Answered step by step
Verified Expert Solution
Question
1 Approved Answer
11. What is the present value of P12,500 to 16. Find the amount due at the end of 5 be received 10 years from today?
11. What is the present value of P12,500 to 16. Find the amount due at the end of 5 be received 10 years from today? years if the proceeds is Php13,000 and Assume a discount rate of 8% the discount rate is 6.5%. compounded annually. Round off to the A. 19,259.25 nearest whole number. B. 19,359.25 A. P5,970 C. 19,459.25 B. P6,850 C. P4,900 D. P5,790 17. A long-term promissory note for D. 19,559.25 12.WhatisthematurityvalueofP12,500ifitisinvestedat15%simpleinterestfor250daysusingordinaryinterest?A.P1,502.08B.P2,103.08C.P1,302.08D.P3,201.08A.$58,597.50B.$58,589.15C.$58,398.79D.$57,581.47Theinterestrateonthenoteis7%andthenoteisdueonDec15,2015.Whatisthematurityvalueofthenote? D. P3,201.08 discount note which is payable at the end of 8 months but discounted after 5 19. Calculate the annual percentage yield months at a 12% discount interest rate. A. 294 B. 9,800 C. 784 D. 9,506 15. Determine the actual number of days from October 03, 2019, to March 19, B. 8.00% 2020 C. 7.75% A. 165 days D. 8.24% B. 166 days C. 167 days D. 168 days
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started