contract calls for semi-annual payments of P40,000.00 for the next 10 years and an additional payment of P250,000.00 at the end of that time. Find the equivalent cash value of the contract at 7% compounded semi-annually

Q: The payment on a 15 year loan at 9.36% compounded weekly is $180.00. Calculate the amount of the…

A:

Q: Determine the future value of Php29, 500.00 loan after 7 years at 3% per annum

A: FORMULA: A=P1+rnnt where A= Future value P= Initial value r= rate of interest t= time period n=…

Q: What would be the monthly payment on an add-on loan from a credit union at 6% over 36 months for the…

A: I solved with detailed analysis

Q: Mrs Angngad acquired a loan of P50000 from a credit union that charges interest of 16% compounded…

A: From the given information we find the quarterly payment.

Q: Pak Harun has to repay the loan along with interest after 3 years of Rp 15,218,901.53. Determine the…

A: Ggggg

Q: Mr. Geconcillo has a P50,000 loan with interest at 14% compounded monthly due 3 years starting…

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Q: Solve for the future value of PHP75,000 invested at the end of each month for 3 years at 2.7%…

A:

Q: Bryan secured a 6-year car loan at 6.20% compounded annually that required her to make payments of…

A: The cost of the car is approximately $47,445.76.Explanation:To calculate the cost of the car, we…

Q: RM300 is deposited every 3 month for four year at 8% compounded quarterly i. Calculate the future…

A: Given that: Money deposited=RM300Rate of inetrest=8% quraterly

Q: Mr. Perez acquired a farm worth P680,000. He made a P30,000 down payment and the remaining balance…

A: Since you have posted a multi subparts question according to guildlines I will solve first three…

Q: Find the simple interest paid on a $470 loan at 6.9% annual interest for 3 months

A: Given:The principal amount (P) is $470.The rate of interest (R) is 6.9% per year.The number of terms…

Q: Find the present worth of a future payment of P80,000 to be made in six years with an interest of…

A:

Q: Gregory Mines Corporation wishes to purchase a new piece of equipment in 4 years. The estimated…

A: it is known that  number of compounding factor = lengths of time ×4 given length of time = 4 years…

Q: A computer is available for Rs. 39300 cash or for Rs. 12820 cash down payment and three equal half…

A:

Q: Find the amount of an ordinary annuity for 6 years of semiannually payments of $1,400 that earn…

A:

Q: Guy de Primo buys a new car for $23,625.48. He puts 12% down and obtains a simple interest amortized…

A: According to the given information, it is required to calculate the monthly payment.

Q: To pay for his debt at 10% compounded semi-annually, рay Marcus committed for 10 quarterly payments…

A: To determine the amount of money Marcus borrowed.

Q: Determine the amount of a semi-annual coupon and the total coupon paid for a 3% bond with a face…

A: Given: Total coupon is paid for 3% bond value Face value=ℙ 80,000 Maturity at 15 years.

Q: The monthly interest rate on this loan is 0.5%. The amount of the first month’s payment ($1918.56)…

A: Monthly interest rate  = 0.5 % yearly interest rate  = 005*12 =6 %Loan amount = 320,000 $monthly…

Q: pay for his debt at 12% compounded semi-annually, Raven committed for 8 quarterly payments of…

A:

Q: Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12%…

A: To find The amount of an ordinary annuity.

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: jerome invests p1400 semiannually at 8% for nine years,determine the cash value of annuity due at…

A:

Q: If money is worth 4% compounded semiannually, find the present value and the final amount of an…

A: Total period is 3.5  years Annuity due pay =Php 11,250 Therefore P=11,250 The money is worth 4%…

Q: Compute the monthly payments for an add on interest loan of $2900 with an annual interest rate of 8%…

A: given that P  = $2900 R = 8% T = 4 years formula used for compound interest is…

Q: The payment on a 15 year loan at 9.36% compounded weekly is $180. Calculate the amount of the loan.

A:

Q: A person loans P500, 000 from a bank with an interest of 4% compounded annually. The person agrees…

A: We will find out the required annual payment.