1. Draw up an amortisation schedule for a loan of R4 000 for two years at 13% per annum compounded quarterly and repayable in eight quarterly payments.
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Q: Draw up an amortisation schedule for a loan of R4 000 for two years at 13% per annum compounded…
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1. Draw up an amortisation schedule for a loan of R4 000 for two years at 13% per annum compounded quarterly and repayable in eight quarterly payments.
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- Draw up an amortisation schedule for a loan of R4 000 for two years at 13% per annumcompounded quarterly and repayable in eight quarterly payments2. An amortized loan of P100,000 with an interest rate of 8% per annum will be paid quarterly for 1 ½ years. Determine the periodic payment.2. Find the semiannual payments to repay a debt of P100,000 in 5 equal payments with interest at 12% compounded semiannually, the first of these payments to start one year after the loan is made. Construct an amortization schedule.
- 1. A loan of P12, 500 is to be repaid with equal quarterly payments for one year with an interest of 6% compounded quarterly. Find the quarterly payment and construct an amortization schedule.In a loan by $5 000 000,00, with a rate of interest of 28 % a five years term, payable to the end of each month: a. Which the amount of the Payments monthly that shall be realized to the Finalize each month? b. Which the amount of amortization and interests for the five first months?1. A P15,000 loan at 12% compounded quarterly is to be amortized every 3 months for 1 ½ years. Find the quarterly payments and construct the amortization schedule.
- Directions: Solve the following problems. A loan of P40,000is to be amortized by equal payments at the end of each for 18 months. quarter I interest is 10% compounded quarterly, find the periodic payment and construct an amortization schedule.A loan is to be amortized by equal payments of P5,000 at the end of each six months for 10 years. If the interest is based on 7% compounded semiannually, find: a. the present value of the loan b. The outstanding principal just after the 8 th payment; and c. The remaining liability after 8 years.Find the semi-annual payment of a P15,000 debt to be amortized by 5 equal payments at the end of each 6 months at a rate of 15% compounded semi-annually. The first payment is to commence 3 years after.
- 5. Construct an amortization schedule for a four-year, RM10,000 loan at 6% interest compounded annually.A loan of 6 semi-annual payments of 4,500 Php are to be made to pay for a loan at 5 1/2 % compounded semi-annually. Find the value of the loan and constuct an amortization schedule.Find the payment necessary to amortize a 6% loan of $100,000 compounded annually, with 11 annual payments. The payment size is S