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Simple Interest IS=PrtCompound Interest MV= P(1+r/n)^nt
Problem 1) Bruno Earth deposited Php 5,000 in a bank paying 9% simple interest for 3 years. How much would he have in his account at the end of three years, assuming that no withdrawal was made?
Problem 2) If a person borrowed Php 35,000 from a bank charging 12% simple interest. How much would he pay at the end of 18 months
Problem 3) Find the compound amount if Php 7,500 is invested for 8 years and 5 months at 7% compounded semi-annually?
Problem 4) How long will it take for Php 600 to accumulate to Php 2,500 at 12% compounded semi-annually?
Problem 5) Pepito Manaloto deposited Php 1,500 in a bank with 12% interest compounded quarterly. How much will he have in his account at the end of one year?
Which of the following are based on an ability to pay? Explain. a. State Y collects a sales tax of 5% on all purchases of goods and services.
holiday company issued its 9 25-year mortgage bonds in the principal amount of 3000000 on january 2 1996 at a discount
Explain the rationale for the use of the lower-of-cost-or-market rule as it applies to inventories.(CMA adapted)
You currently have a credit card that charges 15.99% interest. You usually carry a balance of $500. You receive an offer for a new credit card with a teaser.
Swifty Inc. reported total assets of $6397000 and net income of $510000 for the current year. What is the corrected amount for total assets
Lopez Co. reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 300.
understanding the difference between fixed and variable costs what area of a health care facility or physician practice
Cash dividends on common stock, $37,800, payable on January 15, 2021. Make a partial balance sheet for Sheridan Corporation
last year abby loaned pat 10000 as a gesture of their friendship. although pat had signed a note payable that contained
Miller Company has a times interest earned ratio of 5. Sales and variable expenses were $57,290 and $40,105 respectively. Compute the company's fixed interest expense
You wish to invest in a franchise for either one of two national chains. Which franchise is riskier to you if sales forecasts are not met
Compute the degree of operating leverage for Carlyle. Now assume that the actual revenues will be 40% higher than the projected revenues
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