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

Q: Assuming a 360-day year, when a $11,918, 90-day, 10% interest-bearing note payable matures, total…

A: A note payable is a written promissory note. Under this agreement, a borrower borrows a specific…

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: Term of Investment Nominal (Annual) Rate (%) Interest Compounded Compounding Periods Rate per Period…

A: Compounding Periods = Term of Investment (in years) * 12 Rate per Period (%) = Nominal (Annual) Rate…

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: 4. Compute the effective annual interest rate in each of the following situations a. 5.75% nominal…

A: a. Convert 5.75% compounded quarterly to its equivalent interest rate for annual interval. Here, 'R'…

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: Assuming a 360 - day year, when a $14,000, 90 - day, 12% interest - bearing note payable matures,…

A: Notes payable are a promissory notes and a negotiable instruments. In this one party agrees to pay a…

Q: Am. 170.

A: The problem is asking us to find the future value of a debt of $8000 that is payable in 7 years and…

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: Which of the following has the most effective annual rate of interest? 12.15% compounded…

A: Effective Annual Rate of Interest: An effective annual interest rate is the true return on a savings…

Q: A debt of $1881 with interest at 9.34% compounded monthly is to be repaid by equal payments at the…

A: Given: Debt 1881 Interest rate 9.34% Years 5

Q: b d Payment and Time in years frequency (PMT) $252.92 at the beginning of the quarter $3,562.47 per…

A: Present value is a financial concept used to determine the current worth of future cash flows or…

Q: You deposit $137987 at 4.6% per year in a saving account. What is the interest at the end of one…

A: Under compound interest, the interest will be calculated on the interest earned and the deposit…

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

A: A loan is an agreement where one party receives an amount in exchange for paying it back later in…

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: 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: find the interest earned principle 8000 rate .06 compounded annually years 3

A: The formula to calculate accumulated value is given below:

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: 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: 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: Find the principal Rate: 7 and 1/2 Time: 150 days Interest:$500 The principal is ?

A: compound interest = Principal * [(1+r)^n - 1] Where,  r = rate of interest i.e. 7 and 1/2 or 7.5%  n…

Q: Find the amount due if $800 is borrowed for 18 months at 18% simple interest.

A: Amount borrowed (P) = $800 Period (n) = 18 months Interest rate (r) =0.18 Amount due = ?

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: What is the future value on December 31, Year 5, of a deposit of $10,000 made on January 1, Year 2,…

A: The future value (FV) is a financial concept that represents the value of a sum of money at a…

Q: Ex. Find the amount and compound interest when Rs. 18,000 is invested for 4 years at 7% p.a. rate of…

A: Invested amount = Rs. 18,000 Interest rate = 7% Period = 4 Years

Q: Compute the effective annual rate of interest for each of the following: a. 9.5% compounded semi-…

A: Using time value of money, the amount get computed based on interest rate and time fequency.

Q: Find the interest eaned on $10,000 invested for 4 years at 6% interest compounded as follows. a.…

A: Compound Interest: It refers to the interest earned on an investment or paid on loan and is…

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: periodic payment $260 made at end, payment period 1month, period of deferment 7years,terms 3years,…

A: Ordinary Annuity = P x [1-(1+r)-n][ (1+r)t-1x r ]

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: 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: Compute the nominal rate of intrrest at which $980 deposited at the end of eaach month quaretly for…

A: Nominal interest rate is the rate of return without considering the inflation rate or before…

Q: Future compounding time in Value r frequency years +A $ $25,000 7.9% annually 11 $ $250,000 3%…

A: Periodic deposits:Periodic deposits refer to the consistent and recurring contributions made at…

Q: 22 1/4% simple rate interest of 1,657,925 for 4 years, 8 months.

A: SIMPLE INTEREST FORMULA: SIMPLE INTEREST=P×R×T

Q: Find the compound interest on a $4,000 investment at 0.75% compounded daily for 14 days. | Click the…

A: Compound interest is the interest which gets add to the principal . it is also known as interest on…

Q: Solve by using compound table: (Round the "Total Amount" and "Total Interest" to the nearest cent.)…

A: Total Amount = P 1+rnnt where P = Principal r = Rate of Interest n = number of compounding per year…

Q: Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of…

A: Present value is the estimation of the current value of future cash value which is likely to be…

Q: John Smith has found a short-term investment opportunity. He can invest $6,000 at 0.5% interest for…

A: Question pertains to calculation of interest amount in case of daily compounding. Calculations are…