A series of 12 annual payments of $7500 is equivalent to three equal payments at the end of years 6, 10 and 15 at 15% interest compounded annually. What is the amount of these three payments.

Q: 7 is invested at the end of each 6 months for 6 equal payments at 0.27 compounded semi - annually.…

A: Given information : Periodic investment  $  1,287.00 Interest rate 27% Total installments 6…

Q: Three equal payments were made one, two, and three years after the date on which a $11,350 loan was…

A: Loans are paid by equal payment and these payments carry the payment for interest and as well as…

Q: A debt can be repaid by payments of $3125.00 today, $2770.00 in two and half years and $4600.00 in…

A: To Find: Single Payment to settle debt four years from now

Q: Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of…

A: 1. Present value of annuity when payments are made at the end of year.PV = A * where,PV = Present…

Q: A money is compounded annually at the rate of 6%, find the present value of a sequence of 12…

A: Semiannual payment (C) = P300 Number of semiannual payment (n) = 12 Semiannual interest rate (r) =…

Q: in year 0 of a uniform series of payments of $1,000 in years 2 thru 5 and another series of $2,000…

A: When a future cash flow is expressed as an equivalent value at today's worthiness based on the time…

Q: What is the uniform series of payments equivalent to the following present values ​​a) $50,000. The…

A: Installment : It is a sum of money that is due as among one of the several equal payments for an…

Q: 14) A loan of $8000 is to be repaid with monthly payments for three years at 12% interest compounded…

A:

Q: If $300,000 is deposited at a rate of 12% compounded bimonthly, determine the compounded interest…

A: Note: It has been assumed that bi-monthly means something which has occurred once in two months.…

Q: At what effective rate, a single payment of $ 1,500.00 today is equivalent to two payments of $…

A: An annuity is a series of equivalent periodic cash flows that contain a fixed amount occurring at…

Q: a series of 12 annual payments of $2400 is equivalent to three equal payments, one each at the end…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: A sum of $80,000 is to be repaid over a 10-year period through equal installments made at the end of…

A: Interest, in finance and economics, is payment from a borrower or deposit-taking financial…

Q: At an annual effective interest rate of i, the following two payment streams have equal present…

A: Present value refers to the current value of a future sum of money or cash flow, discounted at a…

Q: What is the final amount of $2696 payable every three months for 5 years and 9 months, if money is…

A: Here, Quarterly Payment is P2696 Time Period is 5 years and 9 months Time Period in Quarters  (n)…

Q: A loan of ​$3137 borrowed today is to be repaid in three equal installments due in one-and-a-half…

A: Investment is an excellent way to build wealth over the long term. By investing in assets like…

Q: What sum deposited today at 5% compounded annually for 13 years will provide the same amount as…

A: A series of payment made at the end of each period with equal intervals of time is an ordinary…

Q: At the beginning of each quarter, P36,000 is deposited into savings account that pays 6% compounded…

A: Quarterly deposits (D) = P36,000 Interest rate = 6% Quarterly interest rate (r) =…

Q: What single payment at the end of year 5 is equivalent to an equal annual series of payments of…

A: future value of lumpsum payment : fv=A×1+rn Future value of annuity: FVA=A×1+rn-1r therefore, r =…

Q: Determine the nominal annual rate of interest of the following ordinary general annuity. Periodic…

A: When the benefits of compounding over time are taken into account, an effective annual interest rate…

Q: 0) (Annuity) Payments of $400 are to be made at the beginning of each quarter for 5 years orth 8%…

A: The future value of annuity is the amount accumulated over the time and amount of interest being…

Q: A 20-year annuity was purchased with $180,000 that had accumulated in an RRSP. The annuity provides…

A: Time Period = 20 Years Interest rate = 5% Present Value = $180,000

Q: Find the interest rate needed for the sinking fund to reach the required amount. Assume that the…

A: Compound = Quarterly = 4Future Value = fv = $19,654Time = nper = 4 * 4 = 16Payment = pmt =…

Q: 1. Mr. M. Rogue obtains a loan of P60,000.00 to be paid by equal periodic payment at the end of each…

A: The periodic payment is calculated by dividing the loan amount from the present value factor. It…

Q: Find the compound amount for the following deposit. $18,000 at 6% compounded semi-annually for 7…

A: Answer  Amount 18000 Year 7 Rate 6% Comounding Semi-Annualy

Q: a.) Present Value of all payments. (Answer: 108,138.03) b.) Equivalent semi-annual payments.…

A: Information Provided: Discount rate = 12.15% First year = 11,085 Second year = 23,819 Third year =…

Q: For each period, Precious will invest 1,600 at 6% for 16 years. Find the specified amount for each…

A: A series of the amount paid over a period is called annuity for which future value and present value…

Q: What is the annual payment on a 8-year, 8 percent, $52,000 note payable?

A: Definition:   Notes payable:  Notes Payable is a written promise to pay a certain amount on a future…

Q: A loan of $2766 borrowed today is to be repaid in three equal installments due in two years, three…

A: Borrowed amount = $2,766Interest rate = 7.7%Equal installments  due in 2 years, 3 years, and 6 years

Q: A series of equal semi-annual payments of $1,000 for 3 years is equivalent to what present amount at…

A: Given: Interest rate = 12% Semi-annual payments = $1000 Number of years = 3 Number of payments = 3*2…

Q: A loan of $5514 borrowed today is to be repaid in three equal installments due in one-and-a-half…

A: SOLUTION:- To compute for the size of the equal instalment , the formula is:   Loan Amount = [ C /…