Mrs. Paredes obtained a loan of P50,000 from the SSS. If the total interest of the loan was P19,500 at 9.75% per year, how long was the loan?
1. Mrs. Paredes obtained a loan of P50,000 from the SSS. If the total interest of the loan was P19,500 at 9.75% per year, how long was the loan?
Answer:
2 years and 3 months long was the loan
2. Mrs. Paredes obtained a loan of P50,000 from the SSS. If the total interest of the loan was P19,500 at 9.75% per year, how long was the loan?
Answer:
n=4 years or 4.11 years
n = 4 years and 1.5 months
Step-by-step explanation:
I = P × i × n
19500 = 50000 × 0.095 × n
n = 19500 / (50000 × 0.095)
n= 4.11 years × (12 months/year)
n = 4 years and 1.5 months
3. paano ang proseso sa pagaaply ng sss loan
Answer:
PAANO MAG APPLY?
MGA REQUIREMENTS
I-Download Fillable Member Loan Application Form
Kung ang mag-aapply ay ang Member-Borrower:
Na fill upang Member Loan Application Form
SSS Digitized ID o E-6
Kung wala pang SSS Digitized ID ay maaring magbigay ng dalawang ID bilang identification.
2. Kung ipinasa ng Awtorisadong Kinatawan ng member- borrower:
Na fill upang Member Loan Application Form na finill-upan ng Member Borrower
SS Digitized ID ng awtorisadong kinatawan o anumang dalawang valid IDs na parehong may pirma at hindi bababa sa isang may larawan
Letter of Authority (LOA) na pinirmahan ng parehong member-borrower at awtorisadong kinatawan ng member-borrower.
SS Digitized ID ng Member-borrower o anumang dalawang valid IDs na parehong may pirma at hindi bababa sa isa na may larawan.
3. Kung ipinasa ng Awtorisadong Kinatawan Employer / Kumpanya.
Na fill upang Member Loan Application Form na finill-upan ng Member Borrower
Authorized Company Representative (ACR) card na inisyu ng SSS
Letter of Authority (LOA) mula employer at anumang dalawang (2) valid IDs parehong may pirma at hindi bababa sa isang may larawan
SS Digitized ID ng Member-borrower o anumang dalawang valid IDs na parehong may pirma at hindi bababa sa isa na may larawan.
Ang orihinal o certified true copies ng mga supporting documents ay dapat na ipakita kapag isinumite na ang Loan Application.
PROSESO NG PAG A-APPLY (Filing Procedure)
Ang manghihiram ay maaaring magpasa ng salary loan application sa pinakamalapit na SSS Branch sa lugar ng paninirahan o negosyo. Ang isang miyembro na nakarehistro sa My.SSS (SSS Web Account) ay maaaring magsumite ng salary loan application online. Ang salary loan na isinumite online sa pamamagitan ng isang nagtatrabaho miyembro ay mapupunta sa My.SSS employer account para sa sertipikasyon, samakatuwid, ang employer ay dapat ding magkaroon ng isang SSS Web account.
Ang Overseas Filipino Worker na miyembro ay maaari ring mag-file ng kanilang salary loan application sa SS Representative Offices sa mga piling bansa. Sa kasong walang SSS office sa isang partikular na bansa ay maaaring sila ay magpadala ng kanilang aplikasyon at mga sumusuportang dokumento sa kanilang mga kamag-anak dito sa Pilipinas at pahintulutan ang mga ito upang mag-file sa sangay SSS. Ang mga dokumento na inibigay (issued) sa ibang bansa ay nararapat na authenticated o sertipikado ng Philippine Consulate / Embassy. Maaari rin nilang ipadala ang application at mga sumusuportang dokumento sa Foreign Expansion Branch at Monitoring Department (FEBMD) thru mail (3 / F SSS Building, East Avenue, Diliman, Quezon City) o fax (632-435-9814).
Tandaan: Ang employer ay dapat magsumite ng isang na-update Specimen Signature Card (SS Form L-501) upang ma-update taun-taon upang maiwasan ang pagkaantala sa pagproseso ng mga aplikasyon salary loan.
MAGKANO ANG MAARI KONG MAHIRAM (LOAN AMOUNT)?
