A one million peso loan is to be paid annually at an interest rate of 8.00% pa compounded monthly. How much should the annual payments be if the first payment is made on the 3rd year and the last on the 10th year? Show the cash show diagram?
Q: a) What is the present worth ofequal payments of $25,000 made semi-annually (i.e., twice every year)…
A: Semi annual payment (P) = $25,000 Interest rate = 8% Semi annual interest rate (r) = 8%/2 = 4%
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A: Loan amount = P1,400,500 Interest rate = 518% = 418% = 5.125% Time period = 20
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A: Computation:
Q: A loan of P30,000 is to be repaid monthly for 5 years that will start at the end of 4 years. If…
A: Present value of deferred annutiy Present value of deferred annuity refers to the annuity which…
Q: Draw a Cash Flow Diagram for P10,535 being loaned out at an interest rate of 12% per year over a…
A: Simple Interest per annum = Principle * Rate * Time = P10,535 * 12% * 1 = 1264.2 Cash flow diagram…
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A: solution : a) interest rate =16% compounded annually 0 - 1 - 2 - 3 - 4…
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A: Future Value = Present value ( 1 + i )n
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A: Given information : Amount due in 5 years = Php 50,000 Amount due in 10 years = Php 50,000 Repayment…
Q: What would be r in this problem? A P100,000 loan is to be paid monthly for 2 years with an interest…
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Q: A firm is scheduled to receive payment of $32,000 in 2 years. What is the present value of this…
A: Present value of future cash flow can be calculated as follows: = Future Value/ (1 + rate)^number of…
Q: Suppose that you can pay 15,000,000 VND per month for the next 30 years. What is the largest loan…
A: The present value is the value of the sum received at time 0. It is the current value of the sum…
Q: f 10,000 is deposited in the bank annually with a 12% per year interest rate. how long will the…
A: Annual Deposit = 10,000 Interest Rate = 12% Future Value Required = 1,000,000
Q: If a one million peso loan is to be paid annually in 10 years at an interest rate of 8.0% pa…
A: Loan = 1,000,000 N = 10 Interest Rate = 8% Monthly Compounding Number of compounding periods = 12…
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A: The first payment is 200 TL. The payment decreased by 20 TL. The annual effective interest rate is…
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Q: What is the percent worth of PHP 1000 monthly deposit at 2% per month for one year if the payments…
A: Monthly payment (P) = Php 1000 Monthly interest rate (r) = 2% Number of monthly deposits (n) = 12
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A: The present value of money is the discounted value of future cash flows used to determine the…
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A: Present cost = Php 10,000 Down payment = Php 2000 Repayment after 15 years = Php. 20000
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A: In this we need to calculate the present value of all options.
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A: Monthly payment is the portion of the loan amount along with the interest that is paid every month.…
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Q: A payment of $13,735 is due in 1 year, $19,500 is due in 4 years, and $8,900 is due in 7 years. What…
A: Payment due in year 1 (P1) = $13735 P4 = $19500 P7 = $8900 Interest rate = 5.5% monthly compounded
Q: The present amount needed to generate an annual income of $50,000 for 20 years if the expected rate…
A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…
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A: Loan amount = Php 40000 Semi-annual rate R = 15%/2 = 7.5% Number of semi-annual period = 10 First 6…
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A: Information Provided: Demand loan = $8000 Payments after two years = $4000 Payments after four years…
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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?1. Let's assume that a loan of $100,000 with an annual interest rate of 6% over 30 years pays monthly payments of $500. a. Calculate the accumulation rate b. Calculate the payment rate . c. Answer : How will the balance of the principal be at the end of the loan in relation to the original amount of the loan? Less, equal or greater? Provide calculations.Suppose that one has a bank loan for P15,584.48, which is to be repaid in equal end-of-month installments for 9 years with a nominal interest rate of 0.114 compounded monthly. What is the amount of each payment?
- What is the present value of a cash payment of $1.2 that you will receive in 5.3 years if the interest rate is 6.5%? Round to 2 decimal places. Include dollar signs ($) and percents (%) as appropriate.What is the effective interest rate charged to a loan of P5,000 paid after 5 years amounting to P7,250? What is the nominal rate if it is compounded semi-annually? upload your solution with signature sifan ?A loan for P 50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?
- Suppose that you need an amount of money which equals to $10000000. It is possible to find it from bank A at an annual interest rate of 18% under 12 equal payment. If the first payment will be 1 month later the day you used the loan. Find the CF (Cash Flow), the equal payments and prepare the amortization table.Set up an amortization schedule for a Rs 100,000 loan to be repaid in equalinstallments at the end of each of the next 5 years. The interest rate is 10%compounded annually. b. What percentage of the payment represents interest and what percentage represent principal for each of the 5 years? Why do these percentages change over time?To pay off a 100 000 00 loan, it is required that 20 semiannual payments that increase by 500.00 be made. determine the amount of the first payment if it due six months after the loan is made and interest if 7% compounded semi annuanly. draw the cash flow tnx.
- You borrow a GPM of $120,000 with annual payments and 30-year term. The interest rate is 10%. The payment rises by 2% each year. please show how to solve using excel to answer a. b. and c. below a. What are the annual payments for years 1 to 30? b. What is remaining balance at the end of each year? c. What are the interest payment and principal payment for years 1 to 30?You borrow a GPM of $120,000 with annual payments and 30-year term. The interest rate is 10%. The payment rises by 2% each year. Questions: 1. What are the annual payments for years 1 to 30? 2. What is remaining balance at the end of each year? 3. What are the interest payment and principal payment for years 1 to 30?You will receive a cash payment of $7554 in 8 years. If the relevant interest rate is 15.34%, how much is it worth today? Round to 2 decimal places. Include dollar signs ($) and percents (%) as appropriate.
