000. They paid 20% down and amortized the rest at…

A: A newly married couple bought a house for P175,000. They paid 20% down payment and amortized the…

Q: Amir purchased five OMR2500 bonds at a closing rate of 94.98% Find the cost of bond. a. OMR 14671.7…

A: 5 bonds of 2500 will make a sum of 12500, whose 94.68% will turn out to be OMR 11872.5

Q: Chad Romin Computer Shop borrowed P500,000 on September 23, 2013 with interest due on October 3,…

A: The exact number of days from September 23, 2013 till October 3, 2014 is 376 days.For exact…

Q: Aniyah borrowed $82,000, on a 120-day 4% note. After 50 days, Aniyah made an initial payment of…

A:

Q: Find the minimum payment on an unpaid balance of $1,416.02. Assume that the minimum payment on a…

A: Solution: Given, Unpaid balance = $1,416.02 The minimum payment on a credit card is the greater of…

Q: Jane Doe has a job in Detroit, MI, that pays $45,550 per year. 1. What is her monthly take home pay…

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Q: Find the full amount if Php67, 300 deposited in the bank for 12 years at 3.15% rate

A: first calculate the interest using the formula S.I =PRT where S.I is the simple interest T is the…

Q: Mittola just won $383,000 in a state lottery. He invests it in an annuity earning 47% interest in…

A:

Q: What is the amount at the end of 5th deposit of Php5000 with 12% converted every end of six months?…

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Q: A house and lot has a selling price of PhP 1,960,000. A client made a down payment of PhP 460,000…

A:

Q: A+ Gene McDonald's bank granted him a single- Dayment loan of $5,000 for 90 days at 9% ordinary…

A: We will find the ordinary interest.

Q: Melvin invested Php100,000 in a business where the annual rate interest rate is 10%. How much will…

A: Melvin invested Php100,000 in a business where the annual rate interest rate is 10%. How much will…

Q: If the sales tax is 8.25%, how much does John have to pay for the phone at the store, before he…

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Q: Find the monthly payment on a VCR with an installment price of ​$976.44​, 12 monthly​ payments, and…

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Q: James wants to buy a car that costs $14,550. The dealership will finance the car for 5 years, at…

A:

Q: 2. Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, 2020, the fund…

A: Solution

Q: Manuel purchases a house and gets a 30-year mortgage for $175,000 at 4% APR. In addition to the…

A:

Q: hat is the rebate fraction of a 36 month loan paid off after the 13th payment?     What is the…

A: (a) Given,  Number of payment = 36                                  Pay mode = 13

Q: mortgage, what is the total amount of interest? *

A: Here total interest paid = total payments-borrowed amount

Q: Justin received an invoice for $4,000 that had payment terms of 2/10 n/30. He made a partial payment…

A:

Q: You owe $3545 on you credit card. Your minimum payment is 3% of that. What is your minimum payment?

A:

Q: 7

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Q: Suppose that the balance of a certain credit card is ₱43,744.53.The credit card company charges 3.5%…

A: It is known that the expression: "x% of y" is same as the expression:"x100×y". Calculate the charges…

Q: You take out a 7-yr car loan for $25,000 with a 7.5% APR. The fixed monthly payment is $383.46. How…

A:

Q: Divya has a 30-year mortgage for $248,000 with a 3.8% fixed annual interest rate. What is the total…

A: Basic simple interest problem of algebra. Here option (C) is correct the solution is provided below