Reference no: EM132575400
Question 1. What is the monthly rate increasing your Php 500 today from Php 634 in 2 years compounded monthly?
Question 2. At the end of the 4th year, the value of your money invested today will be Php 1,464. Assume that the interest is 10%, compounded annually. What is the value of your investment today?
Question 3. To what amount will the $8,000 invested today for 7 years at 8% compounded semi-annually?
Question 4. To what amount will the $21,000 invested today for 5 years at 18% compounded monthly?
Question 5. What is the interest rate on a quarterly basis if the value of your money today is Php100 which earns Ph 61 in 6 years, compounded annually?
Question 6. A single investment of $500 is made today and will remain invested for 5 years. At the end of the 5th year, the value of your money will be $669. Assuming that the interest is compounded annually, calculate for the amount of interest. In addition, compute also the interest when the FV is $800 compounded semi-annually.
Question 7. How many years will your $53 to grow to $ 78.76 if it is invested at 2% compounded annually?
Question 8. How many semi-annuals will your $100 to grow to $298.60. If it is invested at 20% compounded semi-annually?
Question 9. An airplane ticket costs $600 today, and it is to increase at a rate of 8% per year compounded semi-annually. Determine the years it will take for the $600 to $900.
Question 10. Assume that $700 is invested today and is anticipated to increase by $1,000 with an interest rate of 8% compounded quarterly. Determine the years it will materialize.
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