ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Please answer B and C only and dont use excel
NOTE: DONT USE EXCEL Problem A: Jenny's father depos P36,000 for 5 years in her savin accoun If her bank paid 4.67% inter mpounded annually, in the future value und off your final answer up to 2 decimal praces. Problem B: ne end of each year RS Bank pays interest at the rate of 7.6% annually compounded quarterly. How much money will Aerol have in the bank at the end of 4 years if he deposits P3,500 at the end of each quarter? Round off your final answer up to 2 decimal places. Problem C: Find the present value of annuity of P 4,500 at the end of each month for 6 years at 9.89% compounded monthly. Round off your final answer up to 2 decimal places.
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Transcribed Image Text:NOTE: DONT USE EXCEL Problem A: Jenny's father depos P36,000 for 5 years in her savin accoun If her bank paid 4.67% inter mpounded annually, in the future value und off your final answer up to 2 decimal praces. Problem B: ne end of each year RS Bank pays interest at the rate of 7.6% annually compounded quarterly. How much money will Aerol have in the bank at the end of 4 years if he deposits P3,500 at the end of each quarter? Round off your final answer up to 2 decimal places. Problem C: Find the present value of annuity of P 4,500 at the end of each month for 6 years at 9.89% compounded monthly. Round off your final answer up to 2 decimal places.
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