rounded off to 2 decimal places 1. FInd the ordinary interest on P500,000 at 5.5% invested...

rounded off to 2 decimal places

1. FInd the ordinary interest on P500,000 at 5.5% invested from April 1, 2017 to December 24, 2017?

2. How long will it take 200,000 to amount half a million pesos if the simple interest rate is 8.25% per annum?

3. Find the simple interest on 20,000 borrowed on May 1 and will be paid after 6months at 6.25% interest using exact time.

4. How much must be paid on the due date of Oct 20, 2020, on a loan of 80,000 made on December 5, 2015 with interest of 44.5% compounded quarterly?

5. Find the amount to be paid of a present value of 15,000 payable every three months for 10years, if the money is worth 5% compounded quarterly

6. If 25,000 is deposited in an account that earns interest compounded monthly becomes 32,000 after 2 years, what is the interest rate?

7. After a strong typhoon, Mang Liloy applied for a calamity loan of 30,000. The current interest rate for the calamity loan is 5.95% per annum. How much interest does Mang Liloy have to pay at the end of 1 year?

8. What is the interest rate compounded quarterly if 2,500,000 is invested and the amount became 3,210,000 after 10years?

9. Find the amount and interest on 50,000 invested for 10years at 5.25% interest compounded semi-annually

10. Find the compound amount and interest if 400,000 is invested at 8% compounded quarterly for 5years and 6months?

Solutions

Expert Solution

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

Find the effective annual rate of interest (as a %, 2 decimal places) at which an...

Find the effective annual rate of interest (as a %, 2 decimal places) at which an amount of $2,000 today will accumulate to $4900 in 8 years. (Solve using excel =RATE function; Answer in percentage rounded to two decimals without the % sign e.g. 1.8891 is 1.89)

Q1: Find the effective annual rate of interest (as a %, 2 decimal places) at which...

Q1: Find the effective annual rate of interest (as a %, 2 decimal places) at which an amount of $2,000 today will accumulate to $6000 in 8 years. (Solve using excel =RATE function; Answer in percentage rounded to two decimals without the % sign e.g. 1.8891 is 1.89) Q2: Which of the following is CORRECT? When discounting an amount to be received in one years' time at a rate that is quoted as 12% compounding quarterly, we can: Select one:...

Find the price (per $100 face value, rounded to 3 decimal places) of a 12% Treasury...

Find the price (per $100 face value, rounded to 3 decimal places) of a 12% Treasury bond, 145 days before maturity, at a yield of 6.26% p.a. 1

ROUND OFF ANSWERS TO 2 DECIMAL PLACES AND GIVE UNITS. 1. Determine the range and standard...

ROUND OFF ANSWERS TO 2 DECIMAL PLACES AND GIVE UNITS. 1. Determine the range and standard deviation of the following prices of selected digital cameras. $158, $95 ,$175, $180 ,$95,$129, $228, $300 2. 7 employees at a large company were asked the number of additional years they planned to work before retirement. Their responses were 10, 23, 28,4,1,6,12 Determine the range and standard deviation of the number of years. 3. The standard deviation of a set of data in which...

Enter answers rounded to 5 decimal places. 1. In pharmacologic research a variety of clinical chemistry...

Enter answers rounded to 5 decimal places. 1. In pharmacologic research a variety of clinical chemistry measurements are routinely monitored closely for evidence of side effects of the medication under study. Suppose typical blood glucose levels are normally distributed with mean 90 mg/dL and standard deviation 38 mg/dL. 1a. If the normal range is 65-120 mg/dL, that what percentage of values will fall into the normal range? 1b. In some studies only values that are at least 1.5 times as...

How do I make this code print the st variable rounded to 2 decimal places? Everything...

How do I make this code print the st variable rounded to 2 decimal places? Everything I have tried gives me an error. print('Enter output filename') name=input() print('Enter principal amount') p=float(input()) print('Enter term length (month)') n=int(input()) print('Enter annual interest') i=float(input()) j=i/12 m=p*j/(1-(1+j)**-n) file = open(name, "w") title = ["Month, ", "Total Accured interest, ", "Loan Balance \n"] file.writelines(title) first_row=["0",",","$","0.00",",","$",p," \n"] s1=' '.join([str(elem) for elem in first_row]) file.writelines(s1) t=0 for j in range(n): tai=(p*i/12) t=t+tai p=(p-m)+tai st="" ls=[j+1,",","$",t,",","$",p,"\n"] st=''.join([str(elem) for elem...

AZX 4.125% 2037 bonds are currently quoting at 104.15. Rounded to two decimal places as a...

AZX 4.125% 2037 bonds are currently quoting at 104.15. Rounded to two decimal places as a percent, the yield to maturity on these bonds is __________%.

Based on the data shown below, calculate the correlation coefficient (rounded to three decimal places) x...

Based on the data shown below, calculate the correlation coefficient (rounded to three decimal places) x y 2 1.6 3 2.67 4 3.84 5 3.71 6 0.48 7 1.75 8 3.42 9 0.89 10 1.96 11 3.13 12 0.1

23. NOTE: Answers using z-scores rounded to 3 (or more) decimal places will work for this...

23. NOTE: Answers using z-scores rounded to 3 (or more) decimal places will work for this problem. The population of weights for men attending a local health club is normally distributed with a mean of 175-lbs and a standard deviation of 26-lbs. An elevator in the health club is limited to 32 occupants, but it will be overloaded if the total weight is in excess of 5952-lbs. a. Assume that there are 32 men in the elevator. What is the...

NOTE: Answers using z-scores rounded to 3 (or more) decimal places will work for this problem....

NOTE: Answers using z-scores rounded to 3 (or more) decimal places will work for this problem. The population of weights for men attending a local health club is normally distributed with a mean of 179-lbs and a standard deviation of 29-lbs. An elevator in the health club is limited to 34 occupants, but it will be overloaded if the total weight is in excess of 6460-lbs. Assume that there are 34 men in the elevator. What is the average weight...

Subjects