Solve the following word problems. Show the complete soluti0ns and B0X the final answer. d. The price of a shirt is PhP 399. If you buy 5 shirts and up, you will get a 10% discount. Howmuch would you pay if you buy 10 shirts?e. David's laptop that he's been using for work had stopped working. He borrowed Php35,999 from the bank with an interest rate of 15% for 36 months. How much interest shouldhe pay if the interest is compounded monthly?f.Rachel deposited PhP 45,500 into her savings account. It earns 7.5% interest and iscompounded semi-annually. How much will she have after 18 months?

Hi student, Since there are multiple questions, we will answer only first question. Discount is…

Answered: d. The price of a shirt is PhP 399. If…

d. The price of a shirt is PhP 399. If you buy 5 shirts and up, you will get a 10% discount. How much would you pay if you buy 10 shirts?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Solve the following word problems. Show the complete soluti0ns and B0X the final answer.

d. The price of a shirt is PhP 399. If you buy 5 shirts and up, you will get a 10% discount. How
much would you pay if you buy 10 shirts?
e. David's laptop that he's been using for work had stopped working. He borrowed Php
35,999 from the bank with an interest rate of 15% for 36 months. How much interest should
he pay if the interest is compounded monthly?
f.
Rachel deposited PhP 45,500 into her savings account. It earns 7.5% interest and is
compounded semi-annually. How much will she have after 18 months?

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Suppose that you withdraw ₱ 1,500.00 from your savings account. Over the weekend, several people want to borrow money from you. Read the stories and decide to whom you will lend your money. Story 1. Your younger sister is having a garage sale. She needs cash to make a change for the day. She will sell you a bond for ₱ 1,000.00 You will keep the bond for a week, and she promises to pay you back. Story 2. Your older brother has a small business idea but doesn’t have any money. He wants to borrow your ₱ 1,500.00 and promises to pay you back ₱1,800.00 in four weeks. Story 3. Your best friend at school, whom you know very well, wants to borrow your ₱1,500.00 to buy cupcakes. She plans to sell at a higher price and promises to pay you back ₱1,700.00 in two weeks. Whose bonds will you buy? Why?
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