Pâmela is interested in buying a motorcycle, whose cash price is R$4,500. Pâmela intends to pay a down payment of R$600 and the remainder in 12 monthly installments. Calculate what will be the value of the installments if the rate is 4% per month.

Q: a perpetuity has a price of $750 and an annual interest payment of $35,

A:

Q: You have received a loan worth $ 380000.This money will be paid every two months with a nominal…

A: Since the interest rate has been given in per year terms, it will have to be converted into two…

Q: An annuity of P2,000 is to be paid in 4 years at the rate of 10% compounded continuously. What is…

A: Present Worth of an annuity formula PW =PMT1-1(1+r)nr where PW is the present worthPMT is a…

Q: Due to health reasons, Dave is considering early retirement. He currently has $700,000 in a self-…

A: The net present value considers the entire cash flows in future whether positive or negative over…

Q: Find the amount needed to be invested now to accumulate the following amount if the money is…

A:

Q: Please show work

A: According to the question, an investment of $2,000 has made for 20 years at 8% per year. The amount…

Q: An investor (owner) has an option to purchase a tract of land that will be worth $20,000 in ten…

A: Compound interest rate is one of the methods of calculating interest rate. It calculates the…

Q: Consider an EOY geometric sequence of cash flows in which the first payment made was P2,000. This is…

A: Given  First year-end payment of the geometric sequence (F1) = P2,000  Length of time interval (n)=5…

Q: Find the present value of $5,500 in 10 months at 9.5% interest

A: Present value helps to find the current worth of any asset or it is the value of expected stream of…

Q: Calculate the effective annual interest rate for 15% corresponding to each of the following: (d)…

A: Compounding is the act of accruing interest on both the initial principal and interest accumulated…

Q: At what annual rate of interest, compounded quartile will money double in (3+R) years?

A: We are going to set up the mathematical equation to answer this question.

Q: Sergio can afford a maximum of $1750 per month for mortgage payments. Given an annual interest rate…

A: Given information,  Maximum affordable cost = $1750 Interest rate = 4.95% Time = 15 years

Q: An account has a nominal interest rate of 12% (annually) and an effective interest rate of…

A: In this question, I determined the most likely compounding period for an account with a nominal…

Q: mechanical contractor has four employees whose combined salaries through the end of this year are…

A: Given, Amount- $250000 ROI-12% Time- 5 years

Q: Future Value of an Investment The newly opened Mario's Trattoria is expected to produce a continuous…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first question for you as…

Q: Suppose that $5000 is deposited in a saving account at the rate of 6% per year. Find the total…

A: Since we only answer up to 3 sub-parts, we will answer the first 3. Please resubmit the question…

Q: Find the effective interest rate per payment period for an interest rate of 8%compounded monthly for…

A: The effective rate of interest is the return on a savings account or an investment, whose interest…

Q: Suppose you were given a one time gift of $10,000 to put into a savings account. The account earns…

A: Compound interest is the rate of interest that is used to calculate the value added to a loan or a…

Q: 8% of the nominal interest rate; Calculate the 3-month effective interest rate for a) compounded…

A: Solution: Effective Interest Rate: It refers to the interest rate on loan or financial products…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Given Data, · Cost of money (Interest rate) = 14% = 14/100 = 0.14 · Type of compounding = quarterly…

Q: How much do you need to deposit today into an account that pays 3% per year so that you can make 10…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Find the Future value of an installment paying P5T now, P3T at the end of  year 1, P2T at the end of…

A: Instalment amount at present = P5T Instalment amount at end of 1st year = P3T Instalment amount at…

Q: In order to make CDs look more attractive than they really are, some banks advertise that their…

A: Simple vs Compound InterestWhen money is deposited into an account at a simple interest rate,…

Q: How many will it take money to be 3 times itself if invested at 12% compounded semi-annually

A: Let X is the amount deposit, how long will it take to be 3 times itself if invested at 12%…

Q: If $100 is invested at 6% interest per vear compounded annually then the futuire value of this…

A: The value of an asset at a future date is called future value. It is the present value multiplied by…

Q: A new oven wil save $150 per year in electricity expense How much can we afford to pay for this oven…

A: Here the $150  expense is saved by oven each year and oven life is 12 years . It is equivalent as…

Q: A certain business guarantees an earnings of 25,000 every month and a final addition earning of…

A: The final worth can be calculated by adding the amount of 85000 with the amount that is received…

Q: The profit that Johnny got from selling fish have increased at a constant  rate of P1100 in each of…

A: A cash-flow diagram is a tool used in finance to show the cash flows related to security, "project,"…

Q: What is the present value or price of a 10 year P20,000 annuity with an interest rate of 5%

A: Annuity is the series of Equal amount payment in equal interval . And it is not given that annuity…

Q: Carissa's parents were unable to pay for her last year of college, so she obtained a student loan of…

A: Compound interest is the interest forced on a loan or deposit amount. It is the most commonly…

Q: Maintenance costs for a particular production machine increase by $1,000/year over the 5-year life…

A: Given,   Rise in maintenance cost = $1000/year  Time = 5 year  Initial maintenance cost = $3,000…

Q: An engineer who is about to retire has accumulated $50,000 in a savings account that pays 6% per…

A: Lets note down the information given to us as follows:- P = 50,000 i = 6% n = 10

Q: r. John Do borrowed P 1,000 and was able to sign a promissory note that he would pay P 2,032.79…

A: When the effects of compounding over time are taken into account, an effective annual interest rate…

Q: Compound interest is a very powerful way to save for your retirement. Saving a little and giving it…

A: An annuity is defined as a series of payments which are of fixed amounts at fixed intervals.There…

Q: A company that manufactures air-operated drain valve assemblies currently has $85,000 available to…

A: Present value =$85000Number of periods =5Expenditure on the first year is $42000Let the company…

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: Future value of the investment can be defined as the accumulation of invested money at the given…

Q: Find the APY in each of the following cases:(a) 10% compounded annually.(b) 9% compounded…

A: Hello, thank you for the question. Since there are many subpart questions posted here, only the…

Q: Your company plans to buy a new vehicle, with a loan payment of $400 per month for 60 months. You…

A: Present value refers to the current value of the future cash flows given at specific interest rates.…

Q: What is the Present Worth of $2,000 costs in year one, increasing by $500 per year for years 2 thru…

A: Cost in year 1 = 2,000 Increase by 500 each year time period 6 Years

Q: Payments of $1000 and $7500 were originally scheduled to be paid five months ago and four months…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…