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Find the compound amount on P1500 at the end of 35 years and 9 months, if the interest rate is 6% compounded quarterly. (Note: Round
Find the compound amount on P1500 at the end of 35 years and 9 months, if the interest rate is 6% compounded quarterly. (Note: Round off your answer to the nearest hundredths. Don't use comma and peso sign.)
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If you deposit P8,000 into an account paying 7% annual interest compounded quarterly, how long is the approximate time until there is P12,400 in the account? (Note: Round off your answer to the nearest hundreds) )
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What is the compound amount of P2000 invested for 2 years and 6 months at 5% compounded quarterly? (Note: round off your answer to the nearest hundredths. Don't use comma and peso sign)
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A principal of 25000 is placed in a savings account at 9% compounded semi-annually. How much is in the account after 6 months?
(a) What is the final amount? (nearest ones) Answer
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