[go: up one dir, main page]
Scribd
Upload
17 views4 pages

Assignment - FV Functions

The document outlines various financial scenarios involving loans, EMIs, and interest calculations. It includes specific examples such as machinery purchases, motorcycle financing, and investment growth calculations. Additionally, it provides formulas and questions related to principal and interest breakdowns, as well as future value calculations for regular deposits.

Uploaded by

sejalb9061
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
17 views4 pages

Assignment - FV Functions

The document outlines various financial scenarios involving loans, EMIs, and interest calculations. It includes specific examples such as machinery purchases, motorcycle financing, and investment growth calculations. Additionally, it provides formulas and questions related to principal and interest breakdowns, as well as future value calculations for regular deposits.

Uploaded by

sejalb9061
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Loan Amount ### EMI Amount EMI Sl Number

Interest 13.50% Per Year $8,809.07 1


Repayment 9 Installment 2
3
4
5
6
7
8
9
Principal Interest GST@18% EMI with GST
`7,965.32 `843.75 `151.88 `8,960.95
`8,054.93 `754.14 `135.75 `8,944.82
`8,145.55 `663.52 `119.43 `8,928.51
`8,237.19 `571.88 `102.94 `8,912.01
`8,329.86 `479.22 `86.26 `8,895.33
`8,423.57 `385.51 `69.39 `8,878.47
`8,518.33 `290.74 `52.33 `8,861.41
`8,614.17 `194.91 `35.08 `8,844.16
`8,711.07 `98.00 `17.64 `8,826.71
Solve:
1. you have purchased a machinery with a down payment of Rs. 23000. Your EMI amou
Finance company taking interest @14.5% P.A. What is the purchased price of the M

2. Present Value of Motor Cycle is 56000, you are giving down payment of Rs. 10000/-
with interest for 2 years. Finance company is taking 12.5% interest. Find out EMI

3. From each EMI amount find out Principal and Interest. Finally check the total princip
amount or not. Find the gross interest for 2 years.

4. In 8% per year returns how many years will it take to double any investment amount

5. If you want to double any investment amount in 9 years. What should be the per yea

6. If you deposit 5000 per month for 5 years and bank will provide 8.25% interest per y
5 years. Calculate using FV

7. You have deposited 350000 for 25 years with 9% interest P.A. out of this you withdra
How much amount will you get after maturity?
23000. Your EMI amount is Rs.791.68 for 3 years.
rchased price of the Motor Cycle?

payment of Rs. 10000/-. You must repay the entire amount


terest. Find out EMI

check the total principle value matches with principle

any investment amount. Calculate Nper.

at should be the per year interest rate.

de 8.25% interest per year, how much will you get after

out of this you withdraw 20000/- at the end of every year.

You might also like