d new delivery truck was bought PHP 420,000 down payment and monthly instalment of PHP 10,000 at the end of each month for 3 ½ years. What is the cash price of the truck if money is worth 18% compounded monthly?

Q: The buyer of a certain machine may pay either Php 20,000 cash down payment and Php 20,000 annually…

A: The present value is used to find the profitability of the project by finding out the discounted…

Q: What is the cash value of a brand new refrigerator which was bought with a down payment of P20,000…

A: A loan is an agreement where one party receives an amount from the other party in exchange for…

Q: You borrow $35,000 at 10.25% interest compounded monthly. If you are unable to make any payments for…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: ABC Bank offers Php Php 90,000 at the end of 2 years plus Php Php 224,000 at the end of 3 that the…

A: Fair market value(FMV) for an asset which generates several payments for investor is the present…

Q: You want to purchase a machine for your business and you are given 3 different payment schedules:…

A: Given, Three payment schedules Rate of interest is 10%

Q: 4. Find the present value of perpetuity of Php1,000 payable every month if money is worth 10%…

A: Given rate is 10% compounded monthly. Therefore the monthly rate applicable will be 10%/12. The…

Q: 1. Find the amount due at the end of 6 34 yrs if Php5,000 is invested at 12% compounded quarterly.

A: Formula: FV = P (1+r/m)tm where, FV = Future Value P = Principal Investment r = Rate of Interest m =…

Q: You bought a house on loan worth Php 5,000,000, payable in 20 years starting the following year. For…

A: Loan Amount = Php 5,000,000 Total Time Period = 20 Years Interest rate = 10% compounded yearly

Q: It is desired to save $20,000 by depositing $800 every month in an investment that pays 12%…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid one thousand pesos per month…

A: Our first task is to determine the present value of 1,000 pesos per month for 5 years @ 8%…

Q: a customer invests IDR 20 million in the money market and earns 12% compound interest How much money…

A: The addition of interest to the principal sum of a loan or deposit is known as compound interest. It…

Q: One building was priced at $ 125,000 . If you advance $ 25,000 and every month after that If $ 1,000…

A:

Q: Question: The buyer of a motorcycle pays a down payment amounting to P5,400 and 2,700 every month…

A: Given information :  Down payment = P 5400 Payment made every month = P 2,700 Number of years = 3…

Q: A condominium unit can be bought at a down payment of P150,000 and a monthly payment of P 23,347 for…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: A brand new pick-up truck was bought for Php420,000 downpayment and monthly installments of…

A: Lets understand the basics. When asset is purchased against the some downpayment and monthly…

Q: If you are able to save Php 5 000 in year 1, Php 5150 in year 2 , and amounts increasing by 3 % each…

A: We can solve this problem by using the formula for the future value of an annuity, which is: FV =…

Q: The cash price of a motorcycle is Php325,000. A fixed amount is to be paid at every end of the month…

A: Here, Cash Price of Motorcycle is Php325,000 Time Period (n) is 1.5 years Interest Rate (r) is 9%…

Q: Keyes Farms bought a tractor priced at $20 000$20 000 and agreed to make payments of $1223$1223 at…

A: Present value of loan  $ 20,000.00PMT $   1,223.00Interest rate per year7.80%

Q: A car was bought on an installment basis with a monthly installment of P30,000 for 60 months. If the…

A: Present Value of Ordinary Annuity refers to a concept that determines the value of cash flows at…

Q: A car can be purchased with monthly installments of 8,500 and a down-payment of 115,000 for 48…

A: Monthly installment (M) = 8500 Down payment (D) = 115000 n = 48 months r = 12% per annum = 1% per…

Q: A truck costing $119,000 is paid off in monthly installments over four years with 6.2​% APR. After…

A: Truck value =$ 119000 Interest Rate(r) = 6.2% APR = 6.2/12 = 0.516667% Total Years = 4 Total…

Q: A new phone is for sale at Php13499 in cash or in instalment terms, Php2500 each mobth for the next…

A: Present value of any deposit is the discounted value of the intermediary and terminal values at…

Q: 6. Find the cash value of a condominium unit if a Php750,000 down payment and a monthly amortization…

A: The cash value of an asset refers to its present value which is the discounted value of all future…

Q: A truck is payable P10,000 for 7 years at the rate of 4% compounded continuously .Calculate the…

A: Annuity refers to series of equalized payments that are either made start or end of definite period.…

Q: A

A:

Q: A truck costing $118,000 is paid off in monthly installments over four years with 8.7​% APR. After…

A: A loan is a debt amount that must be repaid to the lender with interest thereon. The monthly…

Q: A brand new cellphone is worth P12,000 cash and is also available in 3 equal monthly installments…

A: The PMT function or concept can be used to determine the periodic payments required to accumulate a…

Q: 14. How much is the cash equivalent of an electronic product that can be purchased by paying a down…

A: We need to use loan amortisation formula below to calculate amount financed P =PMT1-1(1+i)ni where…

Q: A man intends to buy a machine via loan. He does so by depositing a down payment followed by…

A: In this we need to find present value of both and from that we can get initial deposit.

Q: A businessman plans on depositing Php 12,500 per month in amount that pay 8% annual interest with…

A: Future value is the value of group of recurring payments for the specified time period with a…

Q: A television set is for sale at ₱ 13,499 in cash or on installment terms, ₱ 2,500 each month for the…

A: Option 1: 13,499Option 2:PMT=2,500Interest=9%The interest rate compounded monthly…

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.