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Final Seatwork 1 1.you deposit Php10,000 in a bank account that pays 10% interest annually, how much will be in your account after 8 years?

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Final Seatwork 1 1.you deposit Php10,000 in a bank account that pays 10% interest annually, how much will be in your account after 8 years? Low much would you invest that will pay you Php5,000 in 20 years if securities of equal risk pay 7% annually. 3.It is now January 1, 2012. Today you will deposit Php1,000 into a savings account that pays 8%. If the bank compounds interest annually, how much will you have in your account on January 1, 2015? 4.Suppose you want to save money for your future plan. Suppose you deposit Php1,000 at the beginning of each year, for 18 years, at an interest rate of 5%. How much is available for your future plans after 18 years? hop

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