Making Money Happen You are an investor who is aiming to accumulate a money amounting to P100,000.00 at the end of a specific year. Make plans of the amount to be invested, terms and rate of investment for simple interest then choose which between the plans is more realistic for a starting investor. Components Plan 1 Plan 2 Present Value Rate Time Simple Interest Maturity Value Plan Chosen: Reason for Choice:

Q: Option 2: Problem Solving You wish to invest P10,000 for a period of 5 years. Which of the following…

A: The principal amount we have is ₱10000 and the time period is 5 years.  Therefore,  P=₱10000 t=5

Q: Hi, I asked this question an got an answer for it but I'm unable to understand what's happening in…

A: Debt=$15,000  Interest rate=6.8%

Q: standing is not good. 10. If you planning to invest, compound interest is better than the simple…

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Q: In 2015, baseball player Max Scherzer signed a contract to play baseball for 7 years until 2021. The…

A: Inflation is a concept of economics and statistics.

Q: You have a choice of four increasing annuities as shown in the table below. Which annuity will reach…

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Q: B. Write the word TRUE if the statement is correct, otherwise write FALSE. Simple interest changes…

A: We will find out the required solution.

Q: Amount borrowed is $250,000 and the interest rate is 8% . The loan amount is to be paid back in 6…

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

Q: Find the convexity of a compound interest mortgage with annual installments prepaid at the end of…

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Q: Simple PV Interest Days Method Total Intere $8,037.00 6.22% 280 Ordinary O a. $8,425.81

A: Given: PV=$8037Simple interest = 6.22%Days =280

Q: Find the amount of simple interest on a loan of $4,500 at 9% interest for 12 years. O $427.50 O…

A: Thanks for the question :)And your upvote will be really appreciable ;) last option

Q: 30 year mortgage rates have a 6% APR You can pay bank one time payment of 5000 to receive a lower 30…

A: To solve this problem, we need to find the present value of the monthly mortgage payments at both…

Q: in months in dollars 0 450 1 4

A: Here, in the question given an investment in dollars increases at a constant rate. The interest rate…

Q: Interest (Php) Matu

A: 1) Formula for interest in simple interest: Interest= principal × rate × time Formula for maturity…

Q: A bond has a 14% coupon rate with semiannual coupons and matures in 13 years. The bond has a $1,000…

A: Answer given below.

Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

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Q: you want to establish a savings fund from which a community organization could draw $1,000 a year…

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Q: Explain the difference between an ordinary annuity and an annuity due. (Multiple Choice) A. Ordinary…

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Q: Find the total number of compounding periods and the interest rate per period for the investment.…

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Q: B. Write the word TRUE if the statement is correct, otherwise write FALSE. Simple interest changes…

A: 6.  Compound interest yields more amount than simple interest. The statement is TRUE, as the  amount…

Q: Guest TICE SEC TION 2/ 5OF S Part B For each one-year period after a car was purchased, its value at…

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Q: Solve for just one out of the two options by finding the monthly payment and the total interest of…

A: Given For new car , Cost = $28,000 , time = 4 year , interest = 6.12%For used car , Cost = $16,000 ,…

Q: Chapter 8 - Simple Interest Applications Find the price paid for the treasury bill. What is the…

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Q: Direct

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Q: Suppose that you borrow $12,000 for three years at 5% toward the purchase of a car. Use PMT= to find…

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