How much is the outstanding balance of a loan after 3.5 years that is worth 5,500,000 pesos if the interest rate is 10.6% interest rate compounded monthly for the next 10 years? 4,187,893.63 pesos remaining 7,293,291.32 pesos remaining 6,982,582.99 pesos remaining 5,408,205.86 pesos remaining

Q: A man borrowed P 300,000 from a lending institution which will be paid after 10 years at an interest…

A: Given that: Principal amount = P30,000 Time Period = 10 years  Interest rate =12 %    Formula A = P…

Q: CBG pays 10 percent per annum simple interest on its savings account balances, GCB pays 8 percent…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: What is the lender's yield on a $225,000 loan at 11 percent with monthly payments over 25 years if 4…

A: The term "lender's yield" typically refers to the effective interest rate that the lender receives…

Q: Q1. Suppose five years ago you received a loan of 500 million Dollars with a nominal interestrate of…

A: Amortization is a repayment method of a loan in equal instalment for a fixed period. The borrower…

Q: A loan of £10,000 is repaid by annual payments of £1,300 each at the end of the year. How long does…

A: NPER or the number of periods is the calculation of the total periods of payment considering a…

Q: Payment of loans: Calculate the value of the monthly payments for a loan of ¢300,000.00 in a credit…

A: Monthly Installments - - It includes a portion of principle payment along with Interest. Monthly…

Q: What is the realized balance from a eriodic payment of 100,000 dinars to paid at the end of every 6…

A: We need to use future value of ordinary annuity formula to solve this problem Future value…

Q: A debt can be repaid by payments of $3125.00 today, $2770.00 in two and half years and $4600.00 in…

A: To Find: Single Payment to settle debt four years from now

Q: Loan Rp. 1,000,000,000 is subject to 15% annual interest and must be returned in uniform annual…

A: Given: Initial Loan amount = 1,000,000,000 Annual interest rate = 15% Number of years = 10 Since,…

Q: A man borrowed P12,000 and agreed to repay it with P4,650.70 interest. If the interest is 6%…

A: Borrowed amount (PV) = P12000 Interest amount = P4650.70 Future value (FV) = 12000+4650.70 =…

Q: A loan of R5000 is to be amortised over thirteen years by regular equal quarterly payments starting…

A: Amortization is the process of gradually paying off a debt or loan through regular, scheduled…

Q: A $200,000 loan amortized over 15 years at an interest rate of 10% per year requires payments of…

A: Given, Loan Amount = $200,000 Time Period = 15 Years  Rate = 10%

Q: A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside…

A: Quarterly payment for loan will be, Where, P = Loan amount =3000000 r = Quarterly  interest rate =…

Q: a. A bank must collect to a man from his debt a sum of ₱10,000.00 at the end of 8 years. The debt is…

A: Because you have posted multiple questions, we will answer the first question only, for the…

Q: At an interest rate of 5% compounded annually, how much will a deposit of P2,000.00 be in 15 years.…

A: To calculate the future value we will use the below formula   Future value = PV*(1+r)t Where PV -…

Q: How much money will be required four years from today to repay a ₱2,000 loan that is made today at…

A: Future value refers to the sum total value of loan (or deposits) accumulated for a specified period…

Q: ₱1000.00 becomes ₱1500.00 after 5 years when it is compounded semi-monthly. Determine (a) the…

A: Thank you for posting questions. Since you have posted multiple questions, as per the guideline I am…

Q: A. How much is the amount of the loan? B. How much is the payment on the first period? C. For the…

A: The amount of the loan is the stated loan amount. The interest component can be calculated by…

Q: A LOAN OF P80,000 IS MADE FOR A PERIOD OF 18 MONTHS AT A SIMPLE INTEREST RATE OF 10%. WHAT FUTURE…

A: Simple interest measures the interest payment on the principal amount for a period of time without…

Q: 2. $6500 was borrowed at an interest rate of 12% compounded semi-annually. If the loan is to be paid…

A: Given: Rate of interest(r) =12%p.aRate semi-annually=6%Time (t) =5 yearsTotal No. of…

Q: 01 %, compound monthly for three years. d 300000 Mexican Peso, compound interest of 4%, compounded…

A: Interest earned on the investment depends on the interest rate and period of interest and…

Q: your given the following information about a home loan: loan amount 300000 number of years 25 years…

A: As per the Given Informatin we have, Loan= 300,000 Interest Rate Given=7% Upfront Rate=3% Total…

Q: 25. A loan of R15,000 is charged at an annual interest rate of 8%, compounded monthly. If the loan…

A: Future value is that amount which will be require to paid at some specified period of time. It…

Q: An installment loan for $18,000 has terms such that monthly payments of $180 are made for 10 years.…

A: Workings:- Time Period of Payments(in years) = 10 years Time Period of Payments(in months) = 10*12…

Q: What are the benefits derived from a riodic payment of 700,000 dinars paid at end of every 6 months…

A: Given information: Semi-annual payments : 700,000 dinars Rate = 4% annually and 2% semi-annually…

Q: A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside…

A: Here, Loan Amount is 3,000,000 pesos Interest Rate is 4.55% Time Period is 2 years Compounding…

Q: a 5-year $10,000 loan requiring monthly payments at a fixed rate of 9% is amortized into five-year…

A:

Q: A loan of Php 50,000 due 5 years from now and Php 50,000 due 10 years from now is to be repaid by a…

A: Given information : Amount due in 5 years = Php 50,000 Amount due in 10 years = Php 50,000 Repayment…

Q: What is the amount that a company can borrow today if its ann capacity is 10,000 KD, the loan…

A: Loans are paid by annual payments and these carry the payment for loan and pay for interest amount…

Q: Consider a five-year floating rate loan with principal of $10 million and quarterly payments based…

A: Given information: 5 year floating rate loan of $10 million

Q: A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside…

A: Amortization table:  An amortization table is a timetable that breaks down every monthly loan…

Q: Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.)…

A: Present Value can be calculated using PV function in excel PV (rate, nper, pmt, [Fv], [type]) Rate…

Q: If a one million peso loan is to be paid annually in 10 years at an interest rate of 8.0% pa…

A: Loan = 1,000,000 N = 10 Interest Rate = 8% Monthly Compounding Number of compounding periods = 12…

Q: A one million peso loan is to be paid annually at an interest rate of 8.00% pa compounded monthly.…

A: Loan amount (L) = P 1 million Interest rate = 8% compounded monthly. We need to find the annual rate…

Q: A $45,000 loan at 8.7% compounded semiannually is to be repaid by semiannual payments of $3,300…

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

Q: a b C d e Amortization Payment Payment Period every year every 3 months every month every 6 months…

A: The amortized payment can be calculated using the present value of loan, payment frequency and…

Q: What would be r in this problem? A P100,000 loan is to be paid monthly for 2 years with an interest…

A: Effective Annual Rate: The effective annual rate of interest is the actual or the real rate of…

Q: 12. i) Calculate the amount received from a loan that charges interest in advance by 4% and must be…

A: Interest advance = 4% Here, we'll find P at the end of 3 years.