Mr. W borrowed P2, 000 from Mr. Y on June 1, 1928 and P500  one June 1, 1930. Mr. W paid P500 on June 1, 1931, P400  on June 1932 and P700 on June 1, 1933. If money is worth  5% compounded annually, what additional payment should Mr.  W pay on June 1, 1936 to discharge all remaining liability?

Q: iii) Someone borrows $ 45,000 at a rate of 20% per annum and after one year begins to pay annual…

A: Loan amount (PV) = $ 45,000 Annual interest rate (r) = 20% Number of annual payments (n) = 5

Q: An individual wants to deposit $112,100 into two investment accounts. One account pays 66% annual…

A: Note: Assuming, the question has repeated rate of return displayed, hence taking 6% and 15%, other…

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A: The future value of the retirement savings will depend upon the monthly savings, the monthly rate,…

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A: Present value is calculated by following formula:- P =  F ÷ (1+r)n Where, P = Present value F =…

Q: A house owner decided to renovate his property in 7 years where he will be paying  50,000 for the…

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

Q: Russel purchased a brand new car. He paid a P250,000 down payment and P16,500 payable every 17th day…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: homas deposited 300,000Php now, so that his 3 year old daughter will receive 6 equal amounts of ey…

A: The money grow with time and interest rate so if proper deposits are made at proper timing than this…

Q: A woman deposits an annual bonus into a savings account that pays 6% interest compounded monthly.…

A: Here the deposits are made annually while the interest is compounded monthly. Thus we first need to…

Q: Lenlen decided to buy her first car, Toyota Vios 2020 model with selling price of P681,000. She…

A: Here, Selling price of the car = P681,000 Down payment = P81,000 No. of years = 5 years Annual rate…

Q: Jose owes Pedro the sum of P 10,000 due on Dec.31,1978, and P 6,000. Due Dec.31,1980. However, with…

A: Liabilities: 10,000 due on Dec.31 1978 6,000 due on Dec.31 1980   Payments: 9000 on Dec.31 1979 X on…

Q: 8. A couple decided to invest P150,000 annually for only the first eight years of their marriage.…

A: Time value of money (TVM) is used to measure the value of money at different point of time in the…

Q: Suppose your first job pays you Php 300,000 annually. Answer the following questions assuming (a)…

A: Financial planning is required by everyone viz. an individual or a business organization. Financial…

Q: Gilbert got a loan of P100,000 from a local lending agency at 13% compounded annually. Their…

A: Here, Loan Amount is P100,000 Interest Rate is 13% Time Period is 5 years Each successive payment is…

Q: Just in preparation for his retirement, a man intended to invest today into a bank with an interest…

A: Annuity:  An annuity is the series of payments which is received or paid for a certain period of…

Q: Ted will receive a cash settlement of $195,000 in 9 months. A finance company has indicated that…

A: To determine how much Ted would receive now, we need to use the formula for simple…

Q: James bought a new hot tub today from Situation Hot Tubs. What is the present value of the cash…

A: Present value is calculated by following formula:-P =  F ÷ (1+r)nWhere,P = Present valueF = future…

Q: Mr. Pasia and his family celebrated his son's 21st birthday on July 7, 2025. He gave his son two…

A: Given in the question:Amount Invested = Two million PesosCompound Interest = 10%Compounded…

Q: Mr. Zigong wishes to know about the future values of the single cash flow deposited  today that will…

A: The value of a cash flow deposited today and to be received in the future can be calculated using…

Q: End of year Cash flow 1 3200 2000

A: Present Value is the discounted future value at a given discount rate. Present Value = Cash…

Q: Mr CJ needs a financial product to provide cash in the future: R10 000 at the end of the first year;…

A: Cash payment today is present value of future cash flow that is to be received in the future that is…

Q: Adrian pays P718822 cash and the balance in 43 quarterly payments of P29243 for a house and lot. If…

A: A mortgage is a covered loan taken out for the purchase or maintenance of a property. It is covered…

Q: 2. By the conditions of a will, the sum of P25000 is left to a girl to be held in trust by her…

A: A cash flow statement is a financial statement that summarize all cash inflows a company receives…

Q: Consider an inheritance that pays the beneficiary an annuity of $750 that begins immediately (an…

A: Annuity = a = $750Number of Payment = n = 20Interest Rate = r = 3%Annuity for year 14 = $0Payment…

Q: 5) You receive an email from a very polite person which states you are entitled to a $1 million…

A: Compound = Quarterly = 4Present Value = pv = $1 millionInterest Rate = rate = 4 / 4 = 1%Time = nper…

Q: Donald bought a new hot tub today from from Situation Hot Tubs in 3 years, and O $-3151.22(plus or…

A: Capital budgeting refers to the concept to estimate whether the project is acceptable or not by the…

Q: 20. On 12-31-20 J entered into an agreement allowing J to collect the following: Starting 12-31-21,…

A: Amount are not received at one time but are received in steps over the period but value of money…

Q: zack borrowed $30,000 at 9 % on July 23, 2020. He repaid $15,000 on October 21 and $10,000 on…

A:

Q: You can retire at age 62 and receive $8,000 per year or retire at age 65 and receive $10,000 per…

A: Choice 1: Annual receipt is $8,000. Discount rate is 2%. Maturity is (70 - 62) 8 years.   Choice 2:…

Q: onsider an inheritance that pays the beneficiary an annuity of $500 that begins immediately (an…

A: In annuity due there are payments at the beginning of period so there one period extra interest in…

Q: Adrian pays #848719 cash and the balance in 44 quarterly payments of $34211 for a house and lot. If…

A: Cash value of house will be cash payment plus present value of 44 quarterly payments.

Q: You plan to donate $2,500,000 to establish a fund to support the Feliciano School of Business at…

A: Present value can be defined as how much is the worth of the future sum of money at present provided…

Q: To be sure that you understand how to use the tables in Appendix A at the end of this book, solve…

A: Net present value: NPV is a technique used in capital budgeting to see the project is profitable for…

Q: Jose owes Pedro the sum of P 10,000 due on Dec.31,1978, and P 6,000. Due Dec.31,1980. However, with…

A: The formula to calculate amount when compounding interest is charged is  Amount = Principal ( 1 + r…

Q: John bought a car worth $ 100,000 if paid in cash. If paid on installment basis, he will pay $…

A: Cost of Car = 100,000Down Payment = 20,000Payment in year one = 30,000Payment in year 3 =…

Q: the simple  interest he got.

A: Interest: Interest is the income generated from investing an amount in a bank or any other financial…

Q: In 3 years, you will receive $4,000. One year after that, you will receive the first of 9 annual…

A: Future value refers to the value of a current asset at some future date. It is helpful for…

Q: Raymond just inherited $10000. How much should Raymond deposit in an account earning 6% interest per…

A: Present value is the estimation of future value today. The investor does so for the purpose of…

Q: Jose borrows P5000 from a lending company for 5 years at 15%. At the end of the 5ft year, he renews…

A: Given: Loan amount = P5000 Time period = 5 years  Interest rate = 15%  Renewal loan amount = P10,000…

Q: Zappy Inc. designs a new financial instrument that called the SafetyNet. This instrument gives the…

A: The fair market price can be calculated with the help of taking the difference between present value…

Q: Answer the following questions by including the appropriate cash flow diagrams, solution, and final…

A: The concept of the TVM states that between the same amount of money received now or at a later date,…