Mr. Rankine bought a piece of property for P 120,000 down payment and 10 deferred semi-annual payments of P1200 starting 3 years from now. If the interest rate is 12% compounded semi-annually, what is the present worth of the property?
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Mr. Rankine bought a piece of property for P 120,000 down payment and 10 deferred semi-annual payments of P1200 starting 3 years from now. If the interest rate is 12% compounded semi-annually, what is the present worth of the property?
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- Kindly answer the problem with complete solution so that I can understand. Write in handwritten clean and clear A house and lot can be acquired at a down payment of P120,000 and a payment of P12000 at the end of each year for a period of 10 years. If money is worth 14% compounded monthly, what is the cash price of the property?You can buy property today for $3.9 million and sell it in 5 years for $4.9 million. (you have no rental income on the property). 1. If the interest rate is 8% what is the present value of the sales price? 2. Is the property investment attractive to you? 3. What is the present value of the future cash flows if you are could earn $290000 per year rent on the property? The rent is paid at the end of each year. 4. Is the property investment attractive to you now?You can buy property today for $2.1 million and sell it in 6 years for $3.1 million. (You earn no rental income on the property.) a. If the interest rate is 11%, what is the present value of the sales price? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.) b. Is the property investment attractive to you? c-1. What is the present value of the future cash flows, if you also could earn $110,000 per year rent on the property? The rent is paid at the end of each year. (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.) c-2. Is the property investment attractive to you now?
- D4) Bob buys a property that costs $1,000,000. The property is projected to generate NOI as follows: Year NOI 1 $100,000 2 $105,000 3 $110,000 Bob will own the property for two years. Bob will sell the property at the end of year 2 at a cap rate that is 250 basis points lower than the cap rate at which he bought the property. What is Bob’s annualized IRR for the investment in question A. 26.21% B. 14.89% C. 30.47% D. 27.78%1.A person buys a piece of lot P300,000 downpayment and 8 deferred quarterly payments of P8,000 each, starting 3 years from now . What is the present value of the investment if the rate is 12% compounded quarterly? 2. Mr Dela Cruz is left with an inheritance from his father. He has an option to receive P2.5 M at the end of 10 years, however he wishes to receive the money at the end of each year for 6 years. If interest rate is 8% how much would he receive every year?You can buy property today for $3 million and sell it in 5 years for $4 million. (You earn no rental income on the property.) a. If the interest rate is 8%, what is the present value of the sales price? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.) b. What is the present value of the future cash flows, if you also could earn $200,000 per-year rent on the property? The rent is paid at the end of each year. (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.)
- You are interested in buying a house worth P1,200,000. You paid P250,000 as down payment. In order to pay for the remaining amount, you take out a loan from the bank at a 9% interest rate to be paid for 25 years. a.) How much of the principal has been paid after 10 years? b.) After 15 years, you decide to sell the house. How much should. The selling price be to cover the remaining balance of payments? c.) What is the total interest paid for the loaned amount?PROBLEM SITUATION: A man bought a condominium unit worth ₱3.9M a pay a down payment of ₱1.5M and agreed to pay the remaining balance as follows: ₱600,000 at the end of the 2nd year; ₱755,000 at the beginning of the 5th year; ₱850,000 at the end of the 6th year and an unknown payment at the end of the 10th year. Assume an 5% interest rate. QUESTION: What is the present worth of the second instalment payment? ₱563,392.62 ₱652,197.39 ₱621,140.37 ₱591,562.26Engr. Dimaamin bought a concrete mixer costing P2,000,000 with a down payment of P600,000. He paid P800,000 after 1 year, P1,000,000 after 3 years, and the remaining balance after 5 years. How much wast the payment after 5 years if the interest rate is 27% annually? P965,891.57 P931,314.50 P981,781.46 P901,671.02
- 1) USE THE AMORTIZATION TABLE TO ANSWER THIS QUESTION: Bob Jones bought a new log cabin for $ 325,000, at 8% interest for 30 years. He had to pay 20% down to obtain the loan. Required: From the amortization table: How much of the monthly payment is applied to interest in the first month? 2) USE THE AMORTIZATION TABLE TO ANSWER THIS QUESTION: Bob Jones bought a new log cabin for $ 325,000, at 8% interest for 30 years. He had to pay 20% down to obtain the loan. Required: From the amortization table: How much of the monthly payment is applied to principle in the second month?Using a financial calculator, You can buy property today for $2.1 million and sell it in 6 years for $3.1 million. (You earn no rental income on the property.) If the interest rate is 11%, what is the present value of the sales price?USE THE AMORTIZATION TABLE TO ANSWER THIS QUESTION: Bob Jones bought a new log cabin for $ 325,000, at 8% interest for 30 years. He had to pay 20% down to obtain the loan. Required: From the amortization table: What is the outstanding balance after the third payment?