$5,000 3 5 6

Q: Find the equivalent present worth of the cash receipts in the accompanying diagram, where i = 8%…

A: Year Withdrawal/Annual deposits PV F @ 8% PV of withdrawal/deposits 0       1 600 0.9259 555.558…

Q: Your company borrowed $180,000, agreeing to pay the balance in 18 equal monthly installments at 8%…

A: Borrowing is defined as a liability of a firm which is used to finance the need of funds.…

Q: What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts…

A: Given: The interest rate is = 11% compounded quarterly The amount at 4th quarter is = $1,200 The…

Q: An interest rate is quoted as being 7.5% compounded quarterly. What is the effective annual interest…

A: The effective annual interest rate is the real interest rate on an investment or loan because it…

Q: John takes out a 50 000 mortgage on a home at 12 % % convertible semiannually. He pays off the…

A: The term mortgage refers to a loan used to purchase or maintain a home, land, or other types of real…

Q: P89,650 is placed in an account at 5.92% compounded daily for 7 years. How much is in the account at…

A: Given: Principal amount=P 89650 Interest rate compounded daily=5.92% Number of years=7 To find:…

Q: A man deposits P 1,000 at the end of each month for 3 years at a nominal rate of 12% compounded…

A: Given, Nominal rate of interest (r) = 12% compounded monthly   For finding the effective interest…

Q: With a $500,000 home mortgage loan with a 20-year term at 4% APR compounded semiannually compute the…

A: Given information i = 4% compounded semiannually = 4% /2 = 2% per semiannual period Effective int…

Q: A man agreed to pay the loan he is borrowing from a bank in six equal year- end payments of…

A: FV = PV(1+rn)nt where F is future value PV is present value r is interest rate  n is number of…

Q: What is the future worth of the following seriesof payments?(a) $9,000 at the end of each year for 6…

A: Hi! Thank you for the question but as per the guidelines, we only answer 3 subparts at a time.…

Q: A man borrowed P 1,000 which will be paid after 10 years at an interest rate of 12% compounded…

A: In order to solve the above problem we use the following formulas and logic:  1. We find the future…

Q: 1. Under your six-year savings plan, you deposit P1,000 now and P1,000 at the end of the fourth…

A: Investment It refers to a company's process of generating new capital or adding to its existing…

Q: You consider paying equal amounts of money into a bank account at regular intervals for 10 years. As…

A: a) we have $500 at the end of each month for 10 years i(12) = 12% So the monthly effective rate of…

Q: Troy Long wishes to deposit a single sum of money in a savings account so that five equal annual…

A: An annuity is a series of payment/cashflows that a paid/received at equal intervals. The formula for…

Q: A man borrowed an amount of P684.255 to bank that offers an interest rate of 8.816% compounded…

A: Given Principle amount P=684.255 rate of interest r=0.08816 compounded continously time n=9 years

Q: A building is priced at $255,000. If a buyer makes a down payment of $55,000 and a payment of $2,000…

A: here we calculate  how many months will it take for the buyer to completely pay for the building  by…

Q: A loan of $18,000 is to be financed over a period of 24 months. The agencyquotes a nominal interest…

A:

Q: Determine the current yield on a bond with a $200 annual interest repayment as well as a $1,550…

A: Bonds are a type of debt instrument that stand in for loans given to the issuer. Bonds are a…

Q: Consider a year has 360 days. Determine the effective rate at 18% interest compounded daily. a)…

A: When the compounding happens over a period of time, it affects the final return on the…

Q: ngineering Economics Determine the present worth of an annuity consisting of 6 payments of 120,000…

A: 6 annual Payments of 120,000 Interest rate = 15%

Q: If P1,000 becomes P1,126.49 after 4 years when invested at a certain nominal rate of interest…

A: Given Present value P=1000 Fature value FV=1126.49 Time =4 year  number of compounding period =2

Q: Suppose that, to cover some of your college expenses, you are obtaining a personal loan form your…

A: Given  Total amount of money paid after three year =20223 Interest rate =10% compound monthly.

Q: It is desired to have P100,000 two years from now by depositing P20,000 now and 10 uniform monthly…

A: Desired to have 100,000 two years from now by depositing 20,000 now and 10 uniform monthly amounts,…

Q: What is the difference between the sums of an annuity due and an ordinary annuity for the following…

A: In economics, present value refers to the current value of a future flow of cash flow. Future value…

Q: What is the effective interest rate per payment period for an interest rate of 8% compounded monthly…

A: * Interest rate = 8% * Effective interest rate per payment = ?

