IV. EXERCISES Directions: Solve the present value P, and amount F of the following ordinary annuities. 1. Quarterly payments of P2000 for 5 years with interest rate of 8 % compounded quarterly. 2. Semi-annual payments of P8000 for 12 years with interest rate of 12 % compounded semi-annually 3. Daily payments of P50 for 30 days with interest rate of 20 % compounded daily.

Q: 1. Joshua wants to have Php 250,000 at the bank after4 years in time for his graduation. He plans to…

A: Amount after 4 years = Php250000 Interest rate is 12% compounded monthly.

Q: iv) Use your formula to determine the monthly payments at the beginning of each month on a $15 000…

A: Given: Loan Amount, P = $15000 Interest rate, r = 3% = 0.03 Number of years, t = 3 Number of period,…

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Q: purchases a new car for $21,550. He makes a $6000 down payment and finances the remainder thro tized…

A: We have to find the monthly payment, amount and interest.

Q: find the payment needed to amortize a loan of $4000 with 6% intrest compounded monthly with 24…

A:

Q: 3. A monthly deposit of P2,000.00 was made at 12% compounded semi annually. How many years will the…

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

Q: Suppose you take out a mortgage for $500000 at 3.5% interest per year compounded bi-weekly. If your…

A: o calculate the monthly mortgage payment, we need to use the formula for the present value of an…

Q: A student wants to save up to purchase a P105,000 property in cash at the end of 5 years. If he…

A:

Q: Calculate the time period of an investment in a mutual fund that matured to $66,063.92 yielding…

A: An investment in a mutual fund that matured to  yielding interest of  at  compounded monthly.

Q: Determine the present value of a series of 30 quarterly payments of $3,500 each which begins one…

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Q: Since the birth of her granddaughter, 20 years ago, Alexis has deposited $150 at the beginning of…

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Q: Mr. Dela Cruz obtain a loan for P2,000,000 at the rate of 12% compounded monthly in order to build a…

A: Here we want to calculate monthly cost to clear the loan within 10 years.

Q: What sum of money will be required to discharge a loan of P7,800 on April 1, 2022, if the loan was…

A: We will find out the required value.

Q: Robert has accumulated $345,000 in a retirement savings plan. He would like to purchase an annuity…

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Q: 2 Spyro takes out a loan of 40000 AED from a bank at an annual interest rate of 6.3% compounded…

A: Compound interest formula is given by the equation; A=P1+r100nntP→Principal amountA→Final…

Q: A payment of $2,600 is due in 2 years, and $4,000 is due in 4 years. What single payment made today…

A: Given that a payment of $2,600 is due in 2 years, and $4,000 is due in 4 years.

Q: A refrigerator which is listed at RM4,500 cash can be purchased on an instalment purchase by making…

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Q: The first quarterly payment of $850 in a six-year annuity will be paid 2.5 years from now. Based on…

A: Given data is; A=$850 t=2.5 years r= 3.6 %=0.036 Compounded monthly, thus n=12

Q: Ryan's student loan of $27,500 at 3.52% compounded quarterly was amortized over 3 years with…

A: Given Loan amount (A)= $27500 Interest rate (i)= 3.52% compounded quarterly

Q: iii) Use your formula to determine the present value of a loan, with $200 payments at the beginning…

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Q: 4. At 10% converted annually, find the amount and present value of an annuity of P9,000 payable each…

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Q: . A man paid 10% down payment of Php 200,000 for a house and lot and agreed to pay the balance on…

A: We can solve maximum one question as per our guideline ,you can repost other parts

Q: A $250000 mortgage is amortized over 20 years. If interest on the mortgage is 3% compounded semi…

A: Given that, a $250000 mortgage is amortized over 20 years and interest on the mortgage is 3%…

Q: What is the present value of an annuity that consists of 30 monthly payments of $300 at an interest…

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Q: 1.) Your 3 year investment of $20,000 received 5.2% interested compounded semi annually. What is…

A: Note : according to our guiflines i can solve only first, please reroute the remaining questions.…

Q: Bradley contributed $900 at the end of every 3 months into an RRSP fund earning 3.77% compounded…

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Q: Identify the future value 1. quarterly payment of 15,000 pesos for 10 years with interest rate of…

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Q: If a loan P120, 000.00 is to be amortized for 2 years at 12.5% interest compounded monthly, how much…

A: The monthly payment amount can be defined as follows: