Question
Il. Find the future vaive of the indicated principal. 1.) P30,000 at 8% compounded annually for 10 years. 2.) P35,000 at 6% compounded semi-annually for
Il. Find the future vaive of the indicated principal.
1.) P30,000 at 8% compounded annually for 10 years.
2.) P35,000 at 6% compounded semi-annually for 12 years.
3.) P51,000 at 8.5% compounded quarterly for 8 years.
4.) P12,500 at 7 % % compounded semi-annually for 12 years.
5.) P152,000 at 9% compounded monthly for 10 years.
If]. Direction: Answer the following problems.
1. Determine the interest rate for P1,000,000.00 investment compounded annually
if the value of investment after 5 years is P1,300,000.00?
2. Compute the compound amount and compound interest on P1,250,000 principal
for 3 years at 3.3% compounded quarterly.
3. Determine the present value of an ordinary annuity of S00 pesos each quarter
payable for 5 years and 6 months, if money is worth 14% compounded
quarterly.
4. For how many years must PS0,000 be invested at 12% compounded annually in
order for the investment to grow to PS00,000?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started