An amortization of a debt is in form of a gradient series. What is the equivalent present worth of the debt if interest is 5%? Determine also the future amount of amortization as well as the equivalent uniform periodic payment. Draw cash flo

Q: A child's grandparents have opened a #574895 savings account for the child on the day of her birth.…

A: Given  Present value  P = Money deposit by grandparents at the time of birth of grandchild = 574895…

Q: Q3. An individual makes five annual deposit of $2000 in a savings account that pays interest at a…

A: Annual deposit = $2,000Interest rate for first 6 years is 4% andfor next 4 years is 6%

Q: A man secured a 8,057 loan at 2% interest rate, Find the annual amortization to extinguish it in 1…

A: Loan amount = 8057 Interest rate = 2 % Monthly rate = 2 / 12 = 0.167% Time = 12 months  Therefore…

Q: An investment allows for end-of-year payments that grow by 2% per payment for 15 years, starting at…

A: A=$1100g=2%i=3.4%N=15 years

Q: What will be the amount accumulated by each of the given present investments?(a) $6.000 in 12 years…

A:

Q: Annual deposit were made in a fund earning 10% per annum. Thefirst deposit was P2000 and each…

A: Given information,  Initial Deposit = P2000; Annual Deposit = P200; Numbers of Annual Deposit = 6…

Q: Q3 rates and the period in which the X value is calculated and then calculate the X value. Draw the…

A: Note: As per the Bartleby Policy, we are restricted to answer the first question, Kindly post the…

Q: Simple and Compound Interest . Calculate the amount deposited 1 year ago to have SR1000 now at an…

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…

Q: SITUATION1: Five hundred pesos (P500.00) is deposited monthly to an account earning 7% compounded…

A: This is calculated using the following formula:FV = P * (1 + r/n)n*twhere:FV is the future valueP is…

Q: Compute the interest rate if future value (FV) = $11461, present value (FV) = $3959,  and number of…

A: Compound interest is the interest computed on the principal and the interest accumulated over the…

Q: Tyrone wants to spend $14,500 on a new car three years from now. He opens a savings account and…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: 1000 750 ÏILLE 500 1250 250

A: Each sum is communicated in the worth of the cash at that specific time, alluded to as future…

Q: Due to health reasons, Dave is considering early retirement. He currently has $700,000 in a self-…

A: The net present value considers the entire cash flows in future whether positive or negative over…

Q: value of $ 20000 at the end of 10 years

A: (a) FV ($) = 20000 + (20000 x 7% x 10) = 20000 + 14000 = 34000

Q: ← Occasionally a savings account may actually pay interest compounded continuously. For each…

A: Formula for the future value is given as: F = P(1+R/m)t*m F: future valueP : principle valueR : Per…

Q: Calculate the effective annual interest rate for 15% corresponding to each of the following: (d)…

A: Compounding is the act of accruing interest on both the initial principal and interest accumulated…

Q: Past costs not relevant to decisions because they cannot be changed no matter what actions are…

A: In a market, a firm faces different types of costs when making an investment and production…

Q: Future Value of an Investment The newly opened Mario's Trattoria is expected to produce a continuous…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first question for you as…

Q: i=2% Inflow (+) Outflow (-) 1 P=? 5,000 2 3 5,000 X 4 5 6 t in years Note the cash flow series in…

A: Cash flow describes the movement of money into and out of a business or individual's financial…

Q: Set-E4. What is the effective annual interest rate if a credit union pays 4.125% interest (a)…

A:

Q: Draw the cash flow diagram with your solution. A loan for P50,000 is to be paid in 3 years at the…

A: Given  Present value of money (P)=P50,000 This loan is to be paid in 3 years and the amount payable…

Q: Team, please create an amortization schedule which shows different dollar amounts you borrow at…

A: Introduction Amortization table for 25 years loan has  shown on different interest rate and…

Q: Maula-pae Weaks urgently needed $100,000 to pay lawyer-fees after illegally withdrawing a letter,…

