1. 2. 3. P 1.00 is the principal which is invested at a nominal rate of 5% semi: annually. After one year this will become ______ Determine the effective interest rate of P100 for one year compounded semi-annually at a nominal rate of 6%. Which is better to Invest your money at the rate of 12% compounded monthly or 12% compounded send-annually? . If P1000 becomes P112649 after 4 years when invested at a certain nominal rate of Interest compounded semi-annually: determine the nominal rate and the correspondinl effective rate. .How long will it take money to triple itself if invested at 896 compounded annually? . The sum of P2 6.000 was deposited in a fund earning Interest at 896 per annum compounded quarterly. What was the principal in the fund at the end of 3 years? A business firm contemplating the Installation of labor saving machinery has a choice between two different models. Machine A will cost 186.500 . while machine B will cost P315300. The repairs required for each machine are as follows: Machine A: P 1.500 at the end of 5th year P 2.000 at the end of 10th year Machine B: P 3,800 at the end of 9th year The machines are alike in all other aspects. If this firm is earning 3'55 return on its capital. which machine should be purchase? . What will be the future worth of money after 12 months. if the sum of 52 5.000 is invested today at simple interest rate of 1% per year? . Find the interest on Php 8.600.00 for 3 years at 11% simple interest. What is the principal amount if the amount of interest at the end of 2 52 year is Php 4,500 for a simple interesr of 6% per annum