Find the future value at the end of the payment period . Payments of 1 000.00 Php each are made at the beginning of each year for 3 years with interest at 5 % compounded annually .
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Direction : Read , analyze , and solve the following worded problem involving
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Answer: The future value at the end of the payment period is 3 310.13 Php
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- Next Level Potter wishes to deposit a sum that at 12% interest, compounded semiannually, will permit 2 withdrawals: 40,000 at the end of 4 years and 50,000 at the end of 10 years. Analyze the problem to determine the required deposit, stating the procedure to follow and the tables to use in developing the solution.Answer the Situation below correctly show your complete solution.I already provided the answer I just need the SOLUTION.( Annuities ) Find the amount of an annuity of 4 000.00 Php every 3 months for 10 years if interest is 8 %, compounded annually . a . The type of annuity illustrated in the problem is ___________.b. The total number of payments is _______.c. The number of conversion period ______.d. The interest rate per period is __________.e. The present value of the loan is_________. Answers: a. General Annuity; b. 40; c. 1; d. 0.08; e. 4 000.00 PhpAnswer the following question correctly refer to the given problem below and show your Complete Solution (Given, Required, Equation, Solution, Answer). Mr. Quiton loans an amount of Php 30,000.00 which is to be paid monthly for 5 years that will start at the end of 4 years , if converted monthly at 12%, how much is the monthly payment ? 1. What is the type of annuity illustrated in the given problem? A. Simple Annuity B. General Annuity C. Deferred Annuity D. Complex Annuity 2. Compute for the interest rate per period. A. 0.01 B. 0.05 C. 0.10 D. 0.12 3. Determine the present value of the loan. A. Php 12,000.00 B. Php 30,000.00 C. Php 60,000.00 D. Php 75,000.00
- Answer the Situation below correctly show your complete solution.I already provided the answer I just need the SOLUTION.( Annuities )A loan of 30 000.00 Php is to be paid monthly for 5 years that will start at the end of 4 years . If converted monthly at 12 % , how much is the monthly payment ?a . The type of annuity illustrated in the problem is _________________.b. The total number of payments is ______.c . The number of conversion period in the period deferral is ___________________.d. The interest rate per period is _________.e . The present value of the loan is_______. Answers: a. Deferred Annuity; b. 60; c. 47; d. 0.01; e. 30 000.00 PhpAnswer the Situation below correctly show your complete solution. A loan of 30 000.00 Php is to be paid monthly for 5 years that will start at the end of 4 years . If converted monthly at 12 % , how much is the monthly payment ?a . The type of annuity illustrated in the problem is _________________.b. The total number of payments is ______.c . The number of conversion period in the period deferral is ___________________.d. The interest rate per period is _________.e . The present value of the loan is_______. (I just need the Solution) Answers: a. Deferred Annuity; b. 60; c. 47; d. 0.01; e. 30 000.00 PhpAnswer the Situation below correctly show your complete solution. A loan of 30 000.00 Php is to be paid monthly for 5 years that will start at the end of 4 years . If converted monthly at 12 % , how much is the monthly payment ?a . The type of annuity illustrated in the problem is _________________.b. The total number of payments is ______.c . The number of conversion period in the period deferral is ___________________.d. The interest rate per period is _________.e . The present value of the loan is_______.
- A loan of P 120,000 is to be repaid on installment every 6 months for 4 years. Find the size of the annuity payment, OP after 5th payment. The money is worth 20% compounded semiannually. Use the 2 methods. Answer of expert: "Since you have posted a question with multiple sub-parts, we will solve first three sub parts for you. To get remaining sub-part solved please repost the complete question and mention the sub-parts to be solved.".Identify the periodic payments. 1. Semi-annual payment of the loan 800,00 pesos for 5 years with an interest rate of 9% compounded annually. kindly give me the solution ( with formula and given) not through an excel computation. thanks!Problem 1: Read each problem carefully and answer each question to solve the problem. Find the period of deferral in each of the following deferral annuity problems (one way to find the period of deferral is to count the numnber of artificial payment (k). Make a diagram 1. Payment of P 3,000.00 every 3 months for 8 years that will start 6 years Time Diagram Answer
- Please provide your complete solutions to the given problems. You may use MS Excel for your solutions. 1. A loan is to be amortized for 4 years through equal payments of PhP48,532.49 at the end of every 6- month period. If the loan earns interest at 7% compounded semi-annually, create an amortization schedule and find: a. the present value of the loan b. the outstanding principal after 3 years c. the amount of principal already paid after 3 years (sum of the principal repayment column for the first 3 years) d. the total interest paid on this loan (sum of the interest column)Q. No. 02: Find the future value of the following annuities. The first payment in these annuities is made at the end of Year 1, so they are ordinary annuities. a) $300 per year for 10 years at 10% b) $100 per year for 5 years at 5% c) $300 per year for 5 years at 0% d) Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. Q.No. 03: Solve following time line, draw a clear diagram in your answer sheet. Assume opportunity cost of 12% 6 7 3 500 500 500 300 300 300 300 300 Q. No. 04: Discuss following terms with examples; a) Perpetuity b) Par Value c) Coupon Rate d) Zero-Coupon BondSolve for the following problems completely with solution. 4. Study the amortization schedule and fill in the blanks. A loan amounting to ₱100,000 is to be paid annually for 4 years with an interest rate of 10% per annum. The annual amortization is ₱31,547.08 of payment.