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1. How much will an investment of Php 17,000 be if it is compounded quarterly for six (6) years at 5% interest? 2. If
1. How much will an investment of Php 17,000 be if it is compounded quarterly for six (6) years at 5% interest? 2. If an interest of Php 5,000 is deposited into a savings account at an interest rate of 5%, compounded monthly, how many years will it take for the value of the investment to be Php 8,235.05? Solve for what is asked in the following: (2 items x 5 points) Mr. Sarmiento made payments for his retirement plan of Php 2,500 at the end of every month for 20 years with 3% interest compounded monthly, a. How much is the present value of this annuity? b. How much is the future value of this annuity? Solve for what is asked in the following: (2 items x 5 points) A company reported a net income of Php 1,550,000 and 60,000 outstanding shares of stocks. If the current price is Php 80, what are the: a. Earnings per share b. Price Earnings Ratio
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