A: Amount of Loan = 100,000  i = 15% n = 3 years  Compounding is monthly   To solve find the remaining…

Q: Maha borrowed SR 200,000 to purchase a new car. What is the annual interest rate if the loan is to…

A: Maha borrowed SR 200,000 so the Principal amount (P) =200,000 Annual payments A = 50,000 Total…

Q: Compare the future worth of $2,500 for 5 years at 12% per year compounded monthly. How much interest…

A: Future worth (F) = $4541 (d option is correct)Interest=$2041

Q: Student Loans Willie Wilson plans to borrow $36,627 at the beginning of each of his 4 years of…

A: The objective of this question is to calculate the annual installment amount that Willie Wilson…

Q: Luke borrows $200 000 from a bank to set up a medical practice. He agrees to pay a fixed interest…

A: Present value of annuity refers to the sum of the present values of each cash flow in the annuity…

Q: The function f(x) = 900 represents the rate of flow of money in dollars per year. Assume a 20-year…

A: The present value of a project or an investment refers to the value of the associated cash inflows…

Q: car loan at an interest rate of 9% compounded monthly to be repaid over 60 months, where 9% is the…

A:

Q: A credit union charges 4% interest per month on the unpaid balance for purchases made on the credit…

A: The current value of a future sum of money or stream of cash flows given a specified rate of return…

Q: o coupon bond will be worth $11,000 when it matures and is redeemed after 11 years. How much would…

A:

Q: A compound that pays 6% for the first 3 years, 5% for the next 4 years, and 4% for the last 2 years.…

A: Given the deposited amount = (1+9+3)*1000 TL = (13) x 1000 = 13000TL Total  number of years = 9…

Q: Elmo borrowed $30,000 from the Statler & Waldorf Bank at 12% APR, compounded monthly. The loam is to…

A: here we calculate monthly loan payment amount by following method as follow;

Q: Memo #12 Dated Feb. 17/25 35 From Owners: Pay HST owing to the Receiver General for the period…

A: Interpretation of Memo #12This memo instructs you to pay the Harmonized Sales Tax (HST) owing to the…

Q: A charity organization will donate for the education of indigent students. The donation will be…

A: The given problem can be represented using a cash flow diagram.The interest rate is 20% compounded…

Q: solve

A: Here, 3=1+rt Where t is time period. r is interest rate.

Q: You want to borrow $1500 at 8% and you are willing to pay $210 in simple interest.How long can you…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Suppose that ​$5,000 is placed in a bank account at the end of each quarter over the next 9 years.…

A: GIVEN   P = $5000 No. of periods (n)= 9*4 = 36 compounded = 14%

Q: Find the compound interest of P 2,500 invested at 8% compounded semiannually for 5 years and 6…

A: The interest on a loan or deposit is computed using both the original principal and the interest…

Q: 8 years ago, a man borrowed P 150,000 from a bank with an interest rate of 8% compounded quarterly…

A: Given Borrowed amount = 150000 Time = 8 years Interest rate = 8 % compounded quarterly Present value…

Q: Determine the present equivalent value of $400 paid over a period of 7 years  in each of this…

A: Present Equivalent value tells about the amount needed to produce a series of payments in the future…

Q: Determine P & F for the diagram below: P = ? immä 3 4 5 1 month A=500 7 six months A' $1500 Α' F For…

A: Given  For the first 7 months, the monthly payment is A= 500 and the interest rate is 12% per year…

Q: pounding is done on a yearly basis, the nominal rate is __________ the effective rate.   a greater…

A: When compounding is done of yearly basis, the nominal rate will equal to effective rate Nominal…

Q: Recently, a certain bank offered a 5-year CD that eams 2.58% compounded continuously. Use the given…

A: Given information: Principal amount (P): $10,000 Interest rate (r): 2.58% Compunding: continuously…

Q: Suppose you take out a car loan of $15,000 with an interest rate of 15% compounded monthly. You will…

A: Hello, thanks for the question. Since there are multiple subpart questions posted here, as per the…