H3. A loan of $18430 is to be repaid at 4% effective by payments of $1500 at the end of each year for as long as possible and an additional smaller payment X made one year after the last full payment. Calculate X.
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H3.
A loan of $18430 is to be repaid at 4% effective by payments of $1500 at the end of each year for as long as possible and an additional smaller payment X made one year after the last full payment.
Calculate X.
A 367.68
B 369.17
C 358.25
D 353.54
E 376.99
Please show proper step by step calculation
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- Prepare a duration table under the following assumptions a. $100,000 balloon loan b. Annual payments c.5-year balloon d. 20-year amortization e. 7% stated rate f. 9% yieldPrepare a duration table under the following assumptions a. $100,000 balloon loan b. Annual payments c. 5-year balloon d. 20-year amortization e. 7% stated rate f. 9% yieldFind the future value of this loan: $20,862 at 11.4% for 14 months. Group of answer choices A. $23636.65 B. $25657.00 C. $263536.51 D. $40,000.00
- a) What is the present value of the following payment series when the interest rate is 3% YR1 = $200YR2 = $100YR3 = $370YR4 = $370YR5 = $370YR6 = $-300 b) Convert the above payment series to a uniform payment series over 5 years, starting at year 1. c) Convert the payment series in question 6 to a uniform payment series over 3 years starting at year 3.A. Given the data in the table and the information below, please answer the following parts. Show all working and formulas used. Maturity (T) Spot Rate (%) r(1) r(2) r(3) r(4) r(5) r(6) 0.05 0.28 0.12 0.07 The forward råte for a 3-year loan beginning in 2 years is 0.08%. The forward rate for a 2-year loan starting in 3 years is -0.16%. 1) Please calculate the 3-year spot rate. 2) Please calculate the 2-year spot rate.Q1: If a loan of 12.5 million is made for a period of 33 days at a rate of 8,25% per annum, what is the total amount repayable at the end of the period? Assume 365/365 days in the year. 12,593,236.30 12,583,236.30 10,573,287.67 10,853,25.52 which one is correct please help.
- If the proceeds of a loan of P12,450 will be paid with P12,840 at the end of 1 year and 9 months. What is the simple interest discount rate? A. 1.75% В. 1.74% С. 1.73% Answer:a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit $? at the end of each month Rate 7.75% compounded monthly Time Financial Goal $1,250,000 50 years Click the icon to view some finance formulas. a. The periodic deposit is S (Do not round until the final answer. Then round up to the nearest dollar as needed.) b. S of the $1,250,000 comes from deposits and $ comes from interest. (Use the answer from part (a) to find these answers. Round to the nearest dollar as needed.) Enter your answer in each of the answer boxes. Type here to search 199+ DELL Esc F1 F2 F3 F4 F5 F6 F7 F8 F9 F1C 近Consider a loan of $8,000 charging interest at j12-6% with monthly payments of $321.50 Calculate the missing amounts in the amortization table. Place the value for A in the first answer box, B in the second and C in the third. PMT Interest Principall Balance 8,000.00 1321.50 40.00 281.50 7,718.50 2 321.50 A C
- uestion 1: Solve the following TVM problems using Excel formulas. You MUST use Excel formulas (FV or PV) to receive credit. ou can assume that all payments are made at the beginning of the period and use "1" for the "type" argument in the formula. A. Suppose you invest 11,400 today. What is the future value of the investment in 29 years, if interest at 7% is compounded annually? B. Suppose you invest $ 11,400 today. What is the future value of the investment in 29 years, if interest at 7% is compounded quarterly? C. Suppose you invest $ 570 monthly. What is the future value of the investment in 29 29 years, if interest at + 5% is compounded monthly? 5 6 7 8 19 20 21 22 23 24 25 26 27 28 29 Question 1 Question 2 + Ready Accessibility: Investigate MAR 17 A 国 W XProblem 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 AnswerProblem 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 number of artificial payment (k). Make a diagram 2. Payment of P 1,000.00 every other month for 2 years that will start after 3 years. Time Diagram Answer