Anthony invested Php55,000 in a bank that pays 3.75% simple interest. How much will be his money at the end of 3 years and 8 months, assuming he does not withdraw nor deposit during the term of investment?
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- QUESTION 14 You purchase a home priced at 1,750,000 Php. You paid 10% as the down payment and the remaining balance under a bank amortization plan to be paid in 8 years. At an effective quarterly interest rate of 1.5%, How much interest will you pay in the 2nd year Solve it early on white paper. Not in excelQUESTION 14 You purchase a home priced at 1,750,000 Php. You paid 10% as the down payment and the remaining balance under a bank amortization plan to be paid in 8 years. At an effective quarterly interest rate of 1.5%, How much interest will you pay in the 2nd year Solve on the white paper or typed. Not explain in the excel.which one is correct please confirm? Q1: "I invest GBP500,000 for one year in a deposit which pays interest of 6% compounded on a monthly basis. How much will I receive at the end of the year?" "530,838.91" "11,485,623.34" "11,489,856.02" "5,221,078,167"
- which one is correct please confirm? QUESTION 29 If you invest $10,000 in a 4-year certificate of deposit (CD) paying 10 percent interest compounded annually, determine how much the CD will be worth at the end of 4 years. a. $15,958 b. $45,730 c. $13,600 d. $14,640Question 11 Larry invested $12,000 at an interest rate of 10.18% for 4 years. If the amortization schedule needs to be constructed, what is the Payment to Principal for the fourth period? A $3,117.32 B) s2,813.29 $2,296.58 $3,449.27LUCAS BORROWED PHP 1,000 FROM WATER-ME-LOAN AAND PROMISES TO PAY THIS WITH LEVEL MONTHLY AMORTIZATION PAYMENTS FOR 10 MONTHS AT INTEREST RATE I PER MONTH YOU ARE GIVEN THE PARTIAL TABLE BELOW. t Pt B₂ 0 1 2 ४ন + t فی 4737.47 5 6 7 ४ q 10 1.000.00 249.36 F657.33
- QUESTION 1 If you set aside $1000 a year to be deposited into your saving which pays 5.5%, a) how much have you accumulated after 20 years? O a. $42,472.0 Ob. $34,000.00 Oc. $34,925.8 Od. $35,925.6Question 16 Larry invested $12,000 at an interest rate of 10.18% for 4 years. If the amortization schedule needs to be constructed, what is the Principal at the Beginning for the second period? A) $9,421.19 B 5,440.71 (c) s2,964.02 D) $3,800.41I. Simple Interest Solve the following Problem 1. A man borrowed P45,000 from a lending institution at 8.5% simple interest. Find the interest and amount if the obligation is to be settled in: a. 1.5 years b. 30 months c. 2 years and 9 months 2. At what rate should P75,000 be invested in order to earn P5,100 interest in: a. 2.5 years b. 3.25 years c. 180 days 3. How long should P100,000 be invested at 8% simple interest in order to earn: a. P12,000 b. P16,000 c. P32,000
- Question 13 Larry invested $12,000 at an interest rate of 10.18% for 4 years. If the amortization schedule needs to be constructed, what is the Total Interest Amount? A $3,552.14 B) s4,229.56 $4,078.15 $3,201.651. Joe agrees to make the ff. payments from the lending investor End-of-year 1 2 3 4 Payment 5000 6000 7000 8000 9000 5 Required: a. Determine the amount of money that he can loan from the lending investor. b. In case Joe opts to return the money plus interest in equal end-of-year payments, compute the annuities or the amount of annual payments needed to make. Use 12% interest rate.38 A man bought a lot worth P1.4M if paid in cash. On the installment basis, he paid a down payment of P200,000; P300,000 at the end of one year; P400,000 at the end of three years, and a final payment at the end of five years. What was the final payment if interest was 20.1%?
