2 ABC university tuition fees can be paid by on-time payment (pay total amount due when classes start at the cost of 90,000 pesos per year) or early-bird payment (pay total amount due 1 year in advance with a 10% discount. What is the amount of the savings compared to the on-time payment at the time that the on-time payment is made?

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: If money is worth 7.87% annually, what annual payment is required to raise P 16,730 after 2 years?

A: The formula for calculating the present value of sequence of equal payment is known as annuity .  It…

Q: Answer following as indic (Format: problem, then, solution 1. Brian borrowed from his friend, Mark,…

A: The cost of borrowing money is referred to as simple interest, and it does not take into account the…

Q: ABC university tuition fees can be paid by on-time payment (pay total amount due when classes start…

A: On-time payment: It refers to the exact time on which the payment is made as decided. This helps the…

Q: Paper currency is (a) Convertible (b) Partially convertible (c) Inconvertible (d) Both convertible…

A: # paper currency e is the most liquid form of money available in the financial market or the money…

Q: 42 years ago the maximum earnings of a worker subject to Social Security tax (SST) was $11,000. The…

A: The objective of the question is to calculate the compound annual growth rate (CAGR) of the maximum…

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: Suppose the yen is expected to appreciate by 4% against the pound in one year. If the nominal…

A: Currency appreciation is an increase in the value of one currency in relation to another currency.…

Q: If you paid $56 to a loan company for the use of $1,478 for 96 days, what annual rate of interest…

A:

Q: (a) Formulate the Savings Account Balance as a difference equation model. (b) Compute the…

A: A young couple looking to buy a property together currently have savings of $10,000 in a bank…

Q: owed P25,000 from a bank for a year through a promisory note= hen received only P21,915.00 after the…

A: Borrowed amount = 25,000 Amount received = 21,915 Legal fees charged by bank = 85 The total amount…

Q: We know two friends that have decided to work together in a start-up business in Ithaca; they want…

A: The profit which is based on the explicit cost is the accounting profit. The total revenue is…

Q: Suppose you start saving for retirement when you are 45 years old. You invest $6,000 the first year…

A: Future Worth (FW) is used to evaluate the value of an investment or cash flow at a specific point in…

Q: A 3-month $28,000 treasury bill with a simple annual discount rate of 0.27% was sold in 2016. Assume…

A: Treasury bill:Duration = 3 monthsFace value = $28,000Simple annual discount rate = 0.27%Year = 2016…

Q: 1. The repair costs for some handheld equipment is estimated to be $120 the first year, increasing…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: c and d please

A: Let's give it a try! I hope it provides some useful information. Part (c): Production Amounts and…

Q: Question 94 (a) Find the amount of money a company could afford to spend now instead of spending…

A: Compounding refers to the process of earning interest on the the principal amount as well as the…

Q: You are getting a loan to buy your first home. It is a $250,000 home with three bedrooms and two…

A: In the business cycle, a recession is a negative trend characterised by a decline in production and…

Q: Suppose that under the Plan of Repayment one should pay off the debt in a number of equal…

A: Loan repayment refers to the process of paying back borrowed money, typically with interest, over a…

Q: Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar…

A: The objective of the question is to calculate the present value of two different loans. The first…

Q: terest Rates minal rate eriodic rate fective annual rate mul needs a loan and is speaking to several…

A: In economic aspects, the nominal interest rate or nominal rate of interest is both of two different…

Q: A state lottery gives a winner the choice of receiving the winning amount in equal monthly payments…

A: Present Value Of Annuity: An annuity is a regular cash inflow that happens at the end of each period…

Q: Credit card borrowing can be reduced by which of the following policies? (A) increasing rewards on…

A: Credit cards are the instruments used for exchange. They are considered to be plastic money in…

Q: A certain property is being sold and the owner receives two bids. The first bidder offered to pay P…

A: The measure that depicts the current stream of income flows being discounted at a specified rate is…

Q: tion 7 nortization of a debt is in a form of a gradient series of P20,000 on the first year, P19,500…

A: Given that, Gradient series is for 4 years. PW of amortized debt = cashflow / (1× rate)time NPV is…

Q: What is the definition of Annual Percentage Rate (‘APR’) for a loan? Why is it typicallydifferent…

A: There are various methods to calculate interest rates and the amount of interest varies according to…

Q: Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar…

A: The objective of the question is to calculate the present value of two different loans. The present…

Q: My son's YouTube channel (ILYAD) is making around $1000 per year at the moment (assume payments at…

A: There are three kinds of ordinary annuity here. The ordinary annuity means the same annual amount of…

Q: Assume I won 8 million dollars in a lottery. I could take my winnings in installments of 2 million…

A: Assume I won 8 million dollars in a lottery. I could take my winnings in installments of 2 million…

Q: Liam borrowed money from a bank worth P15,000.00 on January 11, 2020. They agreed on a simple…

A: Given: The principal amount is = P15,000 The time period is from = January 11, 2020, to March 10,…

Q: Find the second-order partial derivatives. (a) f(x, y) = x2 + 4xy + y3 fxx = fyー fxy = (b) f(x, y) =…

A:

Q: Please show work

A: suppose, the deposit in the account will be $5,000. Additional deposit is $4,000. Interest rate is…

Q: Mr. Soriano is an OFW from United States of America and returned to Philippines for good last…

A: The money system utilized in a nation, particularly paper money, is defined as currency.The American…

Q: Uniform Payments You just graduated. Congrats. You need a car to get to your new job at Intel. Uncle…

A: Given  Present value or loan amount =$9000.Credit card rate =20% per year We know that 1 percent…

Q: An amount of 100,000 was borrowed and was to be repaid in 10 instalments at the end of every quarter…

A: "Since you have asked multiple questions ,we will solve first question for you.If you want any…