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How long will it take money to triple itself if invested at 8% compounded annually? a. 12 years c. 13 years b. 14years d. 15years
How long will it take money to triple itself if invested at 8% compounded annually? a. 12 years c. 13 years b. 14years d. 15years Mr. Yoso made a money market placement of Php 1,000,000 for 30 days at 7.5% per year. If the withholding tax is 20%, what is the net interest that hair. Yoso will receive at the end of the month?I a. 6250 c. 5000 h. 7500 d. 4000 Mang Thomas deposited Php 5,000,000 on a bank that earns 10% compounded annually. Five years later he died. His will states that his beneficiary is an orphanage which will be receiving the money in perpetuity a year after he died. Howr much is the yearly fund the orphanage will be receiving? a. 805,255.00 c. 885,780.50 h. 850,552.00 d. 858,8?005 A car dealer advertises the sale of a car model for a cash price of Php 280,000.00. [f purchased on installment, the required down payment is 15% and balance payable in 18 equal monthly installments at a rate of 1.5% per month. How much will he the required monthly payments? a. 1518538 c. 16847.53 b. 16487.35 d. 15815.87Ir
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