If P1 million is placed in a time deposit account for 90 days at 0.75% interest, (use 360 for t)

1. Find the interest the placement earns.

2. How much is the withholding tax?

3. Find the maturity value of the placement after the tax is deducted.

If P250,000 is invested for two years, what is the maturity value (disregard withholding tax for #s 4 and 5)

4. at 5% compounded quarterly?

5. at 5.5% compounded semiannually?

Dan bought 200 shares of a stock at P140 per share. A year later, he sold the stocks at P145.50 a share.

6. How much money did Dan make on the sale (excluding buying and selling charges)?

7. Assuming that Dan did not receive dividends, what is his total stock ROI (excluding charges)?

8. If during the year he held the stock, Dan received P2.25 dividend per share, what is his total stock ROI (excluding charges)?