What is the interest of the amount barrowed by Mr. Carlo if he is paying Php 18,699 every three months atan interest of 4% compounded quarterly and he agreed to pay the loan in 4 years and 6 months? Round offthe answer to the nearest whole number.Php 29,951O Php 27,464Php 28,707Php 26,222

Interest: It is the amount charged on the loan taken by the lender to the borrower. The interest…

Answered: What is the interest of the amount…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Mr. Zheng purchased a residential flat in Hong Kong with a mortgage loan obtained from a local bank. The property was let to TJ Ltd. under the following terms: (1) Period of lease: (2) Rent free period: (3) Monthly rent: (4) Premium: (5) Rates & government rent: 1 April 2020 to 31 March 2022 (24 months) 1 April 2020 to 30 April 2020 (1 month) $22,000 $100,000 payable on 1 April 2020 Payable by the landlord Despite taking legal actions against a former tenant, the former tenant did not settle the outstanding rent of $75,000, being rent owed for the period from 1 November 2019 to 31 January 2020. The tenant was declared bankrupt on 30 April 2020. The assessor accepted that the outstanding tax was irrecoverable when the tenant declared bankrupt. On 1 June 2020, Mr. Zheng received outstanding rent of $30,000 from another former tenant. The total amount owed by this tenant was $60,000 and this amount was allowed as irrecoverable rent in the year of assessment 2015/16. During the year ended…
2. How much is the donor's tax In January 2018, Don Nor donated commercial land to his second cousin. The value in the tax declaration is P2million pesos while the zonal value is P1.7million pesos. 102,000 O 120,000 87,000 O 105,000
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A-2
An investor has a taxable income of $125997. He has an investment property which earns $21780 in rental income and incurs $35782 in expenses, including maintenance, local council rates, land tax and interest on a mortgage loan. What is his total income tax payable (excluding the 2% Medicare surcharge)? a. $23865 b. $26865 c. $24865 d. $27865
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An individual is a head of household. What is her standard deduction? a.$18,350 b.$24,800 c.$12,400 d.$18,650 e.None of these choices are correct.
Talbot purchases business machinery for a price of $100,000. Talbot pays the seller $20,000 in cash and finances the rest by giving the seller a note for $80,000. What is Talbot’s initial basis in this machinery?
Muriel Evan write the following note on the back of an envelope: "I, Murierl Evans, promis to pay Karen Marvins or bearer $100 on demand. " Is this a negottiable instrument? Discuss why or why not.
A man borrowed a sum of money from a lending Institution at a simple interest rate of 12%. Determine the present and future amount of the money borrowed from January 10, 2006 to October 15, 2006 if the accrued ordinary and exact Interests are ₱6,476.71 and ₱6,566.67, respectively.
X, resident citizen, had the following data for 2019: Gambling losses, P10,000; Long term capital gain on sale of cellphone, P20,000; Long term capital gain on sale of real property in the Philippines, P100,000Compensation income, P200,000; Cash dividend, P10,000; Cash donations received from his friend, P100,000Cash inheritance, P200,000. How much is the taxable net income of X subject to GTR? a. 210,000 b. 410,000 c. 310,000 d. None of the above e. 220,000
Alan Tyler s VISA balance is $1,004.66. He may pay it off in 12 equal end-of-month payments of $95 each. What interest rate is Alan paying?

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