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MATH IN THE MODERN WORLD WORKSHEET ABOUT CONSUMER MATHEMATICS 3. A newly-married couple bought a house and lot worth Php 1,400,000. They paid a down (Investing and Borrowing) payment of Php 280,000 with an agreement to pay the balance in 10 years at 12% NAME/S: SECTION: DATE: compounded quarterly. How much is the quarterly payment? 1. Liza has Php350,000 and she wants to invest it for 4.5 years. She has two options: Option A : invest in an account that pays 3% simple interest rate Option B: invest in an account that pays 3% compounded daily 2. What amount must be repaid after 7 years if Php8,000 pesos is borrowed and subject to ko4 wate comnonnad monthle? 4. Find the total stock ROI of a stock with initial stock price =96.27 and current stock price 5. Francis bought 200 shares of stocks at Phpl35 per share. A year later, he sold the stocks at Phpl48.5 per share. How much money did he make on the sale? 6. Ben invested Php 120,000 pesos in a government bond that pays 2.5% per year for 3 years. How much interest is earned per month? 9. A Php350,000 loan is to be paid with the same semi-annual payments for three years with an interest rate of 8% compounded semi-annually. Construct an amortization schedule. 7. Suppose you invested Phpl,500,000 with the Sun Rise Financial Balanced Fund. Suppose also at the time you made the investment, the NAVPS for the fund was Php2.7834. How much shares can you buy and what is the value of these shares if you redeem the investment when the NAVPS reaches Php3.4758