Ang isang-buwan salary loan ay katumbas ng average ng pinakabagong nai-post na Monthly Salary Credits (MSCS) sa loob ng 12 buwan, o halaga-apply para sa, alinman ang mas mababa.
Ang dalawang-buwang salary loan ay katumbas ng dalawang beses ang average ng pinakabagong nai-post na MSCS sa loob ng 12 buwan, round-off sa susunod na mas mataas na buwanang salary credit, o halaga-apply para sa, alinman ang mas mababa.
Ang net na halaga ng pautang ay ang inaprubahan halaga ng loan kung saan ibabawas dito ang lahat ng natitirang balanse ng nakaraang utang ng miyembro.
SCHEDULE NG PAGBABAYAD
Ang pautang ay nararapat bayaran sa loob ng dalawang (2) taon sa 24 buwanang installments.
Ang buwanang amortization ay magsisimula sa ika-2 buwan kasunod ng petsa ng loan, kung saan ay dahil sa o bago ang deadline ng pagbabayad.
Pagbabayad ay maaaring gawin sa anumang branch SSS na may Tellering Facility, SSS-accredited bank o SSS-accredited payment center.
INTEREST AT PENALTY
4. X owns 99% of the capital stock of sss corporation. x also owns 99% of ttt corporation. sss corporation obtained a loan from vw bank. on due date, sss corporation defaulted. ttt corporation is financiallyhealthy. which statement is most accurate
Answer:
hello I'm under the water plsss help me I'm drowning
Explanation:
5. Which of the following increasing cash balance?a. Bank not granting loanb. Debtors paying to the companyc. Loan repayment to creditorsd. Sale of stock on account
Answer:
I think its letter B,,, because if the debtors pays their credits and the original money they borrow from the company have been addedd by some interest,,then the company can gain money from that
Explanation:
sorry sa grammar
6. Programming 1 1. Create a Java program that will compute the annual after-tax cost of a new house for the first year of ownership. The cost is computed as the annual mortgage cost minus the tax savings. The input should be the price of the house and the down payment. The annual mortgage cost can be estimated as 3% of the initial loan balance credited toward paying of the loan principal, plus 10% of the initial loan balance in interest. The initial loan balance is the price minus down payment Assume a 35% marginal tax rate, and assume that the interest payment tax deductible thus, the tax savings is 35% of the interest payment. Provide formula and Variables: Price_of_the_House = 0; Down_Payment = 0; Initial_Loan_Balance = Price of the house – Down payment; Tax_Saving = Interest * .35; (tax saving is assume as 35 %) Interest = Initial_Loan_Balance * .10; (.10 is a 10 % of initial Loan Balance) Annual_mortgage_cost = Initial_Loan_ balance * 0.03 + Interest ; (Annual mortgage cost = 3% of the initial loan balance plus interest)
Answer:
Ano pong subject yan? Math po ba?
7. _____ is loan repayment by periodic payments calculated so that at the end of a fixed period of time, the principal balance equals zeroOptions:Principal outstandingAmortizationPay offLoan closing
Answer:
I think loan closing
Explanation:
Correct me if I'm wrong
8. What happened when my sss loan status is check generated?
When your SSS loan status is check generated, it means that your loan has been approved and the check will be delivered via mail. Once you receive it, you have to encash it. The check is issued by the Land Bank of the Philippines as the authorized bank for government loans.
You have to go to any branch of Land Bank for the check encashment. Fill out the necessary information on the back of the check. Don't forget to bring proof of identity as you will present this at the bank counter.
9. Mr. Castillo got a business loan worth php 850,000. he promised to pay the loan quaterly in 4 years . the quaterly . how much is the outstanding balance after the second year?
850,000÷4=212,500. 212,500x2=425,000
Step-by-step explanation:
Deko po sure.
10. When sss loan check generated how long do i need to wait?
When applying for an SSS loan, the previous process called for a check, but the new one now asks for a bank account to be enrolled and the process would take no longer than 15 days. Based on my own experience when I applied for a loan recently, the process was fairly quick and easy and the loan proceeds were released into my bank account within 6 days. This was way better than when waiting for a check to be generated. During that time I had to wait for at least 21 days.
