Martin purchased a van for £12,000 during his six-month period of account to 31 July 2023. What is the maximum amount of capital allowances available for the van for the six months ended 31 July 2023? A £1,080 B £2,160 C £6,000 D £12,000
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Martin purchased a van for £12,000 during his six-month period of account to 31 July 2023.
What is the maximum amount of capital allowances available for the van for the six months ended 31 July 2023?
A £1,080 B £2,160 C £6,000 D £12,000
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- An employee obtained a loan of P100,000.00 at the rate of 6% compounded annually in order to build a house. How much must he pay monthly to amortize the loan within a period of 10 years?A friend of yours borrowed an amount of Php 70,000. Based on your conversation, She intends to pay it within one year and based on a monthly basis.The interest rate of the borrowed money is 24%, compounded quarterly. You were able to lend her the money on July 01, 2021, and she intends to pay the first Amortization at the end of August 2021.After paying for the 6 months, she intends to pay the remaining balance at the end of the 7th month. Solve for the following : 1.What is the Amortization Schedule for the loan amounting to 70,000 for a year. 2.What was the Effective rate of interest for the loan. 3.What is the amount that she intends to pay in the 7th month to pay for the debt.Being a senior citizen you decide to invest $200,000 say for period 24 months, then describe what is the value you would expect to recieve ? Deposit rate (recurring deposit) available for various periods is given below.
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