Vous êtes sur la page 1sur 2

PART 3: On December 31, 2016, the following notes were received.

Round PV factors to 4 decimal places


PV factor
0.6209

Interest
x
0

200,000

3.6048

720,960

200,000
or
200,000
200,000
600,000

3.9137
or
1
2.9137
0.8573

782,740

48,000

1.7833

599,978 or 600,000

P600,000, 8% note due in 3 equal annual instalments starting December 31, 2017.
Interest is payable annually every December 31

200,000

2.5771

48,000
32,000
16,000

0.9259
0.8573
0.7938

599,998 or 600,000

P600,000, 8% note due in 6 equal semi-annual instalments starting June 30, 2017.
Interest is payable semi-annually every June 30 and December 31

100,000

5.2421

P600,000, 8% note due in 3 equal annual instalments starting January 1, 2017. Interest
is payable annually every December 31

P600,000, 8% note due on December 31, 2018. Interest is payable annually every
December 31. Prevailing interest rate is 10%

200,000
or
200,000
200,000
600,000

2.7833
or
1
1.7833
0.8264

0.9615
0.9246
0.8890
0.8548
0.8219
0.7903
0.9259
0.8573

599,996 or 600,000

24,000
20,000
16,000
12,000
8,000
4,000
32,000
16,000
48,000

1.7355

579,144

P600,000, 8% note due in 3 equal annual instalments starting December 31, 2017.
Interest is payable annually every December 31. Prevailing interest rate is 10%

200,000

2.4869

48,000
32,000
16,000

0.9091
0.8264
0.7513

579,482

10

P600,000, 8% note due in 6 equal semi-annual instalments starting June 30, 2017.
Interest is payable semi-annually every June 30 and December 31. Prevailing interest
rate is 10%.

100,000

5.0757

24,000
20,000
16,000
12,000

0.9524
0.9070
0.8638
0.8227

581,514

No.
1

Particulars
1 million non-interest bearing note due on December 31, 2021 with prevailing market
rate of 10%

Amount
1,000,000

1 million non-interest bearing note due in 5 equal instalments of P200,000 starting


December 31, 2017 that yields at a rate of 12%.

1 million non-interest bearing note due in 5 equal instalments of P200,000 starting


January 1, 2017 with prevailing market rate of 14%

P600,000, 8% note due on December 31, 2018. Interest is payable annually every
December 31

Principal
x

Amount

PV factor

Present Value
620,900

600,006 or 600,000

11

P600,000, 8% note due in 3 equal annual instalments starting January 1, 2017. Interest
is payable annually every December 31. Prevailing interest rate is 10%

12

P600,000, 10% note due on December 31, 2018. Interest is payable annually every
December 31. Prevailing interest rate is 8%

13

8,000
4,000
32,000
16,000

0.7835
0.7462
0.9091
0.8264

60,000

1.7833

621,378

200,000
or
200,000
200,000
600,000

2.7355
or
1
1.7355
0.8573

P600,000, 10% note due in 3 equal annual instalments starting December 31, 2017.
Interest is payable annually every December 31. Prevailing interest rate is 8%

200,000

2.5771

60,000
40,000
20,000

0.9259
0.8573
0.7938

621,142

14

P600,000, 10% note due in 6 equal semi-annual instalments starting June 30, 2017.
Interest is payable semi-annually every June 30 and December 31. Prevailing interest
rate is 8%.

100,000

5.2421

P600,000, 10% note due in 3 equal annual instalments starting January 1, 2017.
Interest is payable annually every December 31. Prevailing interest rate is 8%

16

P600,000, non-interest bearing note due as follows:


P100,000 due on December 31, 2017.
P200,000 due on December 31, 2018.
P300,000 due on December 31, 2019.

200,000
or
200,000
200,000
100,000
200,000
300,000

2.7833
or
1
1.7833
0.9259
0.8573
0.7938

0.9615
0.9246
0.8890
0.8548
0.8219
0.7903
0.9259
0.8573

618,943

15

30,000
25,000
20,000
15,000
10,000
5,000
40,000
20,000
0

502,190

Prevailing interest rate is 8%


P600,000, 10% note due as follows:
P100,000 due on January 1, 2017.
P200,000 due on January 1, 2018.
P300,000 due on January 1, 2019.

100,000
200,000
300,000

1
0.9259
0.8573

50,000
30,000

0.9259
0.8573

614,384

Interest is payable annually every December 31. Prevailing interest rate is 8%


P600,000, 10% note due as follows:
P100,000 due on December 31, 2017.
P200,000 due on December 31, 2018.
P300,000 due on December 31, 2019.

100,000
200,000
300,000

0.9259
0.8573
0.7938

60,000
50,000
30,000

0.9259
0.8573
0.7938

624,423

17

18

Interest is payable annually every December 31. Prevailing interest rate is 8%

589,414

610,842