1) How much is did Dora borrowed today? 2) Dora failed to settle all monthly dues scheduled but Barney's collection agency who represents Ken and Barbie waives penalties due to payment default and allowed her to settle all amount dues plus interest on May 14, 2024. How much is the total amount due that she should settle with Barney? 3) Dora wishes to pay Ken and Barbie in one lump sum amount on August 14, 2023. How much in total is she allowed pay on that day to discharge the entire loan? 4) Dora decided to continue the payment thru Sept. 14, 2023. How much is her remaining payments due after this 9/14 payment? 5) How much must Dora pay instead of P 5,000 monthly, if she wishes to borrow P 60,000 from Ken and Barbie on Dec. 14 20222
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- Barbie and Ken agrees to lend Dora money in exchange of monthly payments of P= P5,000 begin- ning Mar. 14, 2023 until Feb.14, 2024. Money is worth 7.2% payable monthly. P P + + 12/14 1/14 2/14 3/14 4/14 P P P + 7/14 8/14 9/14 P P P 12/14 1/14 2/14 3/14 5/14 (1) How much is did Dora borrowed today? (2) Dora failed to settle all monthly dues scheduled but Barney's collection agency who represents Ken and Barbie waives penalties due to payment default and allowed her to settle all amount dues plus interest on May 14, 2024. How much is the total amount due that she should settle with Barney? (3) Dora wishes to pay Ken and Barbie in one lump sum amount on August 14, 2023. How much in total is she allowed pay on that day to discharge the entire loan? (4) Dora decided to continue the payment thru Sept. 14, 2023. How much is her remaining payments due after this 9/14 payment? (5) How much must Dora pay instead of P5,000 monthly, if she wishes to borrow P60,000 from Ken and Barbie on Dec. 14,…Phil has systematically contributed $3000 to his RRSP at the beginning of every three months for the past 17 years. If the RRSP has earned 8.8% compounded quarterly, what is the value of Phil's RRSP today? (Do not round Intermedlate calculations and round your final answer to 2 declmal places.) The value of the RRSP today $ 54600.00 connectQUESTION 2 Billy Bourne makes $58972 annually. How much does Billy pay for his E.l. premium out of each paycheque if he is paid semi- monthly? Use 2022 rates. 4
- Mr. Aragon loans P200,000 from a bank with interest at 6% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 yrs. Find the annual payments. a.P55,413.37 b.P54,314.37 c.P54,413.37 d.P45,413.37Question: On May 1, 2020, Hazel borrowed a sum of money from Far East Bank , payable for 2 years at 8% simple interest. She paid P6,000 for the interest of her loan. Find how much was borrowed by Hazel.Q7 Phil purchases some music equipment for $5680. He pays a 15% deposit, with the balance to be paid in equal monthly instalments at a flat rate of 9% p.a. interest over 4 years. (i) How much is still owing (the balance) after the deposit has been paid? (ii) What is each monthly instalment?
- Mr. Padilla agrees to pay P1,300.00 at the end of each month for 20 years, in purchasing a house. What is the present value of this agreement if money is worth 15% compounded monthly? a P98,274.96 b. P98,742.96 OCP98,724.96 Od P96,724.96Mrs Angngad acquired a loan of P50000 from a credit union that charges interest of 16% compounded quarterly. She promised to settle her obligation by making quarterly payments for 3 years. Find her quarterly payment. A) Р5427.60 в) Р5400.61 c) P5327.61 D P5328.61A borrows the amount of $10,000 from his friend B. B will charge interest rate of 4.5% which compounds on quarterly basis. A will repay the borrowed amount along with the compounded interest after 5 years (at the end of 5th year). How much A needs to repay? a. $12,507.51 b. $12,461.82 c. $ 12,250.00 d. $24,117.14
- Question 1 To pay the remainder of his student loan, Tran borrows $3500 from his at an interest of 3.5% per year, compounded semi-annually. His parents would like the lone to be paid in full in 3 years. How much interest will Tran pay to his parents? Question 1 options: a) $350.00 b) $383.96 c) $410.00 d) $400.00A man bought a car for P 650,000 on an installment basis. If he paid a down payment of P 120,000 cash and proposed to pay the balance in equal monthly payments for 2 years, what should be his monthly payment, if interest is at 10% compounded monthly? Select one. O a P18.348 Ob P 24,447 Oc P 22,664 O d. P16,782Eren Yeager borrows $100 000 to buy his dream home at an interest rate of 12% p.a. compounding quarterly with quarterly repayments. If the loan is over 20 years, what will be his repayments? Select one: a. $2 754.17 b. $3 311.17 c. $3 451.17 d. $2 932.17