A debt of P20, 000 is due on December 1, 2020.What was the value of this debt on December 1,2018 at 14% converted semi-annually?P15,257.90B P33,500.39© P 28, 600.21P36,548,19

The value of debt on Dec 1, 2018 is calculated as present value of debt.

Answered: A debt of P20, 000 is due on December…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? A P15,257.90 B P33,500.39 OP 28, 600.21 D P36,548,19
A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? P15,257.90 P33,500.39 P 28, 600.21 P36,548,19 Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12% compounded semi-annually. P15,257.90 P33,567.21 P 38, 678.15 P36,785.59
How much interest is earned at 2.5% if an amount of P10,500 was invested on October 3, 2021 and will mature on June 3, 2022? P10,675 P1,750 P174.76 P175
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Determine the exact and ordinary simple interest on 100,000.00 borrowed at 12% interest rate from July 2020 to April 2024. Answers: Io = 47,000.00 ; Ie = ₱ 45,994.52
A debt of $6223,43 is due August 1, 2023. What is the value of the obligation on February 1, 2016, if money is worth 3% compounded annually? The value of the obligation is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
A 13.2% P600,000 note payable was issued by Robin Company on March 1, 2020. The principal and interest, compounded annually, are due in three years. How much should be reported as current liabilities on December 31, 2022?
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A 13.2% P600,000 note payable was issued by Robin Company on March 1, 2020. The principal and interest, compounded annually, are due in three years. How much should be reported as noncurrent liabilities on December 31, 2021?
Compute the amount of interest on $8350 at 6.5% p.a. from October 8, 2019, to August 4, 2020. What rate of interest is paid if the interest on a loan of $12500 is $196.06 from November 14, 2019, to May 20, 2020? Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.5% p.a. and the focal date is 115 days from now? What principal will earn $355.99 interest at 9.75% p.a. from February 4, 2017, to July 6, 2017? Determine the face value of a four-month promissory note dated May 20, 2018, with interest at 7.5% p.a. if the maturity value of the note is $1190.03. A Company sells locks for $10 each. Manufacturing cost is $2.60 per lock; marketing costs are $2.40 per lock; and royalty payments are 20% of the selling price. The fixed cost of preparing the lock is $18 000. Capacity is 15,000 locks. Compute the contribution…
#24 On August 1, 2020, PHINEAS Company borrowed P9,000,000 from a lender, which is to be paid on January 28, 2021. The interest is 8% per annum. How much is the interest expense for 2020?
1. On December 31, 2021, what total amount should be reported as current liabilities?* 14% Notes payable, due 2023 Accrued rent expenses Credit balances of customers' accounts Debit balances in suppliers' accounts Estimated premium liability Mortgage payable Serial bonds payable in semi-annual installment of P200,000 Unearned subscription income 30,000 5,000 11,000 7,000 62,000 100,000 2,000,000 20,000 A. 498,000 B. 505,000 C. 198,000 D. 578,000 E. NONE OF THEM

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A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018 at 14% converted semi-annually? A P15,257.90 B P33,500.39 OP 28, 600.21 D P36,548,19