6. (EQUATION OF VALUES) What single payment at the end of 6 years would replace the following debts? A. Php29,000 due in 1 year without interest; B. Php690,000 due in 8 years at 14% compounded quarterly; Money is worth 8.5% effective (compounded semi-annually).
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- 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.3. If money is worth 10% compounded quarterly, which of the following obligations is more valuable? Use at the end of 9 years as comparison date. a. ₱ 300 000 due at the end of 9 years without interest; or b. ₱ 160 500 due at the end of 5 years with accumulated interest from today at the rate of 7% compounded semi-annually.A loan of $17,500.00 is repaid by making annual payments of $5,781.10 at the end of each year. If interest is 6.13% compounded annually. How many payments are required to amortize the loan? Round UP the answer to the next higher whole number (e.g. 5.12 must be entered as 6). Number of payments = whole number) PV=$ 2) (enter a 3) 4) Complete the amortization table below. Enter only POSITIVE VALUES IN THE AMORTIZATION TABLE (rounded to two decimal places). Total Payment number Payment amount Interest Paid Principal Repaid Balance 0) $17,500.00 1) FA tA I/Y= $ PMT=$ $ GA FA A SA FA GA P/Y=C/Y= GA FV=$ A GA GA EA $
- How much will be received in 6 years if Php35,000 is deposited in an account earning 5.5% interest per annum, compounded semi-annually? (A) P41,232.38 B P48,467.43 P41,186.89 D) P645,937.158.P6, 200.00 debts bear interest at 8% compounded annually. It is to be repaid in annual payments of P1, 000.00 each. a. How many payments must the debtor make? (8.9) b. How much will be the final payment if it is made one year the last P1, 000.00 payments. (P906.27)2. What is the term if the final amount is P7,321 and the principal is P2,500 at 15% compound interest rate compounded quarterly? 3. Find the compound interest of a $4,750 loan, 11% compound interest compounded monthly for 2.5 years. 4. What is the principal of a loan if the final amount is P250,000 at 8% compound interest, compounded semi-annually for 4 years?
- th 1. What single payment on the 6 year will settle debts of Php th 10,000due in 4 years, and Php 15,000 due in 8 years, if money is worth 8% compounded quarterly?2. If money is worth 9% compounded annually, which of the following obligations is more valuable? Use at the end of 3 years as comparison date. a. ₱ 75 000 due at the end of 2 years without interest; or b. ₱ 70 000 due at the end of 4 years with accumulated interest from today at the rate of 11% compounded semi-annually.Using the relation R= 1 - ( 1 + 1)-1), 1-(1+i)-n find the amortization schedule for a loan of GH¢4000 to be paid off in 2 years with quarterly payments. The interest on the loan is 7.5% annual interest compounded quarterly.
- 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.1. A debit of ₱50,000 with interest at 12% compounded monthly is to be amortized by equals monthly payments on one year, the first due at the end of one month. Find the monthly payment and construct an amortization schedule.2. A debt of ₱10,000 with interest rate of 20% compounded semiannually is to be amortised by 5 equal payments at the end of each 6 months, the first payment to be made after 3 years. Find the semiannual payments and contract an amortization schedule.