A man bought an equipment costing P65,000 payable in 10 quarterly payments, each installment payable at the beginning of each period. The rate of interest is 24% compounded quarterly. What is the Outstanding principal at the beginning of the period 6. (Hint: Construct an amortization schedule.) a.Php 38,095.416 b.Php 37,095.416 c.Php 36,095.416 d.Php 35,095.416

Q: Aloan of $10.000 with iterest at 11% compounded senanualy is repaid in 10 years by equal payments…

A: Given: Required: The size of the periodic payments. Construct an amortization schedule for the…

Q: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: Present value is the present worth of any sum of money to be received in the future at a specified…

Q: Construct the amortization schedule for a $16,000.00 debt that is to be amortized in 12 equal…

A: Amount of Debt is $16,000 Interest rate per half year is 6%  Total number of semi annual payments…

Q: A man borrowed P12,000 and agreed to repay it with P4,650.70 interest. If the interest is 6%…

A: Borrowed amount (PV) = P12000 Interest amount = P4650.70 Future value (FV) = 12000+4650.70 =…

Q: A debt of $1908 with interest at 6.3% compounded annually is to be repaid by equal payments at the…

A: Solution:- When a loan is taken, it is to be repaid in lump sum or in installments. If it is paid in…

Q: me total paid, and the total interest paid. onths, com

A: Annuity: this is used in case of a future annuity – suppose an equal sum of money is invested in the…

Q: 3. Don Magellan borrowed today from Ginoong Lapulapu P300,000.00 and agreed to repay the loan with 4…

A: Loan amount (PV) = P300,000 Number of monthly payments (n) = 4 Interest rate = 12% Monthly interest…

Q: How much interest was earned by an investment that earns at a rate of 9% compounded semiannually for…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: Find the compound interest earned if PhP 30,860 is deposited in a bank at 2.8% compounded monthly…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: 8. A loan of $10,000 is repaid using the amortization method with payments at the end of each year…

A: Loan (PV)  = $ 10000 Interest rate (r) = 5% Number of annual payments (n) = 12

Q: The principal represents an amount of money deposited in a savings account subject to compound…

A: Data given: Principal: $6500Rate: 7%Compounded: quarterlyTime: 4 years

Q: A Php 106,908 was loaned at an interest rate of 0.109 9 annual payments has to be settled, the first…

A: In this we have to calculate the interest on the for two year and than calculate annual payment for…

Q: a. A bank must collect to a man from his debt a sum of ₱10,000.00 at the end of 8 years. The debt is…

A: Because you have posted multiple questions, we will answer the first question only, for the…

Q: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: So in the question asked, We will first list down the important details provided 1) Deposit Amount =…

Q: The principal represents an amount of money deposited in a savings account subject to compound…

A: Future value refers to the value of the current asset at some future date affected by interest…

Q: Mr. Andi bought a machine and agreed to a loan of Rp. 1,000,000.00 which can be paid in installments…

A: a) When the payment is made today for a loan of 1,000,000, the annuity amount to be paid can be…

Q: A. How much is the amount of the loan? B. How much is the payment on the first period? C. For the…

A: The amount of the loan is the stated loan amount. The interest component can be calculated by…

Q: 2. $6500 was borrowed at an interest rate of 12% compounded semi-annually. If the loan is to be paid…

A: Given: Rate of interest(r) =12%p.aRate semi-annually=6%Time (t) =5 yearsTotal No. of…

Q: Don Magellan borrowed today from Ginoong Lapulapu P300,000.00 and agreed to repay the  loan with 4…

A: Here, To Find: Equal monthly payments =?

