number 1 1. On October 31, 2019, Strongman Samson borrowed P100,000.00 from Pretty Delilah subject toan interest rate of 6% per year until full payment. If Samson is able to pay both the principaland the interest on March 10, 2020, how much should Samson prepare in order to satisfy hisagreement with Delilah?2. Contractor BTT submitted its Progress Billing No. 4 to the Project's Owner. Under the contract aswell as relevant applicable regulations, the Owner has 30 days within which to pay theContractor said Progress Billing. The Owner was able to pay the Contractor 14 Calendar Daysafter the deadline. Give at least two (2) rights of the Contractor given this situation. Explain fully.3. Don Magellan borrowed today from Ginoong Magellan P300,000.00 and agreed to repay theloan with 4 equal monthly amounts, the first payment to start 1 month from today. How much isthe value of the equal monthly payment? Construct an amortization schedule. Use interest rateat 12 % compounded monthly.4. Explain Fully the two kinds of Negotiable Instruments.When Pepe issues a Cheque to Pilar, and the check bounces, why is it that Pilar could file aCriminal Case against Pepe despite the Philippine Constitutional Provision which states, "Noperson shall be imprisoned for non-payment of debt"?

Given information: Loan amount or present value or principle value (P)= 100,000 The date when the…

On October 31, 2019, Strongman Samson borrowed P100,000.00 from Pretty Delilah subject to an interest rate of 6% per year until full payment. If Samson is able to pay both the principal and the interest on March 10, 2020, how much should Samson prepare in order to satisfy his agreement with Delilah?

On October 31, 2019, Strongman Samson borrowed P100,000.00 from Pretty Delilah subject to an interest rate of 6% per year until full payment. If Samson is able to pay both the principal and the interest on March 10, 2020, how much should Samson prepare in order to satisfy his agreement with Delilah?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

number 1

1. On October 31, 2019, Strongman Samson borrowed P100,000.00 from Pretty Delilah subject to
an interest rate of 6% per year until full payment. If Samson is able to pay both the principal
and the interest on March 10, 2020, how much should Samson prepare in order to satisfy his
agreement with Delilah?
2. Contractor BTT submitted its Progress Billing No. 4 to the Project's Owner. Under the contract as
well as relevant applicable regulations, the Owner has 30 days within which to pay the
Contractor said Progress Billing. The Owner was able to pay the Contractor 14 Calendar Days
after the deadline. Give at least two (2) rights of the Contractor given this situation. Explain fully.
3. Don Magellan borrowed today from Ginoong Magellan P300,000.00 and agreed to repay the
loan with 4 equal monthly amounts, the first payment to start 1 month from today. How much is
the value of the equal monthly payment? Construct an amortization schedule. Use interest rate
at 12 % compounded monthly.
4. Explain Fully the two kinds of Negotiable Instruments.
When Pepe issues a Cheque to Pilar, and the check bounces, why is it that Pilar could file a
Criminal Case against Pepe despite the Philippine Constitutional Provision which states, "No
person shall be imprisoned for non-payment of debt"?

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