None Legacy Issues $325,000 of 5%, four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 andDecember 31. They are issued at $292,181 when the market rate is 8%3. Prepare a straight-line amortization table for the bonds' first two yearsNote: Round your intermediate and final answers to the nearest whole dollar.Semiannual Period-End01/01/202106/30/202112/31/202106/30/202212/31/2022UnamortizedDiscount+Carrying Value

Step 1:Discount on issue of bond = Face value - Issue price = $325,000 - $292,181=$32,819 Step 2:As…

Answered: Legacy Issues $325,000 of 5%, four-year…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Find the present value of $700 due in the future under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent. 9% nominal rate, semiannual compounding, discounted back 5 years. 9% nominal rate, quarterly compounding, discounted back 5 years. 9% nominal rate, monthly compounding, discounted back 1 year.
A6 7.Determine the nominal interest rate compounded quarterly if the effective interest rate is 9% per annum.
1. Determine the ordinary simple interest on a 5 years loan of $ 195703 at 13.05%. 2. Compute for the effective interest rate. Payment period = monthly Interest period = 3.89% compounded yearly 3. Compute for the effective interest rate. Payment period = monthly Interest period = 20.2% compounded semi-annual 4. Determine the exact simple interest on a 180-day loan of $ 4103.4 at 10%. 5. If you deposit $22115.09 into an account paying 5% annual interest compounded semi-annually, how much money will be in the account after 12 years? 6. Compute for the effective interest rate. Payment period = every 3 months Interest period = 18.78% compounded continuously 7. ₱10,000 is given at 5% per annum for one year and interest is compounded half yearly. Another ₱3,000 is given at 40% per annum compounded quarterly for 1 year. a. Interest earned from ₱10,000 deposited/invested is ₱ Blank 1 b. Interest earned from ₱3,000 deposited/invested is ₱ Blank 2 c. The total interest received is ₱ Blank 3…
In an ordinary annuity (uniform series of payments) if the nominal rate of interest is 8% compounded quarterly for 6 years. 1. Compute the value of the capital recovery factor. 2. Compute the value of the sinking fund factor. 3. Compute the value of the present worth factor.
Pls solve for the ordinary annuity of the following: Find the amount of payment to be Joe needs to make into a sinking fund every quarter to accumulate $62,000 after 6 years: Knowing that money earns 8 % compounded quarterly. Ans: $2,038.01 Find the amount of payment to be made into a sinking fund to accumulate $75,000 for 4 and half year: money earns 6% compounded semiannually. Ans: $7,382.54 What is the present value of an annuity of $2,000 per year, with the first cash flow received three years from today and the last one received 8 years from today? Use a discount rate of eight percent.Ans: $ 7,926.75
14. What is the nominal value of the interest compounded continuously for a period of 3years if the value of the uniform series present worth factor is 2.038?
A payment of $26,000 is due today. What three equal payments, one in 3 years, one in 4 years, and one in 7 years, would replace the original payment? Assume that money earns 5.75% compounded semi-annually.
Develop an amortization schedule for the loan described. (All answers should be entered in dollars. Round your answers to the nearest cent.) 1 years at 10% compounded semiannually 2 $70,000 for 2 Period Payment Interest Balance Reduction Unpaid Balance $70,000 1 3 $ 4 $ $0.00 %24 %24 %24 %24 %24 %24 %24 %24 %24
1.9 deposits increasing at a constant rate of 2.7% are made at the end of each year. The first deposit was 1349 and fund earns 5.1% compounded annually. What is the future value of the periodic constant growth payments? Answer to two decimals, do not use $ signs or commas
10. A man borrowed P180,000 from a lending firm for 6 years at 9% compounded quarterly. At the end of 6 years, it renews the loan for the amount due plus P80,000 more for 6 years at 4 % compounded monthly. Determine the value of money at the end of the extended period? Show the Cash Flow Diagram. State your reference period in the solution as reflected in the diagram. Note: Use only two decimal places for the final answer and four decimal places for the solutions. Answer the problem with the given Format: Given, Required, Solution, Answer. Thank you!
12. Compute the effective annual interest rate if the nominal rate is 12.7% compounded bi-monthly. 13. Compute for the effective quarter interest rate if nominal rate is 2.69% compounded semi-annual.
6. Elmo borrowed $25,000 from the Statler & Waldorf Bank at 12% APR, compounded monthly. The loan is to be repaid in equal monthly payments over a 5 year period. (No statements required for this question. Just find the numbers asked for.) What is the interest payment in the 25th period? Question 2 Part C: Provide the formulas for the calculation of the interest payment in one period, and the remaining balance after n periods (no subscripts or superscripts required). 7. Elmo borrowed $25,000 from the Statler & Waldorf Bank at 12% APR, compounded monthly. The loan is to be repaid in equal monthly. payments over a 5 year period. (No statements required for this question. Just find the numbers asked for.) What is the interest payment in the 25th period? Question 2 Part D: Provide the interest payment in the 25th period.

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