Q: You receive a loan from a bank on March 12, 2013 and you are required to pay P586,875 on August 16,…

A: Answer to the question is:

Q: Money borrowed today is to be paid in 11 equal payments at the beginning of each quarter. If the…

A: In the question above, it is given that : Amount = P 23469 Rate of Interest = 3% = 0.03 Time period…

Q: A man deposits P500 at the end of each year and expected to have an amount of P2,769.84 at the end…

A: (1 )Solution:  Uniform Series of compound interest  F = A(1+i)n-1  + … + A(1+i)3 + A(1+i)2 + A(1+i)…

Q: 1.What is the accumulated amount of an annuity paying P30,000 at the end of each year for 7 years…

A: We are authorized to answer one question at a time, since you have not mentioned which question you…

Q: A lender requires that monthly mortgage payments be no more than one-third of gross monthly income,…

A: Given- Order Purchase = $420,000 Make a down payment = 20%  so  $420,000 x 20/ 100 =  $84000…

Q: A gasoline engine is available on installment basis with a down payment of P 8,000.00 and P 1,000.00…

A: Particular Amount Down Payment 8000 Monthly Payment 1000 n 12 r 6% compound Monthly

Q: John loaned an amount of P10,000 for his business to be paid at the end of the year. How much will…

A: In the market, an individual can borrow money from financial institutions or any other individual at…

Q: Money borrowed today is to be paid in 5 equal payments at the end of each quarter. If the interest…

A: Given: The quarterly payment is = ₱ 21,293 The interest rate is = 3% compounded quarterly Money to…

Q: 2. Quarterly payments are to be made against a P50,500 loan at 795% compounded annually with a…

A: Answer in step 2.

Q: A debt of P 15,000 was paid for as follows: P 4,000 at the end of 3 months, P 5,000 at the end of 12…

A: * SOLUTION :-

Q: Determine the initial amount owed at the beginning of the year if you have to pay P563.83 after 10…

A: Simple interest amount formulaA=P1+R×T100Where, A=AmountP=PrincipalR=Rate of interestand T=Time in…

Q: Suppose that $100 is invested for five years at an interest rate of 8% per year, compounded…

A: D.  F = $100(F/P,8%,5) = $100(1.469) =$146.90 Option "D" is correct.

Q: Discount P211669 for 3 years and 9 months at 4% compounded quarterly. Round your answer to 2 decimal…

A: Given information, Present value (P): P211669 Time period (n): 3.75 (3 years 9 months) Interest…

Q: Assume you make monthly deposits of $3,000 now into an account that pays 12% per year, compounded…

A: It is given that the amount is compounded monthly. Thus, the interest rate per month i.e. 12 months…

Q: At 7% annual interest compounded monthly, how long will it take your P96529 to double? Round your…

A: Present value (PV) = 96529 Future value (FV) = 96529x2 = 193058 Annual interest rate compounding…

Q: (3) At what rate will $65.07 yield $8.75 in simple interest in 3 years 6 months? Ans. 3.84% (4) Find…

A: Solution is given below

Q: An investment of P2658 is made at the beginning of each month for 4 years and 11 months. How much…

A: Investment Monthly = 2658 n = 4 Years and 11 months i.e. 12*4 + 11 = 59 months. r = 5%/12 =

Q: You want to save an amount of P100,000 at the end of 10 years. You are given 8% interest compounded…

A:

Q: What equal monthly payments will repay an original loan of $10,000 in six months at a rate of 6%…

A: P= $10000 n=6 r=6%

Q: You obtain a loan 1.5 at the rate of 18% compounded annually in order to build a house. The payment…

A: Given: Loan (P)=1.5 Rate (r)=18% compounded annually

Q: You have borrowed $20,000 at an interest rate at 10% compounded annually. Equal payments will be…

A: Part-1Annual Instalment is computed by dividing the loan amount with  annuity PVF for 3 years at…

Q: The accumulated amount of 40,454.3Pesos is from a 5 year annuity account that requires to pay…

A: In economics, present value refers to the current value of a future stream of cash flow. Future…