Find the present worth of a maintenance that has a cost of 40,000 in year 1 and annual increases of 7% per year for 10 vears. Use an interest rate of 9% per year

Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: To buy a house in Auckland, Mr Lim took a loan of $500 000 from a bank which chargers compound…

A: Loan Amount  = P0 = $500,000 Interest Rate , r  = 0.013 Loan term = n = 10 years The CI is…

Q: DETERMINE the original value of an investment that has matured to $1, 000 after 8 years with an…

A: To determine the original value of an investment that has matured to $1, 000 after 8 years with an…

Q: What is the monthly mortgage constant on a 20-year mortgage loan of $75,000 requiring payments of…

A: Note;- These are multiple questions according to guideline we can do maximum 1 question so i am…

Q: Find the exact interest on a loan of ​$6,000 at 8​% annually for 70 days.

A: Given, a loan of $6,000 at 8​% annually for 70 days.To find the exact interest on a loan.

Q: Bank ZLX is offering personal loans to of up to $50,000.  The loan would have to be paid off making…

A:

Q: Calculate the value gained from depositing 12 regular installments into a bank, as the amount of…

A: S = P × (([1 + i]n – 1) / i) × (1 + i). Here, S is the final amount of maturity. P is the amount…

Q: Calculate the simple interest due (in dollars) on a 60-day loan of $1,600 if the annual interest…

A: Given

Q: Calculate the simple intrest for $2400 borrowed for 2 years at 4% per annum

A:

Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

A:

Q: Calculate the value gained from depositing 12 regular installments into a bank, as the  amount of…

A: