A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? P15,257.90 P33,500.39 P 28, 600.21 P36,548,19
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A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually?
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P15,257.90
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P33,500.39
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P 28, 600.21
-
P36,548,19
Find the amount of an ordinary
annuity of 20 semi-annual payments of P1, 000 if interest rate is 12% compounded semi-annually.-
P15,257.90
-
P33,567.21
-
P 38, 678.15
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P36,785.59
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- A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? A P15,257.90 B P33,500.39 C P 28, 600.21 D P36,548,19A loan of P100,000 made today (December 7, 2020) at 8.75% simple interest rate will be repaid on February 14, 2021. What amount should be paid by the borrower?A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? A P15,257.90 B P33,500.39 OP 28, 600.21 D P36,548,19
- What sum of money will be required will be required to discharge a loan of P7,800 on April 1.2020, if the loan is made on October 1, 2011 at a rate of 9% compounded quarterly?Compute the amount of interest on $8350 at 6.5% p.a. from October 8, 2019, to August 4, 2020. What rate of interest is paid if the interest on a loan of $12500 is $196.06 from November 14, 2019, to May 20, 2020? Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.5% p.a. and the focal date is 115 days from now? What principal will earn $355.99 interest at 9.75% p.a. from February 4, 2017, to July 6, 2017? Determine the face value of a four-month promissory note dated May 20, 2018, with interest at 7.5% p.a. if the maturity value of the note is $1190.03. A Company sells locks for $10 each. Manufacturing cost is $2.60 per lock; marketing costs are $2.40 per lock; and royalty payments are 20% of the selling price. The fixed cost of preparing the lock is $18 000. Capacity is 15,000 locks. Compute the contribution…7. What lump-sum amount of interest will be paid on a 10,000 loan that was made on August 1, 2012, and repaid on November 1, 2021, with ordinary simple interest at 10% per year.
- What amount should be paid on October 5, 2022, on a loan of P100,000 made on December 13, 2021 with 4.7% simple interest?1. Determine the exact and ordinary simple interest on P100,000.00 borrowed at 12% interest rate from July 2020 to April 2024.Determine the exact and ordinary simple interest on 100,000.00 borrowed at 12% interest rate from July 2020 to April 2024. Answers: Io = 47,000.00 ; Ie = ₱ 45,994.52
- A 5% loan note was issued on 1st April 2020 at its face value of £40 million. Direct costs of the issue were £2,000,000. The loan note will be redeemed on 31st March 2023 at a substantial premium. The effective interest rate applicable is 10% per annum. At what amount will the loan note appear in the statement of financial position as at 31st March 2022? A. £39,800 B. £41, 780 C. £39, 780 D £43, 780A loan of P95000 is borrowed for 240 days at a simple interest rate of 12.3 percent per year. What amount will be owed at the end of the 240-day period?A man owes P5,000.00 today and agrees to discharge the debt by equal payments at the beginning of each 3 months for 8 years, where these payments include all interest at 10% payable quarterly. Find the quarterly payment. O a. P423.26 O b. P123.26 O c. P323.26 O d. P223.26