To furnish his new condominium unit, Jae borrowed Php 125 000 at 3% interest for 11 months. How much interest will she pay?

Q: Compare and Contrast" Give "5" similarities and "5" differences between Simple Interest and…

A: The differences between the simple and compound interest are: The formula for calculating simple…

Q: Differentiate the two most common methods use for depreciation.

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Q: You have Php 350,000 on hand. Which investment plan will yield the higher interest? A: 5% compounded…

A: Given principle amount is P=350000 Php. (A) Consider the rate of interest r=5% compounded monthly…

Q: PLEASE SHOW ALL WORK Interest Rate: 2% each year Starting Balance: $135 Time Passed: 11 years How…

A: Let us write the formula for simple interest... I=PRT

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: At age 32, you have assets of $277,590 and liabilities of $268,428. What is your net worth?

A: Given,           assets =$277,590 and liabilities = $ 268, 428

Q: You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in…

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Q: Final Shadow Value Price 2

A: The optimal solution is nothing but the feasible solution where the objective function attains it…

Q: The process of discounting and compounding are related. Explain this relationship.

A: The process of discounting and compounding are related to each other.

Q: Question 30 A company has the option to invest in two different accounts: a compounded interest…

A: From the given information, the annual interest rate is r=2%, time t=13 years and the compound…

Q: 0.041/0.008

A: By using calculator: 0.041/0.008=?

Q: calculate what $700 would grow to at 61/2% per compouned daily for 7 years

A: Given Principal amount=$700

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Q: How much is P1,200 worth at the end of 1 year if the interest rate of 5.5% is compounded quarterly?…

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Q: 4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

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Q: See attached image. I know this is using Pe^rt.

A: Continuous compounding is a concept in finance that refers to interest being earned and reinvested…

Q: What effective rate of interest per quarter year is equivalent to 12% per two years effective?

A: Given that The rate of interest is 12% per annum. Time is Quarterly Here we use the concept Let x be…

Q: A loan of $37,000 is made at 5.75% interest, compounded annually. After how many years will the…

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Q: An invoice dated August 28, 2016, for $3,942.00 with terms 6/10, 3/30. VWhat is the amount due if…

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Q: A clothing retail outlet purchased clothes in bulk from a wholesaler for $51,770. This was after a…

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Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 7% interest. How…

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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: Create a compound interest problem and show how to solve it

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Q: 3. a) Determine the simple interest earned for $600 invested at 3.75% annual simple interest for 95…

A: Simple interest = PRT/100

Q: What does Minimum of 12 credit hours per semester. Mean

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