Simple PV Interest Days Method Total Interest 4.88% 120 Ordinary $531.60 a. $10,893.44 O b. $33,134.22 O c. S32,680.33 O d. $523.09

Q: Farah borrows $1588 for 5 years at a simple-interest rate of 6%. Then the interest will be: $833.70…

A: in the given question we have to tell about the total intrest money given on$1588 at the simple…

Q: Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your…

A:

Q: Using the APR table, how much interest would be charged for a $10,000 loan at 12.5% for 3 years?…

A: Consider the given information. PV=$10000 r=12.5% t=3 years And, the values are defined as.

Q: A bank offers a CD that pays a simple interest rate of 8%. How much must you put in this CD now in…

A: The percentage is a ratio expressed as a fraction of 100. The percentage is denoted by the symbol %.…

Q: Simple PV Interest Days Method Total Interest $61,273.00 3.19% ? Ordinary $592.58 a. 109 days O b. 3…

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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: When calculating present value, the _____ the interest rate, the smaller the present value amount.

A: Answer When calculating present value, the _____ the interest rate, the smaller the present value…

Q: Consider a credit card with a balance of $6000 and an APR of 16.99%. In order to pay off the balance…

A: Consider a credit card with a balance of  and an APR of .The balance pay off in years.To find the…

Q: Suppose a sixsix​-year bond is purchased for ​$54005400. The face value of the bond when it matures…

A: To find the Annual Percentage Rate (APR) for the bond, we need to use the formula for calculating…

Q: Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your…

A: Given, Company Coupon Rate Market price TimeSince LastInterest AccruedInterest Commissionper…

Q: Simple PV Interest Days Method Total Interest $107,660.00 3.08% 180 Ordinary O a. $1,635.25 O b.…

A:

Q: Simple Accounting - Property Tax. Market Value Tax Policy $593,427.00 О а. $18,900.18 Ob. $6,611.28…

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Q: Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using…

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Q: 10) You have $1,000 to invest for retirement and you plan to add $500 every year to the account. You…

A: We will use the following notations P :  Principal amount , i  : rate of interest per year ,  n :…

Q: Find the present value of 20 quarterly payments of $3,000 each to be received over the next five…

A:

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: Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your…

A: Accrued Interest=PRT=1000×0.10525×85360=$25.85069

Q: Principal             890,000 Rate %                13.35 Time                    9 months…

A: Given: principle=890,000 Rate % =  13.35 time =9month t=912year rate=13.35100

Q: Zero Coupon Bonds. Gorham Corp. needs to raise fund and issues 47-year zero coupon bond. If the face…

A: Zero Coupon Bonds. Gorham Corp. needs to raise fund and issues 47-yearger coupon bond If the face…

Q: $63,217 6.79% interest 130 days

A:

Q: You want to buy a $28,000 car. The company is offering a 4% interest rate for 36 months (3 years).…

A: Solution is given below:

Q: Calculate the annual interest (in $) and current yield (as a %) of the bond. (Round your percentage…

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Q: Find the interest of P50,000.00 deposited in a bank that pays 5 ½ % in 165 days. (Hint: 1 year 360…

A: Solution

Q: Find the balance of an account that starts with $12,000 at a 4.8% annual interest rate after 7…

A: Given  Principal P= $12000 Rate of interest = 4.8% = 0.048 Time T = 7 years.  We have to find the…

Q: Find the new balance, assuming that the bank charges  1 1 21 1/2 percent   per month on the unpaid…

A: Given information:  Previous Balance: $300 Payment: $20 New Purchases: $80 To find:  a) Unpaid…

Q: If a person borrows $2900,00 and, after 9 months, pays off the loan in the amount of $3008.75, what…

A:

Q: Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your…

A: We have to calculate Calculate the accrued interest (in $) and the total proceeds (in $) of the bond…

Q: Simple PV Interest Days Method FV 17.65% 120 Exact $80,179.00 O a. $84,831.58 Ob. $75,723.91 Oc…

A: For the exact method of simple interest calculation, the number of days in a year is taken as 365.…

Q: Which term refers to the capital or the sum of money invested? Final Amount Interest Principal…

A: These terms are related to compound Interest. Compound Interest Compound interest is computed on…

Q: Use PMT = . Round to the nearest dollar. Suppose that you borrow $10,000 for four years at 7%…

A: To Find: The monthly payments and the total interest for the loan.