A principal of P27,000 was placed in an investment which gives the interest of 12% compounded monthly. How long will it get the amount of P30,500? Solution:
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this is a compound interest problem. do this typewritten, please. I will upvote. thank you. no upvote for handwritten
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- 1. Ati= 10% per year and a loan amount of $10,000. If N = 20, what are the payments and future value? Solve this problem using %3! a. Excel b. FormulaWhat will the deposited amount be at the end of 5 years if P15,000 is deposited in an account earning 4% per year compounded quarterly? Follow the format. 1. Given: 2. Formula: 3. Required: 4. Cash flow Sketch: 5. Solution:What is the simple payback period (in years) for an investment of $465,000 if the net annual income is $75,000? O a.7 O b.8 O c. 5 O d. 9 O e. 6
- For 8 – 10. How long will a principal of P25,000 of Mark will earn an amount of P3,000 when invested at 3% compounded monthly? 8. What is rate of interest for each conversion period (j)? A. 0.0025 B. 0.0075 9. How many conversion periods will cover the investment (n)? А. 22.38 10. How long will he wait to achieve the amount he wanted (t)? A. 3 years and 9 months B. 3 years and 10 months C. 0.015 D. 0.03 В. 32.23 С. 45.39 D. 54.21 C. 9 years and 3 months D. 9 years and 10 months5. a. b. C. d. e. Your investment advisor wants you to purchase an annuity that will pay you RM 25,000 per year for 10 years. If you require a 7% return, what is the most you should pay for this investment? (FVIF: 1.9672, FVIFA: 13.8164, PVIF: 0.5083, PVIFA: 7.0236) RM 241,787 RM 175, 590 RM 122,913 RM 225,682 RM 345,410b. If you borrow R13,000 at 8% compounded annually with the repayment schedule below, what is the amount A? P=R13000 1 4 5 10 years A+100 A-? A+200 A+300 A+400 A+500 A+600
- 3. An investment promises two payments of $500, on dates 3 and 6 months from today. If the required return on investment is 9%: a) What is the value of the investment today?How many years will P100,000,000 earned a compound interest of P100,000 if the interest rate is 7% compounded quarterly? Follow the format. 1. Given: 2. Formula: 3. Required: 4. Cash flow Sketch: 5. Solution:4. The future value of an investment after 5 years was $12500. If the initial investment had been $8000 what was the annual rate of interest earned on this investment had it been compounded annually? N = 1% = PV = PMT = FV = P/Y = C/Y =
- 2. If money is worth 8 1%, find the present value on p2,500 due in 2 years and 6 months?2.3. Suppose the institution pays 7,5% interest, compounded annually. How long will it take for $10 000 to grow to $100 000? P = Po(1 + i) a. Calculate the value of t? b. Motivate your answer?Draw 1. Find the future value of a one time investment of $8,000 if the account compounds quarterly at 3.6% interest for 7 years. (8) ht P = $8,000 a = P(1 +²1) ²