Discount #1897047 at 5.8% simple interest from March 21, 2021 to July 8, 2022. Round your answer to 2 decimal places.

Q: NOTE DATED APRIL 7, 2021 DUE IN 145 DAYS INTEREST RATE IS 7.5% FACE OF THE NOTE IS $12,000 CALCULATE…

A: Interest Amount = Principal Amount x Interest Rate  Maturity Value = Principal Amount + Interest

Q: Complete the following table for the simple discount notes. Use the ordinary interest method. (Round…

A: Maturity Value (MV) = $6000 Discount Rate ( r ) = 3.5% Time (n) = 160 days = 160/12 =…

Q: the final payment being on 1st of August 2024, total amount of the annuity is _ calculated on the…

A: Annuity is the fixed payment that an investor receives from an investment or fixed deposits made…

Q: Calculate the maturity value of a $1140, 7.75%, 120 days note dated February 19, 2021.

A: Note receivable refers to a negotiable instrument. It represents the claim amount due to the…

Q: A loan is offered with monthly payments and a 14.25 percent APR. What’s the loan’s effective annual…

A: Annual rate (r) = 0.1425 or 14.25% Number of compounding (n) = 12 EAR = ?

Q: At the end of 2020, the business has a notes payable with maturity value of TL18.000. The maturity…

A: Notes payable can be defined as the promissory note that is issued in behalf of the payment with the…

Q: Loan from Bank = $ 100000 on December 01, 2020 Interest rate per Annum = 10 % Loan period = 5…

A: In the given question, loan is taken on Dec 01, 2020 and entity closes its year on Dec 31, 2020.…

Q: Suppose that you purchase the t bill maturing on November 18 2023 for $9993.793. The T bill matures…

A: To calculate the T-bill asked discount yield, use the following formula:Discount Yield = In this…

Q: Loan amount = $ 10000 on November 01, 2020 for 5 years Interest rate @10 PA Entry on December 31,…

A: Lets discuss the basic. When loan is obtained from the other person then there is also a term of…

Q: g interest calculation

A: It is given that the amount 4992.

Q: Determine the exact simple interest on P22,443 for the period on Jan 15 to Dec 20 2024 at 5.27%.…

A: Given Information: Amount of loan (X) = P 22443 Duration = Jan 15, 2024 to Dec 20, 2024 = 340 days…

Q: Compute the discount if PhP 2000 is discounted for 6 months at 8% simple interest.

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

Q: 9. Find the amount due on December 5, 2019, if the present value on October 5, 2019 is P 50 000 at…

A: Simple interest can be computed as follows: Simple interest=Present value×interest rate×time in…

Q: Loan amount = $ 10000 on November 01, 2020 for 5 years Interest rate @10 PA Entry on December 31,…

A: Formula: Interest amount = Loan amount x Interest rate x Time period

Q: ind the interest on 40,000 at 3.5% interest rate from October 11, 2020 to March 21, 2021  1.…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first three subparts. Please resubmit…

Q: Find the interest on Php80,500 at 8% simple interest rate for 9½ years.

A: The principal amount is Php 80,500 Simple interest rate is 8% The time period is 9.5 years To Find:…

Q: Blue Devil Inc. sold goods to Black Mountain Corp. for $50,000 on March 1, 2020, accepting Black…

A: Interest: Interest is the amount of interest paid on the issue price of the notes by the issuer at…

Q: 9. Find the amount due on December 5, 2019, if the present value on October 5, 2019 is P 50 000 at…

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

Q: CALCULATE THE FORWARD PER ANUM premium OR DISCOUNT. The pound sterling is quoted against the dollar…

A: Given: Spot rate = $1.8000 Forward rate = $1.78 Pound sterling is quoted against the dollar spot…

Q: Vhat is the discou IS

A: The principal amount of a loan or the first deposit in a savings account is used to calculate simple…

Q: Complete this question by entering your answers in the tabs below. Req 1A Req 18 Reg 2A S S…

A: The concept of time value of money will be used here. As per this concept the worth of money changes…

Q: A table of notes receivable for 2024 follows: (Click the icon to view the table of notes receivable…

A: Note means an instrument acknowledging as debt due from one party to another party. Formula to be…

Q: The stated interest rate on your account is 12.5%, interest paid monthly. Your effective rate of…

A: Nominal interest rate is 12.5% paid monthly Compounding frequency "n" is 12  To Find: Effective…

Q: A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018…

A: The value of debt on Dec 1, 2018 is calculated as present value of debt.

Q: 4. Discount Note On December 31, 2020, your firm provided the services to the high-end clientele…

A: In case of multiple question 1st question is solved and incase of question with multiple subpart 1st…

Q: what is the future value of a single payment of $10,000 after 4 pay periods using an interest rage…

A: Future value is the value of an investment or cash flow at a specified time in the future, based on…

Q: Blossom Leasing Company agrees to lease equipment to Blue Corporation on January 1, 2020. The…

A: Lease is the contract between lessor and the lessee for use of assets which consists the conditions…

Q: Otto Co. borrows money on April 30, 2019, by promising to make four payments of $25,000 each on…

A: Time value of money is a financial concept which is used to analyze various investments and…

Q: 3. A 75-day note amounting to P150,000 with 18% interest per annum was issued on November 2, 2023 to…

A: Accrual Concept of Accounting :— According to this concept, expenses are recorded when expenses…

Q: Loan amount = $ 10000 on November 01, 2020 for 5 years Interest rate @10 PA Entry on December 31,…

A: Interest is calculated based on the loan amount, interest rate, and time duration.

Q: Find the difference between simple interest and compound interest on a savings deposit of $70,000 at…

A: Lets understand the basics. Simple interest is a interest calculated on one single amount. In other…

Q: What is the maturity value of a 45-day note for $1,250 that is dated for May 23 and with interest at…

A: solution we are required to calculate the maturity value of 45 day note for $1250 interest rate…

Q: 4. If Php 35,000 is due on December 16, 2018, find the proceeds on April 20, 2018, if the discount…

A: Discount rate The discount rate in a discounted cash flow  analysis is the interest rate used to…

Q: What is the exact simple interest earned on P 35, 000 for the period from April 3, 2020 to October…

A: Principal amount (P) = P35000 Period from April 3,2020 to October 14,2020 (d) = 163 days Interest…

Q: Determine the value of the single payment on November 8, 2023 that is economically equivalent to a…

A: Payment on 3/4/23 = $10,670Payment on 6/9/23 = $9,970Payment on 31/3/24 = $8,250For the Payment made…

Q: A debt of $4374.96 is due November 1, 2020. What is the value of the obligation on November 1, 2016,…

A: To find the present value of the debt, we need to use the formula for the present value of a future…

Q: Give typing answer with explanation and conclusion Yourroommate let you borrow $161 to buy the PS5…

A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…

Q: An investor invests the following amounts of money in banks account R18850 on 1 September…

A: The concept of the time value of money states that the same amount of money is worth more today than…