Question: Please answer both question. Please show working. Thank you 10%) 18. Mr. X takes a loan of 50,000 from HDFC Bank. The rate of interest

Please answer both question. Please show working. Thank you 10%) 18.

Please answer both question. Please show working. Thank you

10%) 18. Mr. X takes a loan of 50,000 from HDFC Bank. The rate of interest is 10% per annum. The installment will be paid at the end of year 5. Determine the amount of equal annual installments if Mr.X wishes to repay the amount in five installments. a. 19500 Chansiune Ax PuIFA lis years b. 19400 19310 SO W 12.578 d. None of these 19. If the nominal rate of return is 10% per annum and annual effective rate of interest is 10.25% per annum, determine the frequency of compounding: a. 1 C. soian = A X 7.7217 - A 7.7217 m 0.P= (1+) b. 2 o. 102S = (ton - 1. - C. 3 d. None of these mnarable by m

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

In question 18 , on the last of the first line is '' The first'' . 18. Mr. X takes a loan of

please answer quation C please show working John Phelps has run a small business for many years and has never kept adequate accounting records. However, a need to obtain a loan from the Bank of Make...

Please answer the question of the yellow cell, and write out the steps if you can. Chez Guevara Java for the Revolution You have developed a chain of 20 cyber cafs with a gross margin of 80%. You...

Please answer all three parts of question. Thank you Electro plc Electro plc ('Electro") is a company based in the UK that manufactures electric bikes. Electro's directors wish to expand their...

Please answer this question.. Very easy. -What sources of value most plausibly account for the differences between buyer and seller? -Structure and execute a discounted cash flow valuation of all of...

Defense Cross Examination of Corey Hyde 1. D: \"Mr. Hyde, is it true when you originally acquired your position as Avery Bancroft's assistant at the Black Bear Casino, you were not thrilled at the...

Please complete all parts and show work! Thank you! Will give a good rating! REAL ESTATE FINANCE AND INVESTMENTS: Case: Westwood Publix Plaza The Property: : The property in question is a 100,000...

QUESTION 1: After 10 years of marriage, Ashley and Charles have decided to separate. Charles will take the custody of the children and will stay home for the next 8 years. Since Charles will have no...

Formula Sheet Simple interest PrT 1 =7 100 Compound interest A = PR" , where R = 1+- r 100 The annuities formula - reducing balance loans Q(Rn - 1) r A = PRn R-1 , where R = 1+ 100 The annuities...

I need help with the solutions for this practice set for accounting. CASE STUDY INSTRUCTIONS - Required: PART 1 - Journalize Monthly Transactions 1) Record the transactions for the month in the...

What effect will the new legislation likely have on the market share of the largest rating agencies? How will the new legislation affect the process of finding ratings information for investors?...

Use the monthly series on the Consumer Price Index (all items) from the previous two years to produce a forecast of the CPI for each of the next three years. Is the precision of your forecast greater...

Multiple Select Question Select all that apply The financial statement of cash flows shows the increases and decreases in cash corresponding to which of the following activities? Multiple select...

discussion make sure to address the following: - What are the ethical implications of the particular research? - Does the greater good of a particular research justify its means? - What ethical...

2 How can companies like Shell ensure that managers and key personnel are adequately prepared for international assignments?

2 Is there a relationship between country of origin of the expatriate and success or failure in an assignment (e.g. are Dutch managers more successful expatriates than British or Japanese managers)?...

3 In view of the experiences of Shell outlined above, is there really a problem with expatriate failure? How can this best be safeguarded against? How might this differ between companies such as...