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with solution on every answer please pleaseee badly need it PROBLEM 1. Future Value and Compound Interest 1. Fill in the blank items. Principal Term

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with solution on every answer please pleaseee badly need it

PROBLEM 1. Future Value and Compound Interest 1. Fill in the blank items. Principal Term of Loan Simple Interest 1. P 50,000 2. P 25,000 3.P 56,000 4.P23,000 5. P1,000 Annual Rate 15% 8% 12% 10% 13% 4 years 10 years 6 years 5 years 3 years Interest Future Compound Compounded Value Interest Bi-monthly 87,450.31 37,450.31 Quarterly 53,973.12 28,973.12 Annually 110,534.07 54,534.07 Semi-annually 37,041.73 14,041.73 Quarterly 2,658.44 1,658.44 2. Convert the given nominal interest rate to periodic interest and the total number. Nominal Rate 12% 9% 16% 10% 8% Term of Loan 5 years 8 years 4 years 6 years 3 years Interest Compounded Annually Semi-annually Quarterly Bi-monthly Monthly Periodic Rate 2.40% 1.13% Number of Interest periods 5 16 16 4.00% 1.67% 2.67% 36 36

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