Question: The topic is future and present values of simple and general annuities. Help me pleasee, solution is needed The buyer of a car pay P300,000.00

The topic is future and present values of simple and general

The topic is future and present values of simple and general annuities. Help me pleasee, solution is needed

The buyer of a car pay P300,000.00 cash as downpayment and is going to pay For number 10 and 11, refer to the situation below. P12,000.00 monthly for 5 years. 10. How much more will he be disbursing (present value) after paying the downpayment amount? a. P 733,378. 37 b. 733,784.43 c. P 737,733.37 d. P 787,733.43 DO 11. What is the cash value of the car? a. P1,033,378.37 b. P 1,033,784.43 c. P1,037,733.37 d. P 1,87,733.43 2 The buyer of a car pay P300,000.00 cash as downpayment and is going to pay For number 10 and 11, refer to the situation below. P12,000.00 monthly for 5 years. 10. How much more will he be disbursing (present value) after paying the downpayment amount? a. P 733,378. 37 b. 733,784.43 c. P 737,733.37 d. P 787,733.43 DO 11. What is the cash value of the car? a. P1,033,378.37 b. P 1,033,784.43 c. P1,037,733.37 d. P 1,87,733.43 2

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 Finance Questions!

On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $23,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries...

Dr.Ramsey Please assist me with my discussion post. Subject: Annuities Systematic risk evaluates the probability and extent of negative consequences to the larger body. For example, the government...

See page 129- 137 on attachment for more details there are five steps to the project. Step 1: Create the loan amortization schedule for the property. Step 2: Create the depreciation schedule. Step 3:...

HellonDr.Ramsey Can you assist me with my discussion please, Min 150 words due Friday. Basic Time Value of Money It is a common fact that many lottery winners are ?broke? sooner than later. If you...

Good Morning Dr.Ramsey Please assist me with my discussion this week ( min 150 words). Advanced Time Value of Money An advertised monthly lending rate of 0.9% is about 11% per year. This difference...

PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...

Hi, I have an Assignment for my Finance Subject. I have attached the necessary documentation here for you to view including the Lecture slides of all the Topics covered for this assignment. Please...

TO BE ANSWERED ACTIVITY 1 ONLY (1-2 ITEMS): Deferred Annuity A deferred annuity is an annuity in which the first payment is not made at the beginning nor at the end of the payment interval but at a...

TO BE ANSWERED (ACTIVITY 1 ONLY): FINAL KNOWLEDGE: Generalization/ Synthesis/ Summary In the previous lesson we tackle about annuity where the sum of all payments of the annuity is at the end of the...

just answer activity 1 with solutions: A. Written Work/s ACTIVITY 1 Directions: Solve the following problems. 1. Your mom decided to join their office cooperative (an organization owned and run by...

PLEASE COMPLETE NO LATER THAN 11/04 @8am Each question(1,2,& 3) must be a minimum of 200 words. Please EXPLAIN answers in FULL detail and make answers knowledgeable based off the attached reading,...

Pharmaceutical Industry. An equities analyst is studying the pharmaceutical in-dustr and would like your help in exploring and understanding the financial data collected by her fun. Iler main...

Sketch the limacon r = 2 - 3 cos , and find the area of the region inside its large loop.

19. What is the sum of each pair of hexadecimal integers? a. 6B4 + 3FE b. A49 + 6BD

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...