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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- 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. $14,020.33Question 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%How 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 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 13.80
- 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. $60,355Step 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%
- WhenyoubuyabondforPhP2,000anditpays3%annualinterestfor10years.Howmuchinterest payments would you receive every year? a. PhP 50 b. PhP6 c. PhP5 d. PhP 50Find 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 5 727.66step 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. $9977