Music producer, will receive royalties over a period of 3 years for the theme song she made for a TV program. The amount will be received at the end of each year as follows. Amount End of Year 1 R50 000 End of Year 2 R30 000 End of Year 3 R10 000 Find the present value (at the beginning of the first year) of all future royalties at a compound interest rate of 8% pa.

Music producer, will receive royalties over a period of 3 years for the theme song she made for a TV program. The amount will be received at the end of each year as follows. Amount End of Year 1 R50 000 End of Year 2 R30 000 End of Year 3 R10 000 Find the present value (at the beginning of the first year) of all future royalties at a compound interest rate of 8% pa.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

ChapterM: Time Value Of Money Module

Section: Chapter Questions

Problem 5RE: Next Level Potter wishes to deposit a sum that at 12% interest, compounded semiannually, will permit...

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please answer and i will upvote thankssss A. Determine the present worth of perpetual expenses that will sustain the replacement cost of P3,000,000 every 3 years to commence on the 10th year if money worth 10%. B. A debt by Ms. Johnson is to be paid annual uniformly increasing sum, the total of which is P 165,000. If the first and last payments are P10,000 and P20,000 respectively and money worth 2% per month compute a) the amount of debt b) uniform annual payment to liquidate the debt at 1% per month
Problem 6: Carmen Corporation uses the installment sales method. On January 1, 2020, The corporation sold an equipment for P2,000,000 with the following terms: 30% down payment on the date of sale and the balance is payable in four equal annual installments every December 31. The cost of the equipment is P1,200,000. Ignore the concept of time value of money. Requirement: Provide the journal entries for 2020 and 2021. Show all computations in good form.
In buying a farm worth P 1,500,000 cash, the purchaser pays P 500,000 cash and agrees to pay the balance including interest at x % compounded semi - annually, by a sequence of 8 equal semiannual payments of P 178,118.98, the first due at the end of 4 years. Find x.
Next Level Potter wishes to deposit a sum that at 12% interest, compounded semiannually, will permit 2 withdrawals: 40,000 at the end of 4 years and 50,000 at the end of 10 years. Analyze the problem to determine the required deposit, stating the procedure to follow and the tables to use in developing the solution.
A man borrowed K6,000 a 7% and agrees to pay back by making equal payments at end of every month for 4 years. (i) Find the periodic payment (ii) Prepare an amortization schedule
On January 1, Shadow Fork Ranch borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each December 31 of $37,258. What amount of interest expense will be included in the first annual payment? A. $17,258. B. $12,258. C. $20,000. D. $25,000.
Single-payment loan repaymentA person borrows $200 to be repaid in 8 years with 14% annually compounded interest. The loan may be repaid at the end of anyearlier year with no prepayment penalty. a.What amount will be due if the loan is repaid at the end of year 1? b.What is the repayment at the end of year 4? c.What amount is due at the end of the eighth year? Copyright | Prentice Hall | Principles of Managerial Finance | Edition 13 | swiningerdc@aol.com | Printed from www.Transtutors.com From: undefined Source:ISBN: 0132997169 | Title: Principles of Managerial Finance | Publisher: Prentice Hall
In buying a car worth P 1,500,000 cash, the purchaser pays P 500,000 cash and agrees to pay the balance including interest at 6.3 % compounded semi - annually, by a sequence of 8 equal semiannual payments of P 178,118.98, the first due at the end of x years. Find x. a. 4 b. 7 c. 3 d. 8
A MAN PURCHASED ON MONTHLY INSTALLMENT A P100,000.00 WORTH OF LAND. THE INTEREST RATE IS 12% NOMINAL AND PAYABLE IN 20 YEARS. WHAT IS THE MONTHLY AMORTIZATION? a.P1,128.12 b.P1,152.15 c.P1,121.01 d.P1,101.08
Determine the amount of the periodic payments needed To pay off the following purchases. Payments are made at the end of the period. Purchase of an equipment for P1,205. Monthly payments are to made for 1 year with interest at 24% per annum, compounded monthly. Purchase of a machine for P26,565. Quarterly payments are to be made for 4 years with interest at 8% per annum, compounded quarterly. Purchase of equipment for P65,500. Semi-annual payments are to be made for 10 years with interest at 10% per annum, compounded semi-annually.
On 1st July 2020 Bashir purchase a machine for RO 15,000. The terms of purchase was 20% cash and the balance to be paid in monthly instalments of RO 500. What amount of the loan will be disclosed under Long term liabilities in the balance sheet on 31 Dec 2020? a. RO 3,000 b. RO 5,000 c. RO 7,000 d. RO 6,000
Payment quantity: $800 Payment at the end of: 6 months For: 10 years Money invested at: 6% composed semi-anually Which of these is the present value? > $11,901.98 > $16,004.78 > $7,861.18 > $10,296.12