Reference no: EM132992443
Question -
-How much is the interest earned in an account by the end of 5 years if P100,000 is deposited today and interest is 4% per year, compounded annually? (Round your answer to the nearest whole number)
-How much will be in an account at the end of five years the amount deposited today is P10,000 and interest is 8% per year, compounded semi-annually? (Round your final answer to the nearest whole number)
-What is the balance in an account at the end of 10 years if P2,500 is deposited today and the account earns 4% interest, compounded quarterly? (Round your final answer to the nearest whole number)
-How much should you deposit today in order to received P55.16 at the end of 35 years that pays 5% interest, compounded annualy? (Round your final answer to the nearest whole number)
-Suppose you want to have P500,000 saved by the time you reach age 30 and suppose that you are 20 years old today. If you can earn 5% on your funds, how much would you have to invest today to reach your goal? (Round your final answer to the nearest whole number)
-Suppose I want to be able to withdraw P5,000 at the end of five years and withdraw P6,000 at the end of six years, leaving a zero balance in the account after the last withdrawal. If I can earn 5% on my balances, how much must I deposit today to satisfy my withdrawals needs? (Round your final answer up to 2-decimal places)
-A P10,000 car loan has payments of P361.52 due at the end of each month for three years. What is the nominal interest rate? (Choices: A. 15% , B. 19% C. 18% D. 20%)
-How much must you deposit at the end of each year in an account that pays an annual interest rate of 20%, if at the end of 5 years you want P10,000 in the account? (Round your final answer up to 2-decimal places)
-Joe Ferro's uncle is going to give him P250 every beg. of the month for the next two years starting today. If Joe deposits every amount he receives from his uncle in an account paying a nominal annual interest rate of 6% compounded monthly, how much will he have at the end of three years? (Round you final answer up to the nearest 2-decimal places)
-Calculate the present value of a perpetuity bond that is expected to pay P50 of interest per year forever if the investor requires an annual return of 8 percent.
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