At what nominal rate compounded semi-annually will PhP5,000 amount to PhP6,000 in 2 years? A) 9.54% B) 9.33% C) 4.66% D) 4.77%
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- Question 6 At what rate compounded quarterly will Php15,000 accumulate to Php18,000 in 5 years? O 6.09% 3.66% 3.65% 6.07%What is the future value of $2,000 invested at the beginning of each year for six years at 4%? a. $13,796.59 Ob.$13,286.11 C. $14,426.67 Od. $14,020.33How much will be received in 6 years if Php35,000 is deposited in an account earning 5.5% interest per annum, compounded semi-annually? (A) P41,232.38 B P48,467.43 P41,186.89 D) P645,937.15
- II.DIRECTION: Compute for the amount of interest for the following; 1. Principal or amount barrowed : Php 10, 000Interest rate : 10% per yearTime : 3 months 2. Principal or amount barrowed : Php 30, 000Interest rate : 6% per yearTime : 60 daysFind the amount to which $1,000 will mature in 3.5 years at 7 ¾% p.a.What is the future equivalent at EOY 8 of $5,000 annual payments made at the beginning of each year for 8 years at 7% annual interest rate? O a. $55,355 b. $51,644 c. $51,299 d. $54,890 e. $60,355
- What annuity over a 10-year period at 8% interest is most nearly equivalent to the present worth of Php 100? A. Php 12.50 B. Php 14.90 C. Php 15.10 D. Php 13.80Step by step instructions please What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000 b. $5000 c. $11660 d. $103777.If $1000 is deposited at 12.5% p.a. for one year, what is the effective annual interest rate if interest is compounded quarterly? Select one: a. 13.10% b. 12.50% c. 13.03% d. 13.05%
- step by step instructions please What is the present value of $11,000 to be received in two years if the interest rate is 5% p.a.? a. $10476 b. $10000 c. $21000 d. $9977Question 12 A Php370,000 loan is to be amortized at 10% compounded semi-annually for 3 years. The semi-annual payment is Php67,173.49. From the given table below, what is the interest incurred in the second period? Period 0 1 2 3 4 5 6 Periodic Payment None Php67,173.49 Php67,173.49 Php67,173.49 Php67,173.49 Php67,173.49 Php67,173.49 Php9,250 Php59,371.58 Php252,704.93 Php 7,801.91 Interest Payment None Principal Repayment None Outstanding Balance Php370,000 12Find the compound interest earned by the end of 20 years and 7 months if Php 2000 is invested at 7 % compounded monthly. a. Php 5 878.23 b. Php 6 413.14 c. Php 5 315.08 d. Php 5 727.66
