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    Terk
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    This document contains calculations related to loans and annuities. It includes: 1) Calculating the present value of an annuity of $21,300 for 10 years at 5% interest to be $80,744.04 2) Calculating the total cost of a $100,000 loan at 10% interest for 3 years including principal and interest to be $1,018,100 3) Calculating the future value of a $50,000 loan at 6% interest over 14 years to be $113,045.20

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    This document contains calculations related to loans and annuities. It includes: 1) Calculating the present value of an annuity of $21,300 for 10 years at 5% interest to be $80,744.04 2) Calculating the total cost of a $100,000 loan at 10% interest for 3 years including principal and interest to be $1,018,100 3) Calculating the future value of a $50,000 loan at 6% interest over 14 years to be $113,045.20

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    7 views1 page

    Assignment 5

    Uploaded by

    Terk
    This document contains calculations related to loans and annuities. It includes: 1) Calculating the present value of an annuity of $21,300 for 10 years at 5% interest to be $80,744.04 2) Calculating the total cost of a $100,000 loan at 10% interest for 3 years including principal and interest to be $1,018,100 3) Calculating the future value of a $50,000 loan at 6% interest over 14 years to be $113,045.20

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    John Patrick F.

    Orfano BS EE – 2nd Year


    Assignment 5 – ES032

    1.) P = A (A/P , 10%, 5)


    = $21,300 (3.7908)
    P = $80,744.04

    2.) Total Cost = P(1+i)n + F


    = $100,000 (1+0.1)3 + $885,000
    Total Cost = $1,018,100

    3.) F = P (1+i)n
    = $50,000 (1+0.06)14
    F = $113,045.20

    4.) F = P (1+i)n
    = $1,900,000 (1+0.15)3
    F = $2,889,662.50

    5.) A = [i(1+i)3 / (1+i)3 – 1][P]


    = [0.1(1+0.1)3 / (1+0.1)3 – 1][$220,000]
    A = $88,465.26
    6.)
    1. ( P/F ,6%,31) = 0.164
    2. ( F/P ,10%,84) = 2999.062
    3. ( P/F ,14%,20) = 0.0728
    4. ( P/F ,2.5%,30) = 0.4767
    5. ( P/F ,21%,15) = 0.057

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