1. Erika Joy borrowed P7,777.00 to be paid after 2.5 years with interest at 15%compounded semiannually and P5,000.00 to be paid after 3 yrs. at 12.5%compounded monthly. What single payment must she pay after 3.5 years at aninterest rate of 15% compounded semi-annualy to settle the two obligations?

Time value of money (TVM) refers to the method used to measure the amount of money at different…

Answered: 1. Erika Joy borrowed P7,777.00 to be…

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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A woman borrowed P3, 000, 000 to be paid after 1.5 years with interest at 12% compounded semiannually and P5, 000, 000 to be paid after 3 years at 12% compounded monthly. What single payment must she pay after 3.5 years at an interest rate of 16% compounded quarterly to settle the two obligations?
a woman borrowed P3,000 to be paid after 16 years with interest at 12% compounded semiannually and P5,000 to be paid after 3 years at 12% compounded monthly. What single payment must she pay after 3 years at an interest rate of 16% compounded quarterly to serile the two obligations?+compounded-semiannually-p5-000-paid-3-year-q44393777
A debtor borrows P7,900 and agrees to pay P9,359 for his debt 3 years & 4 months from now. At what rate compounded monthly is he paying the interest?
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Kate owes P120 000 due in 4 years plus the accumulated interest from today at 13% compounded quarterly. She agrees to pay it in installment: P30,000 after 2 years; P40,000 after 3 years the remaining balance at the end of 4 years 1.How much did Kate owe at the end of 4th year? 2.How much was her final payment? 3.lf the obligation was to be settled by equal periodic payments with first payment due at the beginning of the 3rd quarter of the 2nd year. Find the amount of the equal payments.
Mrs Angngad acquired a loan of P50000 from a credit union that charges interest of 16% compounded quarterly. She promised to settle her obligation by making quarterly payments for 3 years. Find her quarterly payment. A) Р5427.60 в) Р5400.61 c) P5327.61 D P5328.61
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Jeffrey received a $32,950 loan from a bank that was charging interest at 5.75% compounded semi-annually. a. How much does she need to pay at the end of every 6 months to settle the loan in 6 years? Round to the nearest cent b. What was the amount of interest charged on the loan over the 6-year period? Round to the nearest cent
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1. On January 1, 2008, Gabe borrowed P12,000 and agreed to repay it with P4,473.60 interest. If the interest is at 8% compounded quarterly, what amount must she repay and on what date?
4. Cassie paid P68 000 to a money lending company after one and a half years to fulfill her loan that costs P60 000. What is the interest rate compounded quarterly that is charged to the loan?
Joshua borrowed P250,000.00 with interest at the rate of 5% compounded semi-annually. He agrees to discharge his obligation by paving a series of 8 equal semi-annual payments, the first being due at the end of 5 1/2 years. Find the semi-annual payment. O a. P68,006.38 O b P63,006.38 О с. P63,060.38 O d. P63,600.38

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