The new process calls for signing up to an My.SSS online account which can be done through their website. Then once logged in enroll a bank account under the E-services tab. A list of SSS-accredited banks would then appear. For BDO, make sure that you put in leading zeroes, which means that if your bank account is 11111 always put in 00111111 (again, for BDO only).
Always keep your bank information secure and your SSS credentials as well because as with anything involving cash, it could be prone to scamming or phishing.
#LearnwithBrainly
For more information:
Phishing: https://brainly.ph/question/345092
SSS versus GSIS: https://brainly.ph/question/2547545
11. You plan to borrow p100,000 from your bank, which offers to lend you the money at a 15 percent nominal, or stated, rate on a 1-year loan. what is the effective interest rate if the loan is a discount loan with a 10 percent compensating balance
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex][tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
[tex]\green{ \rule{500pt}{500000pt}}[/tex]
12. Analysis 88. Entity A had a cash balance of ₱310,000 at the beginning of the period. During the period Entity A had the following transactions: • Rendered services worth ₱420,000, on account. • Obtained a ₱500,000 loan. • Collected ₱270,000 accounts receivable. • Paid total expenses of ₱680,000. • Paid half of the loan. How much is the ending balance of cash? *
Answer:
-390 is the ending balance of cash. Hope it helps
13. Holland construction co. has an outstanding 180-day bank loan of $400,000 at an annual interest rate of 9.5%. the company is required to maintain a 15% compensating balance in its checking account. what is the effective interest rate on the loan
Answer:
Q1. which thermometer shows rise in temperature faster?
14. Explain this in simple words: “overseeing the allocation of cash balances, loans, disbursements, and investments”
Answer:
sorry need Lang point
Explanation:
hehhehe
15. 3. The interest paid on the remaining balance of a loan after a monthly payment has been deducted. It is an interest paid on unpaid balance.pasagot po please..
Answer:
sorry for the late reply but I have been away for the last few days and I have been away for the last
16. As the loan is repaid, the total unpaid balance draws interest until the remaining balance is paid
Answer:
salamat po sa points po thanks
17. find the interest and the balance on a loan of 16500 at 15% simple annual interest for 4months
Answer:
28858.603125
Exponential Function po ba to? exponential model for compound interest kung oo ito po yung formula.
A= P(1+r)^t
to find r gawin mo pong decimal yung 15%
18. 1. How much the is the loan? 2. How much is the first annual payment? 3. For the second payment, how much goes to the interest? 4. How much is the total interest ear by the loan? 5. For the fourth payment, how much goes to pay principal/loan? 6. How much is the total payment for the loan? 7. What is the outstanding loan balance after 4th year?8. Describe what happens to the interes earned by the loan (column 3) and the reduction to loan balance (column 4) as payments are done towards the end of the term? Pa help po please
Answer:
1.P50,000
2.11,481.06
3.4,351.89
4.18,881.03
5.8,626.29
6.50,005.33
7.19,921.40
19. Mr. Ramos Got a bussiness loan worth 900.000. He promise to pay the loan semi annually How much is the outstanding balance after the first payment
Answer:
Mr Rogers neighborhood and story from someone else to do but I will be home tomorrow morning maam paadtuon sah I will get it my dream works for me know if I can get it to do I nede you l want to you
20. 1. Your company borrowed $180,000, agreeing to pay the balance in 18 equal monthly installments at 8% compounded monthly. Determine the remaining loan balance right after the 12 th payment.
Answer:
2475 php
Step-by-step explanation:
21. You borrow money for a new car from the bank. After month 1, the loan balance is $14,760. After month 2, it is $14,520. If this pattern continues, what will the balance be after 21 years?
Solution:
By USING ARITHMETIC SEQUENCE:
You borrow money for a new car from the bank. After month 1, the loan balance is $14,760. After month 2, it is $14,520. If this pattern continues, what will the balance be after 21 years?
Let a₁ = 14760, a₂ = 14520, and a₂₁ be the balance after 21 years:
So we apply the given values to get the missing values:
First, we get the common difference, That is,
d = a₂ - a₁
d = 14520 - 14760
d = -240
So, we substitute the value of common difference and the known values,
a₂₁ = a₁ + (n-1)d
a₂₁ = 14760 + (21-1)(-240)
a₂₁ = 14760 + (20)(-240)
a₂₁ = 14760+(-4800)
a₂₁ = 9960
Therefore, the balance after 21 years is $9960.
