Alexander Murils owes P 25,000 due in one year and P 75,000 due in 4 years. He

Fantastic news! We've Found the answer you've been seeking!

Question:

Alexander Murils owes P 25,000 due in one year and P 75,000 due in 4 years.

He missed these 2 payments and agrees to pay all liabilities in 5 years. If money is worth 10% compounded semi annually, How much will Alexander Murils pay in 5 years?

Related Book For answer-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Posted Date: Mar 02, 2023 06:00 AM

See More Questions

If money is worth 8% compounded quarterly, how long (to the nearest day) before a scheduled payment of $6000 will $5000 be an equivalent payment? For the purpose of determining the number of days in...
If money is worth 6% compounded annually, what amount today is equivalent to $10,000 paid: a. 12 years from now? b. 24 years from now? c. 36 years from now?
If money is worth 12%, would you prefer receiving $200,000 now or $30,000 each year for the next 10 years? 1. What is the value of each amount 10 years from now? 2. What is todays present value of...
State whether or not each of the following events would result in a liability being recognised in the accounts at 30 June. 1. Taxes for the year ended 30 June, which are not payable until October. 2....
Given below are selected data for Wal-Mart for the years ended January 31, 2002 and 2001: Study the information above and discuss what the changes from 2001 to 2002 mean. What conclusion can you make...
Question: Use the info below to answer the following questions:On January 1, Deacon Co. acquired a 40% interest in Pirate, Inc. for $1,000,000. At the time of purchase, the book value of the net...
When soup is stirred in a bowl, there is considerable turbulence in the resulting motion. From a very simplistic standpoint, this turbulence consists of numerous intertwined swirls, each involving a...
The following items were selected from among the transactions completed by Emerald Bay Stores Co. during the current year: Jan. 15. Purchased merchandise on account from Hood Co., $220,000, terms...
If the balance of Work in Process on August 31 is $220,000, what was the amount debited to Work in Process for factory overhead in August, assuming a factory overhead rate of 30% of direct labor...
Provide the following for the following challenge exercise: a) Income Statement, Gross Margin Standard, year-to-date b) All Journal Entries c) Customer Aged Detail, all customers, with terms at Mar...
Provide an example of when someone provided the functions of leadership when management was needed or management when leadership was needed.
You are starting a business selling products A and B. The making of one product A requires 60 minutes of labor and its materials that cost P21. The making of one product B requires 35 minutes of...
In the context of trading and risk systems quantitative development: A) What are low level and high-level programming? Explain and provide at least two examples of each. B) Explain the three layers...
On the day she retired, Kate had $713,300 in retirement savings. She expects to earn 4.5 percent, compounded monthly , and live 24 more years. How much can she withdraw from her savings each month...
There is a portfolio of 7 possible investments to choose from, the net present value (NPV), of the profit of each of the possible investments as well as the capital that you have to invest per year...
A 1 liter bag of NS with 20meq of KCL is to infuse over 8 hours. At 4 hours you notice there is 400ml remianing in the bag. to complete the infusion on time, what should the pump be set to
} 1) Consider the set $11,6,8), (1, 0,6), (9, 0, 1) which is basis for R3 Construct an orthogonal basis for R whose first element is (1,6,8). Then find the Coordinates of the vector (1,5,7) with to...
In Problem use absolute value on a graphing calculator to find the area between the curve and the x axis over the given interval. Find answers to two decimal places. y = x 3 ln x; 0.1 x 3.1
Sometimes pH is defined as the logarithm of the reciprocal of the concentration of hydrogen ions. Write an equation that represents this sentence, and explain how it and the equation given in the...
Is it more economical to buy an automobile for $29,000 cash or to pay $8000 down and $3000 at the end of each quarter for 2 years, if money is worth 8% compounded quarterly? (a) Decide whether the...
Suppose that a liquid carries a drug with concentration 0.05 g cc into a 150-cc organ at a rate of 6 cc s and leaves at the same rate. If initially there is 1.5 g of drug in the organ, find the...
Which of the following are boiler mountings ? (a) Economiser (b) Fusible plug (c) Super heater (d) Injector
Which out of the following boiler is capable of generating superheated steam without additional accessories ? (a) Cochran (b) Lancashire (c) Locomotive (d) Cornish
The economiser of the boiler plant is used mainly to (a) increase steam capacity (b) reduce fuel consumption (c) increase steam pressure (d) increase life of the boiler

Alexander Murils owes P 25,000 due in one year and P 75,000 due in 4 years. He

Question:

Expert Answer:

Solution Alexander murlis pay in 5 years P 161 0... View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these accounting questions