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Instruction: Do not use any thousand separator. Use two decimal places You want to buy a mobile phone and you opted for the option in
Instruction: Do not use any thousand separator. Use two decimal places You want to buy a mobile phone and you opted for the option in which you will be paying Php 3,000 per month for 2 years at 1% compounded monthly. How much is the cost of the phone now if you will be paying at the end of the seventh month? R 3000.00 1% compounded 12 0.08% 6 24 Full-Def Instruction: Do not use any thousand seperator. Use two decimal places If you save Php 500.00 at the end of each month for 2 years in a fund that gives 8% compounded monthly, how much is the amount or future value of your savings after the end of your term of a simple annuity? 1 R 500 8 .00% period 12 years) 2 n 24 Instruction: Do not use any thousand seperator. Use two decimal places If you save Php 500.00 at the end of each month for 2 years in a fund that gives 8% compounded semi-annually how much is the amount or future value of your savings after the end of your term of a general annuity? R 500 8.00% period 12 (years) 2 In 24
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