Annie buys a television set from a merchant who offers P 25,000.00 at the end of 2 months. Annie wishes to pay immediately and the merchant offers to compute the required amount on the assumption that money is worth 14% annual simple interest. What is the required amount?
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Annie buys a television set from a merchant who offers P 25,000.00 at the end of 2 months. Annie wishes to pay immediately and the merchant offers to compute the required amount on the assumption that money is worth 14% annual simple interest. What is the required amount?
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- Annie buys a television set from a merchant who ask P1, 250 at the end of 60 days. Annie wishes to pay immediately and the merchant offers to compute the cash price on the assumption that money is worth 8 % simple interest. What is the cash price.Jack buys a a car from a chant who offers P 748,000.00 at the end of 5 years. Jack wishes to pay immediately and the merchant offers to compute the required amount on the assumption that money is worth 14% simple annual interest. What is the required amount? Compare it when compounded annually, semi-annually, quarterly, and monthly.Mrs. Lim's purchase contract for a house and lot specifies that she will pay $500,000 cash and $45,000 at the end of each month for 10 years at the interest rate of 17% converted monthly. What is the cash value of the house and lot? Round off answer to the nearest peso.
- Anne buys a television set from a merchant who asks for P1,250 at the end of 60 days. Mr. Ureta wishes to pay immediately and the merchant offers to compute the cash price on the assumption that the money is worth 13% simple interest. What is the cash price? A. P 1,342.12 B. P1,223.45 C. P 1,233.55 D. P 1,324.21A woman decides to purchase a $23000 car, and makes down payment of $3500. She arranges to borrow the remainder from a bank that will charge her 4.5% interest. She will make monthly payments for 4 years. a. Find her monthly payment amount b. determine the total amount she would pay for the car and the total amount of interest paidsky wants to purchase a new house that cost 1,440,000. The bank agrees to provide a loan to fixed interest rate of 5.88%. Compute her amortization when spread over a. 5 years b. 10 years. which loan term will she avail if she is recieving a salary of 20,000 per month
- Annie purchases a television from a salesman who promises her 25,000 if she returns it in 61 days. Annie requests urgent payment, and the merchant agrees to calculate the required amount based on the assumption that money is worth 14.14% simple interest. What is the minimum amount required? 3 decimal places asap thank youAnswer each of the following. 1. Lisha Yvette is going to purchase a home theather system with a purchase price of P118,000.00. She has P24,000.00 to pay as a down payment. She is going to finance the home theatre system monthly for 2 years at an 8% interest rate. What is the Amount Financed? a. b. What is the monthly payment amount?Diane Wallace bought a living-room suite on credit, signing an installment contract with a finance company that requires monthly payments of $55.53 for three years. The first payment is made on the date of signing and interest is 23% compounded monthly. (a) What was the cash price? (b) How much will Diane pay in total? (c) How much of what she pays will be interest? and Based on the cash price calculated in part (a), if the interest rate is changed to 20.3% compounded monthly, what is the new monthly payment?
- Anna plans to buy an apartment for $152844. she wants to make a down payment of $23646 and to take out a 27yr mortgage for the remaining amount. if money is compounded monthly at 6.67% how much must she pay each month?Kyla sold her laptop to fely in a condition that fely should give her a downpayment of Php 8,000 and fely pay her Php 1000 every month for 1 year. if the money earns 0.5% compounded monthly what is the market value fely's offer?Q) Maria purchases a new big screen television for $850 on her VISA card that carries a favorable interest rate of 8.9% on new charges. a) Determine how long it would take her to pay the television off if she plans on making monthly payments of: $50 $75 $100 b) Compute the total amount that the television cost her with each of the different monthly payments. C) Compute how much money she saved overall by making the $100 payment over the $50 payment. Solve all three subparts early