On January 1, 2023, Oriole Corp. lent $44,000 to its CEO, interest-free. The loan is repayable in full in five years. The market rate forsimilar loans (with similar credit risk) is 4%。Calculate the present value (fair value) of this loan.

On May 3, 2020, Leven Corporation negotiated a short-term loan of $660,000. The loan is due October 1, 2020, and carries a 5.40% interest rate. Use ordinary interest to calculate the interest

On January 1, 2020, Oceanic Bank made a P1,000,000 8% loan. The P80,000 interest is receivable at the end of each year, with the principal amount to be received at the end of five years. At the end of 2020, the first year's interest of P80,000 has not ye been received because the borrower is experiencing financial difficulties. The borrower negotiate a restructuring of the loan. The payment of all the interest for 5 years will be delayed until the end of the 5-year loan term. In addition, the amount of principal repayment will be dropped from P1,000,000 to P500,000. The PV of 1 at 8% for 4 periods is .735. No interest revenue has been recognized in 2020 in connection with the loan. What amount should be reported as interest income for 2021? *

On January 1, 2020, Oceanic Bank made a P1,000,000 8% loan. The P80,000 interest is receivable at the end of each year, with the principal amount to be received at the end of five years. At the end of 2020, the first year's interest of P80,000 has not ye been received because the borrower is experiencing financial difficulties. The borrower negotiate a restructuring of the loan. The payment of all the interest for 5 years will be delayed until the end of the 5-year loan term. In addition, the amount of principal repayment will be dropped from P1,000,000 to P500,000. The PV of 1 at 8% for 4 periods is .735. No interest revenue has been recognized in 2020 in connection with the loan. What amount should be reported as interest income for 2021? * a.80,000 b.52,920 c.48,960 d.0

. On April 30, 2022, Lenny Inc. borrowed $10 million cash from Colonial Bank and issued a 5-month, noninterest-bearing note, priced to yield an effective interest rate of 10%. The stated discount rate on this loan is:   A. More than the effective interest rate. B. Less than the effective interest rate. C. Equal to the effective interest rate. D. Unrelated to the effective interest rate

On December 31, 2019, Leni Company, a financing institution lent P10,000,000 to Digong Corp. due 3 years after. The loan is supported by an 10% note receivable. Based on the company’s initial estimates the present value of the 12 months expected credit loss (ECL) discounted at 9% is at 1,000,000. The probability of default (PD) is at 5%. Leni Company was able to collect interest as it became due at the end of 2020. There was no evidence of significant increase in credit risk by the end 2020 and that the receivable is determined to have “low credit risk”. There were no changes in its initial estimate of the 12 months expected credit loss either. By the end of 2021, Leni Company was able to collect interest as it became due. Based on available forward-looking information (determinable without undue cost or effort), however, there is an evidence that there was a significant increase in credit risk by the end of 2021. Leni Company therefore had to change its basis of calculation of the…

On May 3, 2020, Leven Corporation negotiated a short-term loan of $660,000. The loan is due October 1, 2020, and carries a 5.40% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? (Use Days in a year table.) Note: Do not round intermediate calculations. Round your answer to the nearest cent.

Fishing Designs has arranged to borrow $15,000 today at 11% interest. The loan is to be repaid with end-of-year payments of $3,000 at the end of years 1 through 4. At the end of year 5, the remainder will be paid. What is the year 5 payment? $

On May 3, 2020, Leven Corporation negotiated a short-term loan of $685,000. The loan is due October 1, 2020, and carries a 6.86% interest rate. Use ordinary interest to calculate the interest.) What is the total amount Leven would pay on the maturity date? (Use Days in a year table.) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Maturity value

On January 1, 2020, Flounder Furniture Ltd. borrowed $3 million (face value) from Aurora Inc., a major customer, through non–interest-bearing note due in 5 years. Because the note was non–interest-bearing, Flounder Furniture agreed to sell furniture to this customer at lower than market price. A 11% rate of interest is normally charged on this type of loan.Using (1) factor tables, (2) a financial calculator, or (3) Excel function PV, calculate the amount that the note would be recorded at on January 1, 2020. (Hint: Refer to Chapter 3 for tips on calculating.)    Please help within Excel