$120,000 1 3 4 5 $10,000 $20,000 $20,000 $20,000 $20,000 $X

Q: You are now about to pay P50,000 to a friend whom you have borrowed some money fifteen months ago.…

A: The worth of an asset at a future date is called future value. It is the present value multiplied by…

Q: a perpetuity has a price of $750 and an annual interest payment of $35,

A:

Q: What is the amount of interest earned on $5,000 for three years at 8% simpleinterest per year?

A: The income earned by labor is wage and the income earned by land is rent. Similarly, the interest is…

Q: a 6410

A: Answer R = 6%

Q: Find the value of T, the equivalent uniform flow of the given set of flows, if the interest rate is…

A: Constant arithmetic growth refers to a pattern or rate of growth where a variable increases or…

Q: A=1, F=25.84, n=15, draw a cash flow diagram and find i.

A: The cash flow diagram will be a graphic representation for the monetary value of cash flows at…

Q: A bond with a face value of $10,000 pays interest of 8​% per year. This bond will be redeemed at its…

A: Price of bond = $6149 rounded offExplanation:Price of bond = PV of coupon Payments + PV of…

Q: Suppose you start saving for retirement when you are 30 years old. You invest $5,000 the first year…

A: Cash Flow:Cash flow is the movement of funds over a certain time period into or out of a company's…

Q: David is planning to contribute $8,000 a year into a mutual fund that earns an average of 8% per…

A: In economics, present value refers to the current value of future steam of cash flow. Future value…

Q: The present value of $20,000 each year for 4 years at a 5% interest rate is approximately The…

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

Q: What is the effective annual interest rate for 10% compounded (a) semi- annually, (b) every four…

A: The effective rate of interest is the return on a savings account or an investment, whose interest…

Q: An account has a nominal interest rate of 12% (annually) and an effective interest rate of…

A: In this question, I determined the most likely compounding period for an account with a nominal…

Q: Alfred desired 9,000 as the proceeds of a 90-day loan from B who charges 5% interest in advance.…

A: Given, Loan amount = 9,000  Time = 90 days  Interest rate = 5%

Q: Find the effective interest rate per payment period for an interest rate of 8%compounded monthly for…

A: The effective rate of interest is the return on a savings account or an investment, whose interest…

Q: 8% of the nominal interest rate; Calculate the 3-month effective interest rate for a) compounded…

A: Solution: Effective Interest Rate: It refers to the interest rate on loan or financial products…

Q: Find the compound amount after year if $100 is invested at the rate 6%, payable quarterly. What was…

A: given that, principle(P) is $100 time(t) is one year rate(r) is 6 percent

Q: In one loan plan, the interest is reported as 36% compound monthly interest. Determine the effective…

A: Given for loan, The compound interest = 36%  To calculate the effective interest rate: effective…

Q: What are two steps taken to find the AE, when cash flow has no special pattern?

A: The first step is convert the cash flow to present value by using the below formula.

Q: A saving association pays 2% interest monthly. What is the effective annual rate of interest?

A: Effective annual interest rate = [1 + (i/n)]n - 1

Q: In order to make CDs look more attractive than they really are, some banks advertise that their…

A: Simple vs Compound InterestWhen money is deposited into an account at a simple interest rate,…

Q: Economics SHOW IN EXCEL NON EXCEL ANSWERS WILL RECEIVE DOWN VOTE A firm charges its credit customers…

A: Compound interest rates charge interest rates both on the principle and the interest that is…

Q: Anika wants to invest $200 a month at 4.25%/a compounded monthly for 10 years. a) b) What will be…

A: Regular payments given at the conclusion of each term, such as monthly or quarterly, make up a…

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: Suppose that an investor wishes to deposit an amount now so that in 30 years $1,000,000 will be in…

A: Let the amount deposited now be represented by P. Let F represents $1,000,000 which appears to be in…

Q: E.Z. Money, who owns a chain of nightclubs, needs to borrow $20,000 to remodel the local dive. Ima…

A: Given, Amount borrowed = $ 20,000 Term of loan = 24 months Monthly payment = $ 1,118 Assume the…

Q: 1 An individual is borrowing $120,000 at 4% interest compounded annually. The loan is to be repaid…

A: To solve this problem, we can break it down into three parts: Calculate the original annual…

Q: What is the future worth of each given series of payments?(a) $8,000 at the end of each year for…

A: a. The investment is $8,000 at the end of each year and is repeated for 5 years and the rate of…

Q: Leon and Heidi decided to invest $2,500 annually for only the first seven years of their marriage.…

A: A sum's present value (PV) is its future value (FV), which is determined by how many periods of…

Q: Suppose that, to cover some of your college expenses, you are obtaining a personal loan form your…

A: The expense of getting can come in many structures. It is consistently to the greatest advantage of…

Q: An engineer who is about to retire has accumulated $50,000 in a savings account that pays 6% per…

A: Lets note down the information given to us as follows:- P = 50,000 i = 6% n = 10

Q: Suppose you deposit $1,000 in a bank savings account that pays interest at a rate of 8% per year.…

A: A savings plan usually pays a moderate interest rate, making them a better choice for saving money…

Q: Find the APY in each of the following cases:(a) 10% compounded annually.(b) 9% compounded…

A: Hello, thank you for the question. Since there are many subpart questions posted here, only the…

Q: Calculate interest on a 90-day $5,000

A: Given,  Time = 90 days (consider 360 days in a year) Interest = 11% Principal = $5000

Q: If Phil borrows $25,000 from a loan company at an interest rate of 3.5% per year compounded weekly,…

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