What Annual payments will replace a monthly payment of at the start of each period for an insurance of ₱1,000,000 to be paid in 5 years if the interest rate is 12% compounded monthly?
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What Annual payments will replace a monthly payment of at the start of each period for an insurance of ₱1,000,000 to be paid in 5 years if the interest rate is 12% compounded monthly?
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- If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the next eight years, how much will be accounted for as a current portion of a noncurrent note payable each year?What is the future value of an annuity with monthly deposits of ₱175 for 11 years at an interest rate of 7.32% compounded monthly? Deposits are made at the end of the month.What is the accumulated amount of a 8-year annuity paying ₱ 4,300at the end of each year, with interest at 4% compounded annually if payments are done every beginning of the month?
- What amount will be paid at the beginning of every month for 10 years if the present value is 200, 000 and the interest is paid at 6% monthly? Question: What type of Annuity is indicated in the problem above? Annuity dueOrdinary Annuity If money is borrowed today with an amount of P50,000.00 and subjected to a 9% compounded quarterly for 3 years. If it is to be paid every 3 months, what equal amount of money should be available for payment in pesos?What present sum would be needed to provide for annual end of year payments of 15 each, forever? Assume interest is 8%.
- Ordinary annuity If money is borrowed today with an amount of P50,000.00 and subjected to a 9% compounded quarterly for 3 years. If it is to be paid every 3 months, what equal amount of money should be available for payment in pesos? (Use the given formula in the image below)What must YOU invest today to receive an annuity of $4,500 for 10 years compounded at 8% quarterly when all withdrawals will be made at the end of each period?if you want to be paid from a 15 year ordinary annuity with a guaranteed rate of 4.277% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $10,000.00 over the 15 year period?
- what present sum would be needed to provide for annual end-of-year payments of 15each, forever? assume interest is 8%.If you want to be paid from a 11 year ordinary annuity with a guaranteed rate of 5.929% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $4,000.00 over the 11 year period? Principal = $What is the present value of an annuity of P150,000 payable at the end of each 6-month period for 2 yea if money is worth 8% compounded semiannually?