Question 24

For five years, P200,000 will be deposited in a fund at the beginning of each six months. The moneys worth is 10.5% compounded semi-annually. How much is in the fund at the end of 4 years just after the last deposit is made?

P2,545,127.68

P2,745,127.68

P2,245,127.68

P2,345,127.68

Question 25

Refer to item number 24, how much is in the fund at the end of five years?

P2,878,746.88

P2,278,746.88

P2,678,746.88

P2,478,746.88

Question 26

Refer to item number 24, what is the present value of the fund?

P1,456,940.59

P1,244,366.67

P1,605,870.92

P1,849,403.39

Please answer it correctly with solutions thankss