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- Dan buys a property for $280,000. He is offered a 25-year loan by the bank, at an interest rate of 8% per year. What is the annual loan payment Dan must make? OA. $36,722.08 OB. $31,476.07 OC. $26,230.06 O D. $41,968.1Bella deposits $6400 in a savings account at a bank that offers interest of 1.8% on such accounts. What is the value of the money in her savings account in two year's time? Select one: a. $6,630.4 b. $6,632.5 C. $8,911 O d. d. $6,505.2 <Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. A. 12.19 % B. 12.03 % C. 11.54 % D. 10.29 % Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. A. 12.19 % B. 12.03 % C. 11.54 % D. 10.29 %
- Diana Rene’s deposited an inheritance of 13,050 in a bank account and earned 435 in Simple bankers interest at a rate of 10.5% find the length of time the money was on depositDan buys a property for $290,000. He is offered a 20-year loan by the bank, at an interest rate of 6% per year. What is the annual loan payment Dan must make? A. $35,396.93 B. $30,340.22 C. $25,283.52 D. $40,453.631. Investment Luc invests $7000 in two bank accounts. One earns 1.5% simple interest per year, and the other earns 2.5% simple interest per year. After one year the total inter- est earned on these investments is $120.25. How much money did he invest in each account?
- Mr. Nailor invests $21,000 in a money market account at his local bank. He receives annual interest of 7% for 6 years. How much return will his investment earn during this time period? Use Appendix A. (Round "FV Factor" to 3 decimal places.) $10,521 $29,205 $31,521 $13,986Instructions: 1. Analyze the given scenario and choose what type of investment is best for Mr. Santos. Explain your answer. (include your analysis through computations) Scenario: Mr. Santos is a government employee, His time deposit account of P 500,000 with 4% interest p.a. maintained with BDO generates a monthly interest of P 1,334.00 (net of 20% withholding tax). He is not satisfied with the earnings that he was receiving. One day, he talked to a BDO financial adviser to seek advice on where to place his money with a higher interest rate. The financial adviser explained to him the following options: 1. Treasury-Bills -placement 30 days 6% one year 2. Bonds issued by San Miguel Corporation Face Value per bond P 100,000, 6% yield, quarterly coupon rate, term 10 years. 3. PLDT preferred 12 % Shares of stocks par value, P 100 per share with Market value P 150 per share. If you are Mr. Santos, what option are you going to choose?Allen purchased a home for RO 108,000. He put down 20% and obtained a mortgage for 20 years at 11% interest. What is the amount financed by Allen? a. 21,600 RO b. 11,800 RO c. 96,120 RO d. 86,400 RO
- 1. Mr. Sosa borrowed Php. 1,500,000 for the purchase of a car. If his monthly payment is Php.27,000 on a 5-year mortgage, find the total amount of interest. 2. A loan of 7 quarterly payments of Php.8,300 is to be made, to pay for a loan at 10% compounded quarterly. Find the value of the loan. 3. Marilyn owns 1,000 shares of a company at Php.840 per share. She also owns 10,000 shares of another company at Php.240 per share. In which company is the total value of her share greater? Explain. 4. On October 30, 2015. Tess bought 500 shares ACTS stock for Php.640 per share. On November 15, 2016, ACTS paid a Php.620 dividend per share, and on January 15, 2017, she sold the stock for Php.677.80 per share. Dis Tess gain or lose on the investment? How much money did she gain or lose in the investment?Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan is 8%Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan is 8%. Required: a. What is the margin in Dée’s account when she first purchases the stock? b. If the share price falls to $30 per share by the end of the year, what is the remaining margin in her account? c. If the maintenance margin requirement is 30%, will she receive a margin call? multiple choice Yes No Correct d. What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)Mr. Thomas invested an $13 900 divided in two different schemes A and B at the simple interest rate of 14% and 11% respectively. If the total amount of simple interest earned in 2 years be 3508, what was the amount invested in Scheme B?
