An amount of P100,00 is borrowed at 16% pa compounded quarterly. A partial payment of P40,000 is made after one year, P20,000 on the 18th month and the balance on the 2nd year. Solve for the remaining amount to be paid on the 2nd year. Show your cash flow diagram. O P68,431 O P100,881 O P125,880 O P147,298

An amount of P100,00 is borrowed at 16% pa compounded quarterly. A partial payment of P40,000 is made after one year, P20,000 on the 18th month and the balance on the 2nd year. Solve for the remaining amount to be paid on the 2nd year. Show your cash flow diagram. O P68,431 O P100,881 O P125,880 O P147,298

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

If you deposit RM15,000 in an account earning 20% with semi annually compounding, how much would you have in the account after 7 years? Select one: a. RM11,265.90 b. RM41,657.90 c. RM56,962.47 d. RM32,768.89
1. A lump sum of $30,000 is invested at 6% compounded monthly for 15 years. For 15 years it then pays out a payment at the end of every month while earning 5.4% compounded monthly. What is the payment amount of the annuity? Follow the steps below. a. Draw a timeline HERE. b. Identify the following values: CY = PY = N (number of compounds) = N (number of payments) = i for accumulation phase = i for annuity payment phase = c. Calculate the accumulation value of PV d. Then, using the value at 15 years you can solve for the annuity payment amount (this is the answer to the question).
Q1) A man deposited $10,000 in a bank saving account that pays X % / year compounded monthly. He withdraw his money in five equal ends of year withdrawals starting at the end of the first year. Each withdrawal equals $3,000. Determine: 1) Effective Interest Rate per year (i) 2) Nominal Interest Rate per year (X) 3) Effective interest rate per month 4) Effective interest rate per six months
1. A one million peso loan is to be paid annually at an interest rate of 8.00% pa compounded monthly. How much should the annual payments be if the first payment is made on the 3rd year and the last on the 10th year? Show the cash show diagram?
What amount of money must invert in a bank that pay the 25 % annual, capitalizable monthly, with the objective of get, to the final of three years, the addition of $3,000 000.00? Which would is amount Yes the rate it is capitalizable semi-annually?
a.) An amount of P14,000 is borrowed at a discount rate of 10%, find the proceeds if the length of the loan in 180 daysb.) A deposit of P1500 is made into a fund on March 18. The fund earns simple interest at 5%. On August 5, the interest rate changed to 4.5%. How much is in the fund on October 23?c.) How long will it take any sum to double itself with an 11 percent simple interest?
Find the size of the monthly bank payment: P=$75,000 interest= 7 3/4% time= 4 months
If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from the bank for 8 years starting 1 year after the 9th deposit is made. Cost of money is 14% compounded quarterly. please show the cash flow diagram
Show cashflow diagram and solution (not on ms excel pls) a loan association lends money at the rate of 15% compounded semiannually. A man borrows P50,000 payable in 16 semiannual installments, the first payment due at the end of two years reckoned from the date of the loan. how much is each of the semiannual installments?
If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per year, how much money will be in the account at the end of that time period? O A. $1,890,000 B. $63,000 O C. $132,878 O D. $1,200,000
Assume the following annual payments of notes payable of Demi Company with 10% discount rate. 1st Year - P300,0002nd Year - P200,000 3rd Year - P400,000 What is the present value of the annual payments?
A bank pays 6% interest, compounded semiannually. Use the appropriate formula to find how much should be deposited (in $) now to yield an annuity payment of $700 at the beginning of each six months, for 16 years. (Round your answer to the nearest cent.) $

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