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If you invest P12,000 today, how much will you have In 6 years at 7%? In 15 years at 12%? In 25 years at 10%?

  1. If you invest P12,000 today, how much will you have
    1. In 6 years at 7%?
    2. In 15 years at 12%?
    3. In 25 years at 10%?
    4. In 25 years at 10%?
  2. How much would you have to invest today to receive?
    1. P12,000 in 6 years at 12%?
    2. P15,000 in 15 years at 8%?
    3. P5,000 each year for 10 years at 8%?
    4. P40,000 each year for 40 years at 5%?
  3. If you owe P30,000 payable at the end of five years. What amount should your creditor accept in payment immediately if she could earn 11% on her money?
  4. Alice has been depositing P1,500 in her savings account every December since 2015. Her account earns 6% compounded annually. How much will she have in December of 2024? (Assume that a deposit is made in 2024. Make sure to count the years carefully.)
  5. Your bank offers to lend you P20,000 to be repaid in six equal year-end installments of P5,142.71. What interest rate is the bank charging you on this loan?

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