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.
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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.
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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.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.An amortized loan of P100,000 with an interest rate of 8% per annum will be paid quarterly for 1 and 1/2 years. Determine the periodic payment. Then construct the amortization schedule.
- A loan of P500, 000 is to be amortized with quarterly payments for five years at the rate of 8% compounded quarterly. (a) Find the original quarterly payment.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.2. 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.
- Show your complete solution in a word file. A debt of P350,000 is to be amortized by 6 equal semi-annual payments with interest at 6% compounded semi-annually. Find the periodic payment and construct an amortization schedule.Find the semiannual payments to repay a debt of P100,000 in 6 equal payments with interest at 10% compounded semiannually, the first of these payments to start 2 years after the loan is made. Construct an amortization schedule.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. Semi-annual payments of P1, 350 each are used to repay a loan for 3 ½ years at 5% compounded semiannually. Find the amount of the loan and construct the first four rows of the amortization table. An obligation of P35, 000 is to be repaid with equal monthly payments for 6 months with an interest of 15% compounded monthly. Find the monthly payment and construct an amortization schedule. Mr. Santos will deposit P10, 000 at the ABC bank at the end of each quarter for 2 years. If the bank gives out 9% compounded quarterly, find the amount to his credit just after the last deposit? What monthly payment into a sinking fund at 8% compounded semi –annually will be needed to raise P50, 200 at the end of 2 years and 6 months?
- A loan of $10200 is to be amortized with quarterly payments over five years. The interest on the loan is 7.5% per year, paid on the unpaid balance. What is the payment to pay off the loan?A loan of P100,000 must be repaid by a uniform amount every year for 10 years at 10% interest per year. Determine the amount of periodic payments and construct the amortization schedule.A loan of P47,300 is to be amortized by equal payments each month for 6 months . If interest is 12% compounded monthly. Find the periodic payment.
