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SHOW COMPLETE SOLUTION AND ANSWERS SHOULD BE ROUNDED OFF INTO 2 decimal places Show your complete solutions and answers should be rounded off into 2

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SHOW COMPLETE SOLUTION AND ANSWERS SHOULD BE ROUNDED OFF INTO 2 decimal places

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Show your complete solutions and answers should be rounded off into 2 decimal places. 1. On October 12, a customer's credit card had a balance of P18,000. Purchases of P5,000 and P15,000 were made on October 18 and October 23, respectively. A payment of P20,000 was made on November 5. If the interest rate on the ADB is 3.25% per month, find the finance charge on the November 12 bill. 2. A bond with a face value of P330,00 and a 4% coupon has a 5-year maturity period. Find the annual interest paid to the bondholder. 3. A mutual fund has total assets of P500M and total liabilities of P50M. If there are P1,500,000 outstanding shares, find the net asset value of the mutual fund. 4. A company manufactures syringes that sells for P30.00 each. P30,000 is the cost of the company per year to operate. P15.000 is the cost for one production of syringe, to avoid a loss of profit, how many syringes are required to be produced

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