If compounded monthly, a loan will be amounting to P132, 400.00 if invested at 11.5% interest for 1.75 years, how much principal will be invested?

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: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

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Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

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Q: Find the interest earned at the end of 3 ¼ years if ₱ 50,750 is invested at 12% compounded semi…

A: Compound interest formula is  A=P1+rnntP is the principal amount=50750r=0.12t= 3.25 years Replace…

Q: If a nine-month term deposit at a bank earns a simple interest of 9% per annum, how much will have…

A: Simple interest: As the name indicates it is a simple interest computed on the amount of principal.…

Q: How much should you deposit in a bank paying 2% compounded quarterly to accumulate an amount of…

A: The formula for compound interest is given by A=P1+rnnt where P is principle, A is total amount, r…

Q: An investment account pays 4.8% compounded monthly. What equal monthly deposits should be made into…

A: An investment account pays 4.8% compounded monthly. What equal monthly deposits should be made into…

Q: If a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A: Given: The value of r is 9%

Q: What is the interest rate compounded quarterly if 2,500,000 pesos is invested and the amount became…

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Q: Engr. Velasco decided to subscribe in a globe promo which must be paid P 4,278 per month for five…

A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

Q: A bond pays dividends of $110 at the end of each year. If the bond matures in 20 years, what is the…

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Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: A loan of P100,000 has been issued for 5 years. Compute for the amount to be repaid to the lender if…

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Q: Suppose that RM9,000 is deposited for 6 years in an account paying 8.31% per year compounded…

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Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: How much is the original loan if semi-annual payments of $100,000 are used to repay it at 5%…

A: r= 5% A = amount to be paid =$100,000 P = original amount  t= 8 years

Q: In order to have P1 million in a fund at the end of 15 years. how much must be deposited in the fund…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: An interest-bearing note for P75,000 requires payment at the end of each quarter for four years. If…

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Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

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Q: A yearly payment of ₱50,000 is due at the start of each year for 10 years for an insurance worth…

A: Let the yearly rate of interest be r% per annum. It is given that a yearly payment of ₱50000 is made…

Q: A car loan of $30714 is to be repaid by making payments each month for 3 years. If interest is 21%…

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