1. Find the discount interest if F = Php 50,000, d = 0.085 and t = 10 months.
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- Compute the simple interest INT for the specified length of time and the future value FV at the end of that time. Round all answers to the nearest cent. You borrow $78,000 for 10 months at 0.03% per month. X INT = $ FV = $Find the discount interest if F = PHP 58,000, discount interest rate 4.5% and t = 3 5/12 years.1. If you receive $176 each month for 12 months and the discount rate is 0.04, what is the future value? (show the process and can use financial calculator)
- 3. Find the discount interest on Php 20,000 for 210 days at a discount interest rate of 8 3/4%. What is the present value?Compute the simple interest INT for the specified length of time and the future value FV at the end of that time. Round all answers to the nearest cent. You borrow $12,000 for 6 months at 3% per year. INT= FV=Find the maturity value FV of the given loan amount. (Round your answer to the nearest cent.) $1,200 borrowed at 7 1/8 % for three years... Future Value= $ ____________ Thank you!
- 3. If you receive $98 each month for 12 months and the discount rate is 0.07, what is the present value? (show the process and can use financial calculator)Calculate the simple interest earned. Round to the nearest cent. P = $4700, r = 7%, t = 1 yearCalculate the simple interest earned. Round to the nearest cent. P = $9080, r = 5.25%, t = 4 months $
- . Find the present value of Php 20,000 due at the end of 6 months if the discount rate is 5%. What is the discount? 2. If Php 12,000 is due on December 31, 2020, find the present value on June 19, 2020, if the discount rate is 8%. 3. Find the simple discount rate which is equivalent to the simple interest rate 6% in accumulating or discounting money for 8 months.Find the present value and the true discount at 12% Simple Interest of GH¢1000 due in 5 months.1. Assume that $1,000 is to be received 30 years from today. Compare the present values obtained using 0.05 and ó.20 as rates of discount.