ent had been made on a simple interest calculation? A) 232 105

Q: 7. Suppose that a man lends $1000 for four years at 12% per year simple interest. At the end of the…

A: Compound interest (otherwise called compounding interest) is the interest on a loan or deposit…

Q: Callum borrowed $45,200 from a bank at an interest rate of 9% compounded monthly. This loan is to be…

A: Principal=$45,200i=9% (compunded monthly)Number of installment=16Period=8 yearsInstallment…

Q: What is the total amount of money to be paid back at the end of 5 years for the loan of 175000 lira…

A: The formula of compound interest is indicated as follows: A = P (1 +r)n Where, A is amount. P is…

Q: 12 - What is the total amount of money to be repaid at the end of 5 years for the loan of 150 000…

A:

Q: A man paid 10% down payment of P2, 000,000 for a house and lot. If the rate of interest is 15%…

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

Q: How long will it take any sum to double itself with an 11% interest rate compounded continuously? a)…

A: Continuous compounding refers to compounding interest an infinite times in a year.  The formula…

Q: How long will it take for an investment of $32,000 in a mutual fund to mature to at least $100,000…

A: Initial investment = $32,000Mature amount =$100,000Growing rate = 12% compounded semi…

Q: You wish to purchase some 25-year-maturity strip bonds with the $11,874 in cash you now have. If…

A: Step 1: Number of bonds=11874/335.81            Number of bonds= 35.35 Step 2: purchase 35 bonds…

Q: 490 per year to purchase equipment for his business. Complete the following table by calculating the…

A: Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other…

Q: Compute for the effective interest rate every 3 months of the nominal rate us 16.66% compounded…

A: The effective interest is generally higher than the nominal rate because it will be calculated with…

Q: I put $500 in a bank a year ago at an interest rate that compounded annually. When I withdrew my…

A: Given: Amount received today = $540 Amount deposited a year ago = $500 Number of years = 1 Rate of…

Q: With a $500,000 home mortgage loan with a 20-year term at 4% APR compounded semiannually compute the…

A: Given information i = 4% compounded semiannually = 4% /2 = 2% per semiannual period Effective int…

Q: Question 7 You want to borrow R10,000 from a local bank, which is to be repaid in 2 equal semiannual…

A: The compounded value can be calculated using the below-drawn formula:  Compound interest (FV)…

Q: Consider the situation in problem # 2, aside from saving, you also have a monthly expenses of 5,800…

A: Given the future value = P80000 Annuity or annual savings = P1538.4 Monthly expenses = 5800

Q: Cristina borrowed P50,000.00 from Social Security System in the form of calamity loan, with interest…

A: The application of economic principles and calculations to engineering projects is known as…

Q: 5- According to the cash flow diagram below, for the case where the cost of capital is 25%;…

A: Present worth is a financial term that refers to the value of a future amount of money in today's…

Q: Mr.Rudi is a manager in an automation company. As part of his future planning, Mr.Rudi plans to…

A: In the mentioned question we have been ask about the time value of money as they have set a plan of…

Q: What is the value of the compound interest rate applied to a capital of R$13,200.00, so that it…

A: The interest on a loan or deposit that is calculated using both the initial principle and the…

Q: 7. Joe wants to have $7000 to buy a car. How much does he need to invest into a savings account that…

A: Given Amount(A) = $7,000Time(t) = 5Years (5 x 365)Interest Rate = 4.15% 0r  0.0415

Q: What is the total amount of money to be repaid at the end of 3 years for the loan of 190 000 lira…

A: Total repayment after N years = Loan value x F/P(i%, N)

Q: Fishing Designs has arranged to borrow $12,000 today at 15% interest. The loan is to be repaid with…

A: Present discounted value (PDV) is the value of a future cash flow or series of cash flows in today's…

Q: Question 94 (a) Find the amount of money a company could afford to spend now instead of spending…

A: Compounding refers to the process of earning interest on the the principal amount as well as the…

Q: 3. How much do you need to deposit today (P) to withdraw BD25,000 at n=1, BD3,000 at n= 2, and…

A: Given amount to withdraw in year 1 = 25000 Year 2 = 3000 Year 4 = 5000 Interest rate = 10 %

Q: You have been making monthiy deposits of $5 into a savings account with monthly compounding for 3…

A: Given,  Monthly Deposit : $5 Time : 3 years APY : 1.7% To calculate the APR compounded monthly from…

Q: Question content area top Part 1 What is the equivalent AW of a one​-year contract that pays…

A: Given information:- The contract pays $5,000 at the beginning of the first month.- The payment…

Q: 12. A car dealer advertise the sale of a car model for a cash price of P280,000. If purchased on…

A: Given cash price of car = 280,000 P Down payment = 15 % of price = 42000 Remaining balance to be…

Q: ded interest, aiter years. LIne DaiIk imes the principal, what is the interest rate we originally…

A: A = P(1+r)t Where  A is amount recieved amount repay the loan P is principal amount r is interest…

Q: Russ borrows $25,000 to make a down payment on a new home. The interest rate is 6% per year 2)…

A:

Q: An annual maintenance cost of a generator is P1000 after one year and it is estimated to increase by…

A: Initial amount = P1000 Per year increase = 10% Time = 7 years Interest rate = 15 %

Q: You want to borrow $25,253. You must repay the loan in 14 years in equal monthly payments and a…

A: To solve this problem, we can use the formula for calculating the monthly payment on a loan with…

Q: A depositor puts $40,000 in a savings account that pays 10% interest, compounded semiannually. Equal…

A: Principal amount(P)=$40,000 Interest (i) compound semi-annually i=10/2=5% or 0.05

Q: A man who won P300,000 in a lottery decided to place 50% of his winning in a thrust fund for the…

A:

Q: In order to go to college, Lucy borrowed money from Happy 3 years ago. She borrowed a sum of…

A: Amount borrowed P = 50,000           Interest rate R = 5%                      Time  T = 8 years…

Q: Engr. Marquez borrowed 10,240.31 from G’s Lending on Jan. 1, 2018 and 8,170.45 after two years.…

A: Here , in this case you will have to calculate total value of loan till 1 Jan 2021 and then pay .…

Q: Draw a cash flow diagram for someone who gets subsidized student loans their senior year: Receive…

A: Cash flow:The internet amount of cash or coins equivalents that enters and exits a business or…

Q: 3. An amortization of a debt is in a form of a gradient series of P5,000 on the first years, P4,500…

A: Present value states that an amount of money today is worth more than the same amount in the future.…