Question
pleaaaaseee help me solve the following!! Problem Solving .1)Mr.Moowes Mr. Nya150,000 pesos due in 4 years. On the third day, Mr. Mo pays 80,000 pesos.
pleaaaaseee help me solve the following!!
Problem Solving
.1)Mr.Moowes Mr. Nya150,000 pesos due in 4 years. On the third day, Mr. Mo pays 80,000 pesos. If money worth is 9% compounded semi-annually, how much does Mr. Mohave to pay on the 6thyear to discharge the rest of his obligations?
2)If money worth is worth 8.5% effective rate, what single payment at the end of 5 years will replace 27,000pesos due in 7 years, and 14,000 pesos due in 3 years?
3)Miss X owes Mr. Y 2000 pesos two years from now, 3500 pesos three and half years from now, and 5000 pesos 5 years from now. Miss X has just won a big amount from a lottery and decides to settle all her obligations now. How much is Mr. Y willing to receive now if money worth is 16% compounded quarterly?
4)Find the accumulated amount of 40,000 pesos if it is invested for 10 years at 8 3/5% compounded:
a)Quarterly
b)Semi-annually
c)Continuously
5)Find the present value of 75,000 pesos dui in 6 years at the interest rate of 8% compounded:
a)Annually
b)Quarterly
c)Continuously
d)Monthly
Conversion:
.6)18.75% compounded semi-annually to _______compounded monthly
7)12.07% compounded quarterlyto _______compounded semi -annually
8)3.54% compounded monthlyto _______compounded annually
9)6.32% compounded weeklyto _______compounded monthly
10)11.78% compounded quarterlyto _______compounded bi-monthly
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