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rush, detailed TASK NO. 2 (ACTIVITY) Read, analyze and solve 1. Sussie started to deposit Php 18,000.00 semiannually in a fund that pays 5% compounded
rush, detailed
TASK NO. 2 (ACTIVITY) Read, analyze and solve 1. Sussie started to deposit Php 18,000.00 semiannually in a fund that pays 5% compounded semi-annually. How much will be in the fund after 10 years? 2. The buyer of a house and lot pays Php 200,000.00 cash and Php 10,000.00 every month for 20 years. If the money is 9% compounded monthly, how much cash value of the lot? 3. Grace borrowed Php 150,000.00 payable in 2 years. To repay the loan, she must pay an amount every month with an interest rate of 6% compounded monthly. How much should she pay every monthStep by Step Solution
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