. Anton has P100,000 now, he would like to invest his money in a money market security that earns 6% per annum. How much would be his money worth 10 years from now. Prepare an excel table
. Anton has P100,000 now, he would like to invest his money in a money market security that earns 6% per annum. How much would be his money worth 10 years from now. Prepare an excel table
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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1. Anton has P100,000 now, he would like to invest his money in a money market security that earns 6% per annum. How much would be his money worth 10 years from now. Prepare an excel table
2. Jenny wanted to buy her dream house. Its estimated value 10 years from now is P5,000,000. Jenny wanted to know the worth of the dreamhouse today. What is now the present value of the house at 10% per year
3. On January 1, 2021, Rupert acquired a machine worth P1,000,000. He would like to pay it by installment every year for 5 years starting December 31, 2021.The interest rate as of this time is 12% per year. How much is the annual periodic payment to be made by Rupert. Prepare an excel table for the amortization.
4. If you have 100 pesos today and you invest it for 50 years with the money earning at 12% per annum compounded yearly. How much is the peso equivalent fifty years from now.
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