Principal 1,420, time 2 years, rate of compound interest 10% semiannually. Find the Periods, rate, total amount and total interest

Q: Principal Rate (%) Time Interest $50,000 8 3/4 3   6 months

A: In contrasts to a fee that the borrower may pay the lender or another party, interest is a payment…

Q: ordinary interest

A: Introduction: The calculation of simple interest generally involves two ways. One is ordinary…

Q: Find the proceeds of a $4999 57, 7-year note bearing interest at 2.5% compounded annually,…

A: Face value of note: $4999.57 Year of note: 7 Interest rate: 2.5% Discounted years: 4 Discounted…

Q: Explain how each of the following liabilities would be classified in the balance sheet:∙ A note…

A: Notes payable: Notes payable is the promissory note which has been issued by the company for their…

Q: Complete the following without using Table 12.1. Principal  $575, Time 1 year, Rate 4%, Compounded…

A: Calculation of period used: Answer: Number of periods compounded is 4. Given information: Principal…

Q: Find the amount due if $200 is borrowed for 4 months at 17% simple interest

A: Amount due refers to the net amount that needs to be either paid by the borrower to the lender or to…

Q: principal borrowed of $89,000, 12 annual payments a year, monthly payments are $1,100, 8.75%…

A: The time value of money refers to the concept in finance that evaluates the worth of money by…

Q: Principal $ 575 Time (years) 1 Rate of compound interest Compounded Periods 4 % Quarterly 4 Rate 1%…

A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: Find the proceeds of a ​$3691.41, 9.5 yer note bearing interest at 2.3% compounded quarterly…

A: Maturity value of note is calculated by future value formula. Future value = Present value of note…

Q: Find the principal if the interest earned is P1,800, the rate of interest is 9% and the term is 4…

A: The simple interest provides interest on the initial principal amount for the holding period of such…

Q: Principal: $17,100 Interest rate: 16% Compounded quarterly Calculate the effective rate (APY) of…

A: Principal =$17100 Interest rate =!6% compounded quarterly To calculate the effective rate of…

Q: Which of the following gives the smallest annual interest if 1 year is 365 days?     10.20% APR…

A: The EAR refers to the rate at which an investment earns interest after the effects of compounding…

Q: The debt is amortized by the periodic payment shown. Compute (a) the number of payments required to…

A: The objective of the question is to calculate the number of payments required to amortize the debt…

Q: a person borrowed $7,500 at 12% nominal interest compounded quarterly. What is the total amount to…

A: Answer Borrowing amount = $7,500 Interest rate = 12% Compounding Quarterly

Q: ques 3

A: Step 1: We apply the compound interest formula to get the total amount of money in each account…

Q: Principal Rate (%) Time Interest $85,000 2; years 4

A: The amount of interest is the amount that the borrower needs to pay on the principle amount as per…

Q: Complete the following without using Table12.1. Note: Round the "Total amount" and "Total interest"…

A: The question is based on the concept of Financial Management. Amount is the sum of the interest and…

Q: find the interest and the amount for $800 for 8 months at 4%

A: Note: It is not mentioned if the interests are compounded or simple interest, hence both the methods…

Q: Find the compound amount and interest on 5,500 at 4% compounded semi-annually for 8 years and 8…

A: Compound amount is calculated using the formula of future value . Future value = Present value *( 1+…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: In finance, the concept of time value states that money today has more purchasing power than the…

Q: Create Amortization schedule; 1. Principal amount 350,000, interest 7%, terms3 years, monthly…

A: For loans or debt obligations, amortization schedule is table which shows the arithmetical reduction…

Q: Coronado Company sells 8% bonds having a maturity value of $2,180,000 for $2,014,720. The bonds are…

A: Bonds are the debt securities that a corporation issues to raise money. The issue of bonds results…

Q: On Jan. 1, deposit $5000 that pays 8% nominal annual interest, compounded quarterly. Withdraw in 5…

A: Amount to be withdrawn = $5,000 x [A/P, 8%, 5]                                          = $5,000 x…

Q: Ahlam borrows AED 3,000,000 to be repaid over 6 years at 8 percent. What is the repayment of…

A: An annual mortgage payment is an annual payment that is to be paid for a specific period of time to…

Q: Complete the following without using Table 12.1. (Round the "Total amount" and "Total interest" to…

A: The future value represents the value of an investment or money at a future specified date assuming…

Q: With an interest of $24.31 and a principal of $3,500 for 100 days using the ordinary interest method…

A: The ordinary interest method, also known as simple interest, is a quick way to calculate the…

Q: The debt amortized by equal payments made at the end of each payment interval. Compute (a) the size…

A: Debt Amortization or loan amortization is the payment of amount taken along with the interest at a…

Q: est included, by equal pa at of each month for 3 years. If interest is ple monthly at the rate 5%…

A: in this we have to calculate present value FACTOR monthly and from that we get monthly payments.

Q: 7. .For each situation, determine i).the amount ii) the interest earned a) $ 15000 borrowed for 6…

A: Time value of money is one of useful technique used in finance. This says that amount invested today…

Q: (d) BB&T offers an account with 5.69 % interest compounded quarterly. APY = Number (e) Navy Federal…

A: APY or annual percentage yield is the actual rate of return earned on the investment

Q: For an interest-bearing promissory notes, compute the sale proceeds, when the issue amount is…

A: Notes are secured investment and the a kind of deposits in which interest is paid on expiration but…

Q: Атount per Payment at Number Interest Present Payment End of Each of Years Rate Compounded Value 7.…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Installment note payable amount borrowed PVIF from table Signed for Interest rate made 612,000…

A: According to the time value of money theory, money that is available now is worth more than the same…

Q: Amount of mortgage Annual interest rate Years in mortgage Monthly payment ​$86,000 6.00​% 25…

A: A borrower is required to pay the lender the interest and the original amount by paying regular…

Q: Principal: $16,100 Interest rate: 28% Compounded quarterly Calculate the effective rate (APY) of…

A: APY = [(1+ r/n)^n] - 1 where, r = 28% n =4   as interest is compounded quarterly

Q: The debt is amortized by the periodic payment shown. Compute (a) the number of payments required to…

A: The objective of this question is to calculate the number of payments required to amortize a debt…

Q: Given: princial $10,000, interest rate 8%, time 240 days (use ordinary interest). Partial payments:…

A: Step 1: Calculate the initial interest accrued before the first paymentPrincipal: $10,000Interest…

Q: Complete without using table: (Round the "Total Amount" and "Total Interest" to the nearest cent.)…

A: Compound Interest is method of computing interest where compounding is done. Compounding refers to…

Q: A debt of $6434is to be settled by two equal payments due in 1 month and 7 months respectively.…

A: Let equal payments be X: X*PVF(6%/12,1) + X*PVF(6%/12,7) = Total debt Hence, the Equal payments can…

Q: What rate of interest compounded annually is the same as the rate of interest of 6% compounded…

A: Concept . A = P (1+R)n  Where A = amount avaliable after compound interest. P = principal amount. R…

Q: What account would be debited (1), what account would be credit (2), and what amount would be paid…

A: Interest payment = Face value of bonds x bonds interest rate x 6/12 = $100,000 x 12% x 6/12 = $6,000…