Gink 15 A company wants to set up fund to pay a loan of years. If the sinking fes an annual interest rate of 70, how muon should the company deposit into the sinking fund each year?
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- A customer is offered an investment where interest is calculated according to the force of interest,t {0.02t 0 ≤ t ≤ 3, 0.045 t > 3If the customer invest GH¢1000 now, what rate of interest, compounded quarterly is earned over the first 4 year period.If $15,000 was borrowed at 12 percent interest with monthly payments of $333.67, how long will take to pay off the loan? N =_____ I/YR =_____ PV =________ PMT =_________ FV = ____________What is the internal rate of return on a $3,000 loan to be repaid as $3,500 twoyears from now?
- Provide a complete solution and answer for the given problem in the attached image.How much interest is deducted in advance from a loan of P18,000.00 for one year and 6 months if the discount rate is 9%. How much is the proceeds after deducting the interest?1) What is the loanable funds market? 2) Calculate the following: You save $100 and want to see how much you will earn based on the following interest rates Interest Rate Value after 1 month -1% ? 0.5% ? 1% ? 2% ? 3) What supply factors affect the Loanable Funds market? 4) What demand factors affect the Loanable Funds market?