The annual income from the mine is P100,000 and the life of the mine is 20 years. Find the price that an investor is willing to pay for the mine if he considers that money is worth 5% and if he is to accumulate a sinking fund at 6% in order to replace the capital he invested.
At what nominal rate compounded quarterly will payments of P800 quarterly for 5 years discharge all liabilities of a debtor who borrows P14,000 today?
A concrete mixer was bought for P30,000 six years ago. It will have a salvage value of P3,000 four years from now. It is sold now at P8,000. What is the sunk cost if the depreciation used is sinking fund method at 6%? Hint: sunk cost is the difference between the book value and the selling price.
You deposit 1,000 into a 9 percent account today. At the end of two years, you will deposit another 3,000. In five years, you plan a 4,000 purchase. How much is left in the account one year after the purchase?
Anybody can solve this?
Thank you.
Given the monthly payment for a land loan is 1110. The bank charge 6% interest compunded quarterly for 30 years. What is the price of the land?
*is the concept correct if I first convert 6% to the effective annual rate which it will be 6.14%. Then, dividing it by 12, with the period of 360 (30 x 12).So, the equation will be P=1110(P/A, 0.51%,360). ?
Juan plans to raise a new building of 1 million. He raise the building by issuing 10%, 20 yr bond that would pay one hundred fifty thousand interest per year an repay the amount of maturity he can least it for Php 140,000 per year. First payment being due one year from now. The building has an expected life of 20 yrs. ignoring effects on income tax, what is the difference between buying the building and leasing it?
You deposit \$1,000 into a 9% account today. At the end of two years, you will deposit another \$3,000. In five years, you plan a \$4,000 purchase. How much is left in the account one year after the purchase?
A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the interest earned in the principal of P725?
What is the interest earned in the principal of P362.50?
A man wishes his son to receive P200 000 ten years from now. What amount should he invest now if it will earn interest of 10% compounded annually during the first 5 years and 12% compounded quarterly during the next 5 years.
jones corporation borrowed P 9000 from Brown Corporation on Jan. 1, 1978 and P12000 on Jan.1,1980.Jones Corporation made a partial payment of P 7000 on Jan. 1, 1981. it was agreed that was the balance of the loan woild be amortizes by two payments one of Jan. 1, 1982 and the other on Jan.1, 1983. The second being 50% larger than the first. If the interest rate is 12%. What is the amount of each payment.
Forum posts (unless otherwise specified) licensed under a Creative Commons Licence.
Recent comments
is it not…