5. In working problems involving interest, if the payment period of the interest is quarterly, then interest is paid times per year.

Q: 3. Find the present worth of perpetuity of P10,000 semi annually with an interest rate of 10%…

A:

Q: 1)  After working for 40 years, you decide to retire.  Suppose you set up your account as perpetuity…

A: NOTE:- AS POSTED MULTIPLE INDEPENDENT QUESTIONS. WE ARE ANSWERING ONLY FIRST QUESTION FOR YOU AS PER…

Q: a. Annual payments of 8,000 for 12 years that will start 7 years from now. b. Quarterly payments of…

A:

Q: 1. Suppose that you borrow $10,000 for four years at 8% toward the purchase of a car. Find the…

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Q: 2)A borrower is repaying a loan with payment of $3,000 at the end of every year over an unknown…

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Q: 2. Determine the present value of quarterly payments of $250 for 2.5 years at 2.4% per year…

A: Topic:- algebra  Note :- as per our guideline if more than one question uploaded than only first…

Q: The Keller’s discovered that they could reduce their mortgage interest rate from 10% to 4%. The…

A: To find principal and interest, From the given data, Total Amount =$277,000+$3,000=$280,000 Number…

Q: Suppose Joe places $4000 in an account that pays 8% interest compounded each year. Assume that no…

A: Here we are finding the amount after 1 year..

Q: 2. Determine the present value of quarterly payments of $250 for 2.5 years at 2.4% per year…

A: Find out the present value.

Q: The sale of a property provides for payments of $6,000 due at the beginning of every three months…

A: Quarterly payment =$6000 Quarterly rate =2.266917% The effective rate for 3 months 1+0.09123 Number…

Q: rm needs a computerized machine tool lathe which costs $58,000 and requires $12,800 in maintenance…

A: Given that your firm needs a computerized machine tool lathe which costs $58,000 and requires…

Q: a. Determine the periodic deposit. Round to the nearest dollar. b. Break down the financial goal…

A: Consider the provided question, (1) (a) Given: Rate(r) = 6% compounded annually Time(t) = 18 years…

Q: 3. What is the present equivalent of a uniform series of annual payments of 53,500 each for five…

A: topic - sum of geometric progression

Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $21,000 in 4…

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Q: If the interest rate on a 20-year mortgage is fixed at 10% and if a monthly payment of $1000 is the…

A: Let y0 is the initial value, R is the annual interest rate, b is the monthly payment and n is the…

Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 2 yr…

A: Sinking Funds, S=R1+in-1iwhere i is the interest rate for every payment periodR is the regular…

Q: If the price of attending Big Benefits University is $42,000 a year, including tuition, fees, books,…

A: Given the price of attending Big Benefits University is $42,000 a year, including tuition, fees,…

Q: Suppose we have a four year fixed-payment loan with $1000 payments made at the end of each year.…

A: $1000 payments made at the end of each year. Total amount at the end of 4 years is A=$1000*4=$4000.…

Q: 2. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P 18o,…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: 2. Mr. Layug had a 43,000-peso business loan that is to be paid in 8 months. If interest rate is 8%…

A: As per the guidelines we can solve 3 parts only

Q: 7. An investment account pays 3.9% interest compounded semi-annually. If $4,000 is invested in this…

A: We are given,Principal P = $4000Rate , r = 3.9% = 0.039Interest is compounded semi-annually then ,…

Q: Your firm needs a computerized machine tool lathe which costs $55,000 and requires $12,500 in…

A: Solution:   Kindly refer the following sheet for the solution.

Q: The semiannual tuition payment at a major university is expected to be $37,000 for the 4 years…

A: From the question, given that: R= payment at the end of period =$34000 i = period rate = 0.12=0.05…

Q: # 1 (Draw a time line to explain the statement) Payments of $1300 due today and $1800 due in 1_ 3 4…

A: as given in the question payment of $1300 due today and $1800 due in 134 years interest rate =2%…

Q: 5. The present value of a perpetuity that will pay out $10 K per year forever is $250 K. Assuming…

A: Given that Present value=$ 250 K    Per year pay-out=$ 10 KAs it is forever paid . it is…

Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $28,000 in 3…

A: Given data: The management of Gibraltar Brokerage Services anticipates a capital expenditure of…

Q: 7. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Note: We will answer the first question only as the exact one is not specified. Please resubmit the…

Q: he semiannual tuition payment at a major university is expected to be $35,000 for the 4 years…

A:

Q: Suppose that an annuity has a present value of P = 1 million dollars. What interest rate r would…

A:

Q: Suppose that the spot price of copper is $3.25 per pound, the continuously compounded lease rate for…

A: given spot price p=$3.25 lease rate for copper r1=4%=0.04 risk free rate r2=2%=0.02 claim (a)If you…

Q: 5. b) A debt of RM 7000 matures at the end of the second year and another of RM 8000 at the end of…

A: Given:  A debt of RM 7000 matures at the end of the second year another of RM 8000 at the end of six…

Q: A piece of property may be acquired by making an immediate payment of $25,000 and payments of…

A:

Q: 2. A man wants to make 14% nominal interest compounded semi-annually on a bond investment. How much…

A: There is no such introduction for the solution.I have explained it within the solution.Please go…

Q: At age 20, you start to work for a company and are offered two rather fanciful retirement options.…

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Q: 1. Ana must pay 10,000 to pay an obligation of 8,000 at 3% compounded monthly. When should the…

A: Given that,   1. Ana must pay 10,000 to pay an obligation of 8,000 at 3% compounded monthly. When…

Q: 1. The management of a corporation anticipates a capital expenditure of $500,000 in 5 year for the…

A: We will be using compound interest formula to find instalment needed.

Q: If a certain present value P is amortized into 10 equal payments, then the future worth F will…

A: I am going to solve the given problem by using some simple calculus to get the required result of…

Q: A company establishes a sinking fund to discharge a debt of $750,000 due in 8 years by making equal…

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Q: 18. Lupe Martinez will owe her retired mother $45,000 for a piece of land. Find the required…

A: 18. Here the principal amount is $45000Time is 4 yearsinterest rate is 10% which compounded…

Q: 4. What principal must be deposited in a 4.5% saving account compounded monthly in order to have a…

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Q: a. Annual payments of 8,000 for 12 years that will start 7 years from now. b. Quarterly payments of…

A: Given : (a) Annual payment of 8000 for 12 years that will start 7 years from now (b) Quartely…

Q: Find the present value of an annuity-immediate that lasts five years and pays $3,000 at the end of…

A: To find the present value of annuity - immediate that last five years. To find this, we first…

Q: 3. Find the present value of 10 semi-annual payments of P 3, 000 each if the first payment is due at…

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Q: How long does it take for a loan of $5000 to accumulate $1000 if interest is compounded…

A: Compound interest formula for an amount P which is deposited for t years at an interest rate of r%…

Q: 9. What equal uniform annual payment for nine years beginning two years from now would be equivalent…

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Q: Suppose that on January 1 you have a balance of ​$3500 on a credit card whose APR is 18​%, which you…

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Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 2…

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Q: 6) A manufacturing firm may decide to buy an adjacent property so that it can expand its warehouse.…

A: Seller will accept 240000 at present  Or 15% downpayment along with 5 annual payments at the rate of…

Q: Suppose that you drive 40,000 miles per year and gas averages $4 per gallon. a. What will you save…

A: Given that you drive 40,000 miles per year and gas averages $4 per gallon.

Q: A payment of $2,600 is due in 2 years and $3,100 is due in 4 years. These two original payments are…

A: A payment of $2600 is due in 2 years and $3,100 is due in 4 years. These two original payments are…