The exact simple interest of P5000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?
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- Solve and Explain please.Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the present value of $6,453 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12%, isAt what interest rate will th given principal P earn the given simple interest lin the given term f? 11. P = P175, 000; = 6,500 1 = 5- years 12. P = P50, 000; | = P2, 0; t = 8 mos. 13. P = P180, 000; = P3, 500; 1 = 15 mos. 14. P = P320, 000; | = P7, 000; = 18 mos. 15. P = P2, 050, 00; = P5, 400; † = 2.8 years
- What is the rate of interest if P40000 earned interest of P1200 in 140 days? (A) 2% B) 7.82% (c) 7.71% D 2.14%Calculating Real Rates of Return IfTreasury bills are currently paying 4.7 percent and the inflation rate is 1.9 percent, what is the approximate real rate of interest? The exact real rate?what is the time zero or right now value of $400 ordinary perpetuity an interest rate of 7.5%
- For items 16-20 Suppose that Zab borrowed P50,000 from a cooperative on January 8, 2020 and paid the entire sum including interest on April 3 of the same year, and that the interest rate is 1.5%. 16. Determine the exact time for the computation of exact interest. 17. Determine the approximate time for the computation of ordinary interest. 18. Find the amount of interest earned, if it is computed using the exact simple interest. 19. Find the amount of interest earned, if it is computed using the ordinary simple interest. 20. Find the amount of interest earned, if it is computed using the banker's rule.1) If ₱22578 is borrowed for 9 months and ₱555 is paid, then the annual simple interest rate is _______%. Round your answer to 2 decimal places. 2) What is the amount due on July 8, 2022, if the present value on July 31, 2021 was ₱20052 at 5.7% simple interest? Round your answer to 2 decimal places.The following table is for the present value of $1 at compound interest. Year 1 2 3 4 5 6% Year 1 2 3 4 5 0.943 0.890 0.840 0.792 0.747 The following table is for the present value of an annuity of $1 at compound interest. 6% 0.943 1.833 2.673 10% 0.909 0.826 0.751 0.683 0.621 3.465 4.212 12% 0.893 0.797 0.712 0.636 0.567 10% 0.909 1.736 2.487 3.170 3.791 12% 0.893 1.690 2.402 3.037 3.605 Using these tables, what would be the present value of $15,000 (rounded to the nearest dollar) to be received 3 years from today, assuming an earnings rate of 6%?
- Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the present value of $57,000 (rounded to the nearest dollar) to be received 3 years from today, assuming an earnings rate of 6%, is a.$71,501 b.$152,361 c.$47,880 d.$57,000Following is a table for the present value of $1 at compound interest: Year 6% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 1 0.943 0.909 2 1.833 1.736 3 2.673 2.487 4 3.465 3.170 4.212 3.791 10% 12% 0.893 1.690 2.402 3.037 5 3.605 Using the tables provided, the present value of $15,007 (rounded to the nearest dollar) to be received 4 years from today, assuming an earnings rate of 10%, is Oa. $11,886 Ob. $47,572 Oc. $10,250 Od. $15,007a. If the present value of $153 is $139, what is the discount factor? (Round your answer to 4 decimal places.) Discount Factor 0.9084 b. If that $153 is received in year 5, what is the interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Interest rate %