Draw the cash flow diagram in terms of Rael perspective. Show complete solution and formula used. Write it in a paper and show cash flow diagram.
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Rael borrowed P8,500 from Ella on Jan. 1, 2014 and P12,800 on Jan. 1, 2016. Rael made a partial payment of P6,000 on Jan. 1, 2017. It was agreed that the balance of the loan would be amortized by two payments one on Jan. 1, 2018 and the other on Jan. 1, 2019, the second being 46% larger than the first. If the interest rate is 8% compounded semi-annually, what is the amount of each payment? Draw the cash flow diagram in terms of Rael perspective. Show complete solution and formula used. Write it in a paper and show cash flow diagram.
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- On January 1, 2018, Kline Inc. borrowed P9,000 from Harvard Co., and on January 1, 2020, it borrowed P12,000. On January 1, 2021, Kline Inc. paid a P7,000 half payment. The loan balance would be amortized over two payments, one on January 1, 2022 and the other on January 1, 2023, with the second payment being 50 percent bigger than the first. What is the amount of each payment if the interest rate is 10%?With a bit of explanation please.Marissa borrowed $1,010 today and is to repay the loan in two equal payments, one in 3 months and the other in 14 months. Assuming an interest rate of 4% p.a. on the loan, determine the size of the equal payments if a focal date of "today" is used.Krista borrowed $17,838. The loan is to be repaid by three equal payments due in 83, 167, and 283 days from now respectively. Determine the size of the equal payments at an interest rate of 8% with a focal date of today.
- Sigma Bank granted a loan to a borrower in the amount of P 5,000,000 on January 1, 2021. The interest rate on the loan is 10% payable annually starting December 31, 2021. The loan matures in five years on December 31, 2025. Sigma Bank incurs P 39,400 of direct loan origination cost and P 10,000 of indirect loan origination cost. In addition, Sigma Bank charges the borrower an 8-point nonrefundable loan origination fee. PV of principal .5674; PV of interest 3.6048 Prepare an amortization table. 1. The carrying amount of the loan as of January 1, 2021 is A. P 4,639,400 B. P 5,000,000 C. P 4,649,400 D. P 5,039,400 2. The effective interest of the loan is A. 9.80 % B. 10% C. 12% D. 11.94% 3. What is the carrying amount of the loan as at December 31, 2021? A. P 5,000,000 B. P 4,696,128 C. P 4,759,663 D. P 4,639,400 3.The interest income to be recognized in 2021 A. P 493,861 B. P 500,000 C. P 555,138 D. P 556,728 4. What is the amount of discount amortization as at December 31, 2021?…When Robin borrowed $1346 she agreed to repay the loan in two equal payments, to be made 30 and 110 days from the day the money was borrowed. If interest is 6% on the loan, what is the size of equal payments if a focal date of today is used ?Otto Co. borrows money on April 30, 2019, by promising to make four payments of $13,000 each onNovember 1, 2019; May 1, 2020; November 1, 2020; and May 1, 2021. How much money is Otto able to borrow if the interest rate is 16%, compounded semiannually?
- Ms. R. would like to buy a mobile home. For this purpose, she takes out a loan on 01.01.2021 Amount of 80,000 euros. An annual interest rate of 4.5% is set in the loan agreement. a) Ms. R. agrees with the bank that the debt plus interest will be in nine equal amounts to be repaid at the end of each year. The first payment is to be made on December 31, 2022. 1. How much is the annuity to be paid at the end of each year from December 31, 2022?2. Enter the repayment schedule line for the 7th year after the debt was taken on.3. Ms. R. considers instead of the annuities, rather advance equal quarter payments in the years 2022, 2023, 2024 . . To achieve in 2030. How much is the quarterly payment? b) Ms. R. agrees with the bank that the debt plus interest will be paid annuities in each case To repay 15,000 euros at the end of a year. The first payment is scheduled for December 31, 2022 respectively. How many years does she have to pay full annuities?Megabank granted an 8% 3-year loan to Global Company on January 1, 2018. The interest on the loan is payable every December 31. Megabank incurred P148,122 of direct origination cost but an origination fee of P300,000 was charged against Global Company. The effective rate on the loan as a result of the origination fee and cost is now 9%. What is the amortized cost of the loan on December 31, 2019 in Megabank's accounting book ?B. MATATAG Bank loaned P5,000,000 to a borrower on January 1, 2019. The term of the loan require principal payments of P1,000,000 each year for 5 years plus interest at 8%. The first principal and interest payment is due on January 1, 2020. The borrower made the required payments during 2020 and 2021. However, during 2021 the borrower began to experience financial difficulties, requiring the bank to reassess the collectability of the loan. On December 31, 2021, the bank has determined that the remaining principal payment will be collected as originally scheduled but the collection of the interest is unlikely. The bank did not accrue the interest on December 31, 2021. Present value of 1 at 8% 0.926 For one period For two periods For three periods 0.857 0.794 1. What is the impairment loss for 2021? а. 423,000 b. 217,000 c. 222,000 d. 0 2. What is the interest income for 2022? a. 126,160 b. 142,640 c. 240,000 d. 0 3. What is the carrying amount of the loan receivable on December 31,…
- James lends Henry 500,000. He must repay the loan with 192 end of month payments with the nominal rate of interest being 4.8% convertible monthly. The first years payments are X, and each successive years payments are 10% greater than the year before. The origination date of the loan is January 1 2014. (a) Find the total interest paid. (b) Find the total interest paid for the month of January. (c) Find the proportion of interest paid for the month of January.Andy borrowed P9000 from Randy today and P12000 two years after and made a partial payment of P7000 one year after. It was agreed that the balance of the loan would be amortized by two payments on the 4th and 5th year from the start of transaction, the second being 50% larger than the first, if the interest rate is 12%, what is the amount of each payment?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