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1-10. Suppose Mr. Claude would like to save P10,000 every month in a fund that gives 9% compounded monthly. How much is the amount or future value of her savings after 6 months? Show using a cash flow-diagram.​

1-10. Suppose Mr. Claude would like to save P10,000 every month in a fund that gives 9% compounded monthly. How much is the amount or future value of her savings after 6 months? Show using a cash flow-diagram.​

Essentials Of Investments
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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1-10. Suppose Mr. Claude would like to save P10,000 every month in a fund that gives 9% compounded monthly. How much is the amount or future value of her savings after 6 months?
Show using a cash flow-diagram.​

 

41-50. Mr. Canlapan deposited his money from selling his old vehicle. The fund would allow him to withdraw P45,000 semi-annually for 5 years starting at the end of 1 year. How much is the amount deposited if the interest rate is 2% compounded semi-annually? 51-60. Mrs. Paro invests P5,000 every 3 months at an interest rate of 6 % compounded annually. How much will she have in this investment at the end of 6 years? How much interest is earned? 61-70. Roy purchased a house and lot by paying a down payment of P400,000 and P20,000 monthly for 25 years. The first payment is due after one year. How much is the cash price of the house and lot if the interest rate is 10% compounded monthly?
Transcribed Image Text:41-50. Mr. Canlapan deposited his money from selling his old vehicle. The fund would allow him to withdraw P45,000 semi-annually for 5 years starting at the end of 1 year. How much is the amount deposited if the interest rate is 2% compounded semi-annually? 51-60. Mrs. Paro invests P5,000 every 3 months at an interest rate of 6 % compounded annually. How much will she have in this investment at the end of 6 years? How much interest is earned? 61-70. Roy purchased a house and lot by paying a down payment of P400,000 and P20,000 monthly for 25 years. The first payment is due after one year. How much is the cash price of the house and lot if the interest rate is 10% compounded monthly?
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