1. What amount would yield an interest of Php 2,437.5 in 5 years at 3% per annum Period Time Interest Maturity Value Present Principal Interest Amount Rate Value
1. What amount would yield an interest of Php 2,437.5 in 5 years at 3% per annum Period Time Interest Maturity Value Present Principal Interest Amount Rate Value
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
Related questions
Question

Transcribed Image Text:Each column in the table below is labeled, complete the table by writing the given data (in figures), the
word “unknown" for the unknown data, N/A if it is not applicable in the problem.
1. What amount would yield an interest of Php 2,437.5 in 5 years at 3% per annum?|
Principal
Interest
Period/Time Interest Maturity Value Present
Amount
Rate
Value
2. A loan of Php 30,000 on August 2012 has been paid on March 2015 in the amount of P38.000. What is
the duration of the loan?
Principal
Interest
Period/Time Interest Maturity Value Present
Amount
Rate
Value
3. How long will 8,200 amount to Php 10,500 if the simple interest is the calculated at 13%?
Principal
Interest
Period/Time Interest Maturity Value Present
Amount
Rate
Value
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you

Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,



Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,



Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,

Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education