Read more on Brainly.ph - https://brainly.ph/question/1454116#readmore
22. Do you agree, that if there is a premium or a discount, the unpaid balance at the end of the term is equal to the principal of the loan?
Answer:
yes
Explanation:
sorry for the wrong question
23. Mr. S is the MIS Director of the Social Security System (SSS). Mr. S’s mother is working in a private firm and had incurred SSS loan equivalent for a five (5) month salary. Her mother wanted to apply for another loan but was disapproved for a reason that she has a pending SSS loan. To help his mother, Mr. S altered the actual data from the SSS Information System to make it appear that her mother had no more pending loan from the SSS. Ms. SS, the approving officer of the loan, in relying on the computer – generated output of the SSS Information System approved the loan of Mr. S’s mother.1. Do you think that Mr. S is guilty of Computer Related Forgery? Why or Why Not?2. Is Mr. S is guilty of Computer – Related Fraud? Why or Why Not?3. If Ms. SS, the approving authority is aware of the scheme made by Mr. S, then is Ms. SS also guilty of computer related forgery. Why or Why Not?4. If Ms. SS, the approving authority did not approve of the loan application of Mr. S’s mother, then is Mr. S will not anymore guilty of computer related forgery? Why or Why Not?
Social Security System Loan Approval (COMPUTER FORGER AND FRAUD)1. Yes, Mr. S is guilty of Computer Related Forgery.
Definition: Computer Related Forgery is altering information for means of impersonating of stealing an identity.
Mr. S changed data and information to help his mother have a loan approved.
2. Yes. Computer fraud is defined as an offense that consists of using or falsifying data stored, being processed or in transit, in order to derive personal benefits or financial gain.Since Mr. S's purpose is to take out some loan and so this is considered as fraud. He is defrauding the Social Security System.3. No. If the approving officer is aware of the scheme she would not be guilty of it but she will be considered as an accomplice. Or she will be charged for Negligence.4. No, she will not. Since the loan did not go through, the fraud also would have been null and void. And so, if for example, authorities discovered that Mr. S. attempted to defraud the SSS, then he will still be charged of the same crime. To which it would not find Ms. SS to be at fault, whether she detected the con or not, because she did not approve of it.#SPJ1
https://brainly.ph/question/1452888 (SSS)
24. Why do other people recommend SSS to loan or invest some money?
Answer:
para Lalo pang lumaki Yung pera mo
25. 1. Loans given to individuals for personal or family purpose.a. Business Loansb. Consumer LoansC. Collaterald. Outstanding Balance
Answer:
a family member—or borrowing from one—might sound like a good idea: The borrower gets easy approval, and any interest stays in the family instead of going to a bankIts letter B. consumer loans
Step-by-step explanation:
I hope it's help:)
26. What is the effective rate on an 8 loan subject to a 20 minimum compensating balance?
Explanation:
What is the effective rate on an 8 loan subject to a 20 minimum compensating balance?
sorry lololollololololololololilililoloollloloolool
27. On January 1, Mr. Seniro was granted a loan amounting toP63,000. Under the loan agreement, he will pay 7,000 ofthe principal and 5 percent interest of the unpaid balanceat the end of each year. How many years will it takeMr. Seniro to pay the loan? How much interest will havebeen paid?
Questions:
1. How many years will it take
Mr. Seniro to pay the loan?
2. How much interest will have
been paid?
Answers:
1. 9 years
2. 12600
Explanation:
꧁ᕼOᑭᗴ IT ᕼᗴᒪᑭՏ꧂
28. Construct a balance sheet for a loan of p150,000 paid in 8 equal quarterly payments at 2.8% interest per quarter on the unpaid balance.
Answer:
.......
#Answerfortrees
29. you want to pay off the loan on yoyr motorbike that you bought 18 months ago. Your monthly payment is 12,200 on a 1.5 year loan. at an annual interest rate of 10%. Find the pay off amount (remaining balance)
Answer:
1350 php
Step-by-step explanation:
30. Which of the following increasing cash balance?a. Bank not granting loanb. Debtors paying to the companyc. Loan repayment to creditorsd. Sale of stock on account
Answer:
C.Loan repayment to creditors
