On December 1, 2018, elsa started his business with a borrowed capital amounting to P 40,000 at a monthly interest rate of 1%. During the month, he spent 5,000 for operating expenses. The remaining balance of the capital was used to buy inventories for resale. At the end of the year, inventory amounts to P 10,000 including the mark up of 60%. How much is the return on capital?
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On December 1, 2018, elsa started his business with a borrowed capital amounting to P 40,000 at a monthly interest rate of 1%. During the month, he spent 5,000 for operating expenses. The remaining balance of the capital was used to buy inventories for resale. At the end of the year, inventory amounts to P 10,000 including the mark up of 60%.
How much is the return on capital?
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- On December 1, 2018, Mario started his business with a borrowed capital amounting to P 40,000 at a monthly interest rate of 1%. During the month, he spent 5,000 for operating expenses. The remaining balance of the capital was used to buy inventories for resale. At the end of the year, inventory amounts to P 10,000 including the mark up of 60%. How much is the return on capital?On March 1, 2012, Jason's Deli loaned $12,000 to Mark Johnson for one year at 5 percent interest. Required:- Answer the following questions. a. What is Jason's interest income for 2012?Mr. Y invested $1,000 during the year 2009. After ten years, he sold the investment for $ 1,600 in 2019. Calculate the return on the investment if compounded yearly. A. 4.11% B. 4.21% C. 4.01% D. 4.81% A loan of P5,000 is made for a period of 15 months, at a simple inter rate of 15%, what future amount is due at the end of the loan period? A. 5,937.50 B. 5,873.20 C. 5,712.40 D. 5.690.12
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- To remodel your business, you need to sign a 190-day note with proceeds of $16,559.57 and a maturity value of $20,000. Find the APR.Dirk Ward borrowed $12,000.00 for investment purposes on May 19 on a demand note providing for a varlable rate of interest and payment of any accrued interest on December 31. He paid $900 on June 17, $100 on September 11, and $400 on November 24. How much is the accrued interest on December 31 if the rate of interest was 4% on May 19, 4 25% effective August 1, and 4.75% effective November 1? The accrued interest on December 31 is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)A friend of yours borrowed an amount of Php 70,000. Based on your conversation, She intends to pay it within one year and based on a monthly basis.The interest rate of the borrowed money is 24%, compounded quarterly. You were able to lend her the money on July 01, 2021, and she intends to pay the first Amortization at the end of August 2021.After paying for the 6 months, she intends to pay the remaining balance at the end of the 7th month. Solve for the following : 1.What is the Amortization Schedule for the loan amounting to 70,000 for a year. 2.What was the Effective rate of interest for the loan. 3.What is the amount that she intends to pay in the 7th month to pay for the debt.