Q: An individual borrows ₱150,000 from a bank at 10% annually compounded interest to be repaid in 6…

A: Loan can be amortized by repaying it in equal instalments. Each payment comprises of both interest…

Q: a. Complete an amortization schedule for a $46,000 loan to be repaid in equal installments at the…

A: We have to create an amortization schedule for the loan. But for that, we need to know the annual…

Q: Mr. Subito borrowed Php 4605 from a bank, which he will repay Php 5000 at the end of 10 months. In…

A: Given: Borrowed amount = Php 4,605 Future value = Php 5,000 Number of months = 10 months 6 months…

Q: A loan of $25,250.00 at 4.00% compounded semi-annually is to be repaid with payments at the end of…

A: Payment per period can be calculated using PMT function in excel.PMT(rate, nper, pv, [fv],…

Q: A debt of ₱10,000 with interest rate of 20% compounded semiannually is to be amortised by 5 equal…

A: Formula for present value :…

Q: an borrows Php 5000 with the agreement to pay the principal and all accumulated simple interest at…

A: In simple interest there is no interest on interest and interest on principal loan amount only so it…

Q: A certain property can be bought with payments of Php 80, 000 at the end of each month for the next…

A: We need to find the remaining liability just before the 10th payment. It's a time value of money…

Q: Find the compound interest earned if PhP 31,496 is deposited in a bank at 2.6% compounded monthly…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…

Q: A businessman borrowed P 50,000 today from bank with interest rate of 8% compounded quarterly…

A: The question is based on the concept of Financial Management. Annuity refers to the series of equal…

Q: A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside…

A: Amortization table:  An amortization table is a timetable that breaks down every monthly loan…

Q: A car loan of $46,700 is amortized over 8 years by equal end-of-month payments at 2.9% compounded…

A: Ans = 36019.15     =PMT((2.9%/12),8*12,-46700,0) = $ 545.65

Q: $2300 made at the end of each 6 months, construct a partial amortization schedule showing the last…

A:

Q: A business loan worth Php 1,000,000 is to be repaid quarterly in 2 years . The interest rate is 10%…

A: in this we have to find present value FACTOR and find quarterly payment and solve remaining part.

Q: Whenever the present value of the project is greater than the initial cash outlay then both the NPV…

A: Net present value is present value of cash inflows less present value of outflows. PI i.e.…

Q: 02: A $150000 real estate loan at 9% compounded monthly is repaid by monthly payments over 20 years.…

A: Amortization schedule refers to the statement showing the amount of payment made on each period…

Q: A loan should be repaid over 8 years with 32 quarterly payments of $362.19 at j4 = 8%. Under the…

A: A loan is an agreement between two parties where money is forwarded by one party in exchange for a…

Q: Calculate the amount obtained for the following loans a) RM 2,500 with interest 7.5% compounded…

A: FUTURE VALUE IS THE VALUE OF PRESENT AMOUNT COMPOUNDED TO FUTURE DATE formula: Fv =PV×1+RMM×N where,…

Q: y at the beginning of each month for Php 1,500.00. On the third year onwards, how much are you…

A: First year there was ordinary payment of Php 1000.00 If the payment of each month is - PHP 15000 for…

Q: A man owes P50,000.00 with interest at 9% payable semi-annually. What equal payments at the…

A: Semi-annual repayment is a payment made every six months to repay the debt amount with a certain…

Q: Don Magellan borrowed today from Ginoong Lapulapu P300,000.00 and agreed to repay the loan with 4…

A: Loans are any type pf financial credit facility in which a sum of money is lent by one party to…

Q: Don Magellan  borrowed today from Ginoong Magellan P300,000.00 and agreed to repay the  loan with 4…

A: Loan amortization is a technique in which the borrower repays the amount borrowed with principal and…

Q: man borrowed PhP 300,000 and agreed to pay his bligation by paying 8 equal annual payment of PhP…

A: Loans are paid by the annual payments that carry the payment of interest and payment of principal…

Q: loan of $37,100.00 at 6.00% compounded semi-annually is to be repaid with payments at the end of…

A: The objective of the question is to calculate the size of the periodic payment and the total…

Q: Find the quarterly payment.

A: Information Provided: Amount owed = 5000 Period = 8 years Interest rate = 10% payable quarterly

Q: pay $12,944.85. The total of the payments is $103,558.80 with a total interest payment of…

A: Given  Rate of Interest = 5.5% Loan Amount = $82,000 No. of Periods = 8