2P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P180,000 due now if the interest rate is 18.48% compounded every 2 months
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[2P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions.
- What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P180,000 due now if the interest rate is 18.48% compounded every 2 months?
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- [2P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P180,000 due now if the interest rate is 18.48% compounded every 2 months? a. Kind of annuity: b. Computation:[5P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. An annuity of quarterly payments of P7,000 starts at the end of 4 years and end of 10 years. Find its present value if the interest rate is 8% compounded quarterly. a. Kind of annuity: b. Computation:[2P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete (Handwritten or typed, not excel) solutions. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P180,000 due now if the interest rate is 18.48% compounded every 2 months? a. Kind of annuity: b. Computation:
- [4P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. Find the amount and present value of an ordinary annuity of P5,400 payable quarterly for 7 years if the rate of interest is 8% compounded quarterly.A. Directions: Read the following annuity problem. Fill in the blanks in the statements that follow. A loan of P 30,000 is to be repaid monthly for 5 years that will start at the end of 4 years. If interest rate is 12% converted monthly, how much is the monthly payment? a) Type of annuity illustrated in the problem is a b) The total number of payments is c) The number of conversion periods in the period of deferred is d) The interest rate per period is annuity. e) The present value of the loan is[5P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. An annuity of quarterly payments of P7,000 starts at the end of 4 years and end of 10 years. Find its present value if the interest rate is 8% compounded quarterly.
- [3P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. Find the present value of 10 semi-annual payments of P3,000 each if the first payment is due at the end 3 ½ years and money is worth 12% compounded semi-annually. a. Kind of annuity: b. Computation:Simple Annuity Solve the following problems. Show a complete and detailed solution. What is asked? What are given? Formula to be used and a detailed solution. Write legibly and neatly. 1. What is the present worth of a P1000 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 15%? 2. Find the annual payment to extinguish a debt P15,000 payable for 6 years at 12% interest annually. 3. A factory operator bought a diesel generator set for P 20,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8.5% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? 4. A man paid 10% down payment of P200,000 for a house and lot and agreed to pay the 90% balance on monthly installment for 60 months at an interest rate of 10% compounded monthly. Compute the amount of the monthly payment. 5. What is the accumulated amount of…May I ask for an explanation and solution to the question for a better understanding. Thank you! 5. What is the future value of a 5-year ordinary annuity with annual payments of P200, evaluated at a 7.5% semi-annual interest rate? a. P1,161.68 b. P1,348.48 c. P3,828.34 d. P287.13
- [3P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. Find the present value of 10 semi-annual payments of P3,000 each if the first payment is due at the end 3 ½ years and money is worth 12% compounded semi-annually.Show Solution. Topic: Ordinary Simple Annuity 5. If P450,000 will purchase a 15-year annuity paying P8,750 per month, what rate of interest compounded monthly will the funds invested in the annuity earn?Help ill rate. With solution pls How much would your monthly payment be if you wish to pay the total amount due on a loan of P144,039 with an interest of 6% compounded monthly